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Rent/Lease Office 425 Lexington Ave
Lease Office 425 Lexington Ave
Rent Sublease Office at 425 Lexington Ave
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 44th Street | $ 65 | 13,500 |
$ 73,125 |
| E 42nd St & Lexington Avenue | $ 40 | 55,700 |
$ 185,666 |
| 5th Ave & East 44th Street | $ 70.5 | 9,600 |
$ 56,400 |
| Park Ave & East 45th Street | $ 98 | 9,700 |
$ 79,216 |
| Third Ave & East 39th Street | $ 35 | 49,100 |
$ 143,208 |
| Lexington Ave & East 43rd Street | $ 55 | 12,900 |
$ 59,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 40th Street | $ 66 | 4,300 |
$ 23,650 |
| Lexington Ave & East 41st Street | $ 63 | 3,800 |
$ 19,950 |
| 5th Ave & East 44th Street | $ 71 | 7,000 |
$ 41,416 |
| E 42nd St & Lexington Avenue | $ 49 | 4,800 |
$ 19,600 |
| Park Ave & East 39th Street | $ 99 | 4,200 |
$ 34,650 |
| Fifth Ave & East 44th Street | $ 50 | 3,300 |
$ 13,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 50 | 2,100 |
$ 8,750 |
| Park Ave & East 40th Street | $ 67.5 | 2,000 |
$ 11,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 24.75 | 7,300 |
$ 15,056 |
| Fifth Ave & East 45th Street | $ 40 | 10,300 |
$ 34,333 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 58.75 | 4,200 |
$ 20,562 |
| Fifth Ave & East 45th Street | $ 54 | 3,400 |
$ 15,300 |
| Lexington Ave & East 41st Street | $ 27.25 | 5,600 |
$ 12,716 |
| E 42nd St & Park Avenue | $ 42 | 5,100 |
$ 17,850 |
| E 42nd St & Lexington Avenue | $ 52 | 4,800 |
$ 20,800 |
| Fifth Ave & East 44th Street | $ 51.5 | 3,300 |
$ 14,162 |
| E 41st St & Fifth Avenue | $ 47 | 2,700 |
$ 10,575 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 51.5 | 2,100 |
$ 9,012 |
| Lexington Ave & East 40th Street | $ 41 | 2,100 |
$ 7,175 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Fifth Avenue | $ 70 | 8,100 |
$ 47,250 |
| Park Ave & East 41st Street | $ 175 | 12,200 |
$ 177,916 |
| Third Ave & East 46th Street | $ 81 | 12,100 |
$ 81,675 |
| Fifth Ave & East 40th Street | $ 85 | 11,200 |
$ 79,333 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Fifth Avenue | $ 70 | 6,400 |
$ 37,333 |
| Third Ave & East 46th Street | $ 62 | 4,100 |
$ 21,183 |
| Vanderbilt Ave & East 44th Street | $ 49 | 5,300 |
$ 21,641 |
| Third Ave & East 40th Street | $ 63 | 3,600 |
$ 18,900 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 57 | 1,500 |
$ 7,125 |
| E 44th St & Lexington Avenue | $ 82 | 2,300 |
$ 15,716 |
| Lexington Ave & East 42nd Street | $ 61 | 1,500 |
$ 7,625 |
| Third Ave & East 41st Street | $ 55 | 1,700 |
$ 7,791 |
| Park Ave & East 41st Street | $ 85 | 2,300 |
$ 16,291 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 65.5 | 14,600 |
$ 79,691 |
| Vanderbilt Ave & East 44th Street | $ 79 | 8,100 |
$ 53,325 |
| E 42nd St & Park Avenue | $ 59 | 9,700 |
$ 47,691 |
| Fifth Ave & East 42nd Street | $ 58 | 7,400 |
$ 35,766 |
| E 44th St & Third Avenue | $ 58 | 8,400 |
$ 40,600 |
| Fifth Ave & East 45th Street | $ 68 | 7,900 |
$ 44,766 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 41st Street | $ 56 | 5,700 |
$ 26,600 |
| Madison Ave & East 40th Street | $ 75 | 3,600 |
$ 22,500 |
| Vanderbilt Ave & East 44th Street | $ 50 | 4,000 |
$ 16,666 |
| Second Ave & East 43rd Street | $ 56 | 4,800 |
$ 22,400 |
| Madison Ave & East 39th Street | $ 50 | 2,700 |
$ 11,250 |
| Lexington Ave & East 41st Street | $ 60 | 3,700 |
$ 18,500 |
| E 42nd St & Park Avenue | $ 66 | 6,700 |
$ 36,850 |
| Fifth Ave & East 42nd Street | $ 60 | 3,800 |
$ 19,000 |
| Madison Ave & East 40th Street | $ 45 | 3,500 |
$ 13,125 |
| E 44th St & Third Avenue | $ 48 | 4,500 |
$ 18,000 |
| Madison Ave & East 40th Street | $ 55 | 2,500 |
$ 11,458 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 67 | 1,700 |
$ 9,491 |
| Second Ave & East 43rd Street | $ 59 | 2,300 |
$ 11,308 |
| Madison Ave & East 39th Street | $ 52 | 1,900 |
$ 8,233 |
| Fifth Ave & East 42nd Street | $ 60 | 1,600 |
$ 8,000 |
| Madison Ave & East 40th Street | $ 60 | 2,400 |
$ 12,000 |
| Madison Ave & East 41st Street | $ 55 | 2,000 |
$ 9,166 |
| E 42nd St & Madison Avenue | $ 69 | 2,100 |
$ 12,075 |
| E 42nd St & Lexington Avenue | $ 61 | 2,200 |
