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Rent/Lease Office 509 Madison Ave, New York, NY
Lease Office 509 Madison Ave
Rent Sublease Office at 509 Madison Ave
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | 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 | $ 80 | 12,900 |
$ 86,000 |
| W 57th St & Avenue of the Americas | $ 111.5 | 25,000 |
$ 232,291 |
| Madison Ave & East 54th Street | $ 61 | 11,300 |
$ 57,441 |
| Avenue Of The Americas & West 47th Street | $ 58 | 10,000 |
$ 48,333 |
| Madison Ave & East 60th Street | $ 89 | 9,500 |
$ 70,458 |
| Madison Ave & East 59th Street | $ 99 | 8,300 |
$ 68,475 |
| E 53rd St & Fifth Avenue | $ 79 | 12,200 |
$ 80,316 |
| Address | $ / SF / Yr | 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 | $ 52 | 5,300 |
$ 22,966 |
| Avenue of the Americas & West 55th Street | $ 62 | 6,200 |
$ 32,033 |
| Park Ave & East 54th Street | $ 68 | 4,000 |
$ 22,666 |
| Fifth Ave & East 56th Street | $ 85 | 4,400 |
$ 31,166 |
| W 52nd St & Between Fifth Avenue | $ 91 | 4,100 |
$ 31,091 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 49th Street | $ 76.5 | 2,200 |
$ 14,025 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 60th St & Madison Avenue | $ 65 | 4,200 |
$ 22,750 |
| W 57th St & Avenue of the Americas | Negotiable | 5,100 |
Negotiable |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | Negotiable | 2,300 |
Negotiable |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| 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 |
|---|---|---|---|
| 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 |
| W 57th St & Avenue of the Americas | $ 200 | 10,300 |
$ 171,666 |
| Madison Ave & East 53rd 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 | $ 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 / Yr | 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 51st 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 | $ 82 | 3,700 |
$ 25,283 |
| Madison Ave & East 48th Street | $ 70 | 4,500 |
$ 26,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Avenue of the Americas & West 51st Street | $ 84 | 2,200 |
$ 15,400 |
| Rockefeller Plz & West 50th Street | $ 92 | 1,600 |
$ 12,266 |
| Fifth Ave & West 55th 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 |
| Madison Ave & East 52nd Street | $ 70 | 1,500 |
$ 8,750 |
| 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 |
| Address | $ / SF / Yr | 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 | $ 180 | 9,700 |
$ 145,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 55th St & Third Avenue | $ 47 | 2,900 |
$ 11,358 |
| E 59th St & Second Avenue | $ 93.3 | 3,200 |
$ 24,880 |
| Madison Ave & East 49th Street | $ 59 | 4,900 |
$ 24,091 |
| E 52nd St & Fifth Avenue | $ 42.5 | 3,400 |
$ 12,041 |
| E 48th St & Madison Avenue | $ 55 | 4,600 |
$ 21,083 |
| E 49th St & Between Fifth Avenue | $ 27 | 3,300 |
$ 7,425 |
| W 57th St & Avenue of the Americas | $ 68 | 4,100 |
$ 23,233 |
| Park Ave & East 59th Street | $ 69.5 | 6,200 |
$ 35,908 |
| E 58th St & Third Avenue | $ 50 | 3,400 |
$ 14,166 |
| E 61st St & Second Avenue | $ 61 | 2,500 |
$ 12,708 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 60th St & Madison Avenue | $ 55 | 1,600 |
$ 7,333 |
| W 57th St & Avenue of the Americas | $ 67 | 1,600 |
$ 8,933 |
| E 60th St & Fifth Avenue | $ 54 | 2,200 |
$ 9,900 |
| E 48th St & Madison Avenue | $ 55 | 2,400 |
$ 11,000 |
| Lexington Ave & Lexington Avenue | $ 44.5 | 2,500 |
$ 9,270 |
| E 56th St & Park Avenue | $ 59 | 1,900 |
$ 9,341 |
| Madison Ave & East 49th Street | $ 47 | 2,200 |
$ 8,616 |
| E 58th St & Third Avenue | $ 52 | 1,900 |
$ 8,233 |
| Park Ave & East 59th Street | $ 65 | 2,100 |
$ 11,375 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 52.5 | 7,100 |
$ 31,062 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 59th St & Between Second Avenue | $ 65.5 | 6,500 |
$ 35,479 |
| E 59th St & Madison Avenue | $ 61.5 | 4,000 |
$ 20,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 53 | 2,000 |
$ 8,833 |
Retail Spaces for Rent at 509 Madison Ave
Rent Retail 509 Madison Ave
Rent Medical Space at 509 Madison Ave
