25 West 45th Street — Sale in New York, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: New York, NY 10036
- Year built: 1913
Photos
Description
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer for sale the fee simple interest in 25 West 45th Street (the “Property”), a 17-story, 190,380 rsf office tower located in Midtown Manhattan’s top performing Grand Central submarket. Currently 52% leased with just over two years of remaining term, the Property offers investors a compelling repositioning opportunity supported by significant lease-up potential and durable retail cash flow. Flexible zoning and short WALT further provides the optionality to convert the existing structure to residential use. 25 West 45th Street’s highly accessible Midtown location between Fifth and Sixth Avenues positions a new owner to capitalize on the city’s strongest office market fundamentals. As tenant demand congregates around transit, the Property is ideally positioned to benefit from increased velocity and upward pressure on rents. All inquiries should be directed to JLL.
Market Context
This office in New York, NY is listed for sale. The building dates to 1913. Compare it against other office listings for sale in New York, NY — view the full market.
As of Q1 2026, the New York City Area office market showed average asking rents near $45.36/SF/yr. Source: CBRE Q1 2026 market report.
Estimated Price per SF
$168.39/SF – $1,225/SF
Mid: $510.26/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Jonathan Hageman · 2128125995 · jonathan.hageman@jll.com
- Drew Isaacson · 2128126419 · drew.isaacson@jll.com
- Jennifer Zelko · 2128126552 · jennifer.zelko@jll.com
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