Commercial Lease – 590 Madison Avenue, New York, NY 10022
Asking Rent: $30,000/Month
Size: 3,013 SF
Lease Type: Office
Property Type: Class A Office Tower Space
Location: Midtown East (10022)
Availability: Immediate
Property Overview
590 Madison Avenue presents a prime 3,013 SF office suite within one of Midtown Manhattan’s premier Class A towers. The building’s iconic angled glass façade, soaring ceiling lobby, and proximity to Central Park and luxury retail make it a highly sought-after corporate address.
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This full-service property is positioned at the corner of Madison Avenue and 57th Street, offering exceptional visibility, prestige, and convenience for firms seeking a distinguished Midtown East presence. The layout is well-suited for financial services, creative firms, technology, or professional users seeking modern space with strong branding potential.
Key Features
- Total Size: ≈3,013 SF
- Asking Rent: $30,000/Month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$119/SF annually
- Configuration: Flexible open plan with potential for perimeter offices and collaborative zones
- Building: Trophy-status Class A office tower with a grand lobby and 24/7 attended security
- Amenities: On-site dining, conference facilities, direct access to luxury retail corridor
Lease & Terms
- Base Rent: $30,000/Month (~$119/SF/YR)
- Term: Negotiable (long-term preferred)
- Availability: Immediate / By agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, proportionate share of real estate tax increases, standard office lease obligations
Market Profile
- Location Advantage: Corner of Madison Avenue and East 57th Street, surrounded by world-class dining, hotels, and retail destinations.
- Transit Access: Steps to 59th Street–Lexington Avenue (4/5/6, N/R/W), nearby 5th Avenue–59th Street (N/Q/R/W), and F/Q lines at 63rd Street.
- Neighborhood Demand: Highly competitive corridor favored by finance, boutique law, luxury brands, and global corporate tenants.
- Competitive Advantage: A rare sub-3,500 SF office opportunity in a landmark Madison Avenue tower with strong prestige value.
Summary
The 3,013 SF office space at 590 Madison Avenue, New York, NY 10022 is offered at $30,000/Month (~$119/SF annually). With its Class A tower stature, Midtown East positioning, and premium corporate address, this property is ideal for businesses seeking visibility, prestige, and functionality in the heart of Manhattan’s business district.
