The Office Space Search Engine

Search 1000s of commercial spaces by size, location, and price.

228 Lexington Ave

Kips Bay, New York, NY
Floors
21
Total Size
310,860 sqft
Lot Size
0 acres
Year Constructed
1962
Year Renovated
0
Number of Buildings
1

About 228 Lexington Ave

Construction on this mid-century high-rise ended in 1962. The structure contains approximately 310,860 square feet that is divided amongst rentable office space and residential units and spread over 21 stories. Set in the heart of Murray Hill, New York, this property has an address of 228 Lexington Avenue.

With a fantastic corner location, tenants of 228 Lexington Avenue enjoy high exposure. Wrap-around signage above the first floor ensures that commercial tenants have plenty of advertisement space. There are separate entries for the units and to the residential portion to prevent confusion.

Windows fill each floor of 228 Lexington Avenue, and this gives the interior a bright and welcoming feel. Many of the windows on the upper floors are operable and feature air conditioning units for year-round comfort. A balcony stretches around the third-floor facade.

To access the over 260 residential apartments within 228 Lexington Avenue, there are multiple elevators to choose from. For tenant convenience, a parking garage is located onsite. Those that do not drive have quick access to public transportation, with many stations within a 10-minute walk.

Reflective windows and polished metal accents above the ground floor give this traditional brick building an up-to-date look. The design includes recessions and setbacks to give 228 Lexington Avenue an eye-catching appearance.

Internet Providers for 228 Lexington Ave

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
6 Mb/s
1.5 Mb/s

The Neighborhood: Kips Bay

The typical asking rate per listing is in the $60's per square foot per year. The Kips Bay region is seeing a a boost in rates. In the last 3 months, the median rate went up $62 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the New York City market, the Kips Bay submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
Kips Bay $62
/sqft/yr
3,710
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,370
sqft

Median Rate over Time in Kips Bay