405 Lexington Avenue is a prominent office building located in the bustling Grand Central neighborhood of Manhattan. It offers a wide range of options for rental, leasing, co-working, and subleasing, spanning an impressive 1,292,002 square feet of class A office space. Tenants can choose from small, medium, or large office spaces based on their needs. The building also houses popular co-working spaces like Regus Business Centers and Spaces to cater to different working preferences.
The building is home to a diverse roster of tenants, including notable businesses like Moses & Singer, a prominent law firm, and Maxim Group, a finance company. The average office rent for this location was $92.81 per square foot in 2022 and $88.0 per square foot in 2021, making it an attractive option for businesses.
One of the advantages of 405 Lexington Avenue is its excellent location in the city, providing easy access to multiple transit options. The Grand Central-42 Street Subway Station is only a 2-minute walk away and provides access to various train lines, including the 4, 42 St Shuttle, 5, 6, and 7 lines. Additionally, the 5 Avenue-Bryant Park Subway Station can be reached with a convenient 7-minute stroll and offers access to the 7 train line. Other nearby subway stations include the 51 Street Subway Station, the 42 Street-Bryant Park Subway Station, and the Lexington Avenue-53 Street Subway Station.
Overall, 405 Lexington Avenue is a highly sought-after destination for businesses seeking office spaces in the heart of Manhattan due to its impressive amenities, diverse tenant base, and convenient access to transportation.
405 Lexington Avenue Property Overview
Bulding Address: | 405 Lexington Ave |
Bulding Name: | Chrysler Building |
Building Alternate address(es): | 405 Lexington Ave |
Zip Code: | 10174 |
Neighborhood: | Grand Central |
Borough: | Manhattan |
Stories: | 77 |
Year Built: | 1929 |
Building Class: | A |
Block & lot: | 01297-0023 |
Office Tenants Rented / Leased 405 Lexington Avenue- Lewis Baach PLLC Kaufmann Middlemiss leased 3,867 SF
- CAA leased 74,550 SF
- Memorial Sloan-Kettering Cancer Center leased 43,000 SF
- Wilfred Aubrey LLC leased 2,210 SF
- Maxim Group leased 43,800 SF
- Oxford Analytica leased 1,057 SF
- Novo Nordisk Of North A… leased 500 SF
Nearby Office Tenants Leased- Davis Polk leased 650,000 SF at 450 Lexington Ave
- Simpson Thacher & Bartlett leased 162,341 SF at 425 Lexington Ave
- Alvarez & Marsal Holdings leased 29,960 SF at 125 Park Ave
- Panama Maritime Authority leased 5,588 SF at 369 Lexington Ave
- Touchstorm LLC leased 5,500 SF at 355 Lexington Ave
- The Phoenix Group Associates leased 2,556 SF at 370 Lexington Ave
- David Kownacki PC leased 1,675 SF at 420 Lexington Ave
Nearby Retail Tenants Leased- Zengo leased 17,000 SF at 622 Third Ave
- Staples leased 12,000 SF at 675 Third Ave
- Nextel Retail Stores leased 2,115 SF at 655 Third Ave
- Duane Reade leased 2,000 SF at 630 Third Ave
- Hale and Hearty leased 1,800 SF at 369 Lexington Ave
- The Body Shop leased 1,800 SF at 420 Lexington Ave
- Nooi leased 1,700 SF at 370 Lexington Ave
- Ariston Florist leased 1,200 SF at 425 Lexington Ave
- Valley Shepherd 442 leased 300 SF at 151 East 43rd Street