Grand Central Office for Lease

Grand Central Office Space for Lease | 46th Street - $52 / 5200 SF.

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This office is located inside a beautiful Class A landmark building on the East Side, the property has a restored art deco lobby, concierge, 24/7 access, new elevators, freight access and it is located very close to Grand Central.

We have a great space available for your growing business strategically situated across from Grand Central! This corner unit is conveniently located directly off the elevators. It has amazing light and views because it is on a high floor. There is 5200 sq ft of available office space in a raw state - the landlord will completely build out the space to suit new tenants needs. This commercial space used to consist of a expansive open work area along with the additional of 8 partner offices along the perimeter of the space, while the remainder of the space used to host a staff of 20, in addition the office was serviced by a spacious glass clad conference room, pantry with seating area, an IT closet, and two private restrooms.

The building itself enjoys a diverse client base occupying this class A property from executive level recruiting consultants to alternative investment financial firms.

The space as stated is ready to be renovated, its just awaiting the right qualified tenant to plan and lease. Please contact us for a price on this space because the landlord has recently greatly reduced his asking price due to market conditions. This property will not be on the market very long at these prices!

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BELOW - An Example of another office within the same building

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This is an extraordinary opportunity ready for an extraordinary tenant!

Available to view at your earliest convenience.

Available Sizes:
5,200 SF - Call for the latest Price / Lease Details

Key Features: 
- Class A Office Building
- Raw Layout; Landlord will Pre-Built to Tenant's Specification
- Full Length Windows on Three Sides (Great Sunlit Exposure & Unencumbered Views)
- Prestigious Address and Location
- 5 to 10 Year Lease Term
- High Vantage / Good Exposure (Natural Light & Views)
- 24 Hour Staffed Lobby (Uniformed Lobby Attendant)
- 24 Hour Elevator Access
- Secure Keypad and Identification Entry
- On-site Management
- Well-Maintained Building
- Tenant Controlled HVAC
- Accessible from Grand Central & conveniently located to many top Fortune 500 Companies!

Office Floor Plans:

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Option #1 Broker Assisted
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Space Location (East 42nd Street)


Neighoborhood Information
Midtown Manhattan, or simply Midtown, represents the middle lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city's most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations.

Midtown Manhattan is the largest central business district in the United States and ranks among the most intensely used pieces of real estate in the world.

Even as some buildings in the core of Midtown are seeing modest rents, the average asking rent for the market overall rose substantially. In Midtown, the city's premier office market, the average taking rent inked with landlords was $75.73 per square foot. Taking rents are increasing as the high end of the market improves, drawing the overall averages upward, but in older buildings in some areas, rents have stalled. Grand Central and the East Side, they are flat year-over-year. Grand Central [for example] tends to be a value play. The availability rate is up slightly in Midtown due to large new availabilities along the Third Avenue and Park Avenue corridors...

Businesses who call this Neighborhood Home
JP Morgan Chase & Co
Pwc
Pfizer, Inc.
Davis Polk & Wardwell LLP
Simpson Thacher & Bartlett LLP
Societe Generale
Mount Sinai
Bloomberg LP
Dreyfus Service Corporation
Gibson, Dunn & Crutcher LLP
Winston & Strawn LLP
J. Walter Thompson
Guggenheim Partners LLC
Major League Baseball Properties, Inc
McDermott Will & Emery
A&E Television Networks
Aegis Media Americas, Inc.
Voya Financial, Inc
Moses & Singer, LLP
Gerson Lehrman
WPIX, Inc.
Rodale Press
Warburg Pincus, LLC.

Nearby
The Westin New York Grand Central (212 East 42nd Street)
Fotzpatrick Grand Central (141 East 44th Street)
Hotel Boutique at Grand Central (447 Lexington Avenue)
Club Quarters Hotel, Grand Central (128 East 45th Street)

Noteable Buildings in the Area
220 East 42nd Street
501 Fifth Avenue
551 Fifth Avenue
420 Lexington Avenue
274 Madison Avenue
275 Madison Avenue
286 Madison Avenue
315 Madison Avenue
299 Park Avenue
345 Park Avenue
666 Third Avenue
711 Third Avenue

Transit
S 4 5 6 7 at Grand Central 0.2 miles
B D F M 7 at 5th Avenue 0.3 miles
6 at 33rd Street 0.3 miles
B D F M N Q R at 34th St-Herald Square 0.5 miles
PATH at 33rd Street Station 0.5 miles

To the Airport
JFK Airport: 60 minutes by cab with no traffic
Laguardia Airport: 45 minutes by cab with no traffic
Times Square: 5 minutes by subway
Wall Street / Financial District: 1 minutes by subway

 

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