527 Madison Avenue - Office Space Availability

For Lease$86/Sqft/Year See below for details.

527 Madison Avenue, New York, NY 10022

  • Office
  • 3,576 Sqft

527 Madison Avenue, New York, NY 10022 - Office Space for rent

527 Madison Avenue is located at 527 Madison Avenue in the Central Midtown neighborhood, NY, New York, 10022. The Class A Office building was completed in 1986 and features a total of 248,327 Sqft. There is 1 Office space available for lease at 527 Madison Avenue, New York, NY, 10022, totaling 3,576 Sqft. The largest space available has 3,576 Sqft and a rental rate of $86/Sqft/Year.

There are 1,230 office spaces for lease in the Central Midtown neighborhood, totaling 14,312,584 Sqft of available office space. The office space availability for the 10022 zip code is 7,606,080 Sqft, in 632 office spaces. The average asking office rent per sq. ft. in Central Midtown is $62.98/sqft/year. For Class A+ office buildings the average office rate is $80.7/sqft/year, for Class A office buildings the average office rate is $69.38/sqft/year, for Class B office buildings the average office rate is $56.43/sqft/year, for Class C office buildings the average office rate is $59.75/sqft/year.

In Central Midtown, there are 134 class A office buildings. In Central Midtown, there are a total of 53 LEED certified office buildings. In 1986, the same year 527 Madison Avenue was built, 215 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 11,739,157 square feet of commercial space. At zip code level, there are 120 commercial properties, of which 119 are office buildings over 50,000 square feet.

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Details

  • Price $86/Sqft/Year
  • City New York
  • Neighborhood Central Midtown
  • Zip Code 10022
  • Market Manhattan
  • Property Type Office
  • Property Size 248,327 Sqft
  • Building Class A
  • Year Built 1986
  • Date Updated 15 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
Suite 12B General Office $86/Sqft/Year 3,576 Sqft
  • Suite Suite 12B
  • Space Number 12B
  • Space Type General Office
  • Total Space Available 3,576 Sqft
  • Floor From 12 To 12
  • Divisible Space No
  • Min Divisible 3,576 Sqft
  • Max Contiguous 3,576 Sqft
  • Lease Rate $86/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Peter Occhi

Cushman & Wakefield

(212) 318-9795

Gordon Hough

Cushman & Wakefield

(212) 895-8927

Description

A 26-story structure with approximately 196,446 rentable square feet, built in 1986.

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 527 Madison Avenue?

There is currently 1 office space in this building.

What is the largest space available at 527 Madison Avenue?

Currently, the largest rentable space at 527 Madison Avenue totals 3,576 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 527 Madison Avenue is $86/Sqft/Year$ per square foot.

What is the total square footage of 527 Madison Avenue?

527 Madison Avenue totals 248,327 square feet.

When was this property built?

527 Madison Avenue was built in 1986.

Central Midtown Demographics

The average household income in zip code 10022 is $248,983, from a total of 18,049 households. In terms of employment, there are 98.37 % white-collar and 1.63 % blue-collar jobs in zip code 10022.

Population

  • Total Population26,105
  • Male Population(47.7 %) 12,462
  • Female Population(52.3 %) 13,644
  • Median Age40.00

Income/Financial

  • Average Household Income$163,065
  • Median Household Income$113,170
  • Median Income Under 25$54,826
  • Median Income 25-44$143,454
  • Median Income 45-64$114,920
  • Median Income Over 65$57,233

Leasing Contacts Register now to add listings

Peter Occhi

Cushman & Wakefield

(212) 318-9795

Gordon Hough

Cushman & Wakefield

(212) 895-8927