Rent Office 232 Madison Avenue

Lease Office - 232 Madison Ave

$ / SF SF Monthly Rent
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 64
3,300
$ 17,600
$ / SF SF Monthly Rent
$ 55
2,400
$ 11,000

Rent Sublease Office - 232 Madison Ave

$ / SF SF Monthly Rent
Negotiable
9,600
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1365 $ 775
Interior office/person $ 1350 $ 865 $ 525
Team Rooms $ 10100 $ 8115 $ 5025
Suites $ 20100 $ 12115 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street Negotiable
7,200
Negotiable
Madison Ave & East 35th Street Negotiable
18,600
Negotiable
Park Ave & East 34th Street Negotiable
9,400
Negotiable
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street Negotiable
2,500
Negotiable
Park Ave & East 34th Street Negotiable
2,800
Negotiable
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street Negotiable
1,900
Negotiable
Park Ave & East 34th Street Negotiable
1,800
Negotiable
E 37th St & Between Tunnel Approach Street Negotiable
1,900
Negotiable
Address $ / SF SF Monthly Rent
E 32nd St & Between 5th Avenue Negotiable
16,000
Negotiable
Park Ave S & East 32nd Street Negotiable
9,900
Negotiable
Park Ave S & East 31st Street Negotiable
7,500
Negotiable
Fifth Ave & East 36th Street $ 42
7,800
$ 27,300
Madison Ave & East 31st Street Negotiable
15,000
Negotiable
Address $ / SF SF Monthly Rent
E 38th St & Fifth Avenue Negotiable
5,200
Negotiable
Madison Ave & East 31st Street Negotiable
5,000
Negotiable
Madison Ave & East 35th Street Negotiable
3,000
Negotiable
Fifth Ave & East 32nd Street Negotiable
3,800
Negotiable
Lexington Ave & East 31st Street Negotiable
4,300
Negotiable
Park Ave S & East 31st Street Negotiable
5,200
Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & East 32nd Street Negotiable
2,200
Negotiable
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Address $ / SF SF Monthly Rent
E 33rd St & Madison Avenue Negotiable
13,000
Negotiable
E 32nd St & Park Avenue Negotiable
7,200
Negotiable
Address $ / SF SF Monthly Rent
E 38th St & Fifth Avenue Negotiable
5,400
Negotiable
E 33rd St & Fifth Avenue $ 60
3,000
$ 15,125
E 31st St & Madison Avenue Negotiable
4,400
Negotiable
Fifth Ave & East 36th Street Negotiable
2,800
Negotiable
E 32nd St & Between East 32nd Street $ 54
5,500
$ 24,750
E 33rd St & Madison Avenue $ 53
4,100
$ 18,108
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue Negotiable
2,000
Negotiable
E 33rd St & Madison Avenue Negotiable
2,400
Negotiable

Retail Spaces for Rent

Rent Retail - 232 Madison Ave

$ / SF SF >Monthly Rent
Negotiable
4,500
Negotiable
$ / SF SF >Monthly Rent
Negotiable
1,700
Negotiable
$ / SF SF >Monthly Rent

Rent Retail - 232 Madison Ave

$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Nearby retail Spaces for Rent

Address $ / SF SF Monthly Rent
Park Ave & East 32nd Street Negotiable
3,200
Negotiable
Park Ave S & East 31st Street Negotiable
3,400
Negotiable
Park Ave & East 34th Street $ 120
6,700
$ 67,000
5th Ave & Between East 30th Street Negotiable
7,700
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
5th Ave & Between East 30th Street Negotiable
900
Negotiable
Address $ / SF SF Monthly Rent
E 34th St & Fifth Avenue Negotiable
13,500
Negotiable
Fifth Ave & East 36th Street Negotiable
16,800
Negotiable
Madison Ave & East 31st Street Negotiable
3,000
Negotiable
Park Ave S & East 32nd Street Negotiable
7,500
Negotiable
E 32nd St & Between Lexington Avenue Negotiable
9,400
Negotiable
E 31st St & Between Lexington Negotiable
14,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 120
1,100
$ 11,000
Madison Ave & East 31st Street Negotiable
1,500
Negotiable
Madison Ave & East 33rd Street Negotiable
1,000
Negotiable
Park Ave S & East 32nd Street Negotiable
1,000
Negotiable
Fifth Ave & East 31st Street Negotiable
1,600
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 31st Street Negotiable
1,000
Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 42
2,800
$ 9,916
E 33rd St & Madison Avenue $ 72
7,500
$ 45,312
Fifth Ave & Between Fifth Avenue Negotiable
5,100
Negotiable
Address $ / SF SF Monthly Rent
E 33rd St & Madison Avenue Negotiable
1,400
Negotiable
Address $ / SF SF Monthly Rent

