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Rent/Lease Office 420 Lexington Ave

Lease Office 420 Lexington Ave

$ / SF SF Monthly Rent
$ 70
7,400
$ 43,475
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 78
2,800
$ 18,200
$ / SF SF Monthly Rent
$ 68
2,300
$ 13,033

Rent Sublease Office at 420 Lexington Ave

$ / SF SF Monthly Rent
Negotiable
11,400
Negotiable
$ / SF SF Monthly Rent
Negotiable
4,100
Negotiable
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & East 44th Street $ 65
13,500
$ 73,125
Third Ave & East 39th Street $ 35
49,100
$ 143,208
Lexington Ave & East 43rd Street $ 54
12,900
$ 58,587
5th Ave & East 44th Street $ 70
9,600
$ 55,600
Park Ave & East 45th Street $ 100
9,700
$ 80,833
E 42nd St & Lexington Avenue $ 40
55,700
$ 183,345
Address $ / SF SF Monthly Rent
Park Ave & East 39th Street $ 99
4,200
$ 34,650
Fifth Ave & East 44th Street $ 50
3,300
$ 13,750
E 42nd St & Lexington Avenue $ 49
4,800
$ 19,600
5th Ave & East 44th Street $ 70
7,000
$ 40,541
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 40
10,300
$ 34,333
Lexington Ave & East 41st Street $ 25
7,300
$ 15,056
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
E 42nd St & Lexington Avenue $ 51
4,800
$ 20,400
Lexington Ave & East 41st Street $ 26
5,600
$ 12,250
Madison Ave & East 40th Street $ 59
4,200
$ 20,562
E 41st St & Fifth Avenue $ 47
2,700
$ 10,575
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Lexington Ave & East 40th Street $ 42
2,100
$ 7,262
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Vanderbilt Ave & East 43rd Street $ 125
15,800
$ 164,583
Fifth Ave & East 46th Street $ 69
11,400
$ 65,550
Park Ave & East 41st Avenue $ 175
12,200
$ 177,916
Third Ave & East 40th Street $ 60
27,700
$ 138,500
Park Ave & East 39th Street $ 105
12,400
$ 108,500
E 42nd St & Lexington Avenue $ 69
28,500
$ 163,875
Fifth Ave & East 40th Street $ 85
11,200
$ 79,333
Madison Ave & East 45th Street $ 85
14,200
$ 100,583
E 42nd St & Madison Avenue $ 84
12,700
$ 88,900
E 40th St & Fifth Avenue $ 70
8,100
$ 47,250
Third Ave & East 41st Street $ 65
8,400
$ 45,500
Address $ / SF SF Monthly Rent
Park Ave & East 40th Street $ 98
3,200
$ 26,133
E 45th St & Lexington Avenue $ 81
4,300
$ 29,025
Third Ave & East 42nd Street $ 70
5,500
$ 32,083
E 42nd St & Lexington Avenue $ 58
4,100
$ 19,816
Vanderbilt Ave & East 44th Street $ 49
5,300
$ 21,641
Third Ave & East 41st Street $ 55
5,100
$ 23,375
Third Ave & East 41st Street $ 70
4,800
$ 28,000
Third Ave & Between East 44th Street $ 65
4,800
$ 26,000
Third Ave & East 46th Street $ 62
4,100
$ 21,183
Third Ave & East 39th Street $ 70
4,700
$ 27,416
Address $ / SF SF Monthly Rent
E 45th St & Lexington Avenue $ 75
2,400
$ 15,000
Park Ave & East 41st Street $ 85
2,300
$ 16,291
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Address $ / SF SF Monthly Rent
Fifth Ave & East 42nd Street $ 58
7,400
$ 35,766
E 42nd St & Park Avenue $ 59
9,700
$ 47,691
E 42nd St & Lexington Avenue $ 64
8,400
$ 45,150
Madison Ave & East 40th Street $ 65
14,600
$ 79,083
Vanderbilt Ave & East 44th Street $ 81
8,100
$ 54,675
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
E 44th St & Third Avenue $ 58
8,400
$ 40,600
E 45th St & Third Avenue $ 48
7,100
$ 28,400
Madison Ave & East 40th Street $ 58
16,000
$ 78,000
Address $ / SF SF Monthly Rent
E 45th St & Third Avenue $ 48
5,000
$ 20,000
Madison Ave & East 40th Street $ 56
6,900
$ 32,200
E 44th St & Third Avenue $ 48
4,500
$ 18,000
E 41st St & Fifth Avenue $ 50
4,000
$ 16,666
E 42nd St & Park Avenue $ 66
6,700
$ 36,850
Madison Ave & East 40th Street $ 76
3,600
$ 22,950
Madison Ave & East 41st Avenue $ 58
5,700
$ 27,312
Madison Ave & East 41st Avenue $ 62
2,600
$ 13,541
Lexington Ave & East 41st Street $ 62
3,700
$ 18,962
Vanderbilt Ave & East 44th Street $ 52
4,000
$ 17,166
Fifth Ave & East 45th Street $ 84
6,800
$ 47,600
Third Ave & Between East 44th Street $ 68
4,800
$ 27,000
E 42nd St & Lexington Avenue $ 56
3,300
$ 15,537
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue $ 132
2,000
$ 22,000
Madison Ave & East 41st Avenue $ 55
2,000
$ 9,166
Lexington Ave & East 40th Street $ 43
2,100
$ 7,525
Fifth Ave & East 42nd Street $ 60
1,600
$ 8,000
Lexington Ave & East 44th Street $ 55
1,500
$ 6,875
E 42nd St & Lexington Avenue $ 61
2,200
$ 11,183
E 42nd St & Madison Avenue $ 69
2,100
$ 12,075
Second Ave & East 43rd Street $ 59
2,300
$ 11,308
Madison Ave & East 39th Street $ 52
1,900
$ 8,233
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,016
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 39
7,900
$ 25,675
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 85
6,000
$ 42,500
E 40th St & Lexington Avenue $ 50
3,000
$ 12,500
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,733

