551 Madison Avenue - Office Space Availability

For LeaseContact for pricing See below for details.

551 Madison Avenue, New York, NY 10022

  • Office
  • General Office
  • 23,247 Sqft

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

551 Madison Avenue is located at 551 Madison Avenue in the Central Midtown neighborhood, NY, New York, 10022. The Class A Office building was completed in 1982 and features a total of 149,675 Sqft. There are 5 Office spaces available for lease at 551 Madison Avenue, New York, NY, 10022, totaling 23,247 Sqft. The largest space available has 6,000 Sqft.

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 1982, the same year 551 Madison Avenue was built, 234 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 6,495,252 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 Contact for pricing
  • City New York
  • Neighborhood Central Midtown
  • Zip Code 10022
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 149,675 Sqft
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Building Class A
  • Year Built 1982
  • Date Updated 08 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
12th Floor # Not Known General Office Contact for pricing 4,984 Sqft
  • Suite 12th Floor # Not Known
  • Space Type General Office
  • Total Space Available 4,984 Sqft
  • Floor From 12 To 12
  • Divisible Space No
  • Min Divisible 4,984 Sqft
  • Max Contiguous 4,984 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Aaron Marcus Is this you?

Lexin Capital

(212) 750-3500

3rd Floor # Not Known Medical Office Contact for pricing 3,520 Sqft
  • Suite 3rd Floor # Not Known
  • Space Type Medical Office
  • Total Space Available 3,520 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 3,520 Sqft
  • Max Contiguous 3,520 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Aaron Marcus Is this you?

Lexin Capital

(212) 750-3500

Ground Floor # Not Known Retail Contact for pricing 3,243 Sqft
  • Suite Ground Floor # Not Known
  • Space Type Retail
  • Total Space Available 3,243 Sqft
  • Divisible Space No
  • Min Divisible 3,243 Sqft
  • Max Contiguous 14,743 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Aaron Marcus Is this you?

Lexin Capital

(212) 750-3500

Lower Level #1 Retail Contact for pricing 6,000 Sqft
  • Suite Lower Level #1
  • Space Type Retail
  • Total Space Available 6,000 Sqft
  • Divisible Space No
  • Min Divisible 6,000 Sqft
  • Max Contiguous 14,743 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Aaron Marcus Is this you?

Lexin Capital

(212) 750-3500

Lower Level #2 Retail Contact for pricing 5,500 Sqft
  • Suite Lower Level #2
  • Space Type Retail
  • Total Space Available 5,500 Sqft
  • Divisible Space No
  • Min Divisible 5,500 Sqft
  • Max Contiguous 14,743 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Aaron Marcus Is this you?

Lexin Capital

(212) 750-3500

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 551 Madison Avenue?

There are currently 5 office spaces in this building.

What is the largest space available at 551 Madison Avenue?

Currently, the largest rentable space at 551 Madison Avenue totals 6,000 square feet.

What is the total square footage of 551 Madison Avenue?

551 Madison Avenue totals 149,675 square feet.

When was this property built?

551 Madison Avenue was built in 1982.

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 Contact Register now to add listings

Aaron Marcus Is this you?

Lexin Capital

(212) 750-3500

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