Rent Medical Space

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby medical Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 37th St & Between Tunnel Approach Street Negotiable
3,100
Negotiable
Address $ / SF SF Monthly Rent
E 37th St & Between Tunnel Approach Street $ 44
2,700
$ 9,900
Address $ / SF SF Monthly Rent
Fifth Ave & West 33rd Street $ 65
8,000
$ 43,333
E 32nd St & Between Lexington Avenue Negotiable
5,500
Negotiable
Address $ / SF SF Monthly Rent
Lexington Ave & East 33rd Street $ 48
4,900
$ 19,804
E 34th St & Between Tunnel Approach Street Negotiable
4,500
Negotiable
E 32nd St & Between Lexington Avenue Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 39
2,200
$ 7,150
Park Ave S & East 31st Street $ 55
2,500
$ 11,458
E 36th St & Lexington Avenue $ 68
1,500
$ 8,562
E 34th St & Between Tunnel Approach Street Negotiable
2,900
Negotiable
E 32nd St & Between Lexington Avenue Negotiable
2,000
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 32nd St & Madison Avenue Negotiable
3,800
Negotiable
Address $ / SF SF Monthly Rent
232 Madison Avenue nyc
Thank you! we will be in touch.

Before you go please fill:


Lease 232 Madison Avenue

Rent 232 Madison Avenue Property Overview

Bulding Address: 232 Madison Ave, New York NY 10016
Building Alternate address: 232 Madison Ave
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:16
Year Built:1925
Building Class:B
Block & lot:00867-0015

History of 232 Madison Avenue, Manhattan, NYC

232 Madison Avenue is a 16-story Neo-Gothic office building completed in 1925, designed by the architectural firm Polhemus & Coffin. It stands at the northwest corner of Madison Avenue and East 37th Street in the Midtown Manhattan neighborhood.

The site was formerly the location of a four-story brick residence owned by Helen Hartley Jenkins, daughter of multi-millionaire Marcellus Hartley. As the Murray Hill area transitioned from a high-end residential district to a busy commercial hub in the early 1920s, the mansion was demolished to make way for the new building. Construction began after Helen Jenkins leased the property to real estate operators Arthur Greenbaum and Nathan Wilson in 1924, with the building completed by early 1926.

The building was originally intended to house firms related to the silk industry, reflecting the neighborhood's role as a silk industry center. However, by the early 1930s, the shift away from silk was evident as advertising and publishing companies became the primary tenants. Notable early tenants included Edwin Alendelson Advertising and Farrar & Rinehart publishers.

Architecturally, 232 Madison Avenue represents a successful blend of Gothic and Art Deco styles. The facade features a two-story stone base with large show windows separated by faceted engaged columns topped with medieval capitals, creating the visual effect of pointed Gothic arches. Above the base, cream-colored brick and angled piers emphasize verticality, with Art Deco buttresses and Gothic motifs such as quatrefoils and heraldic shields adding distinctive character.

The building's facade has remained largely intact since its completion, including the original ground floor storefront entrances and architectural detailing. Interior modernizations have been undertaken over time, notably a renovation in 2009 that carefully preserved the unusual Deco-Gothic blend while updating windows, elevators, and hallways. The facade underwent a full restoration in 2015 to maintain its historic appearance.

Over the decades, the tenant mix evolved from silk companies to publishing, advertising, and diverse commercial uses. By the mid-20th century, it housed mostly publishing and advertising offices, with the ground floor used for various retail and service purposes, including a reading room for the First Church of Christ, Scientist. Today, it remains a prominent office building with notable views of the Empire State Building and Madison Avenue.