$ 11,183 |
| E 44th St & Fifth Avenue | $ 55 | 2,200 |
$ 10,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 39th Street | $ 52 | 7,300 |
$ 31,633 |
| E 39th St & Fifth Avenue | $ 39.5 | 7,900 |
$ 26,004 |
| Fifth Ave & Between East 42nd Street | $ 84 | 9,200 |
$ 64,400 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 48.5 | 3,000 |
$ 12,125 |
| Fifth Ave & Between East 42nd Street | $ 83.5 | 6,000 |
$ 41,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 50.5 | 1,600 |
$ 6,733 |
Retail Spaces for Rent at 425 Lexington Ave
Rent Retail 425 Lexington Ave
Rent Medical Space at 425 Lexington Ave
Office Tenants Rented / Leased 425 Lexington Avenue
- Endevon Capital Llc leased 500 SF
- Ariston Floral Boutique leased 1,207 SF
- Shizuoka Bank leased 9,574 SF
- Starbucks leased 800 SF
- Simpson Thacher leased 501,284 SF
- Holwell Shuster & Goldberg leased 60,000 SF
- Thacher & Bartlett LLP leased 595,000 SF
- Simpson Thacher & Bartlett leased 162,341 SF
- CIBC leased 134,351 SF
- Holwell Schuster & Goldb… leased 55,845 SF
- Ariston Florist leased 1,200 SF
Nearby Office Tenants Leased
- Mitsubishi International Corp. leased 122,500 SF at 655 Third Ave
- BDO Seidman leased 121,441 SF at 100 Park Ave
- The United Nations leased 120,000 SF at 730 Third Ave
- Convene leased 116,000 SF at 530 Fifth Avenue
- McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
- WeWork leased 111,500 SF at 750 Lexington Avenue
- Katten leased 110,157 SF at 575 Madison Ave
- TBWA Worldwide leased 107,308 SF at 488 Madison Ave
- KPMG LLP leased 102,979 SF at 560 Lexington Ave
- Crain Communications leased 100,000 SF at 711 Third Ave
- Asanda Aveda leased 6,800 SF at 120 East 56th St
- New York Golf Center leased 6,500 SF at 100 Park Ave
- Francois Latapie leased 6,500 SF at 30 East 60th St
- Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
- Nespresso leased 6,300 SF at 24 West 40th Street
- Le Pain Quotidien leased 6,050 SF at 3 Park Ave
- Brooks Brothers leased 6,000 SF at 11 East 44th St
- National Basketball Association leased 6,000 SF at 590 Fifth Ave
- JP Morgan Chase Bank leased 6,000 SF at 1 United Nations Plaza
- Bo Concept leased 6,000 SF at 220 East 57th St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 425 Lexington Avenue. This trend is projected to continue. Opportunities for subleases remain available at 425 Lexington Avenue and in the nearby Grand Central neighborhood.
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Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
425 Lexington Avenue Property Overview
| Building Address: | 425 Lexington Ave, New York NY 10017 |
| Building Alternate Address: | 425 Lexington Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 31 |
| Year Built: | 1987 |
| Building Class: | A |
| Block & lot: | 01298-0023 |
425 Lexington Avenue, located in the Turtle Bay neighborhood of Manhattan, New York City, is a prominent office building. Designed by Murphy/Jahn, Inc. Architects, it was constructed in 1987 and features 31 stories.
The building has a total area of 627,691 square feet and is classified as an "Office Only with or without Commercial - 20 Stories or More" (O4). Its current tax assessor's market value is approximately $353,732,000.
Historically, the property was purchased for $701,000,000 in 2018. The building's architecture reflects the modern style typical of the late 20th century, contributing to the urban landscape of Manhattan.
425 Lexington Avenue, Manhattan, NYC
Also known as 425 Lexington, this building is located in the Turtle Bay neighborhood of Manhattan, New York City.
Primary Address: 425 Lexington Avenue
Secondary Address: 123-139 E 43rd Street
Neighborhood: Turtle Bay
Borough: Manhattan
Zip Code: 10017
Block & Lot: 01298-0023
Building Details
- Year Built: 1987
- Stories: 31
- Building Class: Office Only with or without Commercial - 20 Stories or More (O4)
- Building Square Footage: 627,691 sqft
- Lot Square Footage: 35,145 sqft
Architectural Features
Designed by Helmut Jahn, this Postmodern tower features a trapezoidal plan and is clad in turquoise-tinted glass, reflecting the nearby Chrysler Building.
