A cockpit center console armrest includes a base member configured for mounting to a floor, an extending member mechanically coupled to the base member, and an armrest mechanically coupled to the extending member. The extending member includes an inner telescoping member configured for sliding within an outer telescoping member for adjusting a height of the armrest. A lever exposed on an underside of the armrest is configured for actuating a release mechanism. The release mechanism is configured for releasably securing the inner telescoping member to the outer telescoping member. A pivot axis pivotably couples the extending member to the base member such that the extending member is rotatable for rotating the armrest between a deployed orientation and a retracted orientation.