Retail Tenants Rented / Leased 509 Madison Avenue
- Carmina leased 1,674 SF
- ToyWatch leased 400 SF
- Camicissima leased 1,677 SF
- Carat leased 550 SF
Nearby Office Tenants Leased
- Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
- Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
- PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
- Mutual Of America leased 193,631 SF at 320 Park Ave
- National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
- Discovery leased 190,000 SF at 850 Third Avenue
- Citibank leased 176,000 SF at 731 Lexington Ave
- City University of New York leased 170,953 SF at 205 East 42nd St
- Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
- VF Sportswear leased 168,000 SF at 40 West 57th St
- North Fork Bank leased 12,000 SF at 57 West 57th St
- Duane Reade leased 11,717 SF at 575 Lexington Ave
- Urbanspace leased 11,400 SF at 570 Lexington Avenue
- BNP Foods leased 11,000 SF at 290 Madison Ave
- Ann Taylor leased 11,000 SF at 600 Fifth Ave
- Madison Chophouse leased 10,700 SF at 3 East 54th Street
- Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
- Club Nebula leased 10,000 SF at 135 West 41st Street
- CVS Pharmacy leased 10,000 SF at 757 Third Ave
- Michael Dawkins Home leased 10,000 SF at 232 East 59th St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 509 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 509 Madison Avenue and in the nearby Plaza District neighborhood.
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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
509 Madison Avenue, New York, NY Property Overview
| Building Address: | 509 Madison Ave, New York NY 10022 |
| Building Alternate Address: | 509 Madison Ave, New York, NY |
| Zip Code: | 10022 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 23 |
| Year Built: | 1929 |
| Building Class: | A |
| Block & lot: | 01288-0051 |
509 Madison Avenue is a 21-story Art-Deco office building located in Manhattan, New York City. Completed in 1929, it was designed by Robert T. Lyons and features a buff-colored brick façade above a three-story stone base. The building's ground floor is faced in black granite with a central entrance framed in limestone and topped by a cornice.
The building's architectural details include tripartite windows in green metal framing on the second and third floors, with slender pilasters and spandrels separating floors. The upper floors have paired windows in each bay, with stone spandrels featuring vertical fins and corbel bands. A notable setback is marked above the 14th floor with limestone caps.
509 Madison Avenue has undergone recent alterations, with the most significant changes occurring in 2024. The building is classified as an "Office Only with or without Commercial - 20 Stories or More" property and has a total floor area of 134,039 square feet. Its current tax assessor's market value is approximately $55,707,000.
509 Madison Avenue, New York, NY 10022 is a prominent office building in Central Midtown, Manhattan. It was built in 1929 and features 21 stories. The building is also known by its secondary address as 28-30 E 53rd St, New York, NY 10022.
Alternate addresses for this property include 507-511 Madison Ave, New York, NY 10022.
509 Madison Avenue is a 22-story building located in the heart of Manhattan, NYC. It offers proximity to major public transportation hubs and iconic landmarks like Rockefeller Center and Trump Tower.
Key Features:
- 22 floors
- Approximately 139,000 square feet
- Located in the prestigious Plaza District
- Near Grand Central
- Originally built in 1929
509 Madison Avenue, Manhattan, NYC, is a prominent office building with a rich history. It was built in 1929 and features 21 stories, offering a total of 134,039 square feet of office space.
While specific details about current office tenants are not readily available, the building is located in the heart of the Plaza District, a highly sought-after area for businesses. Nearby, other notable office tenants have leased spaces in the vicinity, such as Tweedy, Browne Company LLC at 350 Park Avenue and The Carlyle Group at 520 Madison Avenue.
