Expert Tenant Broker
We represent you, not the landlord
Rent/Lease Office 237-239 Madison Avenue, New York, NY
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 33rd Street | $ 59.5 | 8,400 |
$ 41,650 |
| Madison Ave & East 37th Street | $ 49 | 7,400 |
$ 30,216 |
| E 38th St & Fifth Avenue | $ 36.5 | 7,400 |
$ 22,508 |
| 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 33rd Street | $ 77 | 4,600 |
$ 29,516 |
| 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 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 33rd Street | $ 79 | 2,200 |
$ 14,483 |
| 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 237-239 Madison Avenue
Rent Retail 237-239 Madison Avenue
Rent Medical Space at 237-239 Madison Avenue
- BDO Seidman leased 121,441 SF at 100 Park Ave
- The United Nations leased 120,000 SF at 730 Third Ave
- Convene leased 116,000 SF at 530 Fifth Avenue
- WeWork leased 115,000 SF at 149 Madison Avenue
- McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
- TBWA Worldwide leased 107,308 SF at 488 Madison Ave
- KPMG LLP leased 102,979 SF at 560 Lexington Ave
- Bonnier Corp. leased 100,750 SF at 2 Park Ave
- Crain Communications leased 100,000 SF at 711 Third Ave
- Pernod Ricard USA, Inc. leased 97,444 SF at 250 Park Ave
- Le Pain Quotidien leased 6,050 SF at 3 Park Ave
- Brooks Brothers leased 6,000 SF at 11 East 44th St
- National Basketball Association leased 6,000 SF at 590 Fifth Ave
- Designer Bargain Store leased 5,800 SF at 417 Fifth Ave
- Fine & Rare leased 5,702 SF at 9 East 37th Street
- Lex Dees Stores Inc. leased 5,372 SF at 420 Lexington Ave
- Sephora leased 5,316 SF at 300 Madison Avenue
- Wells Fargo leased 4,700 SF at 535 Madison Avenue
- Joseph Abboud leased 4,600 SF at 424 Madison Ave
- Daum Inc.; Haviland Inc. leased 4,500 SF at 499 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
237-239 Madison Avenue, New York, NY Property Overview
| Building Address: | 237-239 Madison Avenue, New York NY 10016 |
| Building Name: | Morgans |
| Building Alternate Address: | 237-239 Madison Ave, New York, NY |
| 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
- BDO Seidman leased 121,441 SF at 100 Park Ave
- The United Nations leased 120,000 SF at 730 Third Ave
- Convene leased 116,000 SF at 530 Fifth Avenue
- WeWork leased 115,000 SF at 149 Madison Avenue
- McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
- TBWA Worldwide leased 107,308 SF at 488 Madison Ave
- KPMG LLP leased 102,979 SF at 560 Lexington Ave
- Bonnier Corp. leased 100,750 SF at 2 Park Ave
- Crain Communications leased 100,000 SF at 711 Third Ave
- Pernod Ricard USA, Inc. leased 97,444 SF at 250 Park Ave
- Le Pain Quotidien leased 6,050 SF at 3 Park Ave
- Brooks Brothers leased 6,000 SF at 11 East 44th St
- National Basketball Association leased 6,000 SF at 590 Fifth Ave
- Designer Bargain Store leased 5,800 SF at 417 Fifth Ave
- Fine & Rare leased 5,702 SF at 9 East 37th Street
- Lex Dees Stores Inc. leased 5,372 SF at 420 Lexington Ave
- Sephora leased 5,316 SF at 300 Madison Avenue
- Wells Fargo leased 4,700 SF at 535 Madison Avenue
- Joseph Abboud leased 4,600 SF at 424 Madison Ave
- Daum Inc.; Haviland Inc. leased 4,500 SF at 499 Park Ave
TPG Rewards Testimonial
To whom it may concern,
This letter is written in support of Mr. Stephen Sunderland.
Mr. Sunderland acted as our advisor and broker in our recent search for office space in Manhattan. From our first meeting Mr. Sunderland sought to understand our location, price, office layout and square footage needs. He closely accessed our initial needs, and made realistic suggestions to improve on them. The true measure of Mr. Sunderland's professionalism is that he delivered listings, and ultimately a deal, that closely related to our initial wishes and needs. Throughout our relationship he gave us sound advice as to the pros and cons of each location, and later on how to best work with the landlord in order to create an amicable deal.
Mr. Sunderland is a knowledgeable real estate professional who I recommend without any reservation.
Sincerely,
John S Galinos,President and CEO,
TPG Rewards Inc,
111 John Street,27th Floor
New York, NY 10038.
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.