Monday May 20, 2024

405 Lexington Avenue | Chrysler Building

405 Lexington Avenue | Chrysler Building is known the world over as the Chrysler Property which stands between 42nd & 43rd streets (N/E/C of 42nd Street) along both 3rd avenue and Lexington, directly across the street from Grand Central Station. The building contains numerous office units for lease and commonly features available space throughout the year. Moreover office space for rent in the Chrysler Building comes at a premium as one of the most recognizable office properties in the world.

Today’s market has driven up prices on average within Grand Central to $65 PSF.

Local Office Listings

1703 SQ. FT   Iconic tower Park Avenue Office
2094 SQ. FT   Lexington Avenue Office Space Rental
2341 SQ. FT   42nd Street Office Space Rental
2405 SQ. FT   Furnished Lexington Avenue Office Space
3262 SQ. FT   Pre-built Lexington Avenue Office
3547 SQ. FT   Chrysler Building Office Space
3650 SQ. FT   East 42nd Street Direct Lease Office Space
4731 SQ. FT   Grand Central Furnished Office Space
8285 SQ. FT   Lexington Avenue Turnkey Furnished Office
11335 SQ. FT Graybar Building Office Space
12826 SQ. FT Grand Central Double Corner Unit
13157 SQ. FT Fifth Avenue Office Sublet Rental

As with many commercial buildings in Manhattan the landlord offers both pre-built suites and the ability for you to custom built your space as well. Those offices that are already pre-built do feature efficient layouts that make the most out of each floor plate. Additionally the spaces found within its upper floors boast spectacular views of Manhattan. For demo-space the unit comes demolished and is built to your specifications and design.

For more information on 405 Lexington Avenue, contact a New York Office Space broker today.

What this Office Building can Offer You:

  • Midtown Manhattan Central Presence
  • Pre-Built & Raw Commercial Space (Offices)
  • Higher Floor Plates offer sweeping views of Manhattan

Floors: 77 Stories
Property Type:
Location: Midtown / Zip Code
Total Building Size: 1,195,000 – 2,062,772 SF.
Lot Size: SF.
Year Built: 1930
Architect: William Van Allen
Building Class: A
Price: Buildings of this quality standard in the area average between $65 to $90 PSF.

Building Features:
• National Landmark Property
• Direct access to Grand Central Station
• LEED Certified Gold Existing Building (resource efficient)

Property Details
Originally designed for William P. Chrysler this 1,046 feet tall structure once stood briefly as the tallest building in the world. Today the 405 Lexington Avenue | Chrysler Building is renowned for its silvery stainless steel crown at its top – a true Art Deco gem of architecture as this office building stands as the epitome of the classic New York skyscraper. In recent time the Landmark property has undergone a number of renovations and capital improvements ranging from the common areas like the lobby and elevators to some of the wiring – allowing for more broadband options within.

If image is of focus then upon entry at ground level, the grand lobby has been redone including restoration of the ceiling mural and a redesign of the interior and exterior lighting.

The Chrysler Building’s location is near the Turtle Bay area of Manhattan and is central to all major forms of transportation mainly found at the Grand Central Terminal. This location  offers unparalleled transit options all of which is further benefitted by well-laid infrastructure that still makes this building property a  top contender for big businesses in need of office space for rent.

As for the neighboring industry, you have proximity to some of the most successful and well establish financial firms as well as hedge funds, though media and advertising do have a strong presence today.

The Chrysler Building Center is approximately 35 minutes from any of the major airports: LaGuardia, Kennedy and Newark Airport.

Impressive tenant roster includes:

There are about numerous tenants who do and have called 405 Lexington home…

Companies at this Location

  • Samyang Corporation, 2023 Renewal
  • New Holland Capital, 2023 Renewal
  • Creative Artists Agency, 2023 Renewal
  • Amster, Rothstein & Ebenstein, 2022 New Lease
  • Arena Investors, 2022 Renewal
  • Deerpath Capital Management, 2021 Renewal
  • Saba Capital, 2021 Renewal
  • North Peak Capital, 2021 New Lease
  • Hightower, 2021 New Lease
  • Villanova, 2021 New Lease
  • New Holland Capital, 2020 Renewal
  • PBM, 2020 New Lease
  • Diversified Search, 2020 New Lease
  • Banque de France, 2020 New Lease
  • Arena Capital Partners, 2019 Extension
  • Irene & Kenn Kakosian, 2019 Renewal
  • Northstar Group, 2019 Renewal
  • Clune Construction Company, 2019 Renewal
  • Sapphire, 2019 Renewal
  • EMTA, 2019 Renewal
  • Ranger Global Real Estate Advisors, 2019 New Lease
  • Moses & Singer, 2018 Renewal
  • Moses & Singer, 2018 Renewal
  • Moses & Singer, 2018 Renewal
  • Moses & Singer, 2018 Renewal
  • Spaces, 2018 New Lease
  • Spaces, 2018 —
  • Creative Artists Agency, 2018 Expansion
  • Moses & Singer, 2018 Renewal/Expansion
  • E*Trade, 2016 —
  • Creative Artists Agency, 2016 New Lease
  • Clune Corporation, 2016 New Lease
  • Carlton Fields, 2015 Expansion
  • The Trustees of Columbia Univ. in the City of NY, 2014 —
  • European-American Business Organization, 2014 Renewal
  • CAA, 2014 Expansion
  • Creative Artists Agency, 2012 New Lease
  • Clyde & Company, 2010 Expansion

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405 Lexington Avenue - The Chrysler Building
Near By Transportation

IRT Lexington Avenue; Located at 42nd Street Grand Central Terminal.

Subway Lines: 4, 5, 6, 7, and the S

Notable Buildings in the Area
  • 60 East 42nd Street, New York (One Grand Central Place)
  • 500 5th Avenue, New York (500 Fifth Avenue)
  • 122 East 42nd Street, New York (Chanin Building)
  • 230 Park Avenue, New York (Helmsley Building)
  • 40 West 40th Street (The American Radiator Building)
  • 122 East 42nd Street (The Chanin Building)
  • 420 Lexington Avenue (The Graybar Building)
  • 30 Rockefeller Plaza (The Comcast Building)
Alternate Addresses

666 Third Avenue (Chrysler East Building)
– Formerly the Kent Building
145–155 East 42nd Street (Chrysler Trylons)

Zip Code
10017-5508 / 10174 / 14867