The building's proximity to major transportation hubs and its Class A status make it an attractive location for businesses seeking high-quality office space in Manhattan.
Internet Providers at 509 Madison Ave, Manhattan, NYC:
Several internet providers serve the area around 509 Madison Ave in Manhattan. Key providers include:
- Verizon: Offers high-speed fiber internet with speeds up to 2.3 Gbps.
- Astound Broadband Powered by RCN: Provides both cable and fiber services with speeds up to 1.5 Gbps.
- Spectrum: Offers cable internet with speeds up to 1 Gbps.
- STARRY: Known for its fixed wireless service with speeds up to 314 Mbps.
509 Madison Avenue is located in the heart of Midtown East, Manhattan, offering excellent transportation options.
Nearest Subway Stations:
- Lexington Av/53 St - 4 min walk
- 57 St - 5 min walk
- 51 St - 5 min walk
Nearest Train Station:
- Grand Central Madison - 11 min walk
Bus Lines:
- BM2
- BM5
- BXM4
- M103
- M15-SBS
Cross Streets:
- Madison Avenue and East 53rd Street
- Madison Avenue and East 54th Street
This location is a Walker’s Paradise with a Walk Score of 97, indicating that daily errands do not require a car.
Retail Tenants Rented / Leased 509 Madison Avenue
- Carmina leased 1,674 SF
- ToyWatch leased 400 SF
- Camicissima leased 1,677 SF
- Carat leased 550 SF
Nearby Office Tenants Leased
- Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
- Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
- PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
- Mutual Of America leased 193,631 SF at 320 Park Ave
- National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
- Discovery leased 190,000 SF at 850 Third Avenue
- Citibank leased 176,000 SF at 731 Lexington Ave
- City University of New York leased 170,953 SF at 205 East 42nd St
- Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
- VF Sportswear leased 168,000 SF at 40 West 57th St
- North Fork Bank leased 12,000 SF at 57 West 57th St
- Duane Reade leased 11,717 SF at 575 Lexington Ave
- Urbanspace leased 11,400 SF at 570 Lexington Avenue
- BNP Foods leased 11,000 SF at 290 Madison Ave
- Ann Taylor leased 11,000 SF at 600 Fifth Ave
- Madison Chophouse leased 10,700 SF at 3 East 54th Street
- Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
- Club Nebula leased 10,000 SF at 135 West 41st Street
- CVS Pharmacy leased 10,000 SF at 757 Third Ave
- Michael Dawkins Home leased 10,000 SF at 232 East 59th St
Recent News About 509 Madison Avenue
VSA Consulting Group Testimonial
To whom it may concern:
I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a lease at our new space. They were fast and effecient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Jack Sichterman
Partner/Managing Director
Office Buildings in Plaza District
- 630 Fifth Avenue
- 30 Rockefeller Plaza
- 1290 Avenue of the Americas
- 767 Fifth Avenue
- 345 Park Avenue
- 277 Park Avenue
- 399 Park Avenue
- 9 West 57th Street
- 660 Fifth Avenue
- 919 Third Avenue
- 601 Lexington Avenue
- 909 Third Avenue
- 299 Park Avenue
- 280 Park Avenue
- 55 East 52nd Street
- 599 Lexington Avenue
- 725 Fifth Avenue
- 731 Lexington Avenue
- 520 Madison Avenue
- 590 Madison Avenue
- 437 Madison Avenue
- 51 West 52nd Street
- 375 Park Avenue
- 885 Second Avenue
- 550 Madison Avenue
- 300 Park Avenue
- 320 Park Avenue
- 1230 Avenue of the Americas
