New York Life Ins. Company Bldg - Office Space Availability

For LeaseContact for pricing See below for details.

51 Madison Avenue, New York, NY 10010

  • Office
  • 12,015 Sqft

New York Life Ins. Company Bldg, New York, NY 10010 - Office Space for rent

New York Life Ins. Company Bldg is located at 51 Madison Avenue in the NoMad neighborhood, NY, New York, 10010. The Class A Office building was completed in 1927 and features a total of 980,000 Sqft. There is 1 Office space available for lease at 51 Madison Avenue, New York, NY, 10010, totaling 12,015 Sqft. The largest space available has 12,015 Sqft and a rental rate of Negotiable.

There are 438 office spaces for lease in the NoMad neighborhood, totaling 3,634,337 Sqft of available office space. The office space availability for the 10010 zip code is 1,454,818 Sqft, in 213 office spaces. The average asking office rent per sq. ft. in NoMad is $57.47/sqft/year. For Class A office buildings the average office rate is $70.75/sqft/year, for Class B office buildings the average office rate is $58.41/sqft/year, for Class C office buildings the average office rate is $58.44/sqft/year.

In NoMad, there are 21 class A office buildings. In NoMad, there are a total of 6 LEED certified office buildings. In 1927, the same year New York Life Ins. Company Bldg was built, 1111 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 14,646,674 square feet of commercial space. At zip code level, there are 70 commercial properties, of which 69 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price Contact for pricing
  • City New York
  • Neighborhood NoMad
  • Zip Code 10010
  • Market Manhattan
  • Property Type Office
  • Property Size 980,000 Sqft
  • Building Class A
  • Year Built 1927
  • 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
31 Floor General Office Negotiable 12,015 Sqft
  • Suite 31 Floor
  • Space Type General Office
  • Total Space Available 12,015 Sqft
  • Floor From 31 To 31
  • Divisible Space No
  • Min Divisible 12,015 Sqft
  • Max Contiguous 12,015 Sqft
  • Lease Rate Negotiable
  • Possession Type Immediate
  • Lease Type Full Service
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

William Fressle

Cushman & Wakefield

(212) 841-7566

Charlie Stephens

Cushman & Wakefield

(212) 841-5033

Ron LoRusso

Cushman & Wakefield

(212) 841-7979

William Golden

Cushman & Wakefield

(212) 895-8929

Description

A 33-story structure with approximately 974,653 rentable square feet, built in 1927.

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at New York Life Ins. Company Bldg?

There is currently 1 office space in this building.

What is the largest space available at New York Life Ins. Company Bldg?

Currently, the largest rentable space at New York Life Ins. Company Bldg totals 12,015 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at New York Life Ins. Company Bldg is Negotiable$ per square foot.

What is the total square footage of New York Life Ins. Company Bldg?

New York Life Ins. Company Bldg totals 980,000 square feet.

When was this property built?

New York Life Ins. Company Bldg was built in 1927.

Nomad Demographics

The average household income in zip code 10010 is $188,064, from a total of 16,390 households. In terms of employment, there are 97.01 % white-collar and 2.99 % blue-collar jobs in zip code 10010.

Population

  • Total Population19,090
  • Male Population(49.3 %) 9,404
  • Female Population(50.7 %) 9,686
  • Median Age34.70

Income/Financial

  • Average Household Income$171,979
  • Median Household Income$117,004
  • Median Income Under 25$79,063
  • Median Income 25-44$145,943
  • Median Income 45-64$122,267
  • Median Income Over 65$47,964

Leasing Contacts Register now to add listings

William Fressle

Cushman & Wakefield

(212) 841-7566

Charlie Stephens

Cushman & Wakefield

(212) 841-5033

Ron LoRusso

Cushman & Wakefield

(212) 841-7979

William Golden

Cushman & Wakefield

(212) 895-8929