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485 Lexington Avenue 9th Floor Office

  • Usage: Office
  • Type: Sublet
  • Floor: 9th Floor
  • Size: 29,698 SQFT
  • Price: Request Price
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    Contact us for current pricing.

    Most NYC landlord restrict us from listing the asking rental price.

    Many landlords are offering significant concessions, construction allowances, and free rent.

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  • Term: Negotiable
Occupying an entire floor in a premier Midtown East office tower, this prebuilt, fully furnished workspace delivers an efficient, high-capacity layout ideal for professional firms or enterprise tenants seeking immediate functionality. The plan accommodates approximately 160 workstations supported by 47 private perimeter offices, strategically arranged along the building’s window line to maximize natural light and create a bright, energized working environment. Each private office offers excellent proportions for executives or small teams, while the dual exposure to Lexington Avenue and East 47th Street ensures consistent daylight across both open areas. The result is a flexible environment that balances focus, collaboration, and comfort at scale.

Upon entry, visitors arrive through a professional reception area that opens directly into the first of two large open workspace zones. This southern section, positioned along East 46th Street, is designed with long benching configurations and modern task seating that allow for high-density yet spacious workstation arrangements. Nearby, several enclosed perimeter offices line the corridor, offering quiet, glass-fronted rooms suitable for leadership, team leads, or private meetings. The open plan leads naturally into a well-sized kitchen and dining area—equipped with ample counter space, modern appliances, and multiple seating options—making it ideal for staff breaks or informal gatherings. The adjacent lounge zone can easily double as a casual collaboration area, providing a softer contrast to the structured workstation environment.

At the core of the floor, the design prioritizes accessibility and movement, with a central corridor connecting both sides of the suite around the elevator bank. To the east, a second open workspace offers equal capacity, featuring modular desk layouts ideal for departments that require frequent interaction. Along the perimeter, another sequence of private offices continues, complemented by smaller enclosed rooms that function well as huddle spaces, phone booths, or breakout areas. A large boardroom anchors the far side of the plan, accommodating formal meetings and presentations in a polished, glass-wrapped setting.

Throughout, the space maintains a clean, contemporary aesthetic with a neutral palette of grays and wood tones, highlighted by crisp white ceilings and LED lighting. Carpeted floors soften acoustics, and the consistent use of glass partitions promotes visibility and a sense of openness. The windows on two full sides provide unobstructed skyline views and fill the interior with steady daylight, enhancing productivity and well-being.

Located in a Class A tower just steps from Grand Central Terminal, the suite offers unmatched access for commuters and clients alike. The building itself provides an array of amenities—24-hour security, staffed lobby, on-site dining, and property management—reinforcing its appeal as a high-performance, move-in-ready office environment. Ideal for financial services, law firms, technology, or consulting operations, the floor’s thoughtful mix of private rooms, collaborative zones, and premium finishes makes it an exceptional opportunity in one of Midtown’s most connected and prestigious business addresses.


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485 Lexington Avenue, New York, NY 10017
Building at 485 Lexington Ave

About the Building

Building Overview

485 Lexington Avenue is a modernized, institutional-quality office tower located in the Grand Central submarket, delivering direct access to one of the most transit-rich and tenant-dense corridors in Manhattan. Originally constructed in the mid-twentieth century and comprehensively repositioned by ownership, the building now operates as a Class A asset with infrastructure, amenities, and operational standards aligned to current tenant expectations.

Rising over thirty stories, the property encompasses a substantial square footage footprint with efficient, scalable floor plates designed to accommodate both single-floor tenants and multi-floor headquarters users. The building’s glass-heavy façade and corner positioning allow for strong natural light penetration across floors, while column spacing and core placement enable flexible planning for open work environments, perimeter offices, and conference room distribution.

The lobby and common areas have been upgraded to reflect a contemporary corporate identity, supporting tenants who require a polished, client-facing environment while still maintaining leasing flexibility compared to newer construction towers.



What Kind of Office Building Is 485 Lexington Avenue?


