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Rent/Lease Office 171-173 Madison Ave, New York, NY
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 55 |
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 36th Street | $ 39 | 2,000 |
$ 6,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 34th St & Fifth Avenue | $ 29 | 21,800 |
$ 52,683 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 37th St & Fifth Avenue | $ 43 | 5,100 |
$ 18,275 |
| Park Ave S & East 31st Street | $ 54 | 4,800 |
$ 21,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 36th Street | $ 39 | 5,900 |
$ 19,175 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 31st Street | $ 59 | 11,800 |
$ 58,016 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 31st Street | $ 64 | 3,000 |
$ 16,000 |
| Fifth Ave & East 36th Street | $ 32.5 | 4,400 |
$ 11,916 |
| Park Ave & East 34th Street | $ 75 | 4,000 |
$ 25,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 36th Street | $ 52 | 2,400 |
$ 10,400 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 37th Street | $ 49 | 7,400 |
$ 30,216 |
| E 38th St & Fifth Avenue | $ 36.5 | 7,400 |
$ 22,508 |
| Madison Ave & East 33rd Street | $ 77 | 8,600 |
$ 55,183 |
| Lexington Ave & East 33rd Street | $ 46.5 | 8,300 |
$ 32,162 |
| Fifth Ave & East 32nd Street | $ 51 | 8,000 |
$ 34,000 |
| Fifth Ave & East 36th Street | $ 42 | 7,800 |
$ 27,300 |
| Madison Ave & East 31st Street | $ 54 | 15,000 |
$ 67,500 |
| Park Ave S & East 31st Street | $ 50 | 7,600 |
$ 31,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 37th Street | $ 55 | 5,000 |
$ 22,916 |
| E 38th St & Fifth Avenue | $ 36 | 5,200 |
$ 15,600 |
| Madison Ave & East 34th Street | $ 54 | 4,200 |
$ 18,900 |
| 5th Ave & East 34th Street | $ 56 | 3,600 |
$ 16,800 |
| Madison Ave & East 31st Street | $ 61 | 5,000 |
$ 25,416 |
| Madison Ave & East 35th Street | $ 41 | 2,600 |
$ 8,883 |
| Fifth Ave & East 32nd Street | $ 59 | 4,000 |
$ 19,666 |
| Lexington Ave & East 33rd Street | $ 46 | 3,100 |
$ 11,883 |
| Fifth Ave & East 36th Street | $ 42 | 2,800 |
$ 9,800 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 37th Street | $ 55 | 2,400 |
$ 11,000 |
| 5th Ave & East 34th Street | $ 56 | 2,400 |
$ 11,200 |
| Madison Ave & East 35th Street | $ 42.5 | 1,800 |
$ 6,375 |
| Fifth Ave & East 36th Street | $ 38 | 1,800 |
$ 5,700 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 31st St & Madison Avenue | $ 45 | 7,300 |
$ 27,375 |
| E 33rd St & Madison Avenue | $ 47 | 8,200 |
$ 32,116 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 38th St & Fifth Avenue | $ 35.5 | 5,400 |
$ 15,975 |
| E 33rd St & Fifth Avenue | $ 56.5 | 3,000 |
$ 14,125 |
| E 31st St & Madison Avenue | $ 43 | 4,400 |
$ 15,766 |
| Fifth Ave & East 36th Street | $ 40 | 2,800 |
$ 9,333 |
| E 32nd St & Madison Avenue | $ 49 | 5,500 |
$ 22,458 |
| E 33rd St & Madison Avenue | $ 48 | 4,100 |
$ 16,400 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 31st St & Madison Avenue | $ 48 | 2,000 |
$ 8,000 |
Retail Spaces for Rent at 171-173 Madison Ave
Rent Retail 171-173 Madison Ave
Rent Medical Space at 171-173 Madison Ave
- Insight Data Science leased 13,027 SF at 215 Lexington Avenue
- The Spector Group leased 13,000 SF at 183 Madison Ave
- JAKKS Pacific Inc. leased 12,083 SF at 11 East 36th St
- Local 272 Welfare & Pension Funds leased 11,872 SF at 220 East 23rd Street
- Chelsea Day School leased 11,400 SF at 319 Fifth Ave
- Bozrock Restaurant leased 8,500 SF at 72 Madison Ave
- Yoga Sutra NYC leased 8,000 SF at 6 East 39th St
- Capital One leased 6,822 SF at 470 Park Avenue South
- Laser & Skin Surgery Center of New York leased 6,654 SF at 317 East 34th St
- New York Golf Center leased 6,500 SF at 100 Park Ave
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
171-173 Madison Avenue, New York, NY Property Overview
| Building Address: | 171-173 Madison Ave, New York NY 10016 |
| Building Alternate Address: | 171-173 Madison Ave, New York, NY |
| Zip Code: | 10016 |
| Neighborhood: | Murray Hill |
| Borough: | Manhattan |
| Stories: | 17 |
| Year Built: | 1913 |
| Building Class: | B |
| Block & lot: | 00863-0027 |
171-173 Madison Avenue, also known as the Lewittes Building, is a historic office building in Midtown Manhattan, NYC. Originally completed in 1918, it was designed by architect William H. Gompert. The building is located on the northeast corner of Madison Avenue and 33rd Street, just one block from the iconic Empire State Building.