- 31 West 52nd Street
- 425 Park Avenue
- 575 Lexington Avenue
- 40 West 57th Street
- 979 Third Avenue
- 12 East 49th Street
- 1 Rockefeller Plaza
- 757 Third Avenue
- 885 Third Avenue
- 875 Third Avenue
- 75 Rockefeller Plaza
- 65 East 55th Street
- 850 Third Avenue
- 110 East 59th Street
- 1350 Sixth Avenue
- 650 Madison Avenue
- 900 Third Avenue
- 350 Park Avenue
- 777 Third Avenue
- 825 Third Avenue
- 805 Third Avenue
- 535 Madison Avenue
- 150 East 58th Street
- 712 Fifth Avenue
- 745 Fifth Avenue
- 660 Madison Avenue
- 800 Third Avenue
- 1270 Avenue of the Americas
- 50 Rockefeller Plaza
- 575 Fifth Avenue
- 780 Third Avenue
- 717 Fifth Avenue
- 1330 Avenue Of The Americas
- 600 Fifth Avenue
- 570 Lexington Avenue
- 555 Madison Avenue
- 135 East 57th Street
- 641 Lexington Avenue
- 645 Fifth Avenue
- 750 Lexington Avenue
- 525 Lexington Avenue
- 950 Third Avenue
- 444 Madison Avenue
- 650 Fifth Avenue
- 575 Madison Avenue
- 730 Fifth Avenue
- 488 Madison Avenue
- 560 Lexington Avenue
- 445 Park Avenue
- 600 Madison Avenue
- 580 Fifth Avenue
- 40 East 52nd Street
- 515 Madison Avenue
- 510 Madison Avenue
- 845 Third Avenue
- 623 Fifth Avenue
- 10 East 53rd Street
- 1370 Avenue of the Americas
- 450 Park Avenue
- 595 Madison Avenue
- 477 Madison Avenue
- 640 Fifth Avenue
- 711 Fifth Avenue
- 485 Madison Avenue
- 600 Lexington Avenue
- 767 Third Avenue
- 499 Park Avenue
- 150 East 52nd Street
- 10 Rockefeller Plaza
- 540 Madison Avenue
- 390 Park Avenue
- 125 W 57th St
- 1011 First Avenue
- 460 Park Avenue
- 163-165 East 52nd Street
- 505 Park Avenue
- 130 East 59th Street
- 57 West 57th Street
- 425 East 61st Street
- 579 Fifth Avenue
- 14 East 60th Street
- 609 Fifth Avenue
- 30 East 60th Street
- 830 Third Avenue
- 133 East 58th Street
- 155 East 55th Street
- 15 West 47th Street
- 45 W 53rd St
- 64 West 48th Street
- 18 East 48th Street
- 16 East 52nd Street
- 425 Madison Avenue
- 590 Fifth Avenue
- 26-40 W 54th St
- 48 West 48th Street
- 309-315 East 48th Street
- 328-330 East 62nd Street
- 24-26 West 57th Street
- 1 East 57th Street
- 30 Central Park S
- 120 East 56th Street
- 71 West 47th Street
- 424 Madison Avenue
- 49-55 West 47th Street
- 306 East 61st Street
- 20 West 55th Street
- 592 Fifth Avenue
- 22 West 48th Street
- 37 West 57th Street
- 50 West 57th Street
- 110 East 55th Street
- 18-20 East 50th Street
- 6 West 57th Street
- 724 Fifth Avenue
- 60 East 56th Street
- 1124-1128 First Avenue
- 42 West 48th Street
- 315 East 62nd Street
- 936-938 Third Avenue
- 145 East 57th Street
- 25 West 52nd Street
- 6 West 48th Street
- 20-24 East 60th Street
- 3-5 West 57th Street
- 232 East 59th Street
- 121 East 60th Street
- 7-9 West 51st Street
- 160 East 56th Street
- 420 Madison Avenue
- 5 East 57th Street
- 1114 First Avenue
- 5 East 59th Street
- 1011-1029 Third Avenue
- 135 East 55th Street
- 587 Fifth Avenue
- 59 East 54th Street
- 215 East 58th Street
- 601 Madison Avenue
- 677 Fifth Avenue
- 155 East 48th Street
- 1153-1167 First Avenue
- 30 West 56th Street
- 139 East 57th Street
- 60 West 55th Street
- 124 E 63rd St
- 49 West 57th Street
- 17 East 48th Street
- 604 Fifth Avenue
- 1200 Avenue of the Americas
- 22 East 49th Street
Commercial space for lease
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.
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.
Find My Space!