This is a Class A Midtown office building positioned just steps from Grand Central, competing directly with Lexington Avenue and Third Avenue corridor assets rather than Plaza District trophy towers.

Tenants here typically value:

  • Immediate access to Grand Central Terminal
  • Institutional ownership and building management
  • Efficient, scalable layouts for growing teams
  • A balance between image and cost control

The building attracts a wide mix of:

  • Financial services firms
  • Legal and consulting groups
  • Technology and data-driven companies
  • Healthcare and advisory firms




Floor Plates, Layout, and Efficiency


485 Lexington Avenue stands out for its highly usable floor plates.

Typical layouts allow for:

  • Open workstation areas positioned toward the center
  • Perimeter private offices with consistent window lines
  • Multiple conference rooms without compressing desk density
  • Clear separation between executive zones and team workspace

Because of the building’s structure and window exposure, tenants benefit from:

  • Strong natural light across multiple sides on upper floors
  • Logical planning grids that reduce inefficiencies
  • Flexibility to support both dense and hybrid office layouts

For tenants scaling from smaller offices or coworking, the building offers a clean transition into structured, long-term office design.



Location Advantage: Grand Central Access


The defining feature of 485 Lexington Avenue is its proximity to Grand Central Terminal.

This location delivers:

  • Direct access to the 4, 5, 6, 7, and Shuttle lines
  • Metro-North commuter rail access for Westchester and Connecticut employees
  • Walkability to Midtown East, Bryant Park, and the Plaza District

For companies with distributed teams or executive travel needs, this location significantly improves:

  • Employee commute times
  • Client accessibility
  • Overall operational efficiency




Pricing Positioning and Value


Compared to top-tier Plaza District towers, 485 Lexington Avenue typically offers:

  • More competitive rents per square foot
  • Greater leasing flexibility and negotiation potential
  • Ability to secure higher-quality buildouts within the same budget

This makes the building a strategic middle-ground option—delivering Class A quality without the full premium associated with Park Avenue trophy assets.



Leasing Strategy: Who Should Target This Building?


You should prioritize 485 Lexington Avenue if:

  • You require Grand Central access for your team
  • You want a Class A environment without paying top-tier Park Avenue pricing
  • You need scalable space from mid-size suites to full floors
  • You are building a long-term headquarters with operational efficiency in mind

You may consider alternatives if:

  • Your firm requires Plaza District prestige positioning
  • You want brand-new construction or ultra-luxury amenity packages
  • You are targeting boutique or boutique-style loft environments




People Also Ask — Direct Answers


Who owns 485 Lexington Avenue?


The building is owned and operated by SL Green Realty Corp., one of the largest institutional office landlords in Manhattan, known for managing high-quality Midtown assets.



Is 485 Lexington Avenue a Class A building?


Yes. It is considered a Class A office building, offering upgraded systems, modernized infrastructure, and a professional tenant environment.



How many floors and how large is the building?


The property rises approximately thirty-two stories and contains a substantial office footprint suitable for both single-floor and multi-floor tenants.



What makes this building different from other Midtown East offices?


Its immediate proximity to Grand Central Terminal, combined with institutional ownership and efficient floor plates, makes it one of the more practical Class A leasing options in the submarket.



What types of tenants lease space here?


A diverse mix including:

  • Financial firms
  • Law firms
  • Consulting groups
  • Technology companies

This creates a stable, professional tenant ecosystem.



Is this a good building for companies relocating to NYC?


Yes—especially for firms prioritizing:

  • Transit access
  • Ease of employee commute
  • Reliable building infrastructure
  • Balanced cost versus quality




Final Take


485 Lexington Avenue delivers exactly what many Midtown tenants actually need: location efficiency, institutional quality, and flexible economics. While it does not attempt to compete with ultra-premium Park Avenue towers, it consistently outperforms many peers in terms of usability, accessibility, and leasing value.

For tenants who understand how to leverage Midtown East dynamics, this building represents a high-functioning, strategically positioned headquarters option in one of New York City’s most connected business districts.


Tenants

Advance Magazine Citibank, NA Travelers Indemnity


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