122 E 42nd St – Chanin Building, New York, NY, Class B Office Building

122 E 42nd St – Chanin Building, New York, NY, 10168

Cross Street: Lexington Avenue

56 Story Class B Office Building, Multiple Floors Available

The Chanin Building, located at 122 East 42nd Street, is an iconic 54-story office tower nestled in Manhattan’s bustling Grand Central district.

Standing proudly at the intersection of 42nd Street and Lexington Avenue, this historic landmark showcases classic Art Deco architecture and provides an exceptional professional setting in one of New York City’s most strategic locations.

Inside, tenants are welcomed by an elegant lobby adorned with luxurious finishes, detailed stonework, and a suite of 21 high-speed elevators for seamless transit. A range of premium, pre-built office suites is available, with layouts extending up to 8,373 square feet.

These modern spaces are thoughtfully designed, with glass walls and abundant natural light that create a bright and inspiring work environment. For tenants seeking custom configurations, the landlord offers demo and new building installations (NBI) for qualifying lease terms.

The Chanin Building is equipped with an array of amenities, including full-height wood doors, contemporary 2×4 light fixtures, dedicated conference rooms, open floor plans, employee pantries, and private windowed offices.

In addition to the office suites, the building features ground-floor retail spaces and provides direct access to Grand Central Terminal and the Grand Central–42nd Street subway station. Nearby, tenants can explore a variety of dining and retail options, along with celebrated landmarks such as the Chrysler Building, all just steps from the property.

Grand Central Station office space average price for rent: Class B $50-70 per SF.

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Property Details

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• Some space are fully built out with furniture
• Some space just open floors
• Total floors: 56
• Total Building Size: 862,071 SF
• Typical Floor Size: 15,394 SF
• Multiple spaces are available on different floors
• Sizes from 3,305 SF – 8,137 SF up to 159,454 SF
• This building’s approximate rent prices range from $55.00 – 63.00
• Floors from: 3rd to 44th
• Designed by Sloan & Robertson
• Year Built: 1928

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Building Amenities

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• 24 Hour Access
• Air Conditioning
• Bus Line
• Central Heating
• Commuter Rail
• Concierge
• Conferencing Facility
• Controlled Access
• Fully Carpeted
• High Ceilings
• Kitchen
• Metro/Subway
• Natural Light
• Plug & Play
• Property Manager on Site
• Reception
• Reception
• Wi-Fi

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Notable tenants at this location

• International Rescue Committee
• Cogency Global
• Apple Bank
• Ariel Property Advisors
• Stern Tannenbaum & Bell LLP
• Women’s World Banking
• Forest Hills Financial Group
• Smiley & Smiley, LLP
• Ferguson Partners
• Council For Economic Education
• I. Neuman & Sons Incorporated
• Friedman, Levy, Goldfarb & Weiner, P.C.,
• Juice Generation
• Ameriprise Financial Services Inc
• Arthritis Foundation
• JAJAN & Associates
• Grand Central Offices
• Cauldwell Wingate
• Winston Resources, LLC
• Foa & Son
• The NHP Foundation
• NAM (National Arbitration and Mediation)
• Grand Central Partnership

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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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