Commercial Lease – 285 Madison Avenue, New York, NY 10017
Asking Rent: $30,000/Month
Size: 6,761 SF
Lease Type: Office
Property Type: Class A Midtown Office Tower
Location: Midtown East (Grand Central submarket)
Availability: Immediate
Property Overview
285 Madison Avenue presents a 6,761 SF full-floor office opportunity in a premier Midtown East location. This tower is well known for its corporate tenancy and proximity to major transit at Grand Central Terminal.
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The space offers efficient open layouts with perimeter offices, conference rooms, and collaborative areas. With abundant natural light, high ceilings, and professional finishes, this office is ideal for finance, technology, creative, or professional service tenants seeking a prestigious Madison Avenue address.
Key Features
- Total Size: ≈6,761 SF
- Asking Rent: $30,000/Month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$53/SF annually
- Configuration: Full-floor layout adaptable to private office and open workstation mix
- Building: Class A Midtown tower with professional lobby, security, and elevator access
- Frontage/Exposure: Corner Madison Avenue presence with strong corporate identity potential
Lease & Terms
- Base Rent: $30,000/Month (~$53/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 real estate tax, standard office lease obligations
Market Profile
- Location Advantage: Situated on Madison Avenue at East 40th Street, this address provides tenants with Midtown prestige and direct proximity to Grand Central Terminal.
- Transit Access: 4/5/6/7/S subway lines, Metro-North, and numerous bus connections.
- Neighborhood Demand: Corporate tenants in finance, consulting, tech, and creative industries dominate this submarket.
- Competitive Advantage: Large sub-$55/SF Midtown office opportunity with prime Madison Avenue branding.
Summary
The 6,761 SF office space at 285 Madison Avenue, New York, NY 10017 is offered at $30,000/Month (~$53/SF annually). With its full-floor layout, central Midtown location, and direct transit access, this property presents an attractive opportunity for professional tenants seeking efficient, cost-effective space in a Class A building.
