For Lease – 366 Madison Avenue, New York, NY 10017
Asking Rent: $30,000 / Month
Size: 5,952 SF
Property Type: Office
Location: Midtown East (10017)
Property Overview
366 Madison Avenue presents a full-floor office availability of approximately 5,952 SF in the heart of Midtown East. Just steps from Grand Central Terminal, this prestigious Madison Avenue address offers exceptional convenience, natural light, and a professional environment ideal for financial services, law firms, boutique agencies, and growing companies seeking a Midtown presence.
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Key Features
- Total Size: ≈5,952 SF
- Asking Rent: $30,000 / month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$61/SF annually
- Configuration: Full-floor layout, efficient for open plan or private office build-out
- Building: Class B office property on Madison Avenue with 24/7 access and attended lobby
- Neighborhood: Surrounded by Fortune 500 companies, hotels, dining, and transit hubs
Lease & Terms
- Base Rent: $30,000 / month (~$61/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, proportionate RE taxes, cleaning, and standard office lease obligations
Market Profile
Location Advantage: Situated on Madison Avenue between East 45th and East 47th Streets, the property benefits from proximity to Grand Central Terminal and the surrounding Midtown business corridor.
Transit Access: Steps from Grand Central (4/5/6, 7, S, Metro-North) with easy access to Bryant Park and Times Square transit hubs.
Neighborhood Demand: High demand from financial services, consulting, and creative firms drawn to Midtown East’s central location and professional environment.
Summary
The 5,952 SF office space at 366 Madison Avenue is offered at $30,000/month (~$61/SF annually). With a full-floor presence, prime Midtown East address, and proximity to Grand Central, this availability represents an excellent opportunity for tenants seeking a prestigious Madison Avenue office.
