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Penthouse Office Suite with Staircase to E31
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485 Lexington Ave, New York, NY 10017

Penthouse office suite with white-box pending condition and an interconnecting staircase to E31, offering 360-degree Manhattan views.

Property Size14,078 SF
Days on Market1235

Property Features for 485 Lexington Ave

General Information

Standard status Active
Size 14,078 SF
Property subtype OFFICE

Additional Details

Floor Penthouse
Public Transit Yes

Amenities

extended HVAC hours
on-site parking garage
Bright Horizons
Form 50 Fitness
tenant-exclusive primary care medical practice

Building Details

Year Built 1956
Year Renovated 2007
Stories 32
Construction curtain wall
Listing Agency: SL Green Realty Corp - Corporate
Listed By: David M. Kaufman · License #10311204338
Source: Moodyscre
Added: Mar 16, 2023 Changed: Jul 29 Last Checked: Aug 1 at 12:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SL Green Realty Corp - Corporate

Investment Insights

Based on property information with market context.

Located at 485 Lexington Ave on a full block front along Lexington Avenue, this mid-century office building stands 32 stories above 46th and 47th Streets. The property is steps from the northern access to Grand Central Terminal, providing convenient access to subway, bus, Metro-North, and train lines.

This offering is a penthouse floor with an interconnecting staircase to E31. The space is currently described as white-box pending and totals 14,078 square feet, with views described as 360 degrees over Manhattan. The building was completed in 1956 and renovated in 2007 by Vidaris, Inc., featuring an efficient base with boutique tower floors.

Building amenities referenced include extended HVAC hours and a 100-car on-site parking garage. Additional newer building amenities mentioned are Bright Horizons, Form 50 Fitness, and a tenant-exclusive primary care medical practice.

Key Highlights

  • 14,078 SF penthouse office floor with 360‑degree Manhattan views
  • White‑box pending; penthouse includes an interconnecting staircase to E31
  • Completed in 1956; renovated in 2007 by Vidaris, Inc.

Property Analytics

Current Use

Perricone Law Consultant BayBridge Real Estate ... Real Estate Agency Gold Bullion International ... Financial Advisor Citibank ATM Atm Center on Addiction Charitable Organization

Suggested Use

Top Pick Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

70,743
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Penthouse office suite with white-box pending condition and an interconnecting staircase to E31, offering 360-degree Manhattan views.
Where is this office units located?
The property is located at 485 Lexington Ave New York, NY.
What are key features of this property?
This property features: 14,078 SF penthouse office floor with 360‑degree Manhattan views; White‑box pending; penthouse includes an interconnecting staircase to E31; Completed in 1956; renovated in 2007 by Vidaris, Inc.
(212) 356-4104 Call to check price and availability
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