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Rent/Lease Office 292 Madison Ave

Lease Office 292 Madison Ave

$ / SF SF Monthly Rent
$ 73
7,200
$ 43,800
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 72
6,000
$ 35,750
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & East 44th Street $ 65
13,500
$ 73,125
Third Ave & East 39th Street $ 35
49,100
$ 143,208
Lexington Ave & East 43rd Street $ 54
12,900
$ 58,587
5th Ave & East 44th Street $ 70
9,600
$ 55,600
Park Ave & East 45th Street $ 100
9,700
$ 80,833
E 42nd St & Lexington Avenue $ 40
55,700
$ 183,345
Address $ / SF SF Monthly Rent
Park Ave & East 39th Street $ 99
4,200
$ 34,650
Fifth Ave & East 44th Street $ 50
3,300
$ 13,750
E 42nd St & Lexington Avenue $ 49
4,800
$ 19,600
5th Ave & East 44th Street $ 70
7,000
$ 40,541
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 40
10,300
$ 34,333
Lexington Ave & East 41st Street $ 25
7,300
$ 15,056
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
E 42nd St & Lexington Avenue $ 51
4,800
$ 20,400
Lexington Ave & East 41st Street $ 26
5,600
$ 12,250
Madison Ave & East 40th Street $ 59
4,200
$ 20,562
E 41st St & Fifth Avenue $ 47
2,700
$ 10,575
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Lexington Ave & East 40th Street $ 42
2,100
$ 7,262
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
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
Vanderbilt Ave & East 43rd Street $ 125
15,800
$ 164,583
Fifth Ave & East 46th Street $ 69
11,400
$ 65,550
Park Ave & East 41st Avenue $ 175
12,200
$ 177,916
Lexington Ave & East 42nd Street $ 69
7,400
$ 42,550
Third Ave & East 40th Street $ 60
27,700
$ 138,500
Park Ave & East 39th Street $ 105
12,400
$ 108,500
E 42nd St & Lexington Avenue $ 69
28,500
$ 163,875
Fifth Ave & East 40th Street $ 85
11,200
$ 79,333
Madison Ave & East 45th Street $ 85
14,200
$ 100,583
E 42nd St & Madison Avenue $ 84
12,700
$ 88,900
Address $ / SF SF Monthly Rent
Park Ave & East 40th Street $ 98
3,200
$ 26,133
E 45th St & Lexington Avenue $ 81
4,300
$ 29,025
Lexington Ave & East 42nd Street $ 67
4,000
$ 22,333
Third Ave & East 42nd Street $ 70
5,500
$ 32,083
E 42nd St & Lexington Avenue $ 58
4,100
$ 19,816
Vanderbilt Ave & East 44th Street $ 49
5,300
$ 21,641
Third Ave & East 41st Street $ 55
5,100
$ 23,375
Third Ave & East 41st Street $ 70
4,800
$ 28,000
Third Ave & Between East 44th Street $ 65
4,800
$ 26,000
Third Ave & East 46th Street $ 62
4,100
$ 21,183
Third Ave & East 39th Street $ 70
4,700
$ 27,416
Address $ / SF SF Monthly Rent
E 45th St & Lexington Avenue $ 75
2,400
$ 15,000
Lexington Ave & East 42nd Street $ 61
1,500
$ 7,625
Park Ave & East 41st Street $ 85
2,300
$ 16,291
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Address $ / SF SF Monthly Rent
Fifth Ave & East 42nd Street $ 58
7,400
$ 35,766
E 42nd St & Park Avenue $ 59
9,700
$ 47,691
E 42nd St & Lexington Avenue $ 64
8,400
$ 45,150
Madison Ave & East 40th Street $ 65
14,600
$ 79,083
Vanderbilt Ave & East 44th Street $ 81
8,100
$ 54,675
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
E 44th St & Third Avenue $ 58
8,400
$ 40,600
E 45th St & Third Avenue $ 48
7,100
$ 28,400
Madison Ave & East 40th Street $ 58
16,000
$ 78,000
Address $ / SF SF Monthly Rent
E 45th St & Third Avenue $ 48
5,000
$ 20,000
Madison Ave & East 40th Street $ 56
6,900
$ 32,200
E 44th St & Third Avenue $ 48
4,500
$ 18,000
E 41st St & Fifth Avenue $ 50
4,000
$ 16,666
E 42nd St & Park Avenue $ 66
6,700
$ 36,850
Madison Ave & East 40th Street $ 76
3,600
$ 22,950
Madison Ave & East 41st Avenue $ 58
5,700
$ 27,312
Madison Ave & East 41st Avenue $ 62
2,600
$ 13,541
Lexington Ave & East 41st Street $ 62
3,700
$ 18,962
Vanderbilt Ave & East 44th Street $ 52
4,000
$ 17,166
Fifth Ave & East 45th Street $ 84
6,800
$ 47,600
Third Ave & Between East 44th Street $ 68
4,800
$ 27,000
E 42nd St & Lexington Avenue $ 56
3,300
$ 15,537
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue $ 132
2,000
$ 22,000
Madison Ave & East 41st Avenue $ 55
2,000
$ 9,166
Lexington Ave & East 40th Street $ 43
2,100
$ 7,525
Fifth Ave & East 42nd Street $ 60
1,600
$ 8,000
Lexington Ave & East 44th Street $ 55
1,500
$ 6,875
E 42nd St & Lexington Avenue $ 61
2,200
$ 11,183
E 42nd St & Madison Avenue $ 69
2,100
$ 12,075
Second Ave & East 43rd Street $ 59
2,300
$ 11,308
Madison Ave & East 39th Street $ 52
1,900
$ 8,233
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,016
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 39
7,900
$ 25,675
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 85
6,000
$ 42,500
E 40th St & Lexington Avenue $ 50
3,000
$ 12,500
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,733

