420 Lexington Avenue
Class: A + 10170 Buildings Grand Central
Direct Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 2,100 | Negotiable |
| $ 66 | 2,700 | $ 14,782 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 4,300 | Negotiable |
| $ 60 | 3,000 | $ 15,081 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 10,900 | Negotiable |
| $ 60 | 6,900 | $ 34,686 |
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 44th St & Third Avenue | $ 43 | 2,900 | $ 10,403 |
| E 42nd St & Park Avenue | $ 69 | 2,900 | $ 16,602 |
| E 43rd St & Third Avenue | $ 33 | 1,200 | $ 3,262 |
| E 40th St & Park Avenue | $ 39 | 2,600 | $ 8,450 |
| Madison Ave & East 41st Avenue | $ 50 | 2,300 | $ 9,583 |
| Lexington Ave & East 40th Street | $ 38 | 1,100 | $ 3,483 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 44th St & Fifth Avenue | $ 35 | 2,500 | $ 7,291 |
| Lexington Ave & Between East 39th Street | $ 52 | 1,500 | $ 6,500 |
| E 44th St & Madison Avenue | $ 45 | 2,700 | $ 10,125 |
| E 44th St & Fifth Avenue | $ 55 | 2,500 | $ 11,458 |
| W 46th St & Fifth Avenue | $ 57 | 1,100 | $ 5,225 |
| W 46th St & Avenue of the Americas | $ 40 | 1,800 | $ 6,000 |
| Fifth Ave & East 39th Street | $ 39 | 2,100 | $ 6,825 |
| E 39th St & Between 1st Avenue | $ 39 | 2,600 | $ 8,525 |
| Address | $ / SF | SF | Monthly Rent |
|---|
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 2,800 | Negotiable |
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 8,300 | Negotiable |
Nearby Sublease Office Spaces for Rent
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 44th St & Third Avenue | $ 43 | 2,900 | $ 10,403 |
| E 42nd St & Park Avenue | $ 69 | 2,900 | $ 16,602 |
| E 43rd St & Third Avenue | $ 33 | 1,200 | $ 3,262 |
| E 40th St & Park Avenue | $ 39 | 2,600 | $ 8,450 |
| Madison Ave & East 41st Avenue | $ 50 | 2,300 | $ 9,583 |
| Lexington Ave & East 40th Street | $ 38 | 1,100 | $ 3,483 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 44th St & Fifth Avenue | $ 35 | 2,500 | $ 7,291 |
| Lexington Ave & Between East 39th Street | $ 52 | 1,500 | $ 6,500 |
| E 44th St & Madison Avenue | $ 45 | 2,700 | $ 10,125 |
| E 44th St & Fifth Avenue | $ 55 | 2,500 | $ 11,458 |
| W 46th St & Fifth Avenue | $ 57 | 1,100 | $ 5,225 |
| W 46th St & Avenue of the Americas | $ 40 | 1,800 | $ 6,000 |
| Fifth Ave & East 39th Street | $ 39 | 2,100 | $ 6,825 |
| E 39th St & Between 1st Avenue | $ 39 | 2,600 | $ 8,525 |
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 43rd Street | $ 110 | 10,800 | $ 99,000 |
| Park Ave & Lexington Avenue | $ 65 | 27,400 | $ 149,330 |
| E 44th St & East 44th Street | $ 100 | 5,200 | $ 43,333 |
| Third Ave & Between East 44th Street | $ 57 | 10,400 | $ 49,746 |
| E 42nd St & Madison Avenue | $ 80 | 12,700 | $ 84,666 |
| Lexington Ave & East 41st Street | $ 46 | 6,900 | $ 26,565 |
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,500/mo | $ 1,500/mo | $ 1,000/mo |
| Interior office/person | $ 1,500/mo | $ 1,000/mo | $ 700/mo |
420 Lexington Avenue Retail Spaces for Rent
Retail Spaces for Rent
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Brightwater Fund LLC Testimonial
420 Lexington Avenue
420 Lexington Avenue, located in Manhattan's Grand Central neighborhood, is a 30-story office building that offers various rental options such as coworking, leasing, and subleasing. The office space spans an extensive area of 1,501,275 square feet and holds a prestigious Class A rating. It provides a wide range of rental choices, including small, medium, and large options.