The property features 136,000 square feet of office space across 17 floors, offering both full-floor and partial-floor occupancies. Renovations were completed in 2017, including updates to the facade and lobby. It boasts a neo-classical brick facade with applied masonry and excellent natural light exposure on three sides.
171 Madison Avenue provides easy access to major transportation hubs, including the 33rd Street subway station for the 4, 5, and 6 lines, and Grand Central Terminal. The area also offers vibrant dining and shopping options nearby, including parts of the Nomad neighborhood.
The building houses a diverse array of tenants from industries such as law, finance, media, and technology.
171-173 Madison Avenue, Manhattan, NYC
171 Madison Avenue, also known as the Lewittes Building, was designed by architect William H. Gompert and originally completed in 1918.
The 17-story office building contains approximately 136,000 square feet of Class B commercial office space with one below-grade floor. It features a neo-classical brick façade with applied masonry and a newly renovated lobby and building entrance completed in 2017.
Located on the northeast corner of Madison Avenue and 33rd Street in the Murray Hill neighborhood, the building offers excellent natural light with exposure on three sides, and floor plans ranging from partial to full floor occupancy.
Its prime Midtown Manhattan location is just one block from the Empire State Building and offers convenient access to multiple public transportation options including:
- Subway lines 4, 5, and 6 at 33rd Street Station
- Subway lines B, D, F, M, N, Q, R, and W at 34th Street-Herald Square Station
- Nearby Grand Central Terminal with connections across the city
The area surrounding 171 Madison Avenue is vibrant with dining options, from Korea Town favorites to the Nomad district's diverse restaurants.
Building Amenities at 171-173 Madison Avenue, Manhattan, NYC
171-173 Madison Avenue is a Class B office building originally completed in 1918 and renovated with a new lobby and updated building entrance and elevators.
- Newly renovated lobby and building entrance
- Three passenger elevators and one freight elevator
- Excellent natural light with exposure on three sides
- 24/7 tenant access
- Fireproof steel construction
- Tenant-controlled package air-cooled HVAC units with perimeter steam and pipe heating
- Double-insulated, operable windows
- Class E fire alarm system with command station and fully sprinklered building
- Security access with guard on duty Monday-Friday 7 am - 8 pm, Saturday 8 am - 5 pm, plus key card access
- Electrical capacity of 6 watts per rentable square foot
- Column spacing of 13 feet and slab-to-slab ceiling heights of 11.5 feet
- Average floor size approximately 8,400 rentable square feet
- Common area cleaning provided Monday through Friday
Convenient location one block from the Empire State Building, near multiple subway lines including 4, 5, 6, B, D, F, M, N, Q, R, and W, with Grand Central Terminal within walking distance.
171 Madison Avenue, located in Midtown Manhattan, is home to a variety of office tenants across different sectors. Notable tenants include:
- Gropper Law Group
- Commerce Coverage
- Moguldom Media Group
- Viceroy Collections
- Aon
- Lawyers Alliance for New York
- 7-Eleven
- Regina’s Pizza
Internet Providers:
- Verizon Fios: fiber-optic, up to 2 Gbps
- Astound Broadband (RCN): cable and fiber, up to 1.5 Gbps
- Spectrum: cable, up to 1 Gbps
- Starry: fixed wireless, up to 1 Gbps
171-173 Madison Avenue is located in Manhattan, NYC, at the northeast corner of Madison Avenue and 33rd Street. It is conveniently situated just one block from the Empire State Building. The building offers easy access to several transportation options:
Public Transportation
- Subway: Access to the 6 train is one block away. Other nearby lines include the 4, 5, B, D, F, M, N, Q, R, and W trains, which are available at 34th Street-Herald Square Station.
- Bus: Several bus lines pass nearby, including M1, M4, M34A-SBS, and more.
- Train: Nearby Grand Central Terminal provides additional rail connections.
Nearest Cross Streets
- 33rd Street
- Madison Avenue
- Park Avenue (one block east)
- Insight Data Science leased 13,027 SF at 215 Lexington Avenue
- The Spector Group leased 13,000 SF at 183 Madison Ave
- JAKKS Pacific Inc. leased 12,083 SF at 11 East 36th St
- Local 272 Welfare & Pension Funds leased 11,872 SF at 220 East 23rd Street
- Chelsea Day School leased 11,400 SF at 319 Fifth Ave
- Bozrock Restaurant leased 8,500 SF at 72 Madison Ave
- Yoga Sutra NYC leased 8,000 SF at 6 East 39th St
- Capital One leased 6,822 SF at 470 Park Avenue South
- Laser & Skin Surgery Center of New York leased 6,654 SF at 317 East 34th St
- New York Golf Center leased 6,500 SF at 100 Park Ave
Recent News About 171-173 Madison Avenue
Vaultus Professional Service Testimonial
To whom it may concern:
I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space.
The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent.
I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely,
Joseph J. Tutrone
Vice President
Vaultus Professional Service
Office Buildings in Murray Hill
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.