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Modernized Office Building on Madison
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545 Madison Avenue, New York, NY 10022

Completely renovated 17-story office building with 114,000 rentable square feet.

Space Size6,800 SF - 9,034 SF
Property Size124,000 SF
Days on Market348

Property Features for 545 Madison Avenue

General Information

Standard status Active
Size 6,800 SF - 9,034 SF
Class Class A
Property subtype Office

Building Details

Building Size 124,000 SF
Year Built 1955

Spaces For Lease

at 545 Madison Avenue Contact us

Entire 11th $102/SF/Yr

Size
9,034 SF
Lease Type
Gross
Sublease
No
Contact us

Entire 16th $125/SF/Yr

Size
7,131 SF
Lease Type
Gross
Sublease
No
Contact us

Entire 17th $130/SF/Yr

Size
6,800 SF
Lease Type
Gross
Sublease
No
Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Tara Stacom
Source: Cushmanwakefield
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 11:54AM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This 17-story office building, constructed in 1955, offers approximately 114,000 rentable square feet. The building underwent a complete renovation, including gutting and reskinning, with completion expected in the summer of 2008.

Key Highlights

  • Completely gutted and reskinned building.
  • Building completion summer 2008.
  • 17‑story structure.**

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

49,964
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Completely renovated 17-story office building with 114,000 rentable square feet.
Where is this office building located?
The property is located at 545 Madison Avenue New York, NY.
What are key features of this property?
This property features: Completely gutted and reskinned building.; Building completion summer 2008.; 17‑story structure.**
More about this property
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