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Class A Office Building with Flexible Floor Plates
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575 Lexington Ave, New York, NY 10022

Flexible floor plates range from 8,600 to 41,410 RSF in a Class A Midtown office building.

Property Size8,600 SF - 41,410 SF
Days on Market656

Property Features for 575 Lexington Ave

General Information

Standard status Active
Size 8,600 SF - 41,410 SF
Net Rentable 8,600 SF
Class A
Property subtype OFFICE

Space & Availability

Available Space 8,600-41,410 SF
Divisible Yes
Space Use Office
Private Offices 5
Meeting Rooms 3
Capacity 42 people

Amenities

terrace
lounge
coffee bar

Building Details

Stories 35
Building Size 745,487 SF
Listing Agency: George Comfort & Sons, Inc.
Listed By: Neil King
Source: Moodyscre
Added: Oct 14, 2024 Changed: Jul 30 Last Checked: Jul 30 at 2:30PM

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 George Comfort & Sons, Inc.

Investment Insights

Based on property information with market context.

575 Lexington Ave is a Class A, 35-story office building offering flexible floor plates suited to both large users and smaller boutique tenants. Available floor plates range from 8,600 to 41,410 RSF, supporting a variety of workplace layouts.

The building is located in Midtown Manhattan’s Plaza District between 51st and 52nd Street. Tenants have access to the 14th floor amenity space, which includes a terrace, lounge, and coffee bar.

A pending prebuilt space is set for delivery in Q1 2025. The prebuilt features 5 offices, 1 conference room, 2 meeting rooms, and an open area for 42 people. The floor plan is not yet finalized and is subject to change.

Key Highlights

  • Class A 35‑story office building totaling 745,487 SF
  • Flexible floor plates from 8,600 to 41,410 RSF
  • Pending prebuilt delivery in Q1 2025 with 5 offices and conference space

Property Analytics

Current Use

Scarlett Marketing & Advertising Spontaneous Film Production lifetime plumbing General Contractor Bluerock Video Editing Service Tiffany Ma, Esq. Law Firm

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Real Estate Agency Auto Parts Store Acupuncture

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

68,223
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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 building - Flexible floor plates range from 8,600 to 41,410 RSF in a Class A Midtown office building.
Where is this office building located?
The property is located at 575 Lexington Ave New York, NY.
What are key features of this property?
This property features: Class A 35‑story office building totaling 745,487 SF; Flexible floor plates from 8,600 to 41,410 RSF; Pending prebuilt delivery in Q1 2025 with 5 offices and conference space
(212) 542-2116 Call to check price and availability
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