brandsquarefoot

50 Vanderbilt Avenue

Midtown East

New York, NY 10017

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Building Details

  • Walk Scoreยฎ100
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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
    • 0.02 mi๐Ÿฅ˜ammos estiatorio
    • 0.02 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.04 mi๐Ÿฅ˜Cosรฌ
    • 0.04 mi๐ŸบVander Bar
    • 0.04 mi๐Ÿฅ˜Urban Space
    • 0.05 mi๐Ÿฅ˜LA Fonda Del Sol
    • 0.05 miโ˜•๏ธStarbucks Coffee
    • 0.06 miโ˜•๏ธNaples 45
    • 0.07 miโ˜•๏ธStarbucks
    • 0.08 miโ˜•๏ธStarbucks Coffee
    • 0.08 mi๐ŸบMad 46
    • 0.09 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.11 mi๐Ÿฅ˜Wolfgang's Steakhouse
    • 0.13 miโ˜•๏ธStarbucks Coffee
    • 0.14 miโ˜•๏ธStarbucks
    • 0.14 miโ˜•๏ธeuropa cafe
    • 0.14 miโ˜•๏ธStarbucks Coffee
    • 0.14 mi๐Ÿฅ˜Pershing Square
    • 0.15 miโ˜•๏ธStarbucks Coffee
    • 0.15 miโ˜•๏ธFinancier
    • 0.15 miโ˜•๏ธCentral Cafe
    • 0.15 miโ˜•๏ธStarbucks Coffee
    • 0.15 miโ˜•๏ธAu Bon Pain
    • 0.15 mi๐Ÿฅ˜Connolly's
    • 0.15 mi๐Ÿš‡S456742nd Street-Grand Central
    • 0.15 mi๐ŸบMaggie's Place
    • 0.16 mi๐Ÿฅ˜Pera
    • 0.16 mi๐ŸšŒNew York Airport Service
    • 0.17 mi๐ŸบThe Wheeltapper Pub
    • 0.17 mi๐Ÿฅ˜Sushi-tei
    • 0.17 mi๐Ÿฅ˜Katsuhama
    • 0.17 mi๐Ÿฅ˜Madison & Vine
    • 0.17 mi๐Ÿฅ˜China Moon
    • 0.17 miโ˜•๏ธStarbucks Coffee
    • 0.18 miโ˜•๏ธCafe Metro
    • 0.18 miโ˜•๏ธMarket Cafe
    • 0.19 mi๐Ÿฅ˜Grand Central Place
    • 0.19 mi๐Ÿฅ˜Grasp Grill
    • 0.19 miโ˜•๏ธStarbucks Coffee
    • 0.19 miโ˜•๏ธStarbucks Coffee
    • 0.19 mi๐Ÿฅ˜Curry and Tandoor
    • 0.2 mi๐Ÿฅ˜Udon West
    • 0.2 mi๐Ÿฅ˜Darbar
    • 0.2 mi๐Ÿฅ˜Hatsuhana
    • 0.2 mi๐ŸบRooftop Bar
    • 0.21 miโ˜•๏ธMacchiato Espresso Bar
    • 0.21 miโ˜•๏ธFIKA Grand Central
    • 0.21 mi๐Ÿฅ˜Aretsky's Patroon
    • 0.21 mi๐Ÿฅ˜The Heavenly Burger
    • 0.21 miโ˜•๏ธCafe K
    • 0.21 mi๐Ÿฅ˜Roti
    • 0.21 miโ˜•๏ธPret a Manger
    • 0.21 miโ˜•๏ธFreeFoods
    • 0.22 miโ˜•๏ธAndaz
    • 0.22 miโ˜•๏ธToasties
    • 0.22 mi๐Ÿฅ˜Chopt
    • 0.22 mi๐ŸบP.J. Moran's
    • 0.22 mi๐Ÿฅ˜Emporium Brasil Restaurant
    • 0.22 miโ˜•๏ธStarbucks Coffee
    • 0.23 mi๐Ÿฅ˜Bierhaus
    • 0.23 miโ˜•๏ธDunkin' Donuts
    • 0.23 mi๐Ÿฅ˜44th Street Minar
    • 0.23 miโ˜•๏ธCafe Metro
    • 0.25 mi๐Ÿฅ˜Sushiden
    • 0.25 mi๐Ÿฅ˜Gourmet 45
    • 0.26 miโ˜•๏ธStarbucks Coffee
    • 0.26 mi๐Ÿš‡75th Avenue
    • 0.26 mi๐ŸบThe Perfect Pint
    • 0.26 mi๐Ÿฅ˜Friday's
    • 0.27 mi๐ŸบPark Avenue Tavern
    • 0.27 mi๐Ÿฅ˜Salute
    • 0.27 mi๐Ÿฅ˜Sinigual
    • 0.28 mi๐Ÿฅ˜Luke's Lobster
    • 0.28 mi๐ŸบForty Four
    • 0.28 mi๐ŸบThe Shakespeare
    • 0.28 mi๐Ÿฅ˜Comfort Diner
    • 0.28 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.29 mi๐Ÿฅ˜Sparks Steak House
    • 0.29 mi๐Ÿš—Hippodrome Parking
