Sunday May 12, 2024

Madison Avenue Sublet Office Space for Rent

Grand Central, Midtown East

LISTING DETAILS FOR Madison Avenue Sublet Office Space for Rent

Unit Size 4679 SQ. FT
Type Sublet
Price CALL FOR PRICING

DESCRIPTION

Looking for a professional and quiet office space with natural light and excellent views? An investment firm located at 275 Madison Avenue in Midtown East, New York City, is subleasing one to four private windowed offices with excellent natural light and views overlooking East 40th Street. The fully furnished office layout is perfect for businesses seeking a professional office environment and includes shared amenities such as a large conference room equipped with excellent telecom video equipment, a shared reception area, staff pantry, and a break-out area. The estimated capacity is 30 people, and additional workstations can be made available.

The subleased space is located on the partial 6th floor, Suite 601, with a size of 4,679 square feet and a ceiling height of 11 feet finished. The lease term is negotiable, and the rental rate is upon request. The available 19th-floor sublet space is negotiable upon request, and the space use is an office full build-out now.

The space includes medium-sized offices #1, #2, #3, and a large corner office #4, all with prices per month of $1,400 and $2,000, respectively, with a total of $6,200 per month (cleaning included).

The office space is conveniently located in Midtown East, a few blocks from Grand Central, two blocks from Grand Central, one block from Bryant Park and the Public Library. The building at 275 Madison Avenue is a 43-story tower and is designated as a historic landmark, featuring a limestone office tower with a prestigious Class B Grand Central office space, a total of 290,000 square feet, and 8,000 square feet of retail. It underwent extensive renovations in 2011, with cosmetic refinements in 2018.

The amenities offered at 275 Madison Avenue include on-site management by RPW, 24/7 access and security, tenant-controlled HVAC, operable windows, and several food vendors located within the building. The building is conveniently located in Midtown Manhattan, close to Grand Central Terminal, Penn Station, Times Square, Bryant Park, and all the shopping and dining destinations on Fifth Avenue, Madison Avenue, and Park Avenue.

Office asking rents at 275 Madison are roughly on par or slightly below the $87 per square foot average commanded by Midtown Manhattan office space. The building’s excellent location, prestigious tenant roster, and access to Grand Central are highly appealing features for office-using tenants in a variety of industries.

Come join the impressive Class A commercial property at 275 Madison Avenue and enjoy exceptional office space with state-of-the-art infrastructure, high-speed elevators, advanced security systems, and on-site property management to ensure a comfortable and secure work environment. With a variety of available office spaces ranging from 1,000 to 25,000 square feet, we offer flexible solutions to meet your specific business needs. Additionally, tenants can enjoy stunning views of the city from the floor-to-ceiling windows in each office space. The building’s flexible leasing options allow tenants to easily expand or downsize their office space as their business grows. Contact us today to schedule a tour and learn more about the available office space at 275 Madison Ave.

Space Features

  • Subleasing of 1 to 4 private windowed offices in an investment firm located on Madison Avenue
  • Size of the space is 4,580 sf with an estimated capacity of 30 people
  • The lease type is direct with a negotiable lease term and rental rate
  • Fully furnished office layout, a Large shared conference room with excellent telecom video equipment, shared reception area, staff pantry & break out area
  • Each windowed office provides excellent natural light and a view of East 40th Street.
  • The space is shared with a real estate company, offering a professional quiet office environment.
  • The building was designed by Kenneth Franzheim in 1931 and is a limestone office tower in Midtown Manhattan.
  • The office building offers 290,000 square feet of Class B Grand Central office space, as well as 8,000 square feet of retail.
  • Amenities include on-site management, 24/7 access and security, tenant-controlled HVAC, operable windows, and several food vendors located within the building.
  • The building is located within walking distance of Grand Central Station, providing easy access to transportation throughout the city.
  • Rent asking price is on par or slightly below the $87 per square foot average commanded by Midtown Manhattan office space.
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