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    OFF-MARKET
    Office Spaces

    136 Floors, New York, NY 10016

    36,728 SF
    Property ID
    Property summary
    AI-generated overview

    This Class A office building at 136 Madison Avenue, located in the vibrant Murray Hill neighborhood of New York City (zip code 10016), offers a diverse range of executive office, coworking, and creative office spaces. The building, renovated in 2019, encompasses 36,728 square feet and features 350 suites, with a current vacancy of 5,970 square feet. Units are available from a minimum of 10 square feet up to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building boasts modern amenities including elevators and is conveniently located near Penn Station, providing easy access to public transportation. Tenancy is multiple, allowing for a flexible and adaptable workspace. On-site options range from fully furnished private offices to custom-designed spaces, disaster recovery solutions, and day offices, all designed to meet diverse business needs. A benefits program offering exclusive discounts and procurement support is also available. The building's location provides easy access to nearby restaurants such as Take 31 and Wolfgang's Steakhouse. This property presents a unique opportunity to establish a presence in a thriving, creative business community within a prestigious New York City address.

    Property profile
    Verified
    Property type Office Spaces
    Total area 36,728 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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