    • 0.29 mi๐Ÿฅ˜San Martin
    • 0.29 miโ˜•๏ธAroma Espresso Bar
    • 0.29 mi๐Ÿฅ˜Scotty's Dinner
    • 0.3 mi๐Ÿฅ˜House of Lasagne
    • 0.3 mi๐Ÿš—Hippodrome Parking
    • 0.3 mi๐Ÿฅ˜Osteria Laguna
    • 0.3 miโ˜•๏ธGregory Coffee
    • 0.3 mi๐Ÿฅ˜Bryant Park Grill
    • 0.3 miโ˜•๏ธPret a Manger
    • 0.32 mi๐ŸบSilverleaf Tavern
    • 0.32 mi๐Ÿฅ˜The National
    • 0.32 mi๐Ÿฅ˜Salvation Taco
    • 0.32 mi๐ŸบPOD 39 Rooftop
    • 0.32 miโ˜•๏ธLe Pain Quotidien
    • 0.33 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.33 miโ˜•๏ธJava Detour
    • 0.34 mi๐Ÿฅ˜New York Luncheonette
    • 0.34 miโ˜•๏ธMoonstruck
    • 0.34 mi๐Ÿฅ˜Smith & Wollensky
    • 0.35 mi๐Ÿฅ˜Alcala
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 miโ˜•๏ธBreads bakery
    • 0.35 mi๐Ÿš‡651st Street
    • 0.36 miโ˜•๏ธCafe Olympia
    • 0.36 miโ˜•๏ธPret A Manger
    • 0.36 miโ˜•๏ธWaffels and dinges
    • 0.36 mi๐Ÿฅ˜Pampano
    • 0.36 miโ˜•๏ธLe Pain Quotidien
    • 0.36 mi๐Ÿฅ˜The Palm Restaurant
    • 0.36 mi๐Ÿฅ˜John's
    • 0.36 mi๐Ÿฅ˜Sushi Time
    • 0.36 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.36 miโ˜•๏ธStarbucks
    • 0.36 mi๐Ÿš‡BDFM42nd Street - Bryant Park
    • 0.37 mi๐ŸŒฒTurtle Bay Gardens Historic District
    • 0.37 miโ˜•๏ธStarbucks Coffee
    • 0.37 mi๐Ÿฅ˜Cafe China
    • 0.37 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.37 miโ˜•๏ธSouthwest Porch
    • 0.38 miโ˜•๏ธCofeed
    • 0.38 mi๐ŸบKeats
    • 0.38 mi๐Ÿฅ˜Dos Caminos
    • 0.38 miโ˜•๏ธDelecctica
    • 0.39 mi๐ŸบBlaggards Pub
    • 0.39 miโ˜•๏ธLe Pain Quotidien
    • 0.39 miโ˜•๏ธChelsea Bagel
    • 0.39 mi๐Ÿฅ˜The Australian
    • 0.39 mi๐Ÿฅ˜Ali Baba's Terrace
    • 0.39 miโ˜•๏ธMangia Organic
    • 0.39 mi๐Ÿฅ˜Del Frisco's
    • 0.39 mi๐Ÿฅ˜Four Seasons
    • 0.39 mi๐Ÿฅ˜Calico Jack's Cantina
    • 0.4 mi๐ŸบMc Fadden's
    • 0.4 mi๐ŸบEVR NYC
    • 0.4 miโ˜•๏ธPennylane Coffee
    • 0.4 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.4 mi๐Ÿฅ˜Phoenix Garden
    • 0.41 mi๐Ÿฅ˜Shih Lee's Chinese Eastery
    • 0.42 mi๐ŸบBXL Cafe
    • 0.42 miโ˜•๏ธFIKA 52 & LEX
    • 0.42 mi๐Ÿฅ˜El Rio Grande
    • 0.43 mi๐Ÿฅ˜The Lambs Club
    • 0.43 mi๐Ÿฅ˜Duke's
    • 0.43 mi๐ŸบThe Ginger Man
    • 0.43 miโ˜•๏ธDunkin' Donuts
    • 0.43 mi๐Ÿฅ˜Teresa's
    • 0.43 mi๐Ÿฅ˜Tender
    • 0.44 miโ˜•๏ธStarbucks Coffee
    • 0.44 mi๐Ÿฅ˜Del Frisco's
    • 0.44 mi๐ŸบJimmy's Corner
    • 0.44 miโ˜•๏ธFIKA Bryant Park
    • 0.44 mi๐ŸบHaven Rooftop Bar
    • 0.44 mi๐ŸบO'Lunney's
    • 0.45 mi๐Ÿฅ˜Burger Heaven
    • 0.45 miโ˜•๏ธLe Pain Quotidien
    • 0.45 mi๐Ÿบ21 Club
    • 0.45 mi๐Ÿฅ˜Lasagna
    • 0.45 mi๐Ÿฅ˜St. Andrew's
    • 0.45 mi๐Ÿฅ˜Mexicue
    • 0.46 mi๐Ÿฅ˜Tony's
    • 0.46 mi๐Ÿฅ˜Ootoya
    • 0.46 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.46 mi๐Ÿฅ˜Bond45
    • 0.47 mi๐Ÿฅ˜Virgil's Real BBQ
    • 0.47 mi๐Ÿฅ˜Havana Central

