Office Building with Direct Grand Central
60 E 42nd St, New York, NY 10165
For Lease
Contact for pricing
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 Market196
Property Features for 60 E 42nd St
General Information
Standard status
Size
Elevators
Property subtype
Site & Location
Neighborhood
Public Transit
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
Spaces For Lease
at 60 E 42nd St
One Grand Central Place
AVAILABLE, Now
Floor
5
Size
39,556 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- One Grand Central Place is an architectural gem rising 55 stories directly across the street from Grand Central Terminal.
- Our thorough enhancement and upgrade program provides a first-rate infrastructure that augments a magnificently restored lobby and extensive in-building amenities to create a premier environment with unparalleled convenience. Office tenants include GLG, iCapital Network, Inc., Winged Keel Group, Inc, and CLA.
- The state-of-the-art property has completed upgrades to its windows, elevators, air-conditioned public corridors and restrooms, and building-wide systems, including electrical, plumbing, HVAC, and security.
- ESRT is the first portfolio in the Americas to be WELL Certified by the International WELL Building Institute.
- Additionally, ESRT is a Fitwel Champion, is 100% fully powered by renewable wind energy, earned the 2021 ENERGY STAR Partner of the Year Award, and has received Five Stars, an A rating, and a score of 94 from GRESB.
- As a leader in sustainability, energy efficiency, and Indoor Environmental Quality, ESRT can help your client meet its sustainability goals (76% of our eligible portfolio is ENERGY STAR certified). ESRT supports these efforts with its own corporate sustainability leadership and is publicly traded on the NYSE with a best-in-class balance sheet.
- In-building services include a visitor center, tenants-only conference center, dining options: 6b, Pera Mediterranean Brasserie, Blue Bottle Coffee, JPMorgan Chase Bank, FedEx and Charles Schwab. Additional office services, dining, lodging, and specialty retailers within the immediate vicinity including in-building access to Grand Central Terminal’s numerous shopping and dining options.
- One Grand Central Place is unmatched in access to mass transportation with direct in-building access to Grand Central Terminal and all its commuter trains; 12-minute walk to Port Authority Bus Terminal; and steps from 5 subway lines. Direct access to the Long Island Railroad (LIRR) available through Grand Central as well.
Contact us
Listing Agency:
Empire State Realty Trust
(212) 687-8700
Listed By:
Fred Posniak
(212) 850-2618
Source:
Moodyscre
Added: Apr 28
Changed: Nov 7
Last Checked: Nov 8 at 7:40AM
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
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Investment Insights
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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.
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
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,033
Businesses Nearby
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Business Placement
Demographics for 10165, NY
20
Population
2
Households
10
Avg Household Size
36
Median Age
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York, NY
$63.91 /SF/Yr
Avg Asking Price
$37–$185 /SF/Yr
Price Range
40,300 SF
Avg Space Size
Properties on Market for Office buildings in New York
Vacancy Rate% for Office in Northeast region
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
