Located in the heart of Manhattan, 485 Lexington Avenue is a prominent address that has been home to various notable businesses and organizations over the years. This 32-story skyscraper, completed in 1929, stands as a testament to the rich architectural heritage of New York City. As a member of the city’s iconic skyline, the building has witnessed the evolution of the city’s business landscape, from the roaring twenties to the present day.
The property, situated in the Midtown East neighborhood, benefits from its proximity to Grand Central Terminal, one of the world’s most famous transportation hubs. This strategic location allows for seamless connectivity to various parts of the city, making it an attractive spot for businesses seeking to establish a strong presence in the heart of Manhattan. The area is also surrounded by a plethora of dining, shopping, and entertainment options, catering to a diverse range of tastes and preferences.
One of the key advantages of 485 Lexington Avenue is its accessibility. With several subway lines and bus routes nearby, commuters can easily reach the building from virtually any point in the city. This convenience, coupled with the building’s stunning views of the Manhattan skyline, makes it an ideal location for companies looking to attract top talent and clients.
In terms of its architectural style, 485 Lexington Avenue is a prime example of the Art Deco movement, which was popular during the 1920s and 1930s. The building’s exterior is adorned with intricate stone carvings, metallic accents, and a distinctive setbacks design, which was a hallmark of the era’s skyscrapers. The lobby, with its opulent marble floors, elegant moldings, and ornate details, is a masterclass in vintage design, evoking the glamour and sophistication of a bygone era.
- Location: Assess the building's proximity to your target market, clients, and talent pool.
- Space configuration: Determine the optimal layout for your operations, taking into account factors such as natural light, views, and amenities.
- Amenities: Evaluate the building's amenities, including security, parking, and dining options, to ensure they align with your company's needs.
- Transportation: Consider the accessibility of the building, including nearby subway lines, bus routes, and airports.
- Community: Research the local business community and potential networking opportunities in the area.
The evolution of 485 Lexington Avenue is closely tied to the development of Midtown East as a major business hub. Over the years, the area has undergone significant transformations, with the construction of new skyscrapers, the redevelopment of existing buildings, and the introduction of innovative amenities. This ongoing revitalization has contributed to the area’s appeal, making it an attractive destination for businesses, residents, and visitors alike.
| Pros | Cons |
|---|---|
| Prime location in Midtown East | Potential for high rents and operating costs |
| Historic charm and architectural significance | Older infrastructure may require ongoing maintenance and upgrades |
| Access to top talent and clientele | High level of competition in the area |
To better understand the significance of 485 Lexington Avenue, it is essential to examine the historical context in which it was built. The late 1920s were a time of great economic growth and cultural transformation in the United States. The Roaring Twenties, as this period is often called, were marked by an explosion of artistic innovation, technological advancements, and social change. Against this backdrop, 485 Lexington Avenue was constructed as a symbol of modernity and progress, embodying the spirit of a city that was rapidly evolving into a global powerhouse.
What is the average rent for office space in 485 Lexington Avenue?
+The average rent for office space in 485 Lexington Avenue can vary depending on factors such as the size of the space, the location within the building, and the lease terms. However, according to recent market trends, the average rent for office space in the building ranges from $60 to $100 per square foot.
Is 485 Lexington Avenue a good location for startups?
+485 Lexington Avenue can be a good location for startups, depending on their specific needs and requirements. The building's proximity to Grand Central Terminal and the vibrant business community in Midtown East can provide access to top talent, networking opportunities, and a wide range of amenities. However, the high rents and operating costs in the area may be a challenge for early-stage startups with limited budgets.
What are the most popular amenities in 485 Lexington Avenue?
+The most popular amenities in 485 Lexington Avenue include a 24/7 fitness center, a rooftop lounge with stunning views of the city, and a state-of-the-art conference center. The building also features a convenient on-site parking garage, a upscale dining option, and a modern security system.
In conclusion, 485 Lexington Avenue is a unique and historic property that offers a prime location, stunning views, and a range of amenities that cater to the needs of modern businesses. While it presents several benefits, including its accessibility, architectural charm, and proximity to top talent, it also comes with potential drawbacks, such as high rents and operating costs. By understanding the building’s history, significance, and current market trends, businesses can make informed decisions about whether 485 Lexington Avenue is the right fit for their operations.
