Office Space Rental Grand Central

Grand Central Office Rental | East 42nd Street - $59 / 1370 SF.

small-midtown-office

This Boutique Building contains an office rental that is in excellent condition, the landlord is scehuled to repaint and carpet the space. The lease offers an exceptional opportunity for a small commercial tenant who needs to be in a prestigious building along with an impressive address. The space herein is currently divided into two areas (2 windowed private offices and an open space), but the landlord will build to suit for a 5 year term or greater. Additionally you stand to benefit not only from the location but also the quality of standard, being housed in a full service class A building you'll come to enjoy all the best amenities and features that such a property has to offer. Today the building's halls and passenger elevators are undergoing a complete renovation which was completed in 2016. Otherwise the beautiful landmark property has a restored art deco lobby, and offers concierge, 24/7 access, new wiring, freight access and it is located very close to Grand Central.

small-midtown-manhattan-office small-class-a-midtown-office

Available to view at your earliest convenience.

Available Sizes:
1,370 SF - $59 per SF. (2 to 5 Year Term)

Key Features:
- Column Free Space
- Class B Property
- Mix of private offices and open plan
- Front corner space with over-sized Windows
- 24/7 Tenant Controlled HVAC
- 24/7 Building Access & Attended Lobby
- Named Listing in the Lobby
- Doorman Attended Lobby (9am to 5pm; Mon - Fri)
- Boutique Owner Occupied Building
- Art Deco Lobby Building Entrance
- Brand-new, high speed, intelligent elevator cabs in 2014
- Verizon FIOS is available
- Owner-managed Building
- Conveniently near Grand Central: MTA Transit Hub; 4, 5, 6, 7 and S (shuttle between Grand Central and Times Square).

Office Floor Plan:

office-space-rental-grand-central-floor-plans

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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
501 Fifth Ave
551 Fifth Ave
274 Madison Ave
315 Madison Ave
211 E 43rd St
420 Lexington Ave
275 Madison Ave
711 Third Ave
142 E 39th St
16 E 40th St
22 E 41st St
122 E 42nd St
4 E 43rd St
3 E 44th St
12 E 44th St
144 E 44th St
6 E 45th St
20 E 46th St
431 Fifth Ave
521 Fifth Ave
529 Fifth Ave
535 Fifth Ave
545 Fifth Ave
369 Lexington Ave
420 Lexington Avenue
280 Madison Ave
295 Madison Ave
250 Park Ave
737 Second Ave
600 Third Ave
750 Third Ave
10 E 40th St
104-110 E 40th St
148 E 40th St
60 E 42nd St
5 E 44th St
11 E 44th St
14 E 44th St
433 Fifth Ave
435 Fifth Ave
437 Fifth Ave
370 Lexington Ave
260 Madison Ave
285 Madison Ave
300 Madison Ave
330 Madison Ave
340 Madison Ave
350 Madison Ave
90 Park Ave
100 Park Ave
125 Park Ave
200 Park Ave
230 Park Ave
245 Park Ave
299 Park Avenue
345 Park Avenue
605 Third Ave
675 Third Ave
685 Third Ave
708 Third Ave
733 Third Ave
747 Third Ave

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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