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Rent/Lease Office 237-239 Madison Avenue

$ / 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 $ 40
2,000
$ 6,583
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
$ 21,000
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
Interior office/person
Team Rooms
Suites

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
$ 31,141
E 38th St & Fifth Avenue $ 36
7,400
$ 21,891
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 $ 54
15,000
$ 66,875
Park Ave S & East 31st Street $ 50
7,600
$ 31,350
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 78
4,600
$ 30,091
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
E 38th St & Fifth Avenue $ 38
5,200
$ 16,250
Madison Ave & East 34th Street $ 54
4,200
$ 18,900
Madison Ave & East 31st Street $ 62
5,000
$ 26,041
Madison Ave & East 35th Street $ 42
2,600
$ 9,208
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Lexington Ave & East 33rd Street $ 48
3,100
$ 12,270
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 $ 37
5,400
$ 16,650
E 33rd St & Fifth Avenue $ 58
3,000
$ 14,500
E 31st St & Madison Avenue $ 44
4,400
$ 16,316
Fifth Ave & East 36th Street $ 42
2,800
$ 9,683
E 32nd St & Between East 32nd Street $ 50
5,500
$ 23,145
E 33rd St & Madison Avenue $ 50
4,100
$ 16,912
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 48
2,000
$ 8,000

Retail Spaces for Rent at 237-239 Madison Avenue

Rent Medical Space at 237-239 Madison Avenue

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 237-239 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 237-239 Madison Avenue and in the nearby Murray Hill neighborhood.
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237-239 Madison Avenue Property Overview

Building Address: 237-239 Madison Avenue, New York NY 10016
Building Name: Morgans
Building Alternate Address: 237-239 Madison Ave
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:17
Year Built:1926
Building Class:B

237-239 Madison Avenue in Manhattan, NYC, is a significant property with a rich history. The building is situated in the Murray Hill neighborhood and was built in 1926. It spans an impressive area of 71,043 square feet, making it a substantial presence on Madison Avenue.

Historically, this property has been involved in several significant transactions. Notable sales include a $22.11 million sale in 1998, followed by a dramatic increase to $46.07 million in 2011. More recently, it was sold for approximately $37 million in 2017. The property taxes have also seen fluctuations, reflecting its substantial value.

The neighborhood around 237-239 Madison Avenue has evolved over time, retaining its charm and upscale amenities. However, specific details about the building's architectural significance or historical events beyond its sales history are not readily available in public records.

237-239 Madison Avenue, Manhattan, NYC

This property, located in the Murray Hill neighborhood of Manhattan, New York, is known for being a single-family home with a total area of 71,043 square feet. It was built in 1926 on a 4,975 sqft lot and has been valued at approximately $18,853,300. However, it is also recognized as a 17-story office building, offering various business spaces within the same address.

It is situated in an area rich with world-class dining, shopping, and entertainment options, including proximity to Bryant Park and numerous iconic landmarks.

The building is part of the New York City Geographic School District 02 and New York County, ensuring access to quality educational institutions.

Additionally, nearby residential options, such as No. 237 Madison Avenue, offer luxury living with condo-grade renovations and bespoke amenities, showcasing the area's vibrant living environment.


237 Madison Avenue Amenities

  • Concierge: Friendly and attentive concierge service available.
  • Doorman: Available for enhanced security and service.
  • Elevator: Convenient access to all floors.
  • Fitness Center: Equipped with modern gym facilities, including Peloton bikes.
  • Cathedral Lounge Room: A serene space for relaxation.
  • 3 Rooftop Terraces: Offering stunning views of Midtown South and the Empire State Building.
  • Resident Super: Dedicated staff member available for assistance.
  • Access to Shared Working Space: For residents' professional needs.
  • Responsive Management Team: Ensures prompt attention to residents' inquiries.
  • Package Room: Secure area for receiving and storing packages.
  • Laundry Facilities: Shared laundry facilities available in the building.
  • Live-in Super: Provides continuous support and maintenance.

237-239 Madison Avenue, located in the Murray Hill neighborhood of Manhattan, is a 17-story office building constructed in 1926. It offers a range of office spaces for rent and lease, with varying square footage and monthly rent prices.

The building is classified as a Class B office building and has a total area of approximately 71,043 square feet. It is situated in a bustling neighborhood with access to major transportation lines and amenities.

Office spaces in the area are available for rent, with options ranging from windowed offices to interior spaces. Prices vary based on the class of the office and the requesting tenant's needs.

The area is known for its mix of residential and commercial properties, making it a vibrant and dynamic location for businesses. Nearby attractions include shopping and dining options, as well as iconic city landmarks.


Internet providers at 237-239 Madison Avenue, Manhattan, NYC:

  • Verizon Fios: Known for high-speed fiber-optic internet, offering symmetrical download and upload speeds up to 2 Gbps.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps, suitable for streaming and gaming.
  • Astound Broadband (powered by RCN): Offers both cable and fiber services with speeds reaching up to 1.5 Gbps.
  • Optimum: Offers speeds up to 8 Gbps in select areas.
  • T-Mobile Fiber: Could be available depending on specific building coverage.

237-239 Madison Avenue is located in the heart of Midtown Manhattan, offering excellent access to public transportation.

Nearest Subway Stations:

  • Grand Central-42 St (4, 5, 6, S, 7 trains)
  • 34 St-Herald Sq (B, D, F, M, N, Q, R, W trains)

Bus Stops:

  • Madison Av/E 37 St
  • Madison Av/E 36 St
  • Madison Av/E 38 St

Nearest Train Stations:

  • Grand Central Terminal (Hudson, PATH trains)

Address: 237-239 Madison Avenue, New York, NY 10016

Cross Streets: E 37 St and E 38 St


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Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • 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.

Office Buildings by Class in Murray Hill

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