Office · For lease · Midtown
Plaza District office, partial floor
590 Madison Ave, Floor 17
- Size
- 8,800 SF
- Asking rent
- $105/SF/yr
- Est. monthly
- $77,000
- Available
- Jan 23, 2027
Work out the rent over a lease termincreases, free rent, net effective rent
Commercial Rent Tax: about $36,036 a year at this rent 3.9% of rent
Class A partial floor on Madison Avenue with Central Park glimpses. Efficient layout and a full-service lobby.
- 24/7 access
- ADA accessible
- Near subway
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I'm interestedHow the asking rent compares
$105/SF a year is higher than what three in four Manhattan office buildings collected per square foot in 2024 (the top quarter starts at $74.58).
- This space
- $105/SF/yr in the top quarter
- Median
- $52.08/SF/yr
- Middle half
- $38.22 to $74.58
Source: the income and expense statements that owners of Manhattan office buildings file with the city (NYC Department of Finance (opens in a new tab), 2024 filings, 1,506 in the borough). It is what whole buildings across the borough collected (not this neighborhood alone), with vacant space, concessions and older leases in the mix: a baseline, not a quote for this space. Every borough, side by side
How much commercial rent costs in NYC, and what is paid on top of it
Getting there
- B D F M at 42 St-Bryant Pk
- 7 at 5 Av
- N Q R W at Times Sq
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