198 Madison Avenue, New York, NY 10016 - Office Space for rent
198 Madison Avenue is located at 198 Madison Avenue in the Murray Hill neighborhood, NY, New York, 10016. The Class B Office building was completed in 1906 and features a total of 1,021,821 Sqft. There are 2 Office spaces available for lease at 198 Madison Avenue, New York, NY, 10016, totaling 50,000 Sqft. The largest space available has 25,000 Sqft.
There are 449 office spaces for lease in the Murray Hill neighborhood, totaling 3,259,081 Sqft of available office space. The office space availability for the 10016 zip code is 3,668,221 Sqft, in 495 office spaces. The average asking office rent per sq. ft. in Murray Hill is $55.73/sqft/year. For Class A+ office buildings the average office rate is $78/sqft/year, for Class A office buildings the average office rate is $69.5/sqft/year, for Class B office buildings the average office rate is $53.48/sqft/year.
In Murray Hill, there are 57 class B office buildings. In Murray Hill, there are a total of 7 LEED certified office buildings. In 1906, the same year 198 Madison Avenue was built, 172 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 4,560,667 square feet of commercial space. At zip code level, there are 114 commercial properties, of which 113 are office buildings over 50,000 square feet.