551 Madison Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 2,100 Negotiable
$ 76 1,800 $ 11,400
$ / SF SF Monthly Rent
Negotiable 3,400 Negotiable
$ 77 3,400 $ 21,802
$ / SF SF Monthly Rent
Negotiable 8,300 Negotiable
$ 65 8,300 $ 44,681

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ 52 3,400 $ 14,733
$ / SF SF Monthly Rent
$ / 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
Madison Ave & East 55th Street $ 101 2,700 $ 22,725
Madison Ave & East 56th Street $ 126 2,700 $ 28,350
E 54th St & Madison Avenue $ 48 1,200 $ 4,800
Address $ / SF SF Monthly Rent
E 56th St & Madison Avenue $ 31 4,900 $ 12,658
Address $ / SF SF Monthly Rent
Madison Ave & East 55th Street $ 64 5,800 $ 30,993
E 55th St & Madison Avenue $ 71 5,800 $ 34,316
Madison Ave & East 55th Street $ 89 14,400 $ 106,800
Madison Ave & East 56th Street $ 75 24,400 $ 152,500
Park Ave & East 56th Street $ 73 5,800 $ 35,126

551 Madison Avenue Medical Spaces

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 4,600 Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
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551 Madison Avenue

Situated in the Plaza District neighborhood of Manhattan, 551 Madison Avenue is a 17-story office building that provides 149,675 square feet of premium office space available for lease. The building offers excellent connectivity with fiber services from Verizon New York, Lightower, Level 3 Communications, and Cogent Communications. Current tenants include Lacoste and Lacoste USA, Inc., and businesses of all sizes have the option to lease space in the building. Additionally, flexible arrangements such as coworking and subleasing are also possible. Originally constructed in 1922, the building boasts a convenient location near several subway stations including 5 Avenue-53 Street, Lexington Avenue-53 Street, 5 Avenue-59 Street, 51 Street, and 59 Street stations. As of 2021 and 2022, the average rental cost per square foot stands at $70.0, which aligns with the prevailing market rates.

551 Madison Avenue Property Overview

Bulding Address: 551 Madison Ave
Building Alternate address(es): 551 Madison Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:17
Year Built:1922
Building Class:A
Block & lot:01291-0021

Public Transportation

Time and Distance from 551 Madison Avenue New York, NY 10022
Transit / Subway Distance Walk
5 Avenue-53 Street Transit Stop (E, M) 0.2 mi 4 min
Lexington Avenue-53 Street Transit Stop (E, M) 0.3 mi 6 min
5 Avenue-59 Street Transit Stop (N, Q, R) 0.4 mi 8 min
51 Street Transit Stop (4, 6) 0.4 mi 8 min
59 Street (4,5,6 Line) Transit Stop 0.4 mi 8 min

Map Location

Internet Providers at 551 Madison Avenue

Internet Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber 1 Gb/s 25 Mb/s
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 551 Madison Avenue
  • Three Ocean Partners leased 3,130 SF
  • Lacoste leased 35,000 SF
  • MIA - Marchigiani In Am… leased 3,705 SF
  • American Capital Manage… leased 4,144 SF
  • Hennessey & Bienstock LLP leased 3,967 SF
  • Convector Capital Manage… leased 2,000 SF
  • Sax LLP leased 0 SF

Retail Tenants Rented / Leased 551 Madison Avenue
  • The Walking Co. leased 3,135 SF
  • Allen Edmonds leased 1,306 SF
Nearby Office Tenants Leased
  • Aurelius Capital Management leased 15,000 SF at 535 Madison Ave
  • Onewire Finance leased 14,000 SF at 540 Madison Ave
  • Stanfield Capital leased 11,075 SF at 430 Park Ave
  • Fieldpoint Private Bank & Trust leased 11,000 SF at 400 Park Ave
  • IMG Worldwide Holdings leased 9,985 SF at 450 Park Ave
  • Madison International Realty leased 9,538 SF at 410 Park Ave
  • Stanfield Global Strategies leased 7,320 SF at 527 Madison Ave

Nearby Retail Tenants Leased
  • Phillips de Pury & Co. leased 25,559 SF at 450 Park Ave
  • Oscar Blandi leased 9,300 SF at 545 Madison Ave
  • IWC Shaffhausen leased 4,100 SF at 535 Madison Ave
  • Carlo Pazolini leased 3,056 SF at 555 Madison Ave
  • Honora leased 1,200 SF at 575 Madison Ave

Office Rent 551 Madison Avenue Average

Year $ / SF
2018 62.0
2019 78.0
2021 70.0
2022 70.0
Year $ / SF
2020 55.91
2023 56.0
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