Location Highlights
Located across from Grand Central Terminal and the historic Chrysler Building, offering proximity to mass transit and amenities.
425 Lexington Avenue offers a range of amenities to enhance the work experience:
- LX Amenity Center: A private-to-tenants amenity center featuring a cutting-edge fitness facility, locker rooms, lounge, conference center, and golf simulator.
- Executive Parking Hub: A private 25-car garage for convenient parking.
- Sky-High Innovation: Signature conference space at the tower's dramatic angular crown.
- Urban Oasis: A 30-foot outdoor plaza perfect for lunch breaks or informal meetings.
- Green Building Pioneer: LEED Gold certification ensures a healthier, more sustainable environment.
- Round-the-Clock Security: Professional on-site security team for safety and comfort.
- Convenient Location: Steps from Grand Central Terminal with easy access to public transportation.
Office Tenants at 425 Lexington Avenue:
- Thacher & Bartlett LLP
- Ariston Floral Boutique
- Holwell Schuster
Internet providers available at 425 Lexington Ave, Manhattan, NYC, include:
- AT&T U-verse: Offers fiber and DSL services with speeds up to 1,024 Mbps.
- Spectrum: Provides fiber and cable services with speeds up to 300 Mbps.
- Verizon: Offers fiber and DSL services with speeds up to 2,300 Mbps.
- Xfinity: Offers cable services with speeds up to 2,048 Mbps.
These providers offer a range of services, including fiber, DSL, and cable options.
425 Lexington Avenue is located in Manhattan, NYC, offering convenient access to various transportation options.
Nearest Subway Stations: The closest subway station is Grand Central-42 St, which is a 1-minute walk away. Subway lines 4, 5, 6, 7, and S are available nearby.
Bus Stops: Nearby bus stops include Lexington Av/E 45 St, Madison Av/E 46 St, and Lexington Ave & E 48th St, with bus lines BXM4, M101, M103, M15-SBS, M4, M42, M5, and QM40.
Train Stations: Grand Central and Grand Central Madison are the nearest train stations, with a 6-minute walk to Grand Central.
Cross Streets: The building is situated between East 44th Street and East 45th Street.
Office Tenants Rented / Leased 425 Lexington Avenue
- Endevon Capital Llc leased 500 SF
- Ariston Floral Boutique leased 1,207 SF
- Shizuoka Bank leased 9,574 SF
- Starbucks leased 800 SF
- Simpson Thacher leased 501,284 SF
- Holwell Shuster & Goldberg leased 60,000 SF
- Thacher & Bartlett LLP leased 595,000 SF
- Simpson Thacher & Bartlett leased 162,341 SF
- CIBC leased 134,351 SF
- Holwell Schuster & Goldb… leased 55,845 SF
- Ariston Florist leased 1,200 SF
Nearby Office Tenants Leased
- Mitsubishi International Corp. leased 122,500 SF at 655 Third Ave
- BDO Seidman leased 121,441 SF at 100 Park Ave
- The United Nations leased 120,000 SF at 730 Third Ave
- Convene leased 116,000 SF at 530 Fifth Avenue
- McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
- WeWork leased 111,500 SF at 750 Lexington Avenue
- Katten leased 110,157 SF at 575 Madison Ave
- TBWA Worldwide leased 107,308 SF at 488 Madison Ave
- KPMG LLP leased 102,979 SF at 560 Lexington Ave
- Crain Communications leased 100,000 SF at 711 Third Ave
- Asanda Aveda leased 6,800 SF at 120 East 56th St
- New York Golf Center leased 6,500 SF at 100 Park Ave
- Francois Latapie leased 6,500 SF at 30 East 60th St
- Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
- Nespresso leased 6,300 SF at 24 West 40th Street
- Le Pain Quotidien leased 6,050 SF at 3 Park Ave
- Brooks Brothers leased 6,000 SF at 11 East 44th St
- National Basketball Association leased 6,000 SF at 590 Fifth Ave
- JP Morgan Chase Bank leased 6,000 SF at 1 United Nations Plaza
- Bo Concept leased 6,000 SF at 220 East 57th St
Recent News About 425 Lexington Avenue
Abrams Garfinkel & Rosen Testimonial
Dear Stephen:
On behalf of my partners and myself, I want to thank you for your representation, assistance and support in connection with our search for new office space. We have worked with many brokers over the last eighteen months, but you were the only one who truly listened and tried to understand what our requirements, limitations and needs were. As a result of your diligence and persistence, we have been able to sign a lease for a space that meets all of our physical, aesthetic and economic criteria. You have done an excellent job on our behalf, and we are truly appreciative.
Please feel free to share this letter with any of your potential clients, as we would wholeheartedly recommend your services to others. Once again, thank you for everything.
Sincerely,
Neil B. Garfinkel
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!