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Downtown Office Building with Transit Access
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60 E 42nd St, New York, NY 10165

55-story office building with direct in-building access to Grand Central Terminal and updated windows, elevators, HVAC, and security systems.

Property Size2,091 SF
Days on Market250

Property Features for 60 E 42nd St

General Information

Standard status Active
Size 2,091 SF
Property subtype RETAIL

Amenities

visitor center
tenants-only conference center
6b
Pera Mediterranean Brasserie
Blue Bottle Coffee
JPMorgan Chase Bank
FedEx
Charles Schwab

Building Details

Stories 55
Tenancy Multi
Listing Agency: Empire State Realty Trust
Listed By: Fred Posniak
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 28 Last Checked: Jul 31 at 11:11AM

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 Empire State Realty Trust

Investment Insights

Based on property information with market context.

One Grand Central Place is a 55-story office building directly across from Grand Central Terminal, with an enhanced infrastructure program supporting a restored lobby and in-building amenities. Upgrades include windows, elevators, air-conditioned public corridors and restrooms, and building-wide systems such as electrical, plumbing, HVAC, and security.

The building offers direct in-building access to Grand Central Terminal and its commuter trains, plus steps from multiple subway lines and direct access to the LIRR through Grand Central. A 12-minute walk to the Port Authority Bus Terminal further supports convenient commuting and connectivity.

In-building services include a visitor center, a tenants-only conference center, and multiple dining options, along with JPMorgan Chase Bank and other on-site services. The property also features office tenants listed in the remarks and provides in-building access to Grand Central Terminal’s shopping and dining options.

Key Highlights

  • 55‑story office building directly across from Grand Central Terminal with in‑building access to the terminal and commuter trains
  • Steps from 5 subway lines with direct access to the LIRR through Grand Central
  • Walkable to Port Authority Bus Terminal, about a 12‑minute walk

Property Analytics

Current Use

Family Centered Law ... Law Firm Peiser Floors Construction Company Charmer Sunbelt Group Corporate Office Stein & Ott Law Firm Morici & Morici Law Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Skin Care Clinic

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 10165, NY

20
Population
2
Households
10
Avg Household Size
36
Median Age

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 - 55-story office building with direct in-building access to Grand Central Terminal and updated windows, elevators, HVAC, and security systems.
Where is this office building located?
The property is located at 60 E 42nd St New York, NY.
What are key features of this property?
This property features: 55‑story office building directly across from Grand Central Terminal with in‑building access to the terminal and commuter trains; Steps from 5 subway lines with direct access to the LIRR through Grand Central; Walkable to Port Authority Bus Terminal, about a 12‑minute walk
(212) 850-2618 Call to check price and availability
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