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.