Retail Spaces for Rent at 292 Madison Ave

Rent Medical Space at 292 Madison Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 292 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 292 Madison Avenue and in the nearby Grand Central neighborhood.
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292 Madison Avenue Property Overview

Building Address: 292 Madison Ave, New York NY 10017
Building Name: The Madison's at Grand Central
Building Alternate Address: 292 Madison Ave
Zip Code:10017
Neighborhood:Grand Central
Borough:Manhattan
Stories:26
Year Built:1923
Building Class:A
Block & lot:01275-0059

292 Madison Avenue, Manhattan, NYC

292 Madison Avenue, located in the Murray Hill neighborhood of Manhattan, is a historic building constructed in 1923. Designed by Augustus N. Allen, it stands as a prominent Art Deco structure at the southwest corner of East 41st Street and Madison Avenue.

Originally built during the architectural boom of the 1920s, the building has been a significant part of New York City's skyline for nearly a century. Over the years, it has undergone several transformations to maintain its allure and functionality.

One of the most notable renovations occurred when Vanbarton Group purchased the building for $180 million from the Marciano brothers in 2016. The renovation aimed to modernize the building's lobby and interior spaces while preserving its historical aesthetic. The lobby was updated with white stone walls and revitalized marble flooring, creating a modern yet timeless look.

The building's façade, featuring limestone and brick, retains its original charm, enhanced by a contemporary lighting system designed by The Lighting Practice. This system uses white LEDs to highlight the building's Art Deco details, making it a visually striking landmark.

In recent years, the building's ownership has changed hands again, with a purchase price of $90,486,071 in 2024. Today, 292 Madison Avenue is valued at $73,728,000 according to tax assessments, reflecting its enduring value in Manhattan's commercial real estate landscape.

292 Madison Avenue, located in the heart of Manhattan, NYC, is a prominent commercial building with multiple addresses such as 292 Madison Avenue and 26-28 E 41st St. Situated in the Murray Hill neighborhood, it was originally built in 1923 and features 24 stories with 26 commercial units. The property underwent alterations in 1990 and more recent renovations. Its strategic location is just steps away from major landmarks like Grand Central Terminal and Bryant Park, offering excellent connectivity via public transport.


