|Address:||274 Madison Avenue||Class:||B|
|Cross Streets:||Madison & Fifth Avenues||Size:||91,000 SF|
|Year built:||1927||Architect:||Sloan & Robertson|
The unassuming office building located at 274 Madison Avenue was built in 1927 and is known as the Alexander Wilson Building. It was designed in an Art Nouveau-inspired style by Sloan & Robertson, the same architects behind the Chanin Building, the Maritime Exchange Building, or the Graybar Building. The building initially served as a retail property, but it’s been converted to creative office space over the years. Nowadays, 274 Madison Avenue is home to various office tenants in healthcare, law, and financial services.
91 KSF of Class B Grand Central Station Office Space
The 274 Madison Avenue property incorporates roughly 91,000 square feet of Class B Grand Central Station office space across 19 floors. It is currently owned and managed by Abramson Brothers and underwent renovations in 2010-2011. The building also includes 6,000 square feet of ground-floor retail space. Amenities at the Midtown Manhattan office building include high-speed internet access, lobby access, security systems, and easy access to public transportation.
Getting to and from 274 Madison Avenue
The office building at 274 Madison Avenue benefits from an excellent location in the heart of Midtown Manhattan, in the up-and-coming Grand Central Station submarket. Those working within the building have easy access to Grand Central Terminal, connecting them to all parts of the city and beyond. The building is also close to many shopping, dining, and hospitality destinations in the area.
Who is renting office space at 274 Madison Avenue?
274 Madison Avenue is home to various high-profile tenants in industries like healthcare, law, accounting, and public relations. Notable tenants occupying office space in the building include New York City Thai Wellness Center, AT&T Health Care, New York Dental Office, Madison Medical Practice, Briloff & Briloff, and Walk-In Clinic NY. Chipotle Mexican Grill occupies the ground floor.
How much is the rent price for office space at 274 Madison Avenue?
Office asking rents at 274 Madison Avenue start around $50-$60 per square foot, depending on the size and terms of the lease. The property is significantly more affordable than Class A office space in the Plaza District, Hudson Yards, or other parts of Midtown Manhattan, where rents can often surpass $90 and even $100 per square foot.
Image via Google Street View