Grand Central Terminal

89 East 42nd Street, New York, NY 10017

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Indoor Center
  • Property Size 350,000 SF
  • Lot Size 3.08 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1913
  • Date Updated Jun 26, 2026

Description

Grand Central Terminal is a 350,000-square-foot indoor retail center situated on a 3.08-acre lot in the heart of Central Midtown, New York. Originally built in 1913, this iconic property offers unparalleled retail opportunities in one of the most visited and historic landmarks in the city. Tenancy details are not specified, but the expansive property provides ample space for a diverse mix of businesses looking to establish themselves in a high-traffic location.

The surrounding area boasts exceptional accessibility, with a Walk Score of 99 out of 100, indicating that most destinations are easily reachable on foot. Public transportation is world-class, earning a Transit Score of 100 out of 100, making it ideal for businesses relying on customer foot traffic and employee commutes. Several Grand Central entrances are within approximately 0.1 miles, while subway stations like 5th Avenue, Times Square, and 33rd Street are all within 1 mile. Nearby parking facilities include intlFcstone LOCi Multi at 0.16 miles and Quik Park Garage at 0.19 miles, providing options for visitors traveling by car.

9 Spaces Available

#B-54

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

4,036 SF

Divisible Space

4,036 - 4,036 SF

Available Date

Immediate

Lease Term

From 5 To 10 Years

Renewal Option

Yes

Sublease

No

• 4,036 sf of retail on 42nd Street

• Approx. 115’ of wraparound frontage

• Storage space and restrooms within

• Long term tenancy available

Mezzanine 769 SF
Lower Level Storage 353 SF

#MC-28

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

341 SF

Divisible Space

341 - 341 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

#MC-29

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

958 SF

Divisible Space

958 - 958 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

#MC-5

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

486 SF

Divisible Space

486 - 486 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

#MC-60

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

450 SF

Divisible Space

450 - 450 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 89 East 42nd Street, New York, NY 10017, this property is part of the Central Midtown neighborhood and Manhattan market.

Contact Grand Central Terminal
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