420 Lexington Avenue

Once the largest office building in the world, the 30–story 420 Lexington Avenue is now one of the best performing buildings anywhere in Midtown.

Located above Grand Central Station at 420 Lexington Avenue, the 30-story Graybar Building is named for Graybar Electric – one of its original tenants – and was once the largest office building in the world. The timeless 1.3 million-square-foot tower dates from 1928, was originally designed by architects Sloan & Robertson, and remains a classic example of the art deco style. Typical office floors for lease at 420 Lexington Avenue are 48,000 square feet.

After acquiring the property in 1998, SL Green put 420 Lexington Avenue through an aggressive $84 million capital improvement program, boosting occupancy from 80 to nearly 97 percent thanks to an upgraded lobby, entrances, facade, retail storefronts, and tenant improvements. In 2011, SL Green’s efforts were recognized with an Energy Star award from EPA, scoring an impressive 87.

420 Lexington Avenue’s location above Grand Central Station makes it one of the most convenient office addresses in Manhattan. Indeed, with its vaulted pedestrian link to the terminal, in-building fitness facilities and restaurants, and classic design, 420 Lexington Avenue is destined to remain one of Midtown’s most desirable office addresses.

Address
420 Lexington Ave, New York, New York  
Submarket
Grand Central 
Certifications
Energy Star 
Stories
30 
Owner
SL Green 
Architect
Sloan & Robertson 
Year Built
1928 
Square Footage
1.3 million square feet 
Notes
Earned Energy Star in 2011 with score of 87; notable tenants include SL Green, Bank Leumi USA, Metro–North, and New York Life.