Property profile

667 Madison Ave, New York, NY 10065 New York, NY 10065

OFF-MARKET
Residential offices
Built 1985
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Property summary

AI-generated overview

HIGHLIGHTS Soaring 25-story iconic office tower located at the corner of 61st Street and Madison Avenue in Manhattan's highly sought-after Plaza District. Displaying a Statue of Liberty at the entrance, as well as a full-length George Washington portrait and 16th Century Knights of Armour in the lobby. Perfectly positioned in New York's most exclusive shopping district, surrounded by acclaimed restaurants, luxury stores, and trendy health clubs. Best-in-class amenities include a café with a lounge, a conference center, and an exclusive, state-of-the-art fitness center and golf simulator. Featuring bespoke office interiors with high-end finishes, wide-planked wood floors, up to 14-foot ceiling heights, and floor-to-ceiling windows. Providing an easy commute with three subway stations within two blocks and a short drive to New York City's main thoroughfares, FDR Dr. and 12th Ave. PROPERTY OVERVIEW Rising 25 stories above Midtown Manhattan, 667 Madison Avenue is widely acknowledged as one of New York City's finest office buildings. The majestic office building sits at the corner of 61st Street and Madison Avenue and is only steps from Central Park in the Plaza District. Containing 273,114 square feet, the iconic tower is sheathed with a granite façade that's enhanced by a decorative limestone trim. The property's detailed design pairs immersive ceiling heights with superb finishes and museum-quality artwork. Tenants and guests are greeted by a 10-foot-tall bronze Statue of Liberty by Frédéric Auguste Bartholdi. Gilbert Stuart's full-length portrait of George Washington and 16th-century Knights of Armour are also on display. The building also boasts amenities such as a staffed fitness center and golf simulator for exclusive tenant use. 667 Madison Avenue's proximity to an abundance of transit options and surrounding services and amenities increases its attractiveness. The property is within two blocks of three subway stations, less than a mile east of FDR Drive and the Ed Koch Queensboro Bridge, and a mile and a half west of 12th Avenue. At the center of New York City's most famous shopping district, 667 Madison Avenue is surrounded by fine dining, chic boutiques, sophisticated health clubs, and urbane hotels. 667 Madison Avenue presents businesses with a sophisticated, productive environment in the heart of Manhattan's thriving Plaza District. 24 Hour Access Bus Line Controlled Access Concierge Conferencing Facility Fitness Center Metro/Subway Property Manager on Site Security System Accent Lighting Automatic Blinds Air Conditioning Balcony

Property profile

Verified
Property type Residential offices
Year built 1985

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • University
  • Plumbing Service General Contractor
  • Take-out & Catering Catering Service
  • Translation Service
  • Physician

Location

667 Madison Ave, New York, NY 10065 New York, NY 10065
New York metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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