437 Lexington Avenue

437 Lexington Avenue has about 97,000 square feet of floor area in total, including 92,000 square feet of office, 6,000 square feet of retail and 0 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1925 as the year built, with a major alteration recorded in 2010. The building is 18 floors tall.

City records list 135 East 44th Street and 437-445 Lexington Avenue on the same tax lot (BBL 1012990022) as 437 Lexington Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

437 Lexington Avenue is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 437 Lexington Avenue, New York, NY 10017, in Grand Central.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.89 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 437 Lexington Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 600 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 7 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 8 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 441 LEX AVE CO as the owner of record of 437 Lexington Avenue (BBL 1012990022). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

437 Lexington Avenue reported an ENERGY STAR score of 60 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 60 earns a C. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 86.4 kBtu per square foot, 12% below the national median of 98.6 for a similar property. Its greenhouse gas emissions were about 752 metric tons of CO2e (7.2 kg per square foot).

In the 12 months to September 2026, the Department of Buildings issued first permits for 5 jobs at 437 Lexington Avenue. A sidewalk shed permit here is active until October 27, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012990022. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $12.3 million for 437 Lexington Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.33 million a year, roughly $13.73 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012990022 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 437 Lexington Avenue at $27.8 million ($12.4 million of it land) and its assessed value at $12.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($25.9 million) to 2026/27.

Owners registered 2 storefronts at 437 Lexington Avenue for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 437 Lexington Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.