Grand central Office For Lease

Grand central Office Spaces For Rent

Address	$ / SF	SF	Monthly Rent
Small Grand Central Offices for Rent
Madison Ave & East 39th Street	$ 51	1,100	$ 4,600
Fifth Ave & East 42nd Street	$ 53	1,100	$ 4,800
E 41st Street & Fifth Avenue	$ 48	1,200	$ 4,800
Medium Grand Central Offices for Rent
Fifth Ave & East 39th Street	$ 64	3,000	$ 16,000
Park Ave & East 41st Avenue	$ 213	3,200	$ 56,800
Third Ave & East 42nd Street	$ 110	8,600	$ 78,800
Large Grand Central Offices for Rent
Madison Ave & East 42nd Street	$ 145	5,100	$ 61,600
Third Ave & East 42nd Street	$ 110	8,600	$ 78,800
Fifth Ave & East 46th Street	$ Negotiable	Negotiable	$ 56,200
Park Ave & East 45th Street	$ 145	5,400	$ 65,200
Fifth Ave & East 46th Street	$ Negotiable	Negotiable	$ 106,200
Fifth Ave & East 46th Street	$ Negotiable	Negotiable	$ 153,000

Address	$ / SF	SF	Monthly Rent
Small Grand Central Offices for Rent
None	$ Negotiable	Negotiable	$ Negotiable
None	$ Negotiable	Negotiable	$ Negotiable
Park Ave & East 39th Street	$ Negotiable	Negotiable	$ Negotiable
None	$ 100	3,500	$ 29,000
None	$ 59	1,400	$ 6,800
Madison Ave & East 40th Street	$ 51	1,500	$ 6,200
Medium Grand Central Offices for Rent
Park Ave & East 39th Street	$ Negotiable	Negotiable	$ Negotiable
E 46th Street & Fifth Avenue	$ 52	3,000	$ 13,000
Madison Ave & East 40th Street	$ Negotiable	Negotiable	$ Negotiable
E 42nd Street & Madison Avenue	$ Negotiable	Negotiable	$ Negotiable
None	$ 100	3,500	$ 29,000
None	$ 100	3,500	$ 29,000
Large Grand Central Offices for Rent
Madison Ave & East 42nd Street	$ 78	5,100	$ 33,000
Third Ave & East 39th Street	$ Negotiable	Negotiable	$ Negotiable
Third Ave & East 39th Street	$ Negotiable	Negotiable	$ Negotiable
Madison Ave & East 42nd Street	$ Negotiable	Negotiable	$ Negotiable
None	$ 65	27,400	$ 148,400
Madison Ave & East 41st Avenue	$ Negotiable	Negotiable	$ Negotiable

Address	$ / SF	SF	Monthly Rent
Small Grand Central Offices for Rent
E 39th Street & Fifth Avenue	$ 90	8,000	$ 60,000
E 43rd Street & Third Avenue	$ Negotiable	Negotiable	$ Negotiable
Medium Grand Central Offices for Rent
E 39th Street & Fifth Avenue	$ 90	8,000	$ 60,000
E 43rd Street & Third Avenue	$ Negotiable	Negotiable	$ Negotiable
Large Grand Central Offices for Rent
E 39th Street & Fifth Avenue	$ 90	8,000	$ 60,000

10-20 People	$/Person
Luxury- Top Building	$1,700
Medium – Good Buildings	$1,300
Economy Loft buildings	$ 700

Luxury - Top Buildings

Enterprise Luxury - Top Building - Office 1

Enterprise Luxury - Top Building - Office 2

Enterprise Luxury - Top Building - Office 3

Enterprise Luxury - Top Building - Office 4

Enterprise Luxury - Top Building - Office 5

Enterprise Luxury - Top Building - Office 6

Enterprise Luxury - Top Building - Office 7

Enterprise Luxury - Top Building - Office 8

Enterprise Luxury - Top Building - Office 9

Enterprise Luxury - Top Building - Office 10

Enterprise Luxury - Top Building - Office 11

21-50 People	$/Person
Luxury- Top Building	$1,600
Medium – Good Buildings	$1,150
Economy Loft buildings	$ 650

Medium – Good Buildings

51-100 People	$/Person
Luxury- Top Building	$ 1,500
Medium – Good Buildings	$ 950
Economy Loft buildings	$ 600

Economy Loft buildings

office Tenants Rented / Leased Grand Central

University of Texas at Austin leased 15,212 SF at 28 West 44th Street
Kreindler & Kreindler leased 14,078 SF at 485 Lexington Avenue
Lamar Advertising Company leased 2,440 SF at 122 East 42nd Street
FTI Consulting leased 120,000 SF at 1166 Sixth Avenue
CBRE leased 44,612 SF at 200 Park Avenue
Permanent Mission of Belize to the United Nations leased 3,868 SF at 675 Third Avenue
iCapital Networks leased 17,613 SF at 60 East 42nd Street

Grand Central

Neighborhood Summary

Boundaries for Grand Central

Grand Central is located in Midtown Manhattan and is bound by 7th Avenue to 1st Avenue from 36th Street to 56th Street.

Class A Office Leases

Grand Central contains 70 Class A office buildings offering 550 different office spaces for lease. In total, there are currently 6,083,394 square feet of rentable Class A office space available.

Class B Office Leases

Grand Central contains 41 Class B office buildings offering 192 different office spaces for lease. In total, there are currently 492,296 square feet of rentable Class B office space available.

Commute to Grand Central

The Grand Central Terminal is one of the main transportation centers in the region. It serves the Metro-North trains as well as the East Side 4, 5 and 6 local and express subway lines. The 7 subway terminals and the transport along 42nd Street are also available at the terminal. Moreover, most of the buildings of the Grand Central District are within walking distance of the Sixth Avenue Subway Line (B, D, F, and V).

New Developments

SL Green’s One Vanderbilt building, midtown's new supertall, with a projected completion date of August, 2020 has attracted a number of high end clients. One Vanderbilt overlooks Grand Central Station.

Current Largest and Newest Tenants

Tenants for One Vanderbilt include Sentinel Capital Partners, The Carlyle Group, TD Bank, and KPS Capital Partners.

History of Office Leasing in Grand Central

Midtown Manhattan was built around the Grand Central Terminal. When the current terminal started out in 1913, the city's central business district, centered in Donegal, moved to Midtown. In the 1930s, the finished Art Deco Chrysler Building was at that time the tallest building in the world. In recent years, the Grand Central Terminal has undergone an extensive renovation and has emerged as one of the city's jewels, a destination for the restaurants retailers and restaurants. The neighborhood is affluent in hotels, restaurants, and shops. Park Avenue north of Grand Central Terminal remains one of the most prestigious corporate addresses in the world.

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