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Rent 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 |
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| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 37th St & Fifth Avenue | $ 43 | 5,100 |
$ 18,275 |
| 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 | $ 2100 | $ 2124 | $ 775 |
| Interior office/person | $ 1350 | $ 1624 | $ 525 |
| Team Rooms | $ 10100 | $ 8874 | $ 5025 |
| Suites | $ 20100 | $ 12874 | $ 7025 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 31st Street | $ 64 | 3,000 |
$ 16,000 |
| Fifth Ave & East 36th Street | $ 34 | 4,400 |
$ 12,466 |
| Park Ave & East 34th Street | $ 76 | 4,000 |
$ 25,500 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 36th Street | $ 51 | 2,400 |
$ 10,200 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 33rd Street | $ 60 | 8,400 |
$ 41,650 |
| Fifth Ave & East 37th Street | $ 50 | 11,000 |
$ 46,291 |
| Lexington Ave & East 33rd Street | $ 46 | 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 | 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 | $ 56 | 4,200 |
$ 19,425 |
| 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 |
| Fifth Ave & East 36th Street | $ 43 | 2,800 |
$ 10,033 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 33rd Street | $ 78 | 2,200 |
$ 14,300 |
| Madison Ave & East 37th Street | $ 55 | 2,400 |
$ 11,000 |
| Madison Ave & East 35th Street | $ 42 | 1,800 |
$ 6,225 |
| Fifth Ave & East 36th Street | $ 38 | 1,800 |
$ 5,700 |
| Address | $ / SF | SF | Monthly Rent |
|---|
| 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 | $ 47 | 2,000 |
$ 7,833 |
Tenant Broker’s Perspective: office buildings being demolished or converted to residential 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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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.
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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