Flexible Midtown Commercial Space – 240 Madison Avenue, New York, NY 10016
Asking Rent: $20,000/month
Size: 5,918 SF
Use: Office / Medical / Showroom / Gallery / Mixed Commercial
Location: Midtown South – Murray Hill / Grand Central Corridor
Frontage: Madison Avenue visibility with prominent signage opportunity
Availability: Immediate
Property Overview:
240 Madison Avenue offers a versatile 5,918-square-foot full-floor space ideal for office, showroom, or medical use. Located in the heart of Midtown South, just blocks from Grand Central Terminal, this space provides an exceptional combination of size, layout flexibility, and transportation convenience—perfect for companies or institutions seeking a central Manhattan presence.
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Key Features:
- Full-Floor Identity: Direct elevator access to a private, self-contained floor
- Efficient Layout: Combination of open areas, perimeter offices, and conference rooms
- Turnkey Potential: Delivered in clean, operable condition or white-boxed for customization
- Excellent Transit Access: Walking distance to Grand Central, Bryant Park, and multiple subway lines
- Strategic Location: Surrounded by hotels, corporate offices, medical practices, and retail amenities
Ideal For:
- Professional offices or agencies
- Medical or wellness practices
- Design or creative showrooms
- Educational or institutional users
Highlights:
- 5,918 SF of contiguous, full-floor space
- Asking $20,000/month (negotiable based on term and use)
- High ceilings and good natural light
- Steps from Grand Central Terminal (4/5/6/7/S) and Penn Station access
- Prestigious Madison Avenue address in a 24/7 neighborhood
Conclusion:
240 Madison Avenue offers an exceptional opportunity to secure a spacious and flexible commercial unit in one of Manhattan’s most accessible and business-friendly corridors. Ideal for tenants seeking scale, identity, and connectivity in Midtown South.
Contact us today to arrange a tour or request a detailed floor plan.