Retail Spaces for Rent at 420 Lexington Ave

Rent Medical Space at 420 Lexington Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 420 Lexington Avenue. This trend is projected to continue. Opportunities for subleases remain available at 420 Lexington Avenue and in the nearby Grand Central neighborhood.
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420 Lexington Avenue nyc
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420 Lexington Avenue Property Overview

Building Address: 420 Lexington Ave, New York NY 10170
Building Name: Graybar Building
Building Alternate Address: 420 Lexington Ave
Zip Code:10170
Neighborhood:Grand Central
Borough:Manhattan
Stories:31
Year Built:1927
Building Class:A
Block & lot:01280-7501

The Graybar Building, located at 420 Lexington Avenue in Manhattan, New York City, is a 30-story office building designed in the Art Deco style by Sloan & Robertson. It was constructed between 1925 and 1927 as part of "Terminal City," a collection of buildings above Grand Central Terminal's underground tracks.

Initially known as the Eastern Terminal Office Building, it was renamed after one of its original lessees, Graybar. The building features the Graybar Passage, a public passageway connecting Lexington Avenue to Grand Central Terminal. It was fully leased within a year of opening and became a landmark in 2016.

The building's site was previously occupied by the Grand Central Palace, which was demolished to make way for Grand Central Terminal. The area's development was influenced by the completion of the terminal, transforming it into a major civic center.

420 Lexington Avenue, Manhattan, NYC is known as the Graybar Building. Located on Lexington Avenue at 43rd Street, it offers direct access to Grand Central Terminal. This 31-story building was completed in 1927 and features a mix of Babylonian and Byzantine architectural motifs. It is a prominent example of Art Deco style and was once one of the largest office buildings in the world.


420 Lexington Avenue Amenities

  • High-Speed Elevators: Efficient and quick access to all floors.
  • On-Site Management & Messenger Center: Dedicated support for all tenant needs.
  • Tech-Ready Workspace: Fully wired for seamless connectivity and collaboration.
  • LEED Gold Certification: Demonstrating commitment to sustainability and energy efficiency.
  • Equinox Fitness Club: State-of-the-art fitness facilities with spa services.
  • 18,000 sq. ft. Tenant Conference Center: Equipped with meeting rooms and state-of-the-art audio/video systems.
  • Seamless Access to Grand Central Terminal: Convenient connections to Metro North, Long Island Railroad, and major subway lines.

420 Lexington Avenue Office Tenants

Located in the heart of Manhattan, 420 Lexington Avenue, also known as the Graybar Building, is home to numerous prominent tenants.

  • Apple
  • New York Life Insurance
  • Metro-North Commuter Railroad Co.
  • Pride Global
  • Equinox (retail)
  • Verizon (retail)
  • Webster Bank (retail)

Internet 420 Lexington Avenue

420 Lexington Avenue in Manhattan, NYC, offers a range of internet providers due to its WiredScore Platinum rating for digital connectivity. The building supports multiple high-speed internet options, including:

  • Fiber: Available through providers like Altice and CenturyLink.
  • Fixed Wireless: An alternative to fiber, providing over-the-air high-speed internet.
  • Partial Distribution: Providers such as AT&T, Cogent, Crown Castle Fiber, Spectrum Business, and Towerstream offer partial distribution services.

Additionally, Verizon Business solutions are available at this location.


Access 420 Lexington Avenue

420 Lexington Avenue, Manhattan, NYC is conveniently located near major transportation hubs.

Nearest Subway Stations: Grand Central-42 St (5-minute walk) and 33 St (5-minute walk). Subway lines include the 4, 5, 6, 7, and S trains.

Nearest Train Station: Grand Central Terminal (8-minute walk), serving Metro-North Railroad lines including the Harlem and Hudson lines.

Bus Routes: M101, M102, M103, M1, M2, M3, M4, and Q32 buses stop nearby.

Cross Streets: Located between 43rd and 44th Streets.


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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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