Chrysler Building Office Rental Guide 2023
Chrysler Building Office Rental Guide 2023
If you are considering a Chrysler Building Office Rental, important information follows. Completed in 1930, the Chrysler Building was NYC’s tallest at 1,046 feet (including its spire) for less than a year when it was surpassed by the Empire State Building. Constructed for the Chrysler Automotive Company, many of its design elements exemplify the machine age of the 1920s. It is an extraordinary example of Art Deco architecture.
Today, the Chrysler Building provides top-quality office space to discerning firms that appreciate its distinguished environment and modern infrastructure. It is Five-Star rated by Costar.
TOP 10 SECRETS OF THE CHRYSLER BUILDING IN NYC
Building Facts as a Glance:
• 1,292,002 SF Class A Office Building
• Located at 405 Lexington Avenue, N/E/C 42nd Street
• Direct access to Grand Central Station
• 24/7 access, concierge attended lobby and security
• 77 floors with 32 passenger elevators
• Central HVAC and operable windows
• Cleaning is included in the rent
• Multiple ISPs providing fiber connections
• LEED Certified Gold Existing Building (resource efficient)
• Chrysler Club- a new Tenant amenity center
• Owned by RFR whose NYC portfolio includes the Lever House and Seagram’s Building
• New York NY 10174
RENTING AN OFFICE AT THE CHRYSLER BUILDING
Asking rents at the Chrysler Building range from $85.00- $115.00 per rentable square foot depending on the view, elevation and build-out of your office.
PREBUILT OFFICE PROGRAM: Many businesses renting an office at the Chrysler Building utilize the Landlord’s popular prebuilt office program. These move-in ready spaces have excellent light, panoramic views and a high window-to-floor area ratio. Efficient layouts include high acoustical ceilings, elegant finishes and a pantry equipped with modern appliances.
Build-to-suit / Custom Build: The Landlord will build-to-suit / custom build your office. This includes architectural planning, construction and the installation of HVAC. This program requires a lease term of 7-10 years duration, and the Landlord will establish a cap on its per square foot expenditure.
Tenant Managed Construction: When a Tenant manages its own construction, the Landlord will provide your company with a Cash Contribution in combination with a Rent Abatement. This program requires a lease term of 7-10 years duration, and the Landlord will establish a cap on its per square foot expenditure.
THE CHRYSLER CLUB is now open!
Designed exclusively for tenants, the Chrysler Club—on the 27th floor amenity level—combines stylish work and leisure spaces with contemporary design. The full-floor club includes a boardroom, conferencing center, library and lounge, yoga and meditation room, open pantry with collaborative breakout seating, and a recreation area—all overlooking a landscaped outdoor terrace at the tower’s setback.
Short-Term Office Option
About Cogent Realty Advisors
You will save valuable time, energy and money by using Cogent Realty to negotiate your lease. Cogent Realty is an independent and licensed NO FEE Tenant Representation Broker with over 20 years of experience representing NYC businesses. Cogent maintains an extensive Building and Landlord database as well as current “closed deal” contract information. We will find you the right space at the right price. Phone: (212) 509-4049.
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