240 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 |
|---|---|---|---|
| Madison Ave & East 39th Street | $ 51 | 26,600 | $ 112,662 |
| Fifth Ave & West 38th Street | $ 76 | 27,900 | $ 176,700 |
| Madison Ave & East 35th Street | $ 53 | 18,600 | $ 81,723 |
| E 40th St & Fifth Avenue | $ 71 | 8,800 | $ 51,846 |
| Madison Ave & East 41st Avenue | $ 85 | 6,300 | $ 44,467 |
| Madison Ave & East 40th Street | $ 66 | 6,100 | $ 33,753 |
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
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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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Panelz USA Testimonial
240 Madison Avenue
240 Madison Avenue, situated in Murray Hill, Manhattan, is a 16-story building offering exceptional Class B office space covering a total area of 96,000 square feet that is currently up for rent. This property, established in 1925, provides a range of leasing options suitable for businesses of all sizes and industries. While co-working spaces may not be presently available, our team of professionals is proficient in guiding prospective tenants through the negotiation process to secure the most favorable deals. Additionally, alternative leasing possibilities, such as subleasing options, can be explored within the surrounding neighborhood. The building is located in Zip code 10016, and the average rental rate for 2021 was $39.32 per square foot, compared to $44.00 in 2020, which remained unaffected by leasing market trends.
240 Madison Avenue Property Overview
| Bulding Address: | 240 Madison Ave |
| Bulding Name: | Syndicate Trading Company |
| Building Alternate address(es): | 240 Madison Ave |
| Zip Code: | 10016 |
| Neighborhood: | Murray Hill |
| Borough: | Manhattan |
| Stories: | 16 |
| Year Built: | 1925 |
| Building Class: | B |
| Block & lot: | 00867-0018 |
Map Location
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Akam Associates leased 23,000 SF at 260 Madison Ave
- Crowley Tar leased 4,876 SF at 261 Madison Ave
- Kirschstein, Ottinger, Israel & Schiffmiller leased 4,650 SF at 425 Fifth Ave
- Merchants Overseas leased 2,880 SF at 389 Fifth Ave
- Young Playwrights Inc. leased 1,800 SF at 431 Fifth Ave
- Quizno~~#s leased 1,750 SF at 417 Fifth Ave
- WhitePages.com leased 1,556 SF at 232 Madison Ave
- DMF Sales Company leased 1,485 SF at 411 Fifth Ave
Nearby Retail Tenants Leased
- Citibank leased 15,000 SF at 411 Fifth Ave
- Ricky's leased 5,000 SF at 417 Fifth Ave
- Staples leased 3,556 SF at 261 Madison Ave
- Alidoro leased 2,000 SF at 260 Madison Ave
Office Rent 240 Madison Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 49.0 |
| 2020 | 44.0 |
| 2021 | 39.32 |
| Year | $ / SF |
|---|
