Cogent Realty Advisors Releases Guide to Top Mid-Size Office Space Near Grand Central Terminal NYC

Cogent Realty Advisors has released a new guide highlighting the best mid-size office spaces near Grand Central Terminal. With unmatched transportation access, premium amenities, and flexible leasing options, this report helps businesses find prime office locations in one of Manhattan’s top commercial districts.

New York, NY, United States, February 28, 2025 — Cogent Realty Advisors has unveiled its latest guide showcasing the best mid-size office spaces available near Grand Central Terminal, one of New York City’s most sought-after office markets. With its unparalleled transportation access, world-class amenities, and diverse office space options, the Grand Central area remains the preferred choice for businesses looking to establish a presence in Manhattan.

Get The Guide Here https://rentnyoffice.com/top-mid-size-office-spaces-near-grand-central-terminal/

Grand Central Terminal serves as a critical transit hub, accommodating over 750,000 commuters daily via subways, buses, Metro-North, and the Long Island Railroad. This accessibility makes it a prime location for businesses seeking convenience for employees and clients alike. The neighborhood also boasts an impressive array of dining, shopping, entertainment, and wellness options, providing an all-encompassing work environment that supports productivity and employee satisfaction.

The Grand Central office market is one of the largest in New York City, with 111 office buildings comprising nearly 50 million square feet of commercial space. The average asking rent currently stands at $55.89 per square foot, with a vacancy rate of 16.0 percent, presenting a wealth of opportunities for companies seeking new office locations.

Among the featured office buildings in Cogent Realty’s latest guide are premier addresses such as 420 Lexington Avenue, 295 Madison Avenue, 370 Lexington Avenue, and One Grand Central Place. Each property offers modern amenities, flexible leasing options, and proximity to Grand Central Terminal, ensuring tenants benefit from both efficiency and accessibility.

420 Lexington Avenue provides direct access to Grand Central Terminal and features a newly established tenant amenity center, “Graybar 19.” Available office spaces range from 1,776 to 9,581 rentable square feet, with options for furnished layouts. Similarly, 295 Madison Avenue is a short three-minute walk from Grand Central, offering tenants access to a complimentary conference center, a newly renovated lobby, and on-site management. Office spaces from 1,014 to 3,900 rentable square feet are available, with rental rates starting at $62 per square foot.

370 Lexington Avenue, located just one block from Grand Central, offers tenants 24/7 access, a concierge-attended lobby, and a free conference center. This historic building features office spaces ranging from 1,534 to 2,700 rentable square feet, with rental prices beginning at $57 per square foot. One Grand Central Place is another standout property, boasting direct concourse access to Grand Central Terminal, in-building dining options, and a newly built tenant conference center. Office spaces start at 2,241 rentable square feet, with pricing available upon request.

Cogent Realty Advisors, a licensed New York State commercial real estate brokerage firm established in 2002, specializes in representing tenants seeking office space. Unlike traditional brokers, Cogent works exclusively for tenants, ensuring they secure the best possible terms without any associated fees. Through its market expertise and strategic negotiation, Cogent helps businesses find optimal office solutions that align with their operational needs and financial objectives.

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