brandsquarefoot

16 East 48th Street

Madison Avenue

New York, NY 10017

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Building Details

  • Walk Scoreยฎ99
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  • Sample Units

    UnitSizePriceInquire
    Small2,500 sqftInquire for pricing
    Medium5,000 sqftInquire for pricing
    Large10,000 sqftInquire for pricing
    Whole Floor20,000 sqftInquire for pricing
    • 0.01 mi๐Ÿฅ˜Grasp Grill
    • 0.02 mi๐Ÿฅ˜Hatsuhana
    • 0.02 mi๐ŸบP.J. Moran's
    • 0.03 miโ˜•๏ธCafe K
    • 0.04 mi๐Ÿฅ˜Katsuhama
    • 0.04 miโ˜•๏ธToasties
    • 0.04 mi๐Ÿฅ˜Sushi-tei
    • 0.04 mi๐Ÿฅ˜China Moon
    • 0.05 mi๐ŸบMaggie's Place
    • 0.05 miโ˜•๏ธAu Bon Pain
    • 0.06 mi๐Ÿฅ˜Connolly's
    • 0.06 mi๐Ÿฅ˜Sushiden
    • 0.06 miโ˜•๏ธPret a Manger
    • 0.06 miโ˜•๏ธStarbucks Coffee
    • 0.07 miโ˜•๏ธStarbucks Coffee
    • 0.07 mi๐Ÿฅ˜Friday's
    • 0.1 mi๐Ÿฅ˜Wolfgang's Steakhouse
    • 0.12 mi๐ŸบMad 46
    • 0.12 miโ˜•๏ธStarbucks Coffee
    • 0.12 mi๐ŸบRooftop Bar
    • 0.14 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.14 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.14 mi๐Ÿฅ˜Emporium Brasil Restaurant
    • 0.16 miโ˜•๏ธStarbucks Coffee
    • 0.16 mi๐ŸบVander Bar
    • 0.17 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.17 mi๐Ÿฅ˜Cosรฌ
    • 0.17 miโ˜•๏ธeuropa cafe
    • 0.17 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.18 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.18 miโ˜•๏ธStarbucks Coffee
    • 0.18 mi๐Ÿฅ˜ammos estiatorio
    • 0.19 miโ˜•๏ธFreeFoods
    • 0.19 mi๐Ÿฅ˜Del Frisco's
    • 0.21 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.21 miโ˜•๏ธFinancier
    • 0.22 miโ˜•๏ธNaples 45
    • 0.22 mi๐Ÿฅ˜Urban Space
    • 0.22 miโ˜•๏ธStarbucks Coffee
    • 0.24 miโ˜•๏ธPret A Manger
    • 0.24 mi๐Ÿฅ˜Teresa's
    • 0.25 mi๐Ÿบ21 Club
    • 0.25 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.25 mi๐Ÿฅ˜LA Fonda Del Sol
    • 0.26 mi๐Ÿฅ˜Burger Heaven
    • 0.26 miโ˜•๏ธLe Pain Quotidien
    • 0.26 mi๐Ÿฅ˜The National
    • 0.26 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.27 miโ˜•๏ธStarbucks
    • 0.27 mi๐ŸบForty Four
    • 0.27 mi๐Ÿฅ˜San Martin
    • 0.28 mi๐Ÿš‡651st Street
    • 0.28 mi๐Ÿš—Hippodrome Parking
    • 0.28 mi๐Ÿš—Alpha Garage
    • 0.28 mi๐Ÿฅ˜Four Seasons
    • 0.29 mi๐Ÿฅ˜Del Frisco's
    • 0.29 miโ˜•๏ธGregory Coffee
    • 0.29 miโ˜•๏ธStarbucks
    • 0.29 mi๐Ÿฅ˜The Modern - The Bar Room
    • 0.29 mi๐Ÿฅ˜New York Luncheonette
    • 0.29 miโ˜•๏ธStarbucks Coffee
    • 0.3 mi๐Ÿฅ˜Curry and Tandoor
    • 0.3 mi๐Ÿฅ˜Fogo de chao
    • 0.3 mi๐Ÿฅ˜Udon West
    • 0.3 mi๐Ÿฅ˜Darbar
    • 0.31 mi๐Ÿš—Hippodrome Parking
    • 0.31 mi๐Ÿฅ˜Aretsky's Patroon
    • 0.31 mi๐ŸบBill's Gay Nineties
    • 0.31 miโ˜•๏ธCafe Metro
    • 0.32 miโ˜•๏ธFIKA 52 & LEX
    • 0.32 mi๐Ÿฅ˜Capital Grille at Time-Life
    • 0.32 mi๐ŸบThe Wheeltapper Pub
    • 0.33 mi๐Ÿฅ˜Tender
    • 0.33 mi๐Ÿฅ˜Ted's Montana Grill
    • 0.33 mi๐ŸบHaven Rooftop Bar
    • 0.33 mi๐Ÿš‡75th Avenue
    • 0.33 mi๐Ÿฅ˜Pera
    • 0.34 miโ˜•๏ธStarbucks Coffee
    • 0.34 mi๐Ÿฅ˜Pershing Square
    • 0.34 miโ˜•๏ธAndaz
