305 East 47th Street

Grand Central Station

New York, NY 10017

  • inquire for pricing

Building Details

  • Walk Score®100
  • Noise Index0.47

Turtle Bay is home to 305 East 47th Street, an exquisite commercial space offering a red brick exterior, massive windows, and a tree-lined sidewalk. The building was constructed in 1928 and stands 12 stories tall.
Turtle Bay is known for beautiful architecture and views of the East River. The area is not defined by any tourist attractions, but that is part of the appeal. 305 East 47th Street is just blocks away from Greek seafood at Arva Esiatorio, a warm treat at Ess-a-Bagel, and the Smith & Wollensky steakhouse – Warren Buffetts favorite in New York. Third Ave and Lexington have stations that are quite close, making transportation easy. After work, the nightlife in Turtle Bay leaves little to be desired.

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  • Sample Units

    Small2,500 sqftInquire for pricing
    Medium5,000 sqftInquire for pricing
    Large10,000 sqftInquire for pricing
    Whole Floor20,000 sqftInquire for pricing
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    • 0.44 mi☕️Pret a Manger
    • 0.44 mi☕️Starbucks Coffee
    • 0.44 mi🥘Salvation Taco
    • 0.45 mi🚗Icon Parking


    Grand Central Station

    Grand Central Station is an iconic transit center in the heart of Midtown, and one of the most recognizable and and visited sites in the world, known for its dazzling Grand Concourse ceiling, famous Information Booth Clock, and the Tiffany Clock above its entrance. Officially named Grand Central Terminal, locals prefer Grand Central Station or just Grand Central. The main entrance is at at the intersection of East 42nd Street and Park Avenue.

    The incredible ease of commuting from around the city and northern suburbs along with the terminal’s location in the heart of Midtown make the area surrounding Grand Central ideal for businesses of all shapes, sizes, and industries.

    SquareFoot's NYC Market Report

    Grand Central Office Space | Lease Data & Trends

    Depending on how far the area around Grand Central Station is stretched, average prices and inventory for commercial real estate will vary. This discrepancy stems from whether you consider Grand Central office space part of the Midtown East or Plaza District submarket. Based on our delineation of neighborhoods, there is more than 70 million square feet of Grand Central office space inventory, with an additional 2.6 million square feet in construction. Needless to say, office space in proximity to Grand Central Station is in abundance, and nearly 11% of spaces are vacant.

    Nearby Class A office space leases for around $73 per square foot. Grand Central office space in Class B buildings rent for closer to $60 per square foot.

    If you’re looking for premium office space a short walk west from Grand Central Station and Bryant Park, SquareFoot is currently touring nearly a dozen exclusive listings at 530 Seventh Avenue, between 38th and 39th streets. The Class A property offers flexible lease terms, 24/7 secure building access, 22-foot ceilings, and the communal feel of a coworking space with the privacy and professional look of a traditional office lease.


    What Our Brokers Say About Grand Central Office Space for Lease

    Nearly every business imaginable can be found within walking distance of Grand Central Station. The area is home to plenty of banks, financial advisors, public relations firms, advertising agencies, entertainment agencies, software companies, law firms, and real estate agencies. Two of Midtown’s most iconic buildings, the Chrysler Building and MetLife Building, are steps away from the station. Notable tenants in the area include JP Morgan, PricewaterhouseCoopers, Oracle Inc, Pfizer, New York Life Insurance, WPP Group, Salesforce, Merrill Lynch, and YES Network.

    With the United Nations Headquarters less than a mile away from Grand Central, many foreign consulates, embassies, and international non-profits are clustered between the two. Companies with international and global connections, particularly law firms, will find themselves in good company near Grand Central Station.

    photo of grand central station in new york city


    Getting to, From, and Around Grand Central Station

    Multiple subways (4, 5, 6, 7, and S ) and bus lines (M101, M102, M103, M1, M2, M3, M4, Q32, and M42 ) stop at Grand Central Station for commuters in the city. Grand Central is also the terminus of Metro-North Railroad, a commuter rail that extends into the northern suburbs of New York and Connecticut.

    Drivers can take FDR Drive along the East River or the Queens-Midtown Tunnel from Long Island, which exits into Manhattan just over half a mile from Grand Central Station. As with all of NYC, we don’t recommend driving unless absolutely necessary.

    Nearby districts include: Murray Hill, Midtown East, Park Avenue, Madison Avenue, Plaza District, and Upper East Side.

    In the Grand Central Station Area

    Around Grand Central Station, there are endless possibilities of things to see, do, and, most importantly, eat. Within Grand Central, the Dining Concourse provides multiple places to eat that are all local to NYC, including Grand Central’s oldest business the Oyster Bar. Other favorites among the 20 fast-casual restaurants located in the Dining Concourse include Shake Shack, Magnolia Bakery, Jacques Torres Ice Cream, Dahlia, and Prova Pizzabar.

    Outside of Grand Central Station, Salvation Taco serves some of the city’s most inventive tacos, and Katsu-Hama offers both a take-out sushi counter and casual dining service with their famous pork katsu. Head to the Great Northern Food Hall for quick, Nordic-inspired bites or to UrbanSpace Vanderbilt to satisfy any other craving.

    Both Bryant Park and Central Park are within walking distance of most buildings surrounding Grand Central.

     photo of the metlife building and grand central station

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    SquareFoot does not represent the building. Pricing is estimated based on market averages. Information is deemed reliable but not guaranteed.