41 Madison Avenue
Class: A + 10010 Buildings Gramercy Park
Sublease Office Spaces for Rent
Coworking Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 1,100 | Negotiable |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 5,000 | Negotiable |
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 27th St & Between 5th Avenue | $ 56 | 2,200 | $ 10,230 |
| Park Ave S & East 27th Street | $ 51 | 2,000 | $ 8,500 |
| Park Ave S & East 24th Street | $ 50 | 1,200 | $ 5,000 |
| Park Ave S & East 26th Street | $ 62 | 1,800 | $ 9,300 |
| Fifth Ave & West 26th Street | $ 63 | 2,000 | $ 10,500 |
| Fifth Ave & West 26th Street | $ 63 | 2,400 | $ 12,600 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 25th Street | $ 94 | 99,600 | $ 780,200 |
| E 26th St & Fifth Avenue | $ 79 | 12,100 | $ 79,658 |
| Park Ave S & East 26th Street | $ 70 | 23,000 | $ 134,166 |
| Park Ave S & East 26th Street | $ 59 | 12,200 | $ 59,983 |
| Park Ave S & East 27th Street | $ 54 | 8,700 | $ 39,150 |
| Madison Ave & East 28th Street | $ 133 | 39,200 | $ 433,976 |
| Madison Ave & East 28th Street | $ 60 | 5,400 | $ 27,000 |
| Park Ave S & East 27th Street | $ 82 | 7,000 | $ 47,687 |
| Park Ave S & East 27th Street | $ 83 | 10,600 | $ 73,316 |
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41 Madison Avenue
41 Madison Avenue, located in Manhattan's Gramercy Park neighborhood, is a remarkable 43-story Class A office space covering over 645,000 square feet. Constructed in 1974, the building offers exceptional fiber services such as Lightower, Level 3 Communications, and Cogent Communications. It provides flexible rental options suitable for businesses of all sizes, with pricing adjusted to current market trends per square foot.
Transportation connectivity is outstanding, with convenient access to multiple train lines including N, R, 4, and 6 just minutes away. By 2023, the average rental rate for office space at 41 Madison Avenue is $80.5 per square foot, showing an increase from the previous year's rate of $78.68 per square foot. Additionally, the building is equipped with top-notch amenities to accommodate the diverse needs of businesses seeking either a lease or sublease.
Transportation connectivity is outstanding, with convenient access to multiple train lines including N, R, 4, and 6 just minutes away. By 2023, the average rental rate for office space at 41 Madison Avenue is $80.5 per square foot, showing an increase from the previous year's rate of $78.68 per square foot. Additionally, the building is equipped with top-notch amenities to accommodate the diverse needs of businesses seeking either a lease or sublease.
41 Madison Avenue Property Overview
| Bulding Address: | 41 Madison Ave |
| Bulding Name: | New York Merchandise Mart |
| Building Alternate address(es): | 41 Madison Ave |
| Zip Code: | 10010 |
| Neighborhood: | Gramercy Park |
| Borough: | Manhattan |
| Stories: | 43 |
| Year Built: | 1974 |
| Building Class: | A |
| Block & lot: | 00855-0037 |
Public Transportation
Time and Distance from 41 Madison Avenue New York, NY 10010| Transit / Subway | Distance | Walk |
|---|---|---|
| 23 Street (N,R Line) Transit Stop | 0.2 mi | 4 min |
| 28 Street (4,6 Line) Transit Stop | 0.2 mi | 5 min |
| 23 Street (4,6 Line) Transit Stop | 0.2 mi | 5 min |
| 28 Street (N,R Line) Transit Stop | 0.3 mi | 6 min |
| 23 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) | 0.4 mi | 8 min |
Map Location
Internet Providers at 41 Madison Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Lightower | Fiber | 10 Gb/s | 10 Gb/s |
| Level 3 Communications | Fiber | 10 Gb/s | 10 Gb/s |
| Cogent Communications | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 41 Madison Avenue
- Regus leased 26,112 SF
- Water Island Capital leased 9,150 SF
- Oneida leased 13,000 SF
- WH Freeman and Worth Publishers leased 28,000 SF
- EOS Fund Services, LLC leased 13,500 SF
- Rudin Management Comp… leased 13,000 SF
- Axonius leased 14,103 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Enfatico leased 98,175 SF at 11 Madison Ave
- Yext leased 58,194 SF at 1 Madison Ave
- Knotel leased 45,000 SF at 360 Park Avenue South
- Besen & Associates leased 15,577 SF at 381 Park Avenue South
- Mullen Lowe Group leased 13,000 SF at 386 Park Avenue South
- NeueHouse leased 8,732 SF at 373 Park Avenue South
- Talent Resources leased 3,300 SF at 333 Park Avenue South
Nearby Retail Tenants Leased
- Mendez Boxing leased 10,616 SF at 60 Madison Ave
- La Mar leased 9,000 SF at 11 Madison Ave
- Pappas Steakhouse leased 7,500 SF at 72 Madison Ave
- HairParty24hr leased 2,200 SF at 76 Madison Ave
- Terrence Mahon leased 1,521 SF at 381 Park Avenue South
- David Marinelli Salon leased 1,000 SF at 379 Park Avenue South
Office Rent 41 Madison Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 105.17 |
| 2019 | 89.0 |
| 2020 | 89.0 |
| 2021 | 75.44 |
| 2022 | 78.68 |
| 2023 | 80.5 |
| Year | $ / SF |
|---|---|
| 2018 | 68.5 |
