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525 Lexington Ave
New York, NY 10017
FOUND Study Turtle Bay – Student/Intern · Retail Property For Lease
HIGHLIGHTS
- Over 40 million Square Feet of Office Space, with over 500,000 daily employees in the area.
- Surrounded by over 62 Hotels and over 18,700 Hotel Rooms in the area.
- High visibility in Midtown East’s dense commercial core
- Steps from Grand Central Terminal, serving over 21 million visitors and 44 million commuters annually.
- Premier corner location with over 180 feet of combined frontage
- Steps from Grand Central Terminal, a major transit hub
PROPERTY FACTS
| Total Space Available | 14,304 SF | Apartment Style | Hi-Rise |
| No. Units | 200 | Building Size | 406,261 SF |
| Property Type | Multifamily | Year Built/Renovated | 1923/2022 |
| Property Subtype | Apartment |
| Total Space Available | 14,304 SF |
| No. Units | 200 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Size | 406,261 SF |
| Year Built/Renovated | 1923/2022 |
ABOUT THE PROPERTY
Located at one of Midtown Manhattan’s most prominent intersections, the retail building at the southeast corner of East 49th Street and Lexington Avenue offers a commanding presence in a district defined by density, connectivity, and prestige. With over 180 feet of combined frontage—50+ feet on Lexington Avenue and 130 feet on East 49th Street—this corner site delivers unmatched visibility in a high-volume pedestrian corridor. The property sits in the heart of Midtown East, surrounded by over 40 million square feet of office space and a daily workforce exceeding 500,000 professionals. Just steps from Grand Central Terminal, which serves more than 44 million commuters and 21 million visitors annually, the location benefits from continuous foot traffic and seamless transit access. Hospitality anchors in the immediate vicinity include the Hyatt, Roosevelt Hotel, Roger Smith Hotel, Hotel 48LEX, and Wyndham Midtown 45, contributing to a robust daytime and overnight population. Retail neighbors such as Starbucks, Godiva, Bliss Spa, and Dos Caminos reinforce the area’s appeal to both office workers and tourists. This address offers a rare opportunity for retailers seeking a flagship presence in one of New York City’s most dynamic commercial corridors. Its proximity to the Chrysler Building and Grand Central, combined with long-term lease availability and immediate possession, makes it ideal for brands looking to capitalize on Midtown’s energy and prestige.
