575 Madison Ave – 575 Madison Avenue, New York, NY, 10022
Cross Streets are: E 57th St and E 56th St
25 Story Class A Office Building, Multiple Floors Available
The office building at 575 Madison Avenue offers 328,800 square feet of premium Class A office space, available in a variety of sizes ranging from small suites to large corporate spaces.
Originally constructed in 1951, this building is home to prestigious tenants like Douglas Elliman, Katten, and World-Wide Business Center, occupying 100,000, 110,157, and 49,588 square feet, respectively. In addition to traditional leasing options, the building also provides potential sublease opportunities.
The average office rent at 575 Madison Avenue has seen a notable rise in recent years, with prices per square foot increasing from $76.21 in 2021 to $84.00 in 2022, mirroring broader market trends.
Recent renovations have significantly enhanced the property, including updates such as a newly designed lobby, new energy-efficient windows, a state-of-the-art steam absorption system, a modern cooling tower, and upgraded elevators.
The building also features a fully attended lobby for security, as well as the convenience of an on-site full-service parking garage. These upgrades, along with its prime location, make it a highly desirable address for businesses seeking quality office space in Manhattan.
Plaza District office space Class A average office asking rents is: $95 per square foot.
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Being within walking distance to iconic landmarks, shopping centers, dining, and entertainment options, Plaza District gives an array of accessible choices for transportation options. A variety of subway and bus stations served this hot-spot location and giving you an easy way to moving from one point to another. The M1, M2, M5, M7, and M57, and the 5th Avenue Station is located right at the beginning of Central Park on 59th Street.
Subway:
| Lexington Avenue/59th Street |
| 59th Street–Columbus Circle |
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