575 Madison Avenue

Madison Avenue

New York, NY 10022

  • 700 - 11,157 sqft
  • inquire for pricing

Building Details

  • Owner/Leasing ManagerDouglas Elliman Real Estate
  • Floors25
  • 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.

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  • Availability

    1st Floor700 sqftInquire for pricing
    1st Floor1,100 sqftInquire for pricing
    1st Floor1,950 sqftInquire for pricing
    2nd Floor2,550 sqftInquire for pricing
    7th Floor3,315 sqftInquire for pricing
    24th Floor8,628 sqftInquire for pricing
    24th Floor8,847 sqftInquire for pricing
    24th Floor8,850 sqftInquire for pricing
    21st Floor11,157 sqftInquire for pricing
    • 0.08 mi🥘Aquavit
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    • 0.2 mi🚇EM53rd Street-5th Avenue
    • 0.2 mi🥘Little Collins
    • 0.21 mi🚇NRW5th Avenue – 59th Street
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    • 0.23 mi🥘Five Guys
    • 0.23 mi☕️Starbucks
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    • 0.26 mi🚇EM53rd Street-Lexington Avenue
    • 0.26 mi☕️FIKA 52 & LEX
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    • 0.27 mi🍺Cassidy’s
    • 0.27 mi🚇NRW59th Street-Lexington Avenue
    • 0.27 mi🥘Beyond Sushi
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    • 0.27 mi🥘Bistro Milano
    • 0.27 mi🍺21 Club
    • 0.28 mi🍺Whiskey Trader
    • 0.28 mi☕️FIKA 58th Street
    • 0.29 mi🥘Bill's Bar & Burger
    • 0.29 mi☕️Starbucks
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    • 0.3 mi🥘P.J. Clarke’s
    • 0.3 mi🚇F57th Street
    • 0.31 mi☕️Jamba Juice
    • 0.31 mi🥘Wayfarer
    • 0.32 mi🥘Maloney & Porcelli
    • 0.32 mi🥘Bill's Bar & Burger
    • 0.32 mi☕️pick a bagel
    • 0.33 mi☕️Starbucks
    • 0.33 mi🚇651st Street
    • 0.33 mi🥘CoolMess
    • 0.34 mi🥘Serendipity 3
    • 0.34 mi🥘Chipotle
    • 0.34 mi🥘Le Parker Meridien Burger
    • 0.34 mi🥘Del Frisco's
    • 0.34 mi🚌bus m101
    • 0.35 mi🥘Brasserie Ruhlman
    • 0.35 mi🥘Teresa's
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    • 0.37 mi☕️Dancing Crane Cafe
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    • 0.38 mi🥘New York Luncheonette
    • 0.38 mi☕️Starbucks Coffee
    • 0.39 mi🥘Angelo Bellini
    • 0.39 mi☕️Pret a Manger
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    • 0.39 mi☕️Juice Press
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    • 0.44 mi🥘Ted's Montana Grill
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    • 0.46 mi🥘Katsuhama
    • 0.46 mi🥘Le Pain Quotidien
    • 0.46 mi🥘Tony's
    • 0.46 mi🍺Maggie's Place
    • 0.46 mi☕️Au Bon Pain
    • 0.46 mi🥘Smith & Wollensky
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    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 country’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 community’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 Sanitation’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 don’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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