Building Amenities at 292 Madison Avenue, Manhattan, NYC

292 Madison Avenue is a Class A office building with 26 floors, located between East 40th and 41st Streets in the Murray Hill neighborhood of Midtown Manhattan.

  • Newly renovated lobby with 24/7 lobby attendant
  • All-new capital improvements including refurbished entry and lobby areas
  • Sophisticated building technology and advanced building systems
  • High-end pantries on floors for tenant use
  • Industrial-style exposed steel columns and open ceilings with exposed ductwork
  • Polished concrete floors with above standard ceiling heights
  • Operable windows providing natural ventilation
  • Tenant-controlled HVAC systems allowing customized comfort
  • Private restrooms within tenant spaces
  • Proximity to Grand Central Terminal and Bryant Park
  • Close access to multiple subway lines and extensive public transportation
  • Multiple fiber internet providers offering up to 10 Gb/s download and upload speeds

292 Madison Avenue in Manhattan, NYC, is a prominent office building featuring 24 stories with a total of 170,230 square feet of office space. The building, constructed in 1923, has been home to several notable tenants. Some of the known tenants include:

IDG Tech Network, CFA Institute, Spark44, Getty Realty Corp., and Library. The property is recognized for its prime location in the Murray Hill neighborhood, making it a sought-after destination for businesses.

The building has experienced significant transactions over the years, including a recent sale in October 2024 for approximately $90 million, highlighting its value in the Manhattan real estate market.


Internet Providers at 292 Madison Ave, Manhattan, NYC

292 Madison Avenue, located in Manhattan, NYC, is serviced by several high-speed internet providers with a focus on fiber-optic connectivity.

Provider Technology Max Download Speed Max Upload Speed Starting Plan Price
Verizon Fios Fiber Up to 2.3 Gbps Symmetrical speeds From $49.99/month
Astound Broadband (formerly RCN) Fiber and Cable Up to 1.5 Gbps Unlimited data usage From $35/month
Spectrum Cable and Fiber Up to 1 Gbps Standard cable upload speeds From $30/month
Lightower Fiber Up to 10 Gbps Up to 10 Gbps Contact for pricing
Level 3 Communications Fiber Up to 10 Gbps Up to 10 Gbps Contact for pricing
Cablevision/Lightpath Fiber Up to 10 Gbps Up to 10 Gbps Contact for pricing
Stealth Communications Fiber Up to 10 Gbps Up to 10 Gbps Contact for pricing
Pilot Fiber Fiber Up to 10 Gbps Up to 10 Gbps Contact for pricing

For businesses or tenants requiring the fastest fiber-optic connections, providers like Lightower, Level 3 Communications, Cablevision/Lightpath, Stealth Communications, and Pilot Fiber offer up to 10 Gbps symmetrical speeds.

For typical office use and residential needs, Verizon Fios, Astound Broadband, and Spectrum provide reliable and competitively priced plans with speeds ranging from 1 Gbps up to 2.3 Gbps fiber connections and cable options.


292 Madison Ave, located in Manhattan, NYC, is situated near major public transportation options. It is positioned between East 41st Street and East 42nd Street.

Nearest Public Transportation:

  • Buses: BM2, BXM4, M103, M42, Q32, QM18, QM24, BXM10, M1, M2
  • Trains: Metro-North Railroad at Grand Central Terminal (Harlem Line, Hudson Line, New Haven Line) and Long Island Rail Road (Babylon Branch, Far Rockaway Branch, Hempstead Branch, Port Jefferson Branch, Port Washington Branch)
  • Subway: 4, 5, 6, 7 trains at Grand Central-42 Street and B, D, F, M trains at 42 Street-Bryant Park

Distance to Key Points:

  • Grand Central Terminal: 2 minutes walk
  • LaGuardia Airport: 17 minutes by car
  • Newark Liberty International Airport: 21 minutes by car
  • John F Kennedy International Airport: 26 minutes by car

Innisfree Mergers and Acquisitions Testimonial

Innisfree Mergers and Acquisitions testimonial
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

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.

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