575 Madison Avenue
Upper East Side
New York, NY 10022
- 700 - 11,157 sqft
|1st Floor||700 sqft||$4,200 /mo est|
|1st Floor||1,100 sqft||$6,600 /mo est|
|1st Floor||1,950 sqft||$11,700 /mo est|
|2nd Floor||2,550 sqft||$15,300 /mo est|
|24th Floor||8,628 sqft||$51,768 /mo est|
|24th Floor||8,847 sqft||$53,082 /mo est|
|24th Floor||8,850 sqft||$53,100 /mo est|
|21st Floor||11,157 sqft||$66,942 /mo est|
- 0.15 mi🚗Alpha Garage
- 0.2 mi🚇EM53rd Street-5th Avenue
- 0.21 mi🚇NRW5th Avenue – 59th Street
- 0.25 mi🚇45659th Street
- 0.26 mi🚇EM53rd Street-Lexington Avenue
- 0.27 mi🚇NRW59th Street-Lexington Avenue
- 0.3 mi🚇F57th Street
- 0.33 mi🚇651st Street
- 0.34 mi🚌bus m101
- 0.37 mi🚇F QLexington Avenue-63rd Street
- 0.45 mi🚗Icon
- Owner/Leasing ManagerDouglas Elliman Real Estate
- Height287 feet
- ArchitectEmery Roth & Sons
- Walk Score®98
- Year Built1950
- Noise Index0.53
575 Madison Avenue, New York, NY 10022 is located between 56th and 57th Street. The structure was completed in 1950, tops out at 25 stories, reaches a height of 287 feet, and contains over 385,000 square feet of office space for rent. Since 575 Madison Avenue is a larger structure, it is well suited for organizations looking for premium commercial real estate and large blocks of contiguous office space. Many of the newer buildings that are springing up around Midtown and the Financial District have large vacancies that have yet to be filled. These kinds of spaces are ideal for large firms that are looking up to open a base of operations in New York City. 575 Madison Ave has been renovated at numerous time throughout its tenure. The improvements have served to improve the office space to modern standards as well as keep building lobby and infrastructure functional and up-to-date. 575 Madison Avenue is located in Midtown, which is Manhattan’s premier business district. Midtown Manhattan features a huge amount of commercial real estate and is one of the most densely populated pieces of land in the world. There are a huge number of skyscrapers, hotels, restaurants, retailers, bus stops, and train stations that saturate the neighborhood with high quality tenants and both native and tourist foot traffic. The result is a great selection of office space for tenants, and huge foot traffic numbers for retailers. 575 Madison Ave is highly accessible thanks to New York City’s extensive bus and train network. The Metropolitan Transit Authority (MTA) features a huge bus network which make nearly all portions of the city accessible. In addition, the building lies in close proximity to the MTA’s blue, green, yellow, and orange subway lines. These transportation options help make the building easily accessible.
The Upper East Side, comprising Lenox Hill, Carnegie Hill, and Yorkville, has a long history of affluence in New York City. Notable American families with homes here have included the Kennedys, Roosevelts, Rockefellers, and Carnegies.
Compared to the hustle and bustle of Manhattan neighborhoods further south, the Upper East Side moves at a slower, more relaxed pace. The large number of schools, playgrounds, and community centers make the neighborhood feel a bit more suburban. And of course, Central Park and Museum Mile are two of the most popular family destinations in all of the city.
The Upper East Side is also the scene of the newly opened Second Avenue Subway, much to the delight of residential and commercial tenants. The Q-line runs along Second Avenue from 72nd Street up to 96th Street, and has alleviated much of the pressure from the 4,5,6 lines.
Rents for commercial real estate spaces in the Upper East Side fall right at the city-wide average of $72/sqft. For this price you can join the midst of companies such as Dylan’s Candy Bar and Agata & Valentina.