Retail

1 Madison Avenue, New York, NY 10010 – Flatiron / NoMad
Asking Price: $85,000
Size: 6,703 sq ft
Use: Office / Corporate / Tech / Creative
Lease Type: Commercial Lease
Price per Sq Ft: ~$12.68/sq ft/year | ~$1.06/sq ft/month

Property Overview

This 6,703-square-foot office space at 1 Madison Avenue offers a prime commercial presence at the intersection of Manhattan’s vibrant Flatiron and NoMad districts. With an asking price of $85,000, the space commands a premium that reflects its prestigious building, iconic “Clock Tower” address, and location in one of the city’s most dynamic and creative corridors. This space is ideal for technology firms, creative agencies, boutique financial services, or professional services seeking a prestigious yet centrally innovative address that bridges Midtown corporate energy with Downtown creativity.

Space Highlights

• Substantial 6,703 sq ft of Class A office space in the historic Metropolitan Life Tower (Clock Tower)
• Iconic building with landmark architecture and modernized interiors
• High price per square foot reflects the building’s prestige, views, and central location
• Likely features high ceilings, large windows, and elegant pre-war details updated for modern use
• Suitable for a firm valuing architectural character, natural light, and a prestigious business identity

Location & Neighborhood

• Landmark address at 23rd Street and Madison Avenue, overlooking Madison Square Park
• In the heart of the Flatiron District, known for its tech startups, creative agencies, and media companies
• Adjacent to the trendy NoMad neighborhood, with its luxury hotels, fine dining, and high-end retail
• Immediate proximity to Madison Square Park, the Flatiron Building, and Eataly NYC
• Excellent transportation access via the N/Q/R, 6, F/M, and PATH trains at 23rd Street and 28th Street
• Centrally located between Midtown, Chelsea, and Gramercy, with outstanding walkability

Summary

Offered at $85,000 (~$12.68/sq ft/year), this 6,703 sq ft office space at 1 Madison Avenue is a statement opportunity for a firm seeking a landmark address with historic prestige and modern relevance. The rent is justified by the building’s iconic status, its prime position at the gateway to the Flatiron District, and the quality of the commercial environment. This space is for a tenant that values architectural significance, a central and creative neighborhood, and an address that conveys established success and forward-thinking energy.