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Rent/Lease Office 51 Madison Ave

Lease Office 51 Madison Ave

$ / SF SF Monthly Rent
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$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 29th Avenue $ 59
10,500
$ 51,625
Park Ave S & Between East 19th Street $ 60
7,700
$ 38,500
Fifth Ave & East 19th Street $ 77
8,800
$ 56,466
Fifth Ave & East 16th Street $ 42
10,100
$ 35,350
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
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
Madison Ave & East 25th Street $ 92
9,100
$ 69,766
Park Ave S & East 20th Street $ 80
13,000
$ 87,208
Address $ / SF SF Monthly Rent
Park Ave S & East 17th Street $ 95
4,000
$ 31,666
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 29th Avenue $ 60
8,300
$ 41,845
E 23rd St & Park Avenue $ 42
18,400
$ 63,633
Broadway & East 20th Street $ 70
18,200
$ 106,166
Park Ave S & Between East 19th Street $ 66
7,700
$ 42,670
Park Ave S & East 27th Street $ 75
8,700
$ 54,375
Fifth Ave & East 29th Street $ 78
12,500
$ 81,770
Park Ave S & East 27th Street $ 90
23,800
$ 179,491
Park Ave S & East 27th Street $ 70
13,100
$ 75,870
E 26th St & Fifth Avenue $ 125
12,100
$ 126,041
Park Ave S & East 26th Street $ 48
12,000
$ 48,000
Address $ / SF SF Monthly Rent
Broadway & Between East 19th Street $ 76
5,300
$ 33,787
E 23rd St & Park Avenue $ 42
6,100
$ 21,604
Broadway & East 20th Street $ 76
3,700
$ 23,587
Fifth Ave & East 29th Street $ 74
4,700
$ 28,787
Park Ave S & East 26th Street $ 71
3,900
$ 23,075
Park Ave S & East 26th Street $ 75
2,700
$ 16,875
University Pl & East 12th Street $ 50
6,500
$ 27,354
Broadway & East 18th Street $ 73
2,500
$ 15,208
Union Sq W & East 16th Street $ 67
3,700
$ 20,658
Address $ / SF SF Monthly Rent
Broadway & Between East 19th Street $ 75
2,200
$ 13,750
E 23rd St & Third Avenue $ 46
2,400
$ 9,100
Park Ave S & East 26th Street $ 63
2,100
$ 11,025
Fifth Ave & East 29th Street $ 73
2,000
$ 12,100
Broadway & East 18th Street $ 74
1,800
$ 11,025
Address $ / SF SF Monthly Rent
E 19th St & Broadway $ 52
7,700
$ 33,687
Madison Ave & East 30th Street $ 39
11,000
$ 35,750
E 23rd St & Lexington Avenue $ 67
21,600
$ 120,600
Address $ / SF SF Monthly Rent
E 23rd St & Park Avenue $ 35
2,800
$ 8,166
E 19th St & Broadway $ 55
5,500
$ 25,208
Fifth Ave & East 29th Street $ 60
2,500
$ 12,395
Fifth Ave & Between East 28th Street $ 53
5,000
$ 22,083
Address $ / SF SF Monthly Rent
E 28th St & Park Avenue South $ 38
2,300
$ 7,379
Broadway & East 21st Street $ 74
1,800
$ 11,175

Retail Spaces for Rent at 51 Madison Ave

Rent Retail 51 Madison Ave

$ / SF SF Monthly Rent
Negotiable
10,200
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 51 Madison Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 51 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 51 Madison Avenue and in the nearby Gramercy Park neighborhood.
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51 Madison Avenue nyc
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51 Madison Avenue Property Overview

Building Address: 51 Madison Ave, New York NY 10010
Building Name: New York Life Ins. Company Building
Building Alternate Address: 51 Madison Ave
Zip Code:10010
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:33
Year Built:1927
Building Class:A
Block & lot:00856-0024

51 Madison Avenue, known as the New York Life Building, is a renowned architectural landmark in Manhattan, NYC. Designed by Cass Gilbert, it was constructed between 1926 and 1928. This 34-story, neo-Gothic building features a distinctive pyramidal gold roof and is clad in Indiana limestone. The building has been a significant part of New York City's skyline and is recognized for its historical and architectural importance.

The New York Life Building is located at 51 Madison Avenue in Manhattan, NYC. It is situated in the Rose Hill and NoMad neighborhoods, abutting Madison Square Park. The building spans an entire city block bounded by Madison Avenue, Park Avenue South, and 26th and 27th Streets.


51 Madison Avenue Building Amenities

The New York Life Building at 51 Madison Avenue offers a range of amenities, including:

  • Ground-Level Retail: Various storefronts with bronze display window frames and granite bulkheads.
  • Restaurants: Located in the basements, providing dining options for occupants.
  • Service Facilities: Supporting the operational needs of the building.
  • Document Storage: Secure storage for company documents.
  • Subway Access: Direct entrance to the 28th Street subway station.
  • Secure Vault: Equipped with advanced security features like time locks and alarms.
  • Executive Offices: Featuring wooden paneling for a sophisticated work environment.
  • Premium Deposit Room: With a marble floor, adding to the building's luxurious feel.
  • Historic Boardroom: Originally from the 346 Broadway headquarters, complete with English brown oak paneling.

Office Tenants at 51 Madison Avenue, Manhattan, NYC:

  • The Henry Luce Foundation - 12,729 SF
  • Synergos Institute - 23,350 SF
  • Mikasa - 21,000 SF
  • New York Life
  • Thornton Tomasetti
  • Alitalia

Internet Providers at 51 Madison Ave, Manhattan, NYC

Several internet providers serve the area around 51 Madison Ave in Manhattan, NYC. Here are some of the top providers:

  • Verizon Fios: Known for its high-speed fiber connection, offering speeds up to 2.3 Gbps. It is highly reliable and offers competitive pricing starting at $49.99 per month.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps. It offers widespread coverage and competitive pricing starting at $30 per month for bundles.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps. It is known for its affordable plans starting at $20 per month.

51 Madison Ave, Manhattan, NYC is conveniently located near several transportation options:

Nearest Subway Stations: The closest subway stations are 51 St and Lexington Av/53 St, both within a short walking distance.

Subway Lines: The 6, E, and M trains stop nearby.

Bus Stops: The nearest bus stops are located at Madison Av/E 51 St, Madison Av/E 52 St, and Madison Av/E 50 St.

Bus Lines: BM2, BM3, BM5, M103, M15-SBS, and M5 buses serve the area.

Train Station: Grand Central Madison is a 4-minute walk away.

Cross Streets: 51 Madison Ave is situated between E 50th St and E 52nd St.


Nothing else matters Software Testimonial

Nothing else matters Software testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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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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