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Rent/Lease Office 501-505 Madison Ave

Lease Office 501-505 Madison Ave

$ / SF SF Monthly Rent
$ 70
8,000
$ 46,666
Please notify me when a new space is available
$ / SF SF Monthly Rent
Negotiable
4,100
Negotiable
$ / SF SF Monthly Rent

Rent Sublease Office at 501-505 Madison Ave

$ / SF SF Monthly Rent
Negotiable
8,900
Negotiable
$ / SF SF Monthly Rent
Negotiable
3,600
Negotiable
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Fifth Ave & West 55th Street West 56th Street $ 80
12,900
$ 86,000
W 57th St & Avenue of the Americas $ 112
25,000
$ 232,291
Madison Ave & East 54th Street $ 62
11,300
$ 58,383
Avenue Of The Americas & West 47th Street $ 57
10,000
$ 47,500
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
Address $ / SF SF Monthly Rent
Park Ave & East 50th Street $ 85
4,800
$ 34,000
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Park Ave & East 54th Street $ 66
4,000
$ 22,166
W 52nd St & Between 5th Avenue $ 90
4,100
$ 30,579
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 76
2,200
$ 13,841
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of America $ 531
5,100
$ 225,675
Address $ / SF SF Monthly Rent
W 57th St & Avenue of America $ 532
2,300
$ 102,062
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
E 49th St & Fifth Avenue $ 94
16,000
$ 125,333
Park Ave & East 48th Street $ 105
13,700
$ 119,875
Park Ave & East 50th Street $ 150
14,600
$ 182,500
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Rockefeller Plz & West 50th Street $ 92
13,800
$ 105,800
Madison Ave & East 60th Street $ 165
15,300
$ 210,375
Madison Ave & East 53rd Street East 52nd Street $ 170
11,400
$ 161,500
Madison Ave & East 56th Street $ 105
13,100
$ 114,625
Fifth Ave & West 52nd Street $ 93
11,300
$ 87,575
Third Ave & East 49th Street $ 89
11,200
$ 83,066
Park Ave & East 47th Street $ 130
11,100
$ 120,250
E 59th St & Park Avenue $ 95
13,300
$ 105,291
Madison Ave & East 49th Street $ 79
18,900
$ 124,425
Madison Ave & East 55th Street $ 130
7,800
$ 84,500
Fifth Ave & East 46th Street $ 84
14,600
$ 102,200
E 55th St & Madison Avenue $ 130
10,900
$ 118,083
Fifth Ave & West 55th Street West 56th Street $ 98
9,700
$ 79,216
Rockefeller Plaza & Fifth Avenue $ 95
14,100
$ 111,625
Fifth Ave & East 58th Street $ 150
25,700
$ 321,250
Address $ / SF SF Monthly Rent
Rockefeller Plaza & West 48th Street $ 94
2,800
$ 21,933
E 49th St & Fifth Avenue $ 109
5,500
$ 49,958
Avenue of the Americas & West 51th Street $ 84
2,600
$ 18,200
Madison Ave & East 55th Street $ 125
4,800
$ 50,000
Lexington Ave & East 51st Street $ 78
5,300
$ 34,450
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Third Ave & East 49th Street $ 65
4,000
$ 21,666
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Fifth Ave & West 52nd Street $ 93
6,800
$ 52,700
E 52nd St & Lexington Avenue $ 68
4,000
$ 22,666
Lexington Ave & East 50th Street $ 71
4,100
$ 24,258
Lexington Ave & East 52nd Street Street $ 82
3,700
$ 25,283
Madison Ave & East 48th Street $ 70
4,500
$ 26,250
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 51th Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Fifth Ave & West 55th Street West 56th Street $ 80
1,900
$ 12,666
Third Ave & East 49th Street $ 71
2,000
$ 11,833
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Fifth Ave & West 49th Street $ 67
2,200
$ 12,283
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Address $ / SF SF Monthly Rent
5th Ave & West 47th Street $ 63
8,000
$ 42,000
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
E 59th St & Madison Avenue $ 182
9,700
$ 146,712
Address $ / SF SF Monthly Rent
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 59th St & Second Avenue $ 93
3,200
$ 24,880
Madison Ave & East 49th Street $ 59
4,900
$ 24,091
E 52nd St & Fifth Avenue $ 44
3,400
$ 12,325
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
W 57th St & Avenue of America $ 67
4,100
$ 22,891
Park Ave & East 59th Street $ 68
6,200
$ 35,133
E 58th St & Third Avenue $ 49
3,400
$ 13,883
E 61st St & Barclay Street $ 62
2,500
$ 12,916
E 59th St & Madison Avenue $ 172
4,600
$ 65,933
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,062
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
Madison Ave & East 49th Street $ 46
2,200
$ 8,433
E 58th St & Third Avenue $ 51
1,900
$ 8,075
Park Ave & East 59th Street $ 64
2,100
$ 11,200
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 54
7,100
$ 31,654
Address $ / SF SF Monthly Rent
E 59th St & Between 2nd Avenue $ 66
6,500
$ 36,020
E 59th St & Madison Avenue $ 60
4,000
$ 20,000
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 54
2,000
$ 9,083

