501-505 Madison Avenue

Direct Office Spaces for Rent

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 2,500 Negotiable
$ 60 2,800 $ 14,000
$ / SF SF Monthly Rent
$ 61 3,300 $ 16,843
$ / SF SF Monthly Rent

Nearby Coworking Office Spaces for Rent

Type of Space Class A Class B Class C
Windowed office/person $ 2,500/mo $ 1,500/mo $ 1,000/mo
Interior office/person $ 1,500/mo $ 1,000/mo $ 700/mo

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
E 53rd St & Between Park Avenue $ 55 2,800 $ 12,856
Madison Ave & East 54th Street $ 60 1,800 $ 9,000
Address $ / SF SF Monthly Rent
E 52nd St & Fifth Avenue $ 49 3,900 $ 15,925
Madison Ave & East 53rd Street $ 61 4,600 $ 23,383
E 51st St & Madison Avenue $ 115 3,500 $ 33,541
Address $ / SF SF Monthly Rent
Madison Ave & East 52nd Street $ 57 8,200 $ 39,274
Madison Ave & East 53rd Street East 52nd Street $ 136 5,900 $ 66,866
Madison Ave & East 51st Street $ 79 10,600 $ 69,783
Madison Ave & East 51st Street $ 99 5,200 $ 42,900
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Double Agent Testimonial

Double Agent testimonial

501-505 Madison Avenue

Located in Manhattan's Plaza District neighborhood, 501-505 Madison Avenue is an impressive 30-story office building. With a total of 173,500 square feet available for rent, this building offers high-quality office space. Built in 1929, it boasts excellent fiber providers such as Lightower, Level 3 Communications, and Cablevision/Lightpath. Prospective tenants have the choice of selecting from small, medium, and large office spaces, as well as nearby lease and sublease options. As of 2022, the average office rent is $62.0 per square foot, which is actually lower than the $70.0 per square foot rate seen in 2020 - a deviation from market trends. The convenience of commuting is a highlight of this location, with easy access to the E, M, 4, 6, B, D, and F train lines. Though the availability of coworking options is not currently provided within the building, we are more than happy to negotiate competitive deals for you elsewhere, at no extra cost!

501-505 Madison Avenue Property Overview

Bulding Address: 501-505 Madison Ave
Building Alternate address(es): 501-505 Madison Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:30
Year Built:1929
Building Class:A
Block & lot:01288-0021

Public Transportation

Time and Distance from 501-505 Madison Avenue New York, NY 10022
Transit / Subway Distance Walk
5 Avenue-53 Street Transit Stop (E, M) 0.1 mi 3 min
Lexington Avenue-53 Street Transit Stop (E, M) 0.2 mi 5 min
51 Street Transit Stop (4, 6) 0.3 mi 5 min
47-50 Streets-Rockefeller Center Transit Stop (B, D, F, M) 0.5 mi 10 min
57 Street (F Line) Transit Stop 0.5 mi 11 min

Map Location

Internet Providers at 501-505 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
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s

Nearby Office Tenants Leased
  • Tweedy, Browne Company LLC leased 33,000 SF at 350 Park Ave
  • The Carlyle Group leased 23,411 SF at 520 Madison Ave
  • Hellman & Friedman leased 10,400 SF at 390 Park Ave
  • Conduit Capital Partners leased 10,360 SF at 488 Madison Ave
  • Family Management Corp. leased 9,659 SF at 485 Madison Ave
  • Stanfield Global Strategies leased 7,320 SF at 527 Madison Ave
  • LH Financial leased 6,553 SF at 510 Madison Ave
  • RH-Troutbrook Holdings LLC leased 5,000 SF at 477 Madison Ave

Nearby Retail Tenants Leased
  • Tourneau leased 3,300 SF at 510 Madison Ave
  • Carat leased 550 SF at 509 Madison Ave

Office Rent 501-505 Madison Avenue Average

Year $ / SF
2019 62.5
2020 70.0
2022 62.0
Year $ / SF
2020 70.0
2022 60.0
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