Office

  • $30,000
292, Madison Avenue, Midtown South, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10017, United States
For Rent
Office
292, Madison Avenue, Midtown South, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10017, United States
  • $30,000

Description

Commercial Lease – 292 Madison Avenue, New York, NY 10017

Asking Rent: $30,000/Month
Size: 6,035 SF
Lease Type: Office
Property Type: Class A Midtown Office Building
Location: Midtown East (Grand Central submarket)
Availability: Immediate

Property Overview

292 Madison Avenue offers 6,035 SF of adaptable office space in a modernized Class A building. Located just steps from Grand Central Terminal, the property combines Midtown prestige with efficient layouts designed for today’s workforce.

The space is well-suited for financial services, creative firms, technology groups, and professional practices seeking a highly accessible location with strong corporate identity.

Key Features

  • Total Size: ≈6,035 SF
  • Asking Rent: $30,000/Month
  • Annualized Rent: ≈$360,000
  • Effective Rent per SF: ≈$60/SF annually
  • Configuration: Mix of private offices, conference rooms, and open-plan work areas
  • Building Amenities: Professional lobby, 24/7 access, security, multiple passenger elevators
  • Exposure: Prominent Madison Avenue frontage for branding and corporate image

Lease & Terms

  • Base Rent: $30,000/Month (~$60/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, typical office obligations

Market Profile

  • Location Advantage: Situated on Madison Avenue at East 41st Street, the building offers quick access to Grand Central Terminal and Midtown’s extensive business and amenity base.
  • Transit Access: 4/5/6/7/S subway lines, Metro-North, and major bus routes.
  • Neighborhood Demand: Finance, legal, technology, and creative tenants are well-represented in this corridor.
  • Competitive Advantage: Rare full-floor, sub-$60/SF office lease in a Madison Avenue Class A asset.

Summary

The 6,035 SF office space at 292 Madison Avenue, New York, NY 10017 is available for $30,000/Month (~$60/SF annually). Combining a prime Midtown location, modern infrastructure, and adaptable layouts, this space is a strong opportunity for corporate and creative tenants seeking Madison Avenue visibility with excellent transit connectivity.

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