Retail Spaces for Rent at 501-505 Madison Ave

Rent Medical Space at 501-505 Madison Ave

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Negotiable
1,800
Negotiable
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 501-505 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 501-505 Madison Avenue and in the nearby Plaza District neighborhood.
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501-505 Madison Avenue nyc
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501-505 Madison Avenue Property Overview

Building Address: 501-505 Madison Ave, New York NY 10022
Building Alternate Address: 501-505 Madison Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:30
Year Built:1929
Building Class:A
Block & lot:01288-0021

501-505 Madison Avenue, Manhattan, NYC

This historic Art Deco building was famously commissioned by Cornelius Vanderbilt III in 1929. It is a 30-story landmark in Midtown Manhattan, featuring a thoroughly modernized interior with recent upgrades to its infrastructure.

The building has undergone significant renovations, enhancing its lobby, elevators, and building systems. It is located near the 5th Avenue/53rd Street MTA Subway station, offering convenient access to the city.

As a testament to its enduring appeal, the building has been fully occupied by tenants, reflecting its prime location and modern amenities.

501-505 Madison Avenue, New York, NY 10022, is a historic Art Deco building in Midtown Manhattan. It was famously commissioned by Cornelius Vanderbilt III in 1929 and features a modernized interior with recent upgrades. The building is located near the 5th Avenue/53rd Street MTA Subway station.

Key features include:

  • 24-hour access
  • Controlled access
  • Proximity to bus lines and metro/subway
  • Various parking options

The building has 30 stories, with a total size of approximately 173,500 square feet, classified as a Class A office building.

Alternate addresses for this property include 41-45 E 52nd Street, New York, NY 10022.


501-505 Madison Ave, Manhattan, NYC

This historic Art Deco building offers a range of amenities:

  • Elegant Marble Lobby
  • Newly Renovated Elevators
  • Attended Lobby
  • 24 Hour/7 Day Access
  • Wired Certified Gold
  • Completely Modernized Interior
  • Upgraded Windows and HVAC
  • Controlled Access
  • Surface, Surface Tandem, Covered, and Covered Tandem Parking Options
  • Reserved Parking
  • Proximity to Metro/Subway and Bus Lines

501-505 Madison Avenue, located in Midtown Manhattan, is a historic Art Deco office building built in 1929 and renovated in 2015. It features a modernized interior with upgraded windows and HVAC systems. The building offers 24-hour access, controlled entry, and proximity to public transportation, including the 5th Avenue/53rd Street MTA Subway station.

The property spans 173,500 square feet across 30 stories, with typical floor sizes of approximately 5,783 square feet. It is classified as a Class A office building, providing high-end amenities and a prestigious address.

While specific details about current tenants are not available, the building's prime location and modern facilities make it an attractive choice for businesses seeking office space in Manhattan.


Internet Providers at 501-505 Madison Ave, Manhattan, NYC:

  • Verizon Fios: Known for high speeds up to 2.3 Gbps, reliable service, and competitive pricing starting at $49.99.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps and unlimited data.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and widespread availability.

501-505 Madison Ave, New York, NY 10022 is located in the heart of Manhattan. The nearest major transportation hub is Grand Central Terminal, which is a 10-minute walk away. This location is also close to the 33 St (Path) station.

Cross streets include East 51st Street and East 52nd Street.

Public transportation options include:

  • Subway: The nearest subway lines are the 4, 5, 6, and 7 trains at Grand Central-42 St station.
  • Bus: Several bus lines stop nearby, including the M1, M2, M3, M4, and Q32.
  • Train: Metro-North Commuter Railroad trains are available at Grand Central Terminal.

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Why Optimal Spaces –
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  • No fee for clients renting space.
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  • 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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