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Office Building with Direct Grand Central Access
For Lease
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60 E 42nd St, New York, NY 10165

Office building with in-building access to Grand Central Terminal plus upgraded windows, elevators, and air-conditioned public corridors.

Space Size39,556 SF
Days on Market146

Property Features for 60 E 42nd St

General Information

Standard status Active
Size 39,556 SF
Elevators Yes
Property subtype RETAIL

Additional Details

Public Transit Yes

Amenities

visitor center
tenants-only conference center
6b
Pera Mediterranean Brasserie
Blue Bottle Coffee
JPMorgan Chase Bank
FedEx
Charles Schwab
in-building access to Grand Central Terminal

Building Details

Stories 55

Spaces For Lease

at 60 E 42nd St Contact us

One Grand Central Place

Floor
5
Size
39,556 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- One Grand Central Place is an architectural gem rising 55 stories directly across...
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Listing Agency: Empire State Realty Trust
Listed By: Fred Posniak
Source: Moodyscre
Added: Apr 28 Changed: Sep 4 Last Checked: Sep 19 at 1:27PM

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 located directly across from Grand Central Terminal, with in-building access to the Terminal and its commuter trains. The property offers a restored lobby and extensive in-building amenities, including a visitor center and a tenants-only conference center.

The building has completed upgrades to windows, elevators, and air-conditioned public corridors and restrooms, along with building-wide systems covering electrical, plumbing, HVAC, and security. One Grand Central Place is WELL Certified by the International WELL Building Institute and is also a Fitwel Champion. The building is 100% fully powered by renewable wind energy and received the 2021 ENERGY STAR Partner of the Year Award.

Convenience and transit access are central to the tenant experience, with direct access to the Long Island Railroad through Grand Central. The property is a 12-minute walk to Port Authority Bus Terminal and steps from 5 subway lines. Additional in-building dining options include Blue Bottle Coffee and Pera Mediterranean Brasserie, and financial and delivery tenants are listed among the on-site services.

Key Highlights

  • 39,556 SF office building across from Grand Central Terminal
  • In‑building access to Grand Central Terminal and commuter trains; direct LIRR access through Grand Central
  • Upgraded windows, elevators, air‑conditioned public corridors and restrooms, and building‑wide electrical, plumbing, HVAC, and security

Property Analytics

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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 Pet Grooming Service Nursing Home Buffet Parking Lot & Garage Plumbing Service Electrical Service

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

5,033
Businesses Nearby

Demographics for 10165, NY

20
Population
2
Households
10
Avg Household Size
36
Median Age
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
42,008 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 - Office building with in-building access to Grand Central Terminal plus upgraded windows, elevators, and air-conditioned public corridors.
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: 39,556 SF office building across from Grand Central Terminal; In‑building access to Grand Central Terminal and commuter trains; direct LIRR access through Grand Central; Upgraded windows, elevators, air‑conditioned public corridors and restrooms, and building‑wide electrical, plumbing, HVAC, and security
(212) 850-2618 Call to check price and availability
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