Address: | 270 Madison Avenue | Class: | B |
Cross Streets: | Fifth & Madison Avenues | Size: | 258,283 SF |
Year built: | 1923 | Architect: | Rouse & Goldstone |
The office building located at 270 Madison Avenue in the heart of Midtown Manhattan was initially completed in 1923, with a design by Rouse & Goldstone. It was renovated in 2004 when ABS Partners Real Estate acquired it. The building currently houses various office and retail tenants and offers best-in-class amenities in an excellent location near Grand Central and Penn Station. The property is an ideal fit for companies in healthcare, law, media and communications, and financial services.
259 KSF of Class B Grand Central Office Space
The property located at 270 Madison Avenue offers 258,283 square feet of Class B Grand Central office space across 19 floors. The 1923-built asset was renovated in 2004 when purchased by the current owner and manager ABS Partners Real Estate. 270 Madison includes more than 13,000 square feet of retail spaces and offers amenities including 24/7 access, a renovated and attended lobby, concierge services, bicycle storage, high ceilings, natural light, state-of-the-art security system, partitioned offices, and air conditioning. The building also boasts an Energy Star rating of 75 for its energy-efficient features.
Getting to and from 270 Madison Avenue
270 Madison Avenue is conveniently located in the heart of Midtown Manhattan, providing easy access to a plethora of shopping, dining, and public transport destinations. The property is less than a 10-minute walk from Grand Central Station and Bryant Park, with Penn Station also just a short walk away. Those working in the building have access to the 4, 5, 6, N, Q, R, S, W, and 7lines and can take a short walk to the Port Authority.
Who is renting office space at 270 Madison Avenue?
The office building at 270 Madison Avenue is an ideal option for attorneys, accountants, financial services professionals, and creative office tenants in media, communications, or advertising. Current tenants include Rhodes, Thorgood Law, Kimmel & Kimmel, Hamilton FInancial, and Marston Webb International.
How much is the rent price for office space at 270 Madison Avenue?
Office asking rents at 270 Madison start at $60 per square foot, which is significantly more affordable than rents found in other Midtown Manhattan submarkets such as Hudson Yards or the Plaza District. The building offers high-end amenities and an excellent location and is a perfect fit for small and mid-sized firms looking for quality office space close to public transportation.
Image via Google Street View