405 Lexington Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 67 2,800 $ 15,627
$ / SF SF Monthly Rent
$ 86 3,100 $ 22,216
$ / SF SF Monthly Rent
$ 67 5,800 $ 32,141

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 10,800 Negotiable
$ 53 11,700 $ 51,918
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

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

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue $ 61 1,500 $ 7,625
Lexington Ave & East 42nd Street $ 66 1,700 $ 9,350
Lafayette St & East 41st Street $ 55 1,700 $ 7,791
Address $ / SF SF Monthly Rent
E 44th St & Third Avenue $ 47 4,000 $ 15,500
Lexington Ave & East 44th Street $ 51 4,200 $ 17,850
Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue $ 63 61,100 $ 321,666
Third Ave & East 42nd Street $ 64 5,500 $ 29,390
Third Ave & East 43rd Street $ 81 6,900 $ 46,287
Third Ave & East 41st Street $ 76 5,700 $ 35,862

405 Lexington Avenue Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 1,300 Negotiable
$ / SF SF >Monthly Rent
Negotiable 2,300 Negotiable
$ / SF SF >Monthly Rent
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Abrams Garfinkel & Rosen Testimonial

Abrams Garfinkel & Rosen testimonial

405 Lexington Avenue

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

Public Transportation

Time and Distance from 405 Lexington Avenue New York, NY 10174
Transit / Subway Distance Walk
Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) 0.1 mi 2 min
5 Avenue-Bryant Park Transit Stop (7) 0.3 mi 7 min
51 Street Transit Stop (4, 6) 0.4 mi 9 min
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.5 mi 10 min
Lexington Avenue-53 Street Transit Stop (E, M) 0.5 mi 11 min

Map Location

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
  • Sapphire Systems Inc leased 2,702 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
  • The Body Shop leased 1,800 SF at 420 Lexington Ave
  • Hale and Hearty leased 1,800 SF at 369 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

Office Rent 405 Lexington Avenue Average

Year $ / SF
2018 74.5
2019 74.86
2020 77.0
2021 88.0
2022 92.81
Year $ / SF
2018 64.72
2022 56.55
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