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Rent/Lease Office 188-198 Madison Ave

Lease Office 188-198 Madison Ave

$ / SF SF Monthly Rent
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
2,000
$ 6,500
Address $ / SF SF Monthly Rent
E 34th St & Fifth Avenue $ 29
21,800
$ 52,683
Address $ / SF SF Monthly Rent
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Park Ave S & East 31st Street $ 52
4,800
$ 20,800
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
5,900
$ 19,175
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2660 $ 1300 $ 775
Interior office/person $ 1910 $ 800 $ 525
Team Rooms $ 10660 $ 8050 $ 5025
Suites $ 20660 $ 12050 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Lexington Ave & East 31st Street $ 59
11,800
$ 58,016
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street $ 64
3,000
$ 16,000
Fifth Ave & East 36th Street $ 32
4,400
$ 11,916
Park Ave & East 34th Street $ 75
4,000
$ 25,000
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 52
2,400
$ 10,400
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 59
8,400
$ 41,300
Madison Ave & East 37th Street $ 50
7,400
$ 30,833
E 38th St & Fifth Avenue $ 35
7,400
$ 21,583
Lexington Ave & East 33rd Street $ 46
8,300
$ 31,816
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 $ 53
15,000
$ 66,250
Park Ave S & East 31st Street $ 49
7,600
$ 31,033
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 78
4,600
$ 29,900
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
E 38th St & Fifth Avenue $ 37
5,200
$ 16,033
Madison Ave & East 34th Street $ 54
4,200
$ 18,900
Madison Ave & East 31st Street $ 62
5,000
$ 25,833
Madison Ave & East 35th Street $ 42
2,600
$ 9,100
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Lexington Ave & East 33rd Street $ 47
3,100
$ 12,141
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 79
2,200
$ 14,483
Madison Ave & East 37th Street $ 55
2,400
$ 11,000
Madison Ave & East 35th Street $ 42
1,800
$ 6,375
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Address $ / SF 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 SF Monthly Rent
E 38th St & Fifth Avenue $ 36
5,400
$ 16,425
E 33rd St & Fifth Avenue $ 58
3,000
$ 14,375
E 31st St & Madison Avenue $ 44
4,400
$ 16,133
Fifth Ave & East 36th Street $ 41
2,800
$ 9,566
E 32nd St & Between East 32nd Street $ 50
5,500
$ 22,916
E 33rd St & Madison Avenue $ 49
4,100
$ 16,741
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 48
2,000
$ 8,000

Retail Spaces for Rent at 188-198 Madison Ave

Rent Retail 188-198 Madison Ave

$ / SF SF Monthly Rent
Negotiable
3,600
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 188-198 Madison Ave

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 188-198 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 188-198 Madison Avenue and in the nearby Murray Hill neighborhood.
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188-198 Madison Avenue nyc
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188-198 Madison Avenue Property Overview

Building Address: 188-198 Madison Ave, New York NY 10016
Building Name: B. Altman & Co. Building
Building Alternate Address: 188-198 Madison Ave
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:13
Year Built:1914
Building Class:A
Block & lot:00864-7502

The Villard Houses, located on Madison Avenue between 50th and 51st streets, are a set of historic residences in Midtown Manhattan. Commissioned by Henry Villard in the late 19th century, these buildings were designed by McKim, Mead & White in the Roman High Renaissance style. The complex was originally intended as six separate residences surrounding a central courtyard, with the design inspired by Bavarian palaces.

Henry Villard, a prominent figure in the railroad industry, purchased the land in 1881. The construction began shortly after, with the exteriors completed by late 1882. The interiors were also designed by McKim, Mead & White, which was unusual at the time as most interiors were handled by decorators rather than architects.

The Villard Houses have been owned by several notable families, including the Fahnestock and Reid families. In the mid-20th century, the Roman Catholic Archdiocese of New York acquired much of the complex. The buildings were restored during the construction of the Helmsley Palace Hotel from 1978 to 1980.

On the other hand, 198 Madison Avenue, located between 34th and 35th streets, is a historic building that once housed the B.Altman and Co Department Store. Built in 1906, it is known for its architectural significance and has been repurposed as an office condominium.

188-198 Madison Avenue, Manhattan, NYC, is a significant area in Midtown Manhattan. The B. Altman and Company Building, located at 188 Madison Avenue, was once a prominent department store. It spans an entire city block between Fifth Avenue, Madison Avenue, 34th Street, and 35th Street. The building is known for its Italian Renaissance Revival style and features a facade primarily made of French limestone.

198 Madison Avenue, built in 1906, is another notable address. It was formerly the home of the historical B.Altman and Co Department Store. This building is recognized for its architectural significance and strategic location, offering easy access to major transportation hubs like Grand Central Station and New York Penn Station.


188-198 Madison Avenue in Manhattan, NYC, offers several notable amenities:

  • Prime Location: Situated in the heart of Manhattan, providing easy access to major transportation hubs like Grand Central Station and New York Penn Station.
  • Historical Significance: The area is home to the former B. Altman and Company Building, a landmark in Midtown Manhattan.
  • Flexible Spaces: Suitable for office, retail, or medical use, with options for single or multi-tenant configurations.
  • Accessibility: Close proximity to subway lines and bus routes enhances connectivity.
  • Architectural Features: Buildings in this area often feature high ceilings, large windows, and historic architectural details.

Office tenants at 188-198 Madison Avenue in Manhattan include:

  • Rose Associates leased space nearby at 200 Madison Avenue.
  • Other nearby leases include Lightyear Capital Inc. at 375 Fifth Avenue.

Internet Providers at 188-198 Madison Ave, Manhattan, NYC:

  • Verizon Fios: Known for high speeds up to 2 Gbps, reliable service, and competitive pricing starting at $49.99.
  • Spectrum: Offers widespread coverage with speeds up to 1 Gbps, available in most areas of Manhattan.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services with speeds up to 1.5 Gbps, known for low prices and unlimited data.

Location: 188-198 Madison Ave, Manhattan, NYC

Transportation Options:

  • Bus: M1, M2, M3, M4, M42, Q32, BXM4, BM2
  • Subway: 4, 5, M, N, S, B, D, F, FX, 6, 6X
  • Train: BABYLON BRANCH, FAR ROCKAWAY BRANCH, HARLEM, PATH, DANBURY, HUDSON, NEW CANAAN, NEW HAVEN

Cross Streets:

  • Madison Av/E 37 St
  • Madison Av/E 36 St
  • Madison Av/E 38 St
  • Madison Av/E 35 St
  • Madison Av/E 39 St
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza

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Why Optimal Spaces –
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  • Save 15–20% on your business costs.
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Alone or with other broker

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  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
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  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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