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575 Lexington Avenue, New York, NY 10022

Class-A office building in Midtown Manhattan's Plaza District.

Space Size4,382 SF - 35,865 SF
Property Size745,487 SF
Days on Market1192

Property Features for 575 Lexington Avenue

General Information

Standard status Active
Size 4,382 SF - 35,865 SF
Class A
Total Parking Spaces 150
Property subtype Retail, Office

Building Details

Building Size 745,487 SF
Year Built 1958
Tenancy Multiple

Spaces For Lease

at 575 Lexington Avenue Contact us

19th Floor Suite 1900

Size
15,226 SF
Type
Office, Retail
Availability
Active
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20th Floor Suite 2000

Size
14,565 SF
Type
Office, Retail
Availability
Active
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24(2410)

Size
4,382 SF
Type
Office, Retail
Availability
Active
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28th Floor Suite 2860

Size
5,326 SF
Type
Office, Retail
Availability
Active
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31st Floor Suite 3100

Size
4,755 SF
Type
Office, Retail
Availability
Active
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8th Floor Suite 800

Size
35,865 SF
Type
Office, Retail
Availability
Active
Contact us

Ground

Size
10,598 SF
Type
Office, Retail
Availability
Active
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Suite 15(1500)

Size
22,281 SF
Type
Office, Retail
Availability
Active
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Suite 26(2600)

Size
9,850 SF
Type
Office, Retail
Availability
Active
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Suite 29(2900)

Size
4,774 SF
Type
Office, Retail
Availability
Active
Contact us

Suite 33(3300)

Size
9,811 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: GEORGE COMFORT & SONS, INC
Listed By: Dana R Pike · License #NY
Source: Crexi
Added: May 20, 2023 Changed: Aug 21 Last Checked: Aug 21 at 8:20PM

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 Avenue is a 35-story, Class-A office building encompassing 745,487 square feet. Situated in Midtown Manhattan’s Plaza District, between 51st and 52nd Street, the property offers flexible floor plates ranging from 8,600 to 41,410 rentable square feet. This flexibility accommodates both large users seeking substantial space and smaller boutique tenants. The building is easily accessible via the E, M, and 6 subway lines, located at the Lexington and 51st Street Station just outside the property's entrance. This station is the only one in Midtown providing direct access to Penn Station, Port Authority Bus Terminal, and Grand Central. Furthermore, the property is located seven blocks from Grand Central Terminal, with access via the Grand Central North passage entrance only four blocks away. The proximity to Grand Central and convenient subway access provides tenants with immediate access to all areas of NYC, including the outer boroughs, Westchester, Connecticut, and New Jersey.

Key Highlights

  • Premier Class‑A office building in Midtown Manhattan's Plaza District.
  • Direct subway access to Penn Station, Port Authority Bus Terminal, and Grand Central via E, M, and 6 trains.
  • Flexible floor plates (8,600 to 41,410 RSF) cater to both large and small tenants.

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

4,302
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

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 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 - Class-A office building in Midtown Manhattan's Plaza District.
Where is this office building located?
The property is located at 575 Lexington Avenue New York, NY.
What are key features of this property?
This property features: Premier Class‑A office building in Midtown Manhattan's Plaza District.; Direct subway access to Penn Station, Port Authority Bus Terminal, and Grand Central via E, M, and 6 trains.; Flexible floor plates (8,600 to 41,410 RSF) cater to both large and small tenants.
(212) 481-1122 Call to check price and availability
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