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    200 Madison Ave New York, NY 10016

    For Lease
    Contact for pricing

    Prestigious NYC Office Space Available

    Lot size:
    750,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    200 Madison Avenue offers exceptional executive office space in a landmark 26-story Class A building. This iconic New York City property, built in 1926 and renovated in 2022, boasts 750,000 square feet of total space, with 297,829 square feet currently vacant. Nine suites are available, ranging from 18,565 to 51,423 contiguous square feet, perfect for a variety of business needs. The building features flexible floor plates, impressive ceiling heights ranging from 12'0" to 14'0", and abundant natural light. Located in the Grand Central submarket, this prime Midtown South location offers unparalleled accessibility. Its central position provides easy access to Grand Central Terminal and Penn Station, major transportation hubs with numerous subway lines, commuter buses, and train services. The building's C5-2 zoning ensures flexibility for various business uses. This is an exceptional opportunity to secure prestigious office space in one of Manhattan's most desirable locations. The building's convenient location, combined with its modern amenities and historical significance, makes it an ideal choice for discerning businesses. The property's multiple tenancy structure allows for a diverse range of tenants, creating a vibrant and dynamic work environment. The building's impressive scale and modern renovations ensure a comfortable and productive workspace. This is a rare opportunity to lease high-quality office space in a prime Manhattan location.

    Property Features for 200 Madison Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    750,000 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1926/2022
    Stories
    26

    Unit(s) available at that property

    Space
    Floor 16(1600)
    Size
    18,788 SF
    Space
    Floor 8(800)
    Size
    51,218 SF
    Space
    Floor 12(1200)
    Size
    18,565 SF
    Space
    Floor 14(1400)
    Size
    18,565 SF
    Space
    Floor 15(1500)
    Size
    18,788 SF
    Space
    Floor 17(1700)
    Size
    18,788 SF
    Space
    Floor 4(400)
    Size
    50,759 SF
    Space
    Floor 2(200)
    Size
    50,584 SF
    Space
    Floor 3(300)
    Size
    50,759 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Margaret G. Klein ... Attorney Appnovation Technologies Website Designer Manhattan Dental Spa Dentist Owen Christopher Attorney Jack E. Lepper Real Estate Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Law Firm Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9825933
    Latitude
    40.749138

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious NYC Office Space Available
    Where is this office property / space located?
    The property is located at 200 Madison Ave New York, NY.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Madison Ave New York, NY 10016
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