Adaptive Reuse Office
For Lease
Contact for pricing
1 Madison Ave, New York, NY
Significant adaptive reuse project in 21st Century New York.
Space Size2,718 SF - 6,703 SF
Lot Size1.78 Acres
Days on Market316
Property Features for 1 Madison Ave
General Information
Standard status
Active
Size
2,718 SF - 6,703 SF
Lot size
1.78 Acres
Property subtype
RETAIL
Spaces For Lease
at 1 Madison Ave Contact us1 Madison Ave AVAILABLE, Now
Floor
1
Size
6,703 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- At the base of the corporate headquarters for IBM and Franklin Templeton
- Close proximity to 23rd Street subway stop R, W (30K+ average weekday riders) and 23rd Street subway stop 6 (25K+ average weekday riders)
- Nearby corporate headquarters include Sony, Credit Suisse, Nike NY, and Tiffany & Co.
Contact us 1 Madison Ave AVAILABLE, Now
Floor
LL
Size
4,252 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- At the base of the corporate headquarters for IBM and Franklin Templeton
- Close proximity to 23rd Street subway stop R, W (30K+ average weekday riders) and 23rd Street subway stop 6 (25K+ average weekday riders)
- Nearby corporate headquarters include Sony, Credit Suisse, Nike NY, and Tiffany & Co.
Contact us 1 Madison Ave AVAILABLE, Now
Floor
Sub LL
Size
2,718 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- At the base of the corporate headquarters for IBM and Franklin Templeton
- Close proximity to 23rd Street subway stop R, W (30K+ average weekday riders) and 23rd Street subway stop 6 (25K+ average weekday riders)
- Nearby corporate headquarters include Sony, Credit Suisse, Nike NY, and Tiffany & Co.
Contact us
Listing Agency:
Newmark - Corporate
(212) 372-2000
Listed By:
Ariel Schuster
(212) 331-0132
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 3
Last Checked: Oct 5 at 7:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Corporate
Investment Insights
Based on property information with market context.
One Madison Avenue is an adaptive reuse project positioned to become a significant development in 21st Century New York. Originally built in 1893 and rebuilt in 1953, the property is undergoing renovations with a projected completion date of 2024. The new 26-story tower will rise from the renovated limestone podium of the original structure. The building incorporates garden floors, a new lobby and street entrance, and state-of-the-art systems and amenities. The building is designed to achieve a LEED Gold v4.0 rating. The 92,663-square-foot office building is located near Madison Square Park, which is surrounded by neighborhoods including Chelsea, Gramercy, Nomad, and the Flatiron District. The location offers access to shopping, dining, cultural resources, and transport options. The finished structure will join the MetLife clock tower, 11 Madison and the Flatiron Building as one of the many distinguished buildings that front Madison Square.
Key Highlights
- Prime location overlooking Madison Square Park, at the center of vibrant neighborhoods.
- Adaptive reuse project combining historical significance with modern design and state‑of‑the‑art amenities.
- New 26‑story tower rising from a renovated limestone podium, featuring a glittering lobby and street entrance.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
60,948
Businesses Nearby
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Business Placement
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Market
Lease Benchmarks for New York, NY
$53.75 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
41,614 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Significant adaptive reuse project in 21st Century New York.
Where is this office building located?
The property is located at 1 Madison Ave New York, NY.
What are key features of this property?
This property features: Prime location overlooking Madison Square Park, at the center of vibrant neighborhoods.; Adaptive reuse project combining historical significance with modern design and state‑of‑the‑art amenities.; New 26‑story tower rising from a renovated limestone podium, featuring a glittering lobby and street entrance.
