For Lease – 400 Madison Avenue, New York, NY 10017
Asking Rent: $15,000 / Month
Size: 1,800 SF
Property Type: Office
Location: Midtown East / Grand Central District (10017)
Property Overview
400 Madison Avenue offers a boutique 1,800 SF office opportunity in one of Midtown East’s most recognized professional office towers. With immediate access to Grand Central Terminal and the surrounding corporate hub, this space is well suited for boutique law firms, financial advisors, and professional service firms seeking a prestigious Madison Avenue address in a Class A environment.
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Key Features
- Total Size: ≈1,800 SF
- Asking Rent: $15,000 / month
- Annualized Rent: ≈$180,000
- Effective Rent per SF: ≈$100/SF annually
- Configuration: Efficient office layout adaptable for private offices and meeting space
- Building: Landmark Madison Avenue tower with attended lobby, elevators, and high visibility
- Neighborhood: Steps from major corporate tenants, luxury hotels, fine dining, and retail
Lease & Terms
- Base Rent: $15,000 / month (~$100/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, proportionate RE taxes, and standard office lease obligations
Market Profile
Location Advantage: Prime corner location at Madison Avenue and East 47th Street, one block from Grand Central Terminal.
Transit Access: Excellent access to Grand Central (4/5/6, 7, S, Metro-North) and within walking distance to Times Square–Bryant Park and Rockefeller Center transit connections.
Neighborhood Demand: Strong appeal to boutique firms and professional tenants seeking proximity to Grand Central and a Madison Avenue identity.
Summary
The 1,800 SF office space at 400 Madison Avenue is available for $15,000/month (~$100/SF annually). With its boutique size, prestigious location, and immediate access to Grand Central Terminal, this offering is ideal for professional service firms seeking a Midtown East presence.