    • 0.35 miโ˜•๏ธCentral Cafe
    • 0.35 mi๐Ÿฅ˜Smith & Wollensky
    • 0.35 mi๐Ÿฅ˜Madison & Vine
    • 0.35 miโ˜•๏ธStarbucks Coffee
    • 0.35 mi๐Ÿฅ˜Mozzarella & Vino
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 mi๐Ÿš‡S456742nd Street-Grand Central
    • 0.35 mi๐Ÿฅ˜Sushiden
    • 0.36 miโ˜•๏ธMarket Cafe
    • 0.36 miโ˜•๏ธStarbucks Coffee
    • 0.36 miโ˜•๏ธMacchiato Espresso Bar
    • 0.36 mi๐ŸบConnolly's
    • 0.36 miโ˜•๏ธDunkin' Donuts
    • 0.36 mi๐ŸšŒNew York Airport Service
    • 0.36 miโ˜•๏ธDunkin' Donuts
    • 0.36 mi๐Ÿฅ˜Bierhaus
    • 0.36 mi๐Ÿฅ˜Dos Caminos
    • 0.36 mi๐Ÿฅ˜St. Andrew's
    • 0.37 mi๐Ÿš‡EM53rd Street-Lexington Avenue
    • 0.37 miโ˜•๏ธStarbucks Coffee
    • 0.37 miโ˜•๏ธStarbucks
    • 0.37 miโ˜•๏ธStarbucks Coffee
    • 0.37 mi๐Ÿฅ˜Gourmet 45
    • 0.37 mi๐ŸบO'Lunney's
    • 0.37 mi๐Ÿฅ˜Pampano
    • 0.38 mi๐Ÿฅ˜Aquavit
    • 0.38 mi๐Ÿฅ˜Havana Central
    • 0.38 mi๐ŸบThe Perfect Pint
    • 0.38 mi๐Ÿฅ˜La Bonne Soupe
    • 0.38 mi๐Ÿฅ˜Grand Central Place
    • 0.38 mi๐Ÿฅ˜44th Street Minar
    • 0.39 mi๐Ÿฅ˜The Heavenly Burger
    • 0.39 mi๐Ÿฅ˜Le Bernardin
    • 0.39 mi๐Ÿฅ˜Iroha
    • 0.39 mi๐Ÿฅ˜Il Corso
    • 0.39 mi๐Ÿฅ˜Hillstone
    • 0.39 mi๐Ÿฅ˜The Lambs Club
    • 0.39 miโ˜•๏ธBreads bakery
    • 0.39 mi๐Ÿฅ˜Roti
    • 0.39 mi๐Ÿฅ˜Benoit
    • 0.39 mi๐Ÿฅ˜Sparks Steak House
    • 0.39 mi๐Ÿฅ˜Five Guys
    • 0.39 mi๐Ÿš‡BDFM42nd Street - Bryant Park
    • 0.39 mi๐Ÿฅ˜Bryant Park Grill
    • 0.39 miโ˜•๏ธWaffels and dinges
    • 0.39 mi๐Ÿฅ˜Bistro Milano
    • 0.39 mi๐ŸบJimmy's Corner
    • 0.39 mi๐ŸบBXL Cafe
    • 0.4 mi๐Ÿฅ˜Chopt
    • 0.4 mi๐Ÿฅ˜Bond45
    • 0.41 miโ˜•๏ธLe Pain Quotidien
    • 0.41 mi๐Ÿฅ˜Joe's Shanghai
    • 0.41 mi๐ŸบCassidyโ€™s
    • 0.41 miโ˜•๏ธFIKA Grand Central
    • 0.41 mi๐Ÿฅ˜Comfort Diner
    • 0.41 mi๐ŸŒฒTurtle Bay Gardens Historic District
    • 0.41 mi๐ŸšŒbus m101
    • 0.41 mi๐ŸบWhiskey Trader
    • 0.41 mi๐Ÿฅ˜Planet Hollywood
    • 0.41 mi๐Ÿฅ˜Friday's
    • 0.42 mi๐Ÿš‡NRW49th Street
    • 0.42 mi๐Ÿฅ˜TGI Fridays
    • 0.42 mi๐Ÿฅ˜Buca di Beppo
    • 0.42 mi๐Ÿฅ˜Virgil's Real BBQ
    • 0.43 mi๐ŸบNall's Irish Pub & Restaurant
    • 0.43 miโ˜•๏ธCafe Metro
    • 0.43 mi๐Ÿฅ˜Tony's
    • 0.43 mi๐Ÿฅ˜Roast Chicken
    • 0.43 miโ˜•๏ธStarbucks Coffee
    • 0.43 mi๐Ÿฅ˜The Playwright
    • 0.43 mi๐Ÿš—Icon
    • 0.44 miโ˜•๏ธNinth Street Espresso
    • 0.44 miโ˜•๏ธSouthwest Porch
    • 0.44 mi๐Ÿฅ˜Luke's Lobster
    • 0.44 mi๐Ÿฅ˜Menkui Teu
    • 0.44 mi๐Ÿฅ˜Salute
    • 0.44 miโ˜•๏ธCofeed
    • 0.44 mi๐Ÿฅ˜Beyond Sushi
    • 0.45 mi๐Ÿฅ˜Little Collins
    • 0.45 miโ˜•๏ธKelloggยดs Cafe
    • 0.45 mi๐Ÿฅ˜Brooklyn Diner - Time Square
    • 0.45 miโ˜•๏ธStarbucks Coffee
    • 0.45 mi๐Ÿฅ˜Hudson Malone
    • 0.45 miโ˜•๏ธLittle Collins
    • 0.45 miโ˜•๏ธStarbucks Coffee
    • 0.46 mi๐Ÿฅ˜Blue Fin
    • 0.46 mi๐Ÿฅ˜Angelo Bellini
    • 0.46 miโ˜•๏ธLe Pain Quotidien
    • 0.46 mi๐ŸบThe Shakespeare
    • 0.46 mi๐Ÿฅ˜Lasagna
    • 0.46 mi๐Ÿฅ˜Sinigual
    • 0.47 miโ˜•๏ธStarbucks
    • 0.47 miโ˜•๏ธAroma Espresso Bar
    • 0.47 mi๐ŸบPark Avenue Tavern
    • 0.47 miโ˜•๏ธFIKA Bryant Park
    • 0.47 mi๐Ÿฅ˜Osteria Laguna
    • 0.48 miโ˜•๏ธPret a Manger

