Madison Ave 9th Floor Office Rental
- Usage: Office
- Type: Direct Lease
- Floor: 9th Floor
- Size: 6,395 SQFT
- Price: $72/SQFT
- Term: —
- Broker: Sharon Feldman
- Telephone: 646-485-5895
The following available commercial unit presents a rare opportunity to rent a partial floor office along one of Manhattan’s preeminent office and retail corridors, in a prime Midtown location!
Trophy Class A 6,395 ft space located in the Grand Central area with Manhattan Eastern Skyline views.
The partial high floor Madison Ave space is fully built out and ready for occupancy. The materials used for the build out are high end from the full glass doors and walls, all new contemporary lighting, brand new pantry, and new carpeting. This office suite is a corner unit, which gives your company excellent light from both Northern and Eastern views. (a coveted corner office)
The landlord is offering flexible lease terms from 3-7 years.
The landlord is eager to lease the space and the space is priced at a very attractive rate.
Upon entering the space through a glass entry way door – you are greeted with a reception area large enough for a receptionist station as well as seating for 4 people. Currently the space has 8 private offices, one large conference room for 10 people, and open work stations for 12- 14 people. You can add additional private offices if needed.
You can grab a bite to eat at the Grand Central Food Court and head to Pershing Square Plaza to enjoy your meal. The Plaza is located between 42nd and Park which is closed down to all motor vehicles. Many corporate headquarters are located in this area .
The Urban Tech Hub for example just signed a lease for over 50,000 sq ft just next to Grand Central Station at 335 Madison Ave.
Many new office towers that are currently being built such as One Vanderbilt a 67 floor skyscraper which is changing the Manhattan skyline. Here many financial companies have signed leases which is adding greatly to the prestige of this neighborhood. Being a part of this vibrant, high energy community will attract clients to your company for years to come!
Please call me to schedule a showing at your earliest convenience. I have knowledge of all the building in the area and can send you additional spaces as well.
I can be reached at my office 646-485-5895 as well as by email sfeldman@pmrny.com
About the Building
Step into the new class of classic.
Built in 1929, the 21-story, roughly 180,000-square-foot property is located between East 47th and 48th Streets and includes 6,800 square feet of ground-floor retail space.
This trophy office and retail Art Deco building mostly caters to small-office users, many of which take advantage of its prebuilt suites ranging up to 10,500 square feet and shared tenant lounge and conference room facilities.
The landlord offers pre-built office spaces so “tenants can drop into the building pretty quickly,” she said. The décor also “hits the spot,” with high ceilings and lots of glass. The building appeals to small tenants because “the owner can be nimble” in that the landlord can work with a tenant to provide expansion options!
This building property offers high-end prebuits & build-to-suit offices that range in size from 1,500 SF. to 10,500 SF. for a full-floor plate.
With more established businesses, including Fortune 500 companies, the building’s array of flexible headquarter space continues to increase the Grand Central neighborhood’s deep-seated value as the premiere destination for top quality class A offices in Manhattan. The significant investment and interest in the area as a result of the Midtown East Rezoning—most notably the recent commitment to the area by [J.P Morgan Chase]—is a testament to what the future holds for this location and asset.Today the property currently enjoy a 95 percent lease rate which equates out to 40 tenants.
Despite being nearly 90 years old, the company credits the building’s “best-in-class boutique” standing as well as its close proximity Grand Central Station for its strong market value.
Building Features
• Boutique Floorplates
• (5) Private Outdoor Terraces
• Exceptional Light & Air
• Extremely High Frontage to Depth Ratio
• New Tenant Lobby
• New Tenant Lounge & Conference Center which offers a “Club-Like Appeal”
• Extensive Capital Improvement Plan (Renovations); façade work, refurbishing the lobby and conference center and adding a new tenant lounge.
Tenants (Former / Current Roster)
• CitiBank
• Kamakura Shirts (Ground Floor)
• Bluestone Lane(Ground Floor)
• Odyssey Media Group, Inc. (7th Floor)
• LSV Advisors (15th floor)
• Berkshire Property Advisors
• The Magazine Group
• Banque de France (Room 2nd Floor)
• Atlantic-Pacific Capital
• Buzzuto Management
• Robert Marc Eyewear
• David Rozenholc and Associates
• Hdl Ny L.P.
• Maybourne Hotels ltd
• KCK-US, INC.
• LMJ Capital
• Smart Energy
• Portico Holdings
• Saya Capital
• Cipher Capital Partners
• RegenxBio