232 Madison Avenue

Also known as 15 East 37th Street
Midtown South, New York, NY 10016
  • Built: 1925
  • Floors: 16
  • Square Footage: 130,000 SF
  • Architecture: NeoGothic design by Polhemus & Coffin
  • Features: Buttresses, gargoyles, quatrefoils, Empire State Building views
  • Renovation: Modernized in 2009 with upgraded elevators/windows
  • Transport: Near 4/5/6/B/D/F/M trains
  • Access: 24/7 secure entry
  • Neighborhood: Between Madison & Fifth Avenues

Historic silk industry hub transformed into modern workspace with 4,000-9,000 SF floor plates.


232 Madison Avenue offers a range of amenities, including:

  • Modern Elevators: Enhanced comfort and efficiency.
  • Fresh Windows: Providing ample natural light and views.
  • 24/7 Access: Security and flexibility for all occupants.
  • Power Views: Stunning perspectives of NYC landmarks, including the Empire State Building.
  • On-site Property Management: Professional service to address building needs.
  • Attended Lobby: Enhanced security and service.
  • Wood Floors and Spacious Lobby: Elegant interior design features.
  • Outstanding Public Transport: Convenient access to multiple subway lines and Grand Central Station.

232 Madison Avenue, Manhattan, NYC Office Tenants

The building at 232 Madison Avenue in Manhattan's Murray Hill area is home to a diverse group of tenants, including:

  • Russian Standard Vodka
  • InfoPro Digital USA
  • Premier Technology Solutions
  • Princeton International Properties
  • Mohr Partners
  • The First National Bank of Long Island
  • Maple Press

This historic site was initially a hub for the silk industry and later evolved into a creative office space, blending architectural charm with modern functionality.


Internet providers available at 232 Madison Avenue include:

  • Verizon Fios: Offers high-speed fiber internet with speeds up to 2 Gbps, reliable service, and competitive pricing.
  • Lightower: Provides fiber internet with speeds up to 10 Gbps for both download and upload.
  • Level 3 Communications: Offers fiber internet with symmetrical speeds of up to 10 Gbps.
  • Cablevision/Lightpath: Delivers fiber internet with speeds of up to 10 Gbps for both download and upload.

232 Madison Avenue, Manhattan, NYC

Location & Cross Streets

232 Madison Avenue is located in the Murray Hill neighborhood of Manhattan, near the intersection of Madison Avenue and East 40th Street.

Nearby Cross Streets

  • Madison Avenue & East 33rd Street
  • Madison Avenue & East 38th Street
  • Madison Avenue & East 39th Street
  • Madison Avenue & East 40th Street
  • Madison Avenue & East 41st Street
  • East 42nd Street & Madison Avenue
  • 5th Avenue & East 40th Street

Transportation Options

Convenient access to multiple subway lines is available within walking distance:

  • Subway Lines: B, D, F, M (Herald Square - ~8 minutes walk)
  • Subway Lines: 4, 5, 6, 7 (Grand Central Station - ~5 minutes walk)

Additional subway lines within proximity include the N, R, S, and 6X lines near Madison Avenue and 42nd Street.

Grand Central Terminal provides access to:

  • Metro-North Railroad
  • Amtrak

Bus Services Near 232 Madison Avenue

  • BM2, BM5, BXM4
  • M15-SBS, M42, M55
  • Q32, QM40

Nearby Bus Stops

  • Madison Av/E 40 St (1 min walk)
  • Madison Av/E 39 St (2 min walk)
  • Madison Av/E 42 St (2 min walk)
  • East 42nd St & Madison Ave (2 min walk)

Rent Office - 232 Madison Avenue Average

Year $ / SF
2018 53.22
2019 57.29
2021 48.32
2022 42.0
Year$ / SF

Panelz USA Testimonial

Panelz USA testimonial

We love a challenge!

Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

Buildings Offices in Murray Hill

Find My Space!

join our mailing list

Thank you! we will be in touch.
Please enter a valid email address is required. Your email is required to be at least 3 characters That is not a valid email. Please input a valid email. Your email cannot be longer than 20 characters
Please enter a valid email address is required.