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Rent/Lease Office 980 Madison Ave
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 |
|---|---|---|---|
| 3rd Ave & Between East 90th Street | $ 73 | 2,700 |
$ 16,425 |
| 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 106th St & Third Avenue | $ 27 | 5,300 |
$ 11,925 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 53 | 2,000 |
$ 8,833 |
Retail Spaces for Rent at 980 Madison Ave
Rent Retail 980 Madison Ave
Rent Medical Space at 980 Madison Ave
- RFR Realty leased 2,900 SF
- The Dontzin Law Firm LLP leased 8,108 SF
- Gagosian Gallery leased 50,000 SF
- Jan Krugier Gallery leased 2,100 SF
- Douglas Elliman leased 6,500 SF
- Rebecca Taylor leased 4,338 SF
- Sandro leased 2,037 SF
- Vince leased 3,770 SF
- Mark Hashem Gallery leased 1,853 SF
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Walgreen~~#s leased 10,000 SF at 1328 Second Ave
- General Services Administration leased 7,000 SF at 423 West 127th St
- The Valley leased 6,750 SF at 1735 Park Ave
- The American Academy in Rome leased 6,608 SF at 1 East 60th Street
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
- Claire's Boutique leased 2,214 SF at 210 East 86th St
- United Parcel Service leased 2,100 SF at 1735 Park Ave
- EmblemHealth Company HIP Health Plan of New York leased 2,056 SF at 215 West 125th St
- Zaro's leased 2,022 SF at 1825 Park Avenue
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
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
980 Madison Avenue Property Overview
| Building Address: | 980 Madison Ave, New York NY 10075 |
| Building Name: | Sotheby Parke Bernet Building |
| Building Alternate Address: | 980 Madison Ave |
| Zip Code: | 10075 |
| Neighborhood: | Upper East Side |
| Borough: | Manhattan |
| Stories: | 5 |
| Year Built: | 1949 |
| Building Class: | B |
| Block & lot: | 01391-0014 |
980 Madison Avenue is a significant architectural landmark on Manhattan's Upper East Side, known for its historical and cultural impact. It was designed by the architectural firm Walker & Poor and completed in 1949, originally serving as the headquarters for Parke-Bernet Galleries, the largest fine art auction house in the U.S. at the time.
From its inception until 1987, 980 Madison Avenue played a pivotal role in establishing New York as a global art market center by hosting auctions of works by Picasso and Rembrandt, among other renowned artists. Following its sale in 1987, the building saw the establishment of the Gagosian Gallery in 1989, which marked its entrance into the contemporary art scene with a Jasper Johns exhibition.
The building's location is advantageous, situated near iconic institutions like The Met, The Frick Collection, and The Guggenheim Museum, making it a hub for elite clientele. Over the years, it has accommodated various tenants, including luxury retail and offices, maintaining its high-end appeal. In the early 2000s, there were controversial plans to add a 22-story glass tower designed by Lord Norman Foster, but these were ultimately scrapped due to preservationist opposition.
Today, 980 Madison Avenue continues to be an integral part of New York's art world while maintaining its historical architectural charm.
980 Madison Avenue, Manhattan, NYC
Also known as the Parke-Bernet Galleries building, this location is home to the Gagosian Gallery. It is situated on the Upper East Side at the corner of Madison Avenue and East 76th Street.
980 Madison Avenue in Manhattan, NYC, offers the following building amenities:
- High ceilings
- Hardwood floors
- Large bedrooms
- Separate kitchens
- Walk-in closets
- 24 Hour Access
- Bus and Metro/Subway access
980 Madison Avenue, a building located in Manhattan's Upper East Side, has a rich history of housing notable tenants. The building was originally constructed in 1949 as the headquarters for Parke-Bernet Galleries, later becoming a hub for art galleries.
Historically, Gagosian Gallery occupied a significant portion, about 42% of the space. Other notable tenants include:
JN Contemporary, Dickinson Roundell, Nahem Madison, Robiliant + Voena, and Yoshii. These galleries were situated primarily on the third floor.
The office space on the second floor included tenants like Ramsfield Hospitality Finance. Despite the gallery space's versatility, it was primarily used for art exhibitions.
As of recent developments, the building's ownership has changed with the sale to an entity linked to the Bloomberg Family Office, which has led to the relocation of existing tenants under the terms of new leases.
Located at 980 Madison Avenue in Manhattan, NYC, residents have access to several top internet providers, including:
- Verizon Fios: Known for high speeds up to 2.3 Gbps and excellent customer service, Verizon Fios offers reliable fiber-optic connections with plans starting at $49.99.
- Astound Broadband Powered by RCN: Offers cable and fiber services with affordable plans, unlimited data, and speeds up to 1.5 Gbps, starting at $35 per month.
- Spectrum: Provides cable internet with speeds up to 1 Gbps and various bundle options starting at $30 per month.
Availability may vary depending on the specific location within the building.
980 Madison Avenue in Manhattan, NYC, is located in the heart of the Upper East Side, offering excellent transportation options.
Nearest Subway Stations: - The closest subway is the 77 Street station, served by the 4 and 6 trains, located about 0.2 miles away. - Other stations like 86 Street are within walking distance.
Bus Stops: - Nearby bus stops include Madison Avenue and East 83 Street and East 84 Street.
Cross Streets: - East 78 Street and East 79 Street.
Neighborhood: - Lenox Hill, part of the Upper East Side, known for its vibrant artistic vibe, excellent public transit, and proximity to Central Park and renowned cultural institutions like The Met and The Guggenheim Museum.
- RFR Realty leased 2,900 SF
- The Dontzin Law Firm LLP leased 8,108 SF
- Gagosian Gallery leased 50,000 SF
- Jan Krugier Gallery leased 2,100 SF
- Douglas Elliman leased 6,500 SF
- Rebecca Taylor leased 4,338 SF
- Sandro leased 2,037 SF
- Vince leased 3,770 SF
- Mark Hashem Gallery leased 1,853 SF
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Walgreen~~#s leased 10,000 SF at 1328 Second Ave
- General Services Administration leased 7,000 SF at 423 West 127th St
- The Valley leased 6,750 SF at 1735 Park Ave
- The American Academy in Rome leased 6,608 SF at 1 East 60th Street
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
- Claire's Boutique leased 2,214 SF at 210 East 86th St
- United Parcel Service leased 2,100 SF at 1735 Park Ave
- EmblemHealth Company HIP Health Plan of New York leased 2,056 SF at 215 West 125th St
- Zaro's leased 2,022 SF at 1825 Park Avenue