Grand Central, Third Ave, Pre-Built Office Space For Lease 12,800 SF

Grand Central, Third Ave, Pre-Built Office Space For Lease 12,800 SF

Grand Central, Third Ave, Pre-Built Office Space For Lease 12,800 SF

• New pre-build, exposed ceilings
• Concrete floors, terrace opportunity
• New corridor and bathrooms
• Fits 70 – 85 People

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Property Overview

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Located in the heart of Midtown East, Third Avenue enjoys a prime position just one block from Grand Central Terminal, offering exceptional accessibility for tenants and visitors alike.

Originally completed in 1956 and designed by renowned architect William Lescaze, the building stands as a distinguished example of mid-century modern architecture. Its most celebrated artistic feature is an original mosaic installation by pioneering Abstract Expressionist Hans Hofmann, creating a unique connection between art and architecture rarely found in commercial office buildings.

In 2010, the property underwent a comprehensive modernization program that elevated it to contemporary Class A office standards. The redesigned lobby features refined gallery-inspired interiors finished with Greek Thassos white marble and grey-blue de Savoie marble, complemented by upgraded elevators, modernized corridors, new windows, and renovated restrooms throughout the building.

The property also offers a three-level parking facility accommodating 165 vehicles. Recognized for its environmental performance, the building has earned the ENERGY STAR designation, highlighting its operational efficiency among office properties nationwide.

Third Avenue represents one of William Lescaze’s notable contributions to American Modernism. Widely recognized as a pioneer of the International Style, Lescaze helped shape the architectural landscape of the 20th century through a portfolio of landmark projects that transformed urban skylines across the United States.

Developed by visionary real estate entrepreneur William Kaufman, the tower was among the first major postwar office developments on Third Avenue, helping redefine the corridor as a premier business destination. Constructed ahead of the removal of the historic Third Avenue elevated railway, the project reflected Kaufman’s early confidence in the area’s future growth and transformation.

Architecturally, the building is distinguished by its sculptural composition, featuring a dynamic base articulated with ribbon windows and masonry detailing, while the upper floors step back gracefully and are clad in elegant charcoal-gray brick. Hofmann’s vibrant mosaic artwork remains a defining centerpiece of the property, enlivening the elevator lobby with bold colors and geometric forms that continue to captivate visitors decades after its installation.

Carefully restored and repositioned, Third Avenue today combines architectural heritage, modern infrastructure, and a premier Midtown location, reaffirming its status as one of Third Avenue’s most distinguished office towers.

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Transportation in Grand Central Station

In this region, Grand Central Terminal is a primary transportation hub. It serves Metro-North trains and the East Side 4, 5, and 6 local and express subway lines. Grand Central acts as a central core for transit in Midtown Manhattan, offering rail, subway, bus, taxi, and airport service all within steps of the Main Concourse. Grand Central Terminal main entrance is 89 E. 42nd Street (at Park Avenue), New York, NY 10017. It is accessible via the 4, 5, 6, 7, and S subway lines, the M101, M102, M103, M1, M2, M3, M4, Q32, and M42 buses and the Hudson, Harlem, and New Haven lines on Metro-North.

Grand Central–42nd Street

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