420 Lexington Avenue, New York, NY

The Graybar Building

Located on Lexington Avenue at 43rd Street directly above Grand Central Terminal, 420 Lexington Avenue offers superior, Class-A office space in the heart of Manhattan, making it one of New York City’s most sought-after addresses. The 31-story, 1.5 million-square-foot tower, also known as the Graybar Building, was originally constructed in 1927 by the architectural firm Sloan & Robertson. It is a stellar example of Art Deco style and was once among the largest office buildings in the world. Today, its large floor plates and 32-passenger elevator cabs facilitate seamless movement throughout the building for tenants of all sizes. Tenants also enjoy the convenience and luxury of an on-site Equinox fitness club and direct access to Grand Central Terminal.

Completed in 1927 as one of the last structures of “Terminal City,” the master plan for the area surrounding Grand Central Terminal, 420 Lexington is a defining piece of architecture. A mélange of Babylonian and Byzantine motifs, the building’s severely cubist setback massing is enlivened by relief sculptures, tile and metalwork, including figures that flank the monumental entries bearing the symbols of the four elements of earth, water, air and fire. Interiors include elaborately polychromed ceilings and ornamental bronze grills, doors and fixtures as well as wall and floor mosaics. A fanciful touch is the metal rats that adorn the ship cable-like struts of the main entrance, a detailed architect John Sloane intended to strike a “maritime note” in keeping with Grand Central’s significance as a transportation hub.

The building seamlessly merges into Grand Central Terminal via the Graybar Passage, a beautifully proportioned Romanesque hall of vaulted ceilings and bronze chandeliers that connects Lexington Avenue with the Terminals’ luminous Great Hall. A central nave is adorned with a large mural by the artist Edward Trumbull, also responsible for the murals that adorn the lobby of the adjacent Chrysler Building. Six Metro-North train platforms lead off from the Graybar Passage, making the building integral to commuting in the city. 

420 Lexington was originally named after a major early tenant, the Graybar Electric Company, a communications and telephone firm who listed the building as their corporate headquarters from 1927 to 1982. SL Green acquired a long-term operating lease on the building in 1988 and initiated a major restoration of the structure by the architectural firm of Beyer Blinder Belle, which included construction of a new entrance canopy and storefronts. A superb realization of aesthetics, technology, modern amenities, services and systems, joined to one of the greatest locations in New York City, the Graybar Building was made an official NYC Landmark in 2016. 

Building Features

Direct access to Grand Central Terminal

Tenant-controlled HVAC

Operable windows

Equinox fitness club in building

ENERGY STAR rated

Wired Certified Platinum

BOMA 360 award winner

LEED GOLD- certified

BOMA Pinnacle Awards

Historical Building

Major Tenants

New York Life Insurance

Metro-North Commuter Railroad Co.

SL Green Realty Corp.

Wolfe Research

Equinox (retail)

Available Units

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928
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24
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2532
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20
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2059-60
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1,533
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3
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312-13
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1,688
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20
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2031
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1,823
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23
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2308-09
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1,878
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October 2019
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6
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601
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1,957
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3
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340
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2,024
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26
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2626
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Office
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2,388
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January 2020
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4
Suite:
402
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Office
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2,797
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25
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2516-18
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2,839
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16
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1617-20
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Office
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3,262
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Arranged
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25
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2515
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Office
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Square Feet
3,278
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Arranged
Floor:
28
Suite:
2811-14
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Office
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3,696
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26
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2650-51
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Square Feet
3,713
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28
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2800-02
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Office
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Square Feet
3,760
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Floor:
21
Suite:
2100
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Office
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Pre-built unit with stone reception floor, glass fronts, designer pantry with stainless steel finishes
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3,802
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Floor:
8
Suite:
845
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Office
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Pre-built unit with stone reception floor, glass fronts, designer pantry with stainless steel finishes
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Square Feet
3,913
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Arranged
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20
Suite:
2048
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Office
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Square Feet
4,270
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Floor:
20
Suite:
2001
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Office
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Modified pre-build
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Square Feet
4,372
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Immediate
Floor:
28
Suite:
2821-27
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Office
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Square Feet
4,894
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Immediate
Floor:
17
Suite:
1703-07
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Office
Comments:
Pending creative pre-built with exposed ceiling, polished concrete floors and private terrace
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Square Feet
5,102
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Immediate
Floor:
4
Suite:
438-41
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Office
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Pre-built unit
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Square Feet
6,492
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Occupancy:
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Floor:
8
Suite:
805
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Office
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Move-in condition
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Square Feet
7,507
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Direct
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Immediate
Floor:
25
Suite:
2510
Retail/Office:
Office
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Pre-built unit with stone reception floor, glass fronts, designer pantry with stainless steel finishes
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Slg pdf
Video:
 
Square Feet
8,285
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Direct
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Occupancy:
Immediate
Floor:
18
Suite:
1820-25
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Office
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Move-in condition
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Slg pdf
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Square Feet
8,570
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Direct
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Occupancy:
Immediate
Floor:
20
Suite:
2007-13
Retail/Office:
Office
Comments:
Move-in condition
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Slg pdf
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Square Feet
9,875
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Term
5-10 years
Direct/Sublet
Direct
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Occupancy:
Arranged
Floor:
17
Suite:
1718
Retail/Office:
Office
Comments:
Existing Conditions, private terrace
Floor Plan:
 
Video:
 
Square Feet
11,624
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Upon Request
Term
5-10 years
Direct/Sublet
Direct
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Occupancy:
Immediate
Floor:
20
Suite:
2024
Retail/Office:
Office
Comments:
Modified pre-build
Floor Plan:
Slg pdf
Video:
 
Square Feet
13,762
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Upon Request
Term
5-10 years
Direct/Sublet
Direct
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Occupancy:
Immediate
Floor:
24
Suite:
2429
Retail/Office:
Office
Comments:
Whitebox pending, build-to-suit opportunity
Floor Plan:
Slg pdf
Video:
 

Contact Information

Leasing Agents

Leah Kessner
Leasing Associate
SL Green Realty Corp.
(212) 216-1741
Paul Milunec
Vice President
SL Green Realty Corp.
(212) 216-1748
David M. Kaufman
Senior Vice President
SL Green Realty Corp.
(212) 356-4104
Emily Musilli (retail only)
Associate
SL Green Realty Corp.
(212) 356-4197

Property Management

Kevin Reade
VP, Portfolio Manager
SL Green Realty Corp.
(212) 216-1663
Paul Palagian
Property Manager
SL Green Realty Corp.
(212) 883-2080
Marilouise Ruggiero
Property Manager
SL Green Realty Corp.
(212) 883-2080

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