SPACE DESCRIPTION

This is a build to suit offering in the heart of Grand Central (with direct access to the Station). It is a 12,716 sq. ft. mid-rise floor offering triple corner exposure with windows on 3 sides.

This (proposed) layout is excellent for law firm occupancy. The present plan needs to be reworked at the core a bit to reduce the number of workstations and add a large war room, 4 interior offices and more file storage space - otherwise the proposed plan looks ideal and efficient with lots of natural light.

The starting rental in July 2017 will be $65.00 per sq. ft. (about $68,500 per month) and given what is going on with new construction proximate to Grand Central, we believe that for July of 2017 this will be quite a competitive deal - with direct indoor access to Grand Central Station and all of its amenities.

This space is part of a curated list of available "private spaces" in Manhattan that we believe have exceptional utility for law firm use as well as offering very competitive values in the current commercial office space market in Manhattan. This space offers both, and is therefor included in the list. If you are interested in hearing more - or if you would like to inspect the current space to see the exposures and light, please contact Neal Lerner (212) 986-9100 (Or Email Us). We are available to help you evaluate a large list of office space that is specifically suited for law firms. You can also CLICK HERE FOR MORE PRIVATE SPACE LISTINGS

HIGHLIGHTS

Class A BuildingCard Key System
Renovated Building7 x 24 x 365 Access
Attended LobbyGreat Light + Views
Bring Your Own InternetBring Your Own Phones
Above Standard ImprovementsOperable Windows
High Ceilings

LISTING ADDRESS

420 Lexington Avenue
New York, NY 10017

Map

AVAILABLE COMMERCIAL OFFICE SPACE

Part 21st Floor
12716 sq. ft.

LISTING DETAILS

  • Space Type Available Offices
  • Host Practice General Practice
  • Listing For All Professionals
  • Neighborhood Murray Hill
    Midtown Manhattan
  • Lease Type Direct Lease
  • Rent Please Inquire
  • Electric Submeter
  • Possession/Vacancy Date JULY 2017
  • Term of Lease 10 Years
  • Last Updated 09-09-2016

Contact The Advertiser

420 Lexington Avenue - Graybar Building
New York, NY 10170

Discover the iconic Graybar Building, a prime location for attorneys in the Grand Central area, offering exceptional connectivity and a prestigious address. Explore the historic Graybar Building at 420 Lexington Ave, a prime location for attorneys, featuring modern amenities, easy access to public transportation, and proximity to Grand Central Station.

Reasons for popularity with attorneys:

Prestigious address: The Graybar Building is located in the bustling Grand Central area, providing a highly sought-after address for law firms and professionals.

Central Hub: Situated near Grand Central Station, it allows convenient access to major pub ...Read more

Murray Hill Facts

Murray Hill is a Manhattan neighborhood with boundaries between First Avenue and Madison Avenue, east to west.  It runs north to south from 42nd Street to 34th Street and this area encompasses a large number of commercial office buildings between Third and Madison Avenues. There is considerable overlap between the Murray Hill and Grand Central neighborhoods.

The neighborhood is largely residential, east of Third Avenue with many townhouses, and a plethora of new residential high -ise construction.  Great restaurants abound, with every amenity one would expect at close hand.  “Korea Town” and “Curry Hill” are 2 areas with high concentrations of ethnic populations, businesses and restaurants at street level.

Shared professional office space rentals are concentrated between Third Avenue and Madison Avenue and rental rates rise as you move towards the north west boundary at 42nd Street and Madison Avenue.  There are several buildings in the Murray Hill / Grand Central area that still cater to small tenants, including:

420 Lexington Avenue
60 East 42nd Street
122 East 42nd Street
370 Lexington Avenue
355 Lexington Avenue

 

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