Constructed in 1927, this building currently houses renowned tenants such as Bank Leumi, New Plan Excel Realty Trust, New York Life Insurance Co., DeWitt Stern Group, Metro-North Commuter Railroad Company, and New York Life Insurance Company.
In addition to leasing, the option to sublease is also available. In 2022, the average office rent at 420 Lexington Avenue was $65.0 per square foot, which aligned with the market trends observed in 2021, where the average rent stood at $64.03 per square foot.
420 Lexington Avenue benefits from convenient transportation options that provide easy access to multiple train lines. These options include the Grand Central-42 Street Station, which operates the 4, 42 St Shuttle, 5, 6, and 7 lines, as well as the 42 Street-Bryant Park Station, serving the B, D, F, and M lines.
Constructed in 1927, this building currently houses renowned tenants such as Bank Leumi, New Plan Excel Realty Trust, New York Life Insurance Co., DeWitt Stern Group, Metro-North Commuter Railroad Company, and New York Life Insurance Company.
In addition to leasing, the option to sublease is also available. In 2022, the average office rent at 420 Lexington Avenue was $65.0 per square foot, which aligned with the market trends observed in 2021, where the average rent stood at $64.03 per square foot.
420 Lexington Avenue benefits from convenient transportation options that provide easy access to multiple train lines. These options include the Grand Central-42 Street Station, which operates the 4, 42 St Shuttle, 5, 6, and 7 lines, as well as the 42 Street-Bryant Park Station, serving the B, D, F, and M lines.
420 Lexington Avenue Property Overview
| Bulding Address: | 420 Lexington Ave |
| Bulding Name: | Graybar Building |
| Building Alternate address(es): | 420 Lexington Ave |
| Zip Code: | 10170 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 30 |
| Year Built: | 1927 |
| Building Class: | A |
| Block & lot: | 01280-7501 |
Map Location
Office Tenants Rented / Leased 420 Lexington Avenue
Retail Tenants Rented / Leased 420 Lexington Avenue
- Egar Technologies leased 909 SF
- Metro-North Commuter Railroad Company leased 30,254 SF
- Phoenix Investment Advisor leased 7,457 SF
- Paladyne Systems LLC leased 7,837 SF
- Triad Retail Media leased 5,595 SF
- Podravka International USA leased 773 SF
- Borstein Turkel, P.C. leased 2,000 SF
Retail Tenants Rented / Leased 420 Lexington Avenue
- Spectrum Companies leased 292 SF
- Joe the Art of Coffee leased 476 SF
- Equinox 44th Street Inc. leased 1,074 SF
- Lex Dees Stores Inc. leased 5,372 SF
- The Body Shop leased 1,800 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Davis Polk leased 650,000 SF at 450 Lexington Ave
- J. Walter Thompson leased 270,280 SF at 237 Park Ave
- Simpson Thacher & Bartlett leased 162,341 SF at 425 Lexington Ave
- Siguler Guff leased 44,000 SF at 200 Park Avenue
- Alvarez & Marsal Holdings leased 29,960 SF at 125 Park Ave
- Marquis Jet Partners leased 10,000 SF at 230 Park Ave
- Lewis Baach PLLC Kaufmann Middlemiss leased 3,867 SF at 405 Lexington Ave
Nearby Retail Tenants Leased
- Urban Space leased 10,000 SF at 230 Park Ave
- Ariston Florist leased 1,200 SF at 425 Lexington Ave
- Valley Shepherd 442 leased 300 SF at 151 East 43rd Street
Office Rent 420 Lexington Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 58.86 |
| 2019 | 67.56 |
| 2020 | 144.29 |
| 2021 | 64.03 |
| 2022 | 65.0 |
| Year | $ / SF |
|---|---|
| 2019 | 58.0 |
| 2021 | 47.0 |
| 2022 | 59.0 |
