Commercial Lease – 350 Madison Avenue, New York, NY 10017
Asking Rent: $80,000/Month
Size: 17,690 SF
Lease Type: Office
Property Type: Class A Midtown East Office Tower
Location: Grand Central Submarket – Midtown Manhattan
Availability: Immediate
Property Overview
350 Madison Avenue offers a 17,690 SF full-floor office opportunity in one of Midtown’s most recognized corporate corridors. The building has undergone significant capital improvements, featuring a modernized lobby, enhanced infrastructure, and high-end tenant amenities.
The available space provides a large, efficient floorplate with flexibility for perimeter private offices, large team areas, boardrooms, and collaboration zones—well-suited for financial, legal, technology, or creative tenants requiring scale in a prestigious Grand Central location.
Key Features
- Total Size: ≈17,690 SF
- Asking Rent: $80,000/Month
- Annualized Rent: ≈$960,000
- Effective Rent per SF: ≈$54/SF annually
- Configuration: Full-floor layout, adaptable to headquarters-style or multi-team divisions
- Building Amenities: Upgraded Class A lobby, 24/7 security, multiple passenger elevators, professional finishes
- Exposure: Prominent Madison Avenue frontage, offering strong branding and identity potential
Lease & Terms
- Base Rent: $80,000/Month (~$54/SF/YR)
- Term: Negotiable (long-term preferred)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, real estate taxes, and obligations typical of Class A office leases
Market Profile
- Location Advantage: Just steps from Grand Central Terminal, providing direct access to subway lines (4/5/6/7/S), Metro-North, and major commuter routes.
- Neighborhood Demand: Midtown East continues to attract finance, consulting, and professional services firms along with high-growth tech and creative users.
- Competitive Advantage: Large-scale Class A full-floor offering at under $55/SF effective rent in one of Manhattan’s most transit-accessible corporate hubs.
Summary
The 17,690 SF office space at 350 Madison Avenue, New York, NY 10017 is available at $80,000/Month (~$54/SF annually). With its full-floor scale, recent capital improvements, and direct access to Grand Central, this property is an excellent headquarters option for tenants seeking efficiency, prestige, and prime Midtown visibility.