    Neighborhood

    Midtown East

    Midtown East, an area of Midtown, is a popular office space location, especially for consulting firms, financial services firms, media companies, and hedge funds. Located near many of Manhattanโ€™s most iconic landmarks, the area is not only a business center but also a well-traveled tourist destination. Midtown East encompasses several unique neighborhoods including the Plaza District, Park Avenue, Madison Avenue, and Grand Central Station.

    SquareFoot's NYC Market Report

     

    Midtown East Office Space | Lease Data & Trends

    Office space rental prices vary greatly based on location, building class, and lease terms and length. On the high end of the spectrum, Class A office space in the Plaza District or on Madison Avenue can cost $100 per square foot. Conversely, Class B office space for lease in the Garment District or near Grand Central Station goes for closer to $60 per square foot.

    In general, Midtown East submarkets are more expensive than the average asking rent for NYC office space $72 per square foot, or the average Brooklyn office space rent of $42 per square foot.

    To help decide what kind of space youโ€™re looking for, read about the differences between Class A and Class B office spaces. What about gross lease, triple net leases, and tenant improvement allowance? If you want to learn more about renting office space in Midtown East, one of our licensed tenant brokers would love to answer your questions.

     

    What Our Brokers Say About Midtown East Office Space

    The borough of Manhattan south of Central Park is traditionally divided into Midtown, Midtown South, and Lower Manhattan. Midtown East is the Eastern half of Midtown that is bordered by Fifth Avenue to the west, the East River to the east, 59th St. to the north, and 42nd Street to the south. The area is home to the Chrysler Building, Rockefeller Center, and the United Nations Headquarters, and visitors will notice a lot of areas that look familiar because theyโ€™ve appeared on postcards and in TV shows.

    Midtown East is primarily a business district and is relatively quiet during the evenings. Traveling around the area and getting to and from nearby districts is easy, especially with the convenient juxtaposition of Grand Central Station, which is not only one of the biggest hubs for public transportation in NYC but also a historic landmark. Nearby subway lines include: 4, 5, 6, N, Q, R, B, D, F, M, E, and 7. If visiting business partners need a place to stay, book rooms in The Langham, The Bernic Hotel, Fitzpatrick Grand Central, or Pod 39.

     

    Popular Neighborhoods in Midtown East

    Each neighborhood located within Midtown East has unique character and features.

    Grand Central Station: Whether you call it by its official name, Grand Central Terminal, or its nickname, Grand Central, this neighborhood is known for housing Grand Central Station, one of the biggest transportation hubs in NYC. Securing office space here means working alongside companies such as Salesforce, YES Network, Oracle, Metlife, and New York Life Insurance.

    Madison Avenue: Madison Avenue, one of the most well-known streets in America, is home to some of the nationโ€™s most influential businesses. Named after the United Statesโ€™ fourth President, James Madison, Madison Avenue is clean, beautiful, and graffiti-free. Though no longer the center of the advertising world, Madison Avenue is still an area in high demand.

    Plaza District: The Plaza District houses some of the most premier commercial real estate in NYC. A 10% vacancy leaves potential tenants with plenty of options to join the districtโ€™s current tenants, which include Colgate-Palmolive, Bloomberg, and NBC Studios.

    Park Avenue: Park Avenue, originally called Fourth Avenue, houses some of the nationโ€™s most expensive real estate, and some of NYCโ€™s richest CEOs live there. Fortune 500 companies such as Citigroup, Mutual of America, JP Morgan, and Metlife have Park Avenue addresses from here.

    photo of the metlife building and grand central station

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