$50/SF-Grand Central-21 Offices-5 Year Term-Pristine
This is a unique opportunity for move-in-condition space available for long term in Midtown, proximate to Grand Central Station, for $50 per square foot! This is an unheard-of rent on Madison Avenue in the low 50’s in a well-managed Class-A building. There are 19 windowed offices, each 150 sq. ft., with one glass wall looking into the space. The offices are fully furnished. There are 10 large self-contained workstations and there is plenty of filing space outside of the offices. The space was gently used and is in excellent condition. The only construction required is building 2 conference rooms immediately off the reception area, which work will be performed by the Landlord.
The space is available for immediate occupancy — and if you only need 19 or 20 offices for your firm, both corner offices are currently set up as windowed conference rooms. There is a full kitchen and lunch room as well as an IT room and plenty of built-in lateral filing cabinets. The reception area has a nice sheetrock ceiling with downlights, and the carpet is in like-new condition.
In the current frothy CRE market, $50 in Midtown is unheard of, and if your firm is looking for new, legal, appropriate office space, we hope you’ll consider evaluating this.
View the listing with photographs → https://lookingforspace.com/ny/new-york/10022/madison-avenue-low-50-s/2095/
For further information or inspection please reach out:
Neal Lerner
(212) 986-9100
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