    Neighborhood

    Madison Avenue

    Stretching from Madison Square to East Harlem, Madison Avenue is one of the most iconic streets in America and has been home to some of the countryโ€™s most influential businesses. Madison Avenue has been closely associated with the luxury and advertising world for the past century, but the Don Drapers of the world no longer dominate the area. Madison Avenue offices are home to international retail brands, law firms, creative agencies, hedge funds, consulting firms, and tech startups. Options include long-term rentals, short-term leases, coworking, and shared offices.

    Stretching about 6 miles North to South, Madison Avenue brings you close to dozens of popular neighborhoods and landmarks, including the Flatiron District, the Empire State Building, Grand Central Station, Bryant Park, Murray Hill, Rockefeller Center, Midtown East, Park Avenue, the Upper East Side, and East Harlem. However, the standard Fifth/Madison submarket stretches from around 47th Street in the South to 65th Street, with Sixth Avenue and Madison serving as the East-West borders.

     

    Madison Avenue Office Space | Lease Data & Trends

    The Fifth/Madison Avenue market is one of the premium submarkets in Manhattan, with more than 24 million square feet of easily accessible office space. The average rent price for Madison Avenue office space is $99 per square foot, among the highest rates in NYC. For office leases in Class A buildings, that average rent price rises to $105 per square foot. The high price is due to the quality of buildings, and high foot traffic that is crucial to retail brands.

    One of the many perks of renting office space on Madison Avenue is the communityโ€™s commitment to keeping the street clean and beautiful. The Madison Avenue Business Improvement District has committed to helping property owners maintain a litter and graffiti-free environment, with a professional cleaning crew supporting the Department of Sanitationโ€™s efforts to collect garbage, line and empty trash bins, remove snow from sidewalks, and remove stickers and flyers. The group has also led a local beautification initiative, planting dozens of trees along the street.

    Popular office buildings include 11 East 44 Street, 350 Madison Avenue, and 340 Madison Avenue.

     

    Transportation: Getting to, From, and Around Madison Avenue

    Given its location in the heart of Manhattan, we donโ€™t recommend trying to drive near or around Madison Avenue (if you must, brace yourself for traffic, and factor parking into your budget). Office tenants instead can take advantage of a range of public transit options, along with protected bike lanes in Central Park and along 1st and 2nd Avenues.

    Employees based in Queens or North Brooklyn can bike across the Queensboro Bridge, and Roosevelt Island residents can take the train or tram. There are a dozen CitiBike docking stations within the Fifth/Madison submarket, with many additional stations on Park and Lexington Avenues.

    The Lexington Avenue line (4 and 5 express trains, 6 local) runs parallel to Madison Avenue, and the newly completed Q train extension runs through the Upper East Side. Offices located closer to Midtown have more extensive transit options, including the F, M, N, Q, R, and W trains, local and express buses, and Metro-North trains that run from Westchester, Putnam, and Dutchess Counties and areas in Connecticut to Grand Central Station.

     

    Why Employees Love the Fifth/Madison Area

    In addition to plenty of transit options and proximity to Central Park, The Madison Avenue area offers hundreds, if not thousands, of restaurants, coffee shops, and bars for employees and clients to enjoy within walking distance. Our brokers are particularly fond of Viand, Little Collins, and Amali. Employees are also a short walk from the Museum of Modern Art, Metropolitan Museum of Art, the Frick Museum, and the Transit Museum.

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