Neighborhood Guide: Grand Central
GRAND CENTRAL: Grand Central Terminal area is the core retail and commercial neighborhood of Manhattan. It contains the city’s highest concentration of business and money. Bryant Park abuts the imposing New York Public Library main branch at 42nd Street, while to the east is the magnificent Beaux Arts Grand Central Terminal. Le Corbusier’s landmark UN Headquarters is located on the East River and many famed skyscrapers like the art deco Chrysler Building are found here. The Grand Central neighborhood is home to a multitude of businesses, including financial institutions, advertising firms, law firms, real estate companies and accounting firms, just to name a few. No doubt the area’s easy accessibility to public transportation makes this location a prime spot for all businesses.
Types of Businesses: Computer Software & Services, B2B, Business Management, Law Firms, Software Companies, Advertising Firms
Where to Eat Lunch: Bite, Xi’an Famous Foods, Shake Shack, Five Guys, Hale and Hearty, The Shakespeare
After Work/Happy Hour: The Ginger Man, Stout NYC, Peter Dillon’s Pub, Mulligan’s Pub, Annie Moore’s
Retail/Shops: Banana Republic, LOFT, J.Crew, Express, Urban Outfitters, Dressbarn, GUESS, Jos. A. Bank
Market: Average prices range from $58-$74 PSF, with most deals being done at about $65 PSF. Some bargains can still be found on side streets in the high $40 PSF. Prices are high in the Grand Central area due to unparalleled access to public transportation.
Grand Central Office Listings
The following are just a small sample of what the New York City commercial market has to offer.
Please contact us, and we’ll help you find the perfect space for your company.
Prices are available upon request.*
Grand Central Retail Listings
*This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Getting Around
Subway Lines
Transportation: Grand Central Terminal’s 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 the M101, M102, M103, M1, M2, M3, M4, Q32 and M42 buses, and the Hudson, Harlem, and New Haven lines on Metro North.
