Monday October 26, 2020

Madison Avenue Sublet Office for Rent

Grand Central

LISTING DETAILS FOR Madison Avenue Sublet Office for Rent

Unit Size 5838 SQ. FT
Type Sublet
Price CALL FOR PRICING

DESCRIPTION

Midtown Manhattan Commercial Space Rental – $ Negotiable / 5838 SF.

office-space-preview cubicle-work-area-within-an-office

Full floor identity with spectacular views overlooking the New York Public Library.

Between 41st and 42 on fifth avenue – An advertising company located on Fifth Avenue near Bryant Park has extra office available for sublease in their full floor suite.

This move in ready full floor office is located a block away from Grand Central Terminal and offers spectacular views overlooking the neighborhood. This recently built above standard office installation comes with 6-7 offices (with glass), 1 conference room, 7 workstations, reception area, pantry, private bathrooms. Furthermore the office contains a large separate column free area to accommodate either an additional 10 workstations, training room or approximately 20 trading positions. This space comes fully furnished, with existing phone system and wired all of which is serviced by supplemental AC. Additionally the property is a quality owner-occupied building while the space enjoys a strong sublessor.

In total this space is full-wired and furnished to create a quality turn-key experience. The sublease is available for approximately 3 years and is competitively priced.

full-length-office-preview office-space-with-furniture-for-rent

private-office-with-glass-fronts-available-for-rent private-office-space-rental-in-midtown-manhattan

office-pantry-featuring-glass-fronts open-storage-or-filing-room

rear-portion-of-office-rental workstation-area-preview

Available to view at your earliest convenience.

Available Sizes:
5,838 SF – $ Call for Latest Price

Key Features:
– Full Floor Sublet with Direct Elevator Access onto Floor / Partitioned Entry
– 3 to 4 Glass Fronted Private Offices
– 2 Open Work Areas
– 2 Glass Fronted Conference Rooms
– Glass Fronted Pantry with room for Staff Breaks / Seating
– Private Restrooms
– 24/7 Building Access
– Doorman Attended Lobby (24/7)
– Operable Windows
– Tenant Controlled HVAC
– Front facing office with views of the New York Public Library (42nd Street)
– Verizon FIOS is available
– Conveniently near Grand Central: MTA Transit Hub; 4, 5, 6, 7 and S (shuttle between Grand Central and Times Square).

Office Floor Plans:

madison-avenue-full-floor-plaza-district-office-floor-plan

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Neighborhood Information
Midtown Manhattan, or simply Midtown, represents the middle lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city’s most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations.

Midtown Manhattan is the largest central business district in the United States and ranks among the most intensely used pieces of real estate in the world.

Even as some buildings in the core of Midtown are seeing modest rents, the average asking rent for the market overall rose substantially. In Midtown, the city’s premier office market, the average taking rent inked with landlords was $75.73 per square foot. Taking rents are increasing as the high end of the market improves, drawing the overall averages upward, but in older buildings in some areas, rents have stalled. Grand Central and the East Side, they are flat year-over-year. Grand Central [for example] tends to be a value play. The availability rate is up slightly in Midtown due to large new availabilities along the Third Avenue and Park Avenue corridors…

Businesses who call this Neighborhood Home
JP Morgan Chase & Co
Pwc
Pfizer, Inc.
Davis Polk & Wardwell LLP
Simpson Thacher & Bartlett LLP
Societe Generale
Mount Sinai
Bloomberg LP
Dreyfus Service Corporation
Gibson, Dunn & Crutcher LLP
Winston & Strawn LLP
J. Walter Thompson
Guggenheim Partners LLC
Major League Baseball Properties, Inc
McDermott Will & Emery
A&E Television Networks
Aegis Media Americas, Inc.
Voya Financial, Inc
Moses & Singer, LLP
Gerson Lehrman
WPIX, Inc.
Rodale Press
Warburg Pincus, LLC.

Nearby
The Westin New York Grand Central (212 East 42nd Street)
Fotzpatrick Grand Central (141 East 44th Street)
Hotel Boutique at Grand Central (447 Lexington Avenue)
Club Quarters Hotel, Grand Central (128 East 45th Street)

Notable Buildings in the Area
220 East 42nd Street
501 Madison avenue
551 Madison avenue
420 Lexington Avenue
274 Madison avenue
275 Madison avenue
286 Madison avenue
315 Madison avenue
299 Park Avenue
345 Park Avenue
666 Third Avenue
711 Third Avenue

Transit
S 4 5 6 7 at Grand Central 0.2 miles
B D F M 7 at 5th Avenue 0.3 miles
6 at 33rd Street 0.3 miles
B D F M N Q R at 34th St-Herald Square 0.5 miles
PATH at 33rd Street Station 0.5 miles

To the Airport
JFK Airport: 60 minutes by cab with no traffic
Laguardia Airport: 45 minutes by cab with no traffic
Times Square: 5 minutes by subway
Wall Street / Financial District: 1 minutes by subway

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