Office

Commercial Lease – 360 Madison Avenue, New York, NY 10017

Asking Rent: $40,000/Month
Size: 8,439 SF
Lease Type: Office
Property Type: Class A Midtown East Office Building
Location: Grand Central District, Midtown Manhattan
Availability: Immediate

Property Overview

360 Madison Avenue presents an 8,439 SF office suite in a premier Midtown East office tower. With its efficient floorplate, professional finishes, and excellent natural light, this property is well-positioned for financial services, consulting, law, technology, or creative firms seeking a cost-effective presence in a Grand Central corridor building.

The suite provides a mix of private offices, open collaboration areas, and conference space, allowing for a flexible tenant buildout.

Key Features

• Total Size: ≈8,439 SF
• Asking Rent: $40,000/Month
• Annualized Rent: ≈$480,000
• Effective Rent per SF: ≈$57/SF annually
• Configuration: Flexible layout with potential for perimeter offices and large open work areas
• Building: Class A Midtown office tower with modernized lobby, 24/7 access, security, and multiple elevators
• Exposure: Madison Avenue corporate identity with branding potential

Lease & Terms

• Base Rent: $40,000/Month (~$57/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 for office leases

Market Profile

• Location Advantage: Steps from Grand Central Terminal, Bryant Park, and Midtown amenities, offering superior transit connectivity.
• Transit Access: 4/5/6/7/S subway lines, Metro-North, and multiple bus routes.
• Neighborhood Demand: Strong appeal for finance, law, consulting, and creative firms seeking Class A space at an efficient cost per SF.
• Competitive Advantage: Rare 8,400 SF full-floor Midtown office with prestigious address at sub-$60/SF effective rent.

Summary

The 8,439 SF office space at 360 Madison Avenue, New York, NY 10017 is available for $40,000/Month (~$57/SF annually). With its efficient floorplate, Class A finishes, and prime Grand Central location, this property offers tenants an excellent balance of Midtown prestige and value.