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Rent/Lease Office 515 Madison Ave

Lease Office 515 Madison Ave

$ / SF / Yr SF Monthly Rent
$ 65.5
$ / SF / Yr SF Monthly Rent
$ 66

Rent Sublease Office at 515 Madison Ave

$ / SF / Yr SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 111.5
25,000
$ 232,291
Avenue of the Americas & West 55th Street $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street $ 62
6,200
$ 32,033
Fifth Ave & West 52nd Street $ 78
4,400
$ 28,600
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
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
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 157.5
19,300
$ 253,312
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 79.5
3,500
$ 23,187
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF / Yr SF Monthly Rent
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
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 73
1,900
$ 11,558
Avenue of the Americas & West 51st Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Address $ / SF / Yr SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
Madison Ave & East 49th Street $ 55.55
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
W 57th St & Avenue of the Americas $ 68
4,100
$ 23,233
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 59th St & Second Avenue $ 93.3
3,200
$ 24,880
E 61st St & Second Avenue $ 61
2,500
$ 12,708
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
Address $ / SF / Yr SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44.5
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 65
2,100
$ 11,375
E 56th St & Park Avenue $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of the Americas $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
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 & Madison Avenue $ 61.5
4,000
$ 20,500
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 515 Madison Ave

Office Tenants Rented / Leased 515 Madison Avenue
  • Fisher Wallace Laboratories leased 2,515 SF
  • M Hartwell Lp leased 1,500 SF
  • Rockfleet Financial Servic… leased 500 SF
  • October Three Llc leased 500 SF
  • Qs Electric Llc leased 500 SF
  • AccountAbility leased 1,500 SF
  • Lady May Sweets & Confe… leased 500 SF
  • Mhn Hair Studio leased 500 SF
  • Vitality Wellness leased 1,808 SF
  • Furgang & Adwar LLP leased 1,247 SF
Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
$ / 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 515 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 515 Madison Avenue and in the nearby Plaza District neighborhood.
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515 Madison Avenue nyc
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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 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

515 Madison Avenue Property Overview

Building Address: 515 Madison Ave, New York NY 10022
Building Name: DuMont Building
Building Alternate Address: 515 Madison Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:42
Year Built:1931
Building Class:A
Block & lot:01289-0021

The DuMont Building, located at 515 Madison Avenue in Manhattan's Plaza District, is a 532-foot high, 42-story building constructed in the Art Deco and neo-Gothic style by John H. Carpenter in 1932. The building was designed by his brother, architect J.E.R. Carpenter.

One of its most distinctive features is a broadcasting antenna, which was used for the first television broadcasts of Allen B. DuMont's experimental television station W2XWV in 1938. This station later became commercially licensed as WABD in 1944 and is now known as WNYW.

The building underwent several renovations, including updates to restrooms and corridors in 2007, a lobby renovation in 2016, and elevator and sprinkler system upgrades in 2018.

Located near Central Park, the building is surrounded by landmarks such as Carnegie Hall and Rockefeller Center, offering a prime location with access to various amenities and public transportation.

515 Madison Avenue, also known as the DuMont Building, is a 532-foot high, 42-story building located at the corner of Madison Avenue and East 53rd Street in Manhattan's Plaza District.

It was built in 1932 in Art Deco and neo-Gothic style by John H. Carpenter. The building is notable for its role in the first television broadcasts by Allen B. DuMont's experimental station W2XWV in 1938.

The location offers easy access to Central Park and is surrounded by landmarks like the New York City Center, Carnegie Hall, and Rockefeller Center. Public transportation is convenient with the E and M trains located in the building and the 6 train nearby.


515 Madison Avenue, also known as the DuMont Building, offers a range of amenities in a prime location:

  • Location: Corner of Madison Avenue and East 53rd Street, Manhattan's Plaza District.
  • Year Built/Renovated: 1932, with recent renovations including restrooms (2007), corridors (2007), lobby (2016), elevators (2018), sprinklers (2018), and steam station (2018).
  • Building Features: 42-story building with a distinctive broadcasting antenna, Art Deco and neo-Gothic style.
  • Amenities:
    • 24/7 attended lobby
    • Key card access
    • Closed-circuit cameras
    • Conferencing facility
    • Air conditioning
    • Packaged air-cooled units and perimeter steam heating
    • Double-insulated, operable windows
    • Class E fire alarm system with command station and full sprinkler installation
  • Neighborhood Amenities:
    • Access to world-renowned retail along Fifth Avenue
    • Proximity to Central Park
    • Landmarks like New York City Center, Carnegie Hall, and Rockefeller Center
    • Easy access to E, M, and 6 subway trains

515 Madison Avenue, Manhattan, NYC, is home to several notable office tenants:

  • Jay Suites
  • Manhattan Sports Therapy (also known as Madison Avenue Chiropractic)
  • MTN Capital Partners
  • Robert W. Berg (dental surgeon)
  • Alpha Properties
  • Kayser &
  • Zadig & Voltaire (fashion house)

515 Madison Ave, Manhattan, NYC, offers several internet providers:

  • Verizon Fios: Known for high speeds up to 2.3 Gbps, starting at $49.99/month.
  • Astound Broadband Powered by RCN: Offers cable and fiber services with speeds up to 1.5 Gbps, starting at $20/month.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps, starting at $30/month.
  • Earthlink: Offers fiber service with speeds up to 1,874 Mbps.

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

Nearest Bus Stops: Madison Av/E 52 St, Madison Av/E 51 St, Madison Av/E 55 St, and Madison Av/E 56 St.

Nearest Subway Stations: Grand Central-42 St (4, 5, 6, 7, S trains), 51 St (4, 6 trains), and 59 St–Lexington Ave (4, 5, 6, N, R, W trains).

Nearest Train Stations: Grand Central Terminal (HARLEM, HUDSON, NEW HAVEN lines).

Cross Streets: East 51st Street and East 52nd Street.

Office Tenants Rented / Leased 515 Madison Avenue
  • Fisher Wallace Laboratories leased 2,515 SF
  • M Hartwell Lp leased 1,500 SF
  • Rockfleet Financial Servic… leased 500 SF
  • October Three Llc leased 500 SF
  • Qs Electric Llc leased 500 SF
  • AccountAbility leased 1,500 SF
  • Lady May Sweets & Confe… leased 500 SF
  • Mhn Hair Studio leased 500 SF
  • Vitality Wellness leased 1,808 SF
  • Furgang & Adwar LLP leased 1,247 SF
Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave

Recent News About 515 Madison Avenue

Argent Trading Testimonial

Argent Trading testimonial To Whom it May Concern: I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional space. However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships. I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again. Sincerely, William Levitz President Argent Trading, LLC
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