171-173 Madison Avenue
Class: B + 10016 Buildings Murray Hill
Direct Office Spaces for Rent
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Avenue & East 33rd Street | $ 59 | 49,800 | $ 244,435 |
| Park Ave & East 32nd Street | $ 49 | 8,300 | $ 34,168 |
| Madison Ave & East 35th Street | $ 53 | 18,600 | $ 81,723 |
| 5th Ave & Between East 30th Street | $ 55 | 16,800 | $ 77,139 |
| Park Ave & Between East 55th Street | $ 220 | 13,900 | $ 254,833 |
| Fifth Ave & West 38th Street | $ 76 | 27,900 | $ 176,700 |
Sublease Office Spaces for Rent
Nearby Sublease Office Spaces for Rent
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,500/mo | $ 1,500/mo | $ 1,000/mo |
| Interior office/person | $ 1,500/mo | $ 1,000/mo | $ 700/mo |
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171-173 Madison Avenue
Located in the highly sought-after Murray Hill neighborhood of Manhattan, 171-173 Madison Avenue offers a variety of customizable leasing options for businesses of all sizes. This 17-story office building provides 125,000 square feet of Class B-rated office space, with opportunities for rent, lease, coworking, and subleasing. Additionally, there are alternative office spaces available nearby.
Despite the rising trend in rental costs, the office rent at 171-173 Madison Avenue has actually decreased from $46.0 to $43.0 per square foot in 2022, making it a more affordable choice for businesses.
Getting to and from the property is extremely convenient due to its strategic location and access to various public transportation options. The 33 Street and 28 Street subway stations offer easy access to multiple train lines, including 4, 6, B, D, F, M, N, Q, and R. Furthermore, the PATH Transit stop is easily reachable via the 33 St Subway Station, and the N and R train lines are accessible at the 28 Street Subway Station.
In conclusion, 171-173 Madison Avenue is an excellent option for businesses looking for office space in the bustling Murray Hill area. Its prime location and flexible leasing options make it a desirable choice.
Despite the rising trend in rental costs, the office rent at 171-173 Madison Avenue has actually decreased from $46.0 to $43.0 per square foot in 2022, making it a more affordable choice for businesses.
Getting to and from the property is extremely convenient due to its strategic location and access to various public transportation options. The 33 Street and 28 Street subway stations offer easy access to multiple train lines, including 4, 6, B, D, F, M, N, Q, and R. Furthermore, the PATH Transit stop is easily reachable via the 33 St Subway Station, and the N and R train lines are accessible at the 28 Street Subway Station.
In conclusion, 171-173 Madison Avenue is an excellent option for businesses looking for office space in the bustling Murray Hill area. Its prime location and flexible leasing options make it a desirable choice.
171-173 Madison Avenue Property Overview
| Bulding Address: | 171-173 Madison Ave |
| Building Alternate address(es): | 171-173 Madison Ave |
| Zip Code: | 10016 |
| Neighborhood: | Murray Hill |
| Borough: | Manhattan |
| Stories: | 17 |
| Year Built: | 1913 |
| Building Class: | B |
| Block & lot: | 00863-0027 |
Map Location
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- JC Edward Corp. leased 2,350 SF at 185 Madison Ave
- Brightstar Healthcare leased 1,750 SF at 180 Madison Ave
- n/a leased 1,512 SF at 183 Madison Ave
- Penn Mutual Life Insurance leased 0 SF at 2 Park Ave
Nearby Retail Tenants Leased
- Irmat Pharmacy leased 2,150 SF at 2 Park Ave
Office Rent 171-173 Madison Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 57.0 |
| 2021 | 46.0 |
| 2022 | 43.0 |
| Year | $ / SF |
|---|
