Full Floor Sublease in Madison Square Park – 13,558 RSF

October 4, 2019

Scott Ansel

Market Expert

Associate, Savills Studley

New York State Licensed Real Estate Salesperson

Call 212-326-8607

More and more tenants in New York City are moving their offices out of traditional neighborhoods like Midtown and Grand Central to places like Madison Square Park, Union Square, Flatiron, Soho, Tribeca and so on. Built furnished sublease opportunities in these submarkets have become increasingly difficult to discover as the demand is at an all time high. Tech, advertising, and media companies, depending on their stage of VC funding, end up gobbling up each others spaces before any even hit the open market. This is why we wanted to make you all aware of a brand new full floor sublease in Madison Square Park at 41 Madison Avenue. Owned by Rudin Management, the building recently underwent extensive renovations including a brand new lobby, gorgeous plaza and updated building systems. The asset sits on the Northeastern corner of Madison Square Park on 26th Street and is comprised of a wide variety of tenants ranging from finance, professional services, showroom to creative/tech companies.

The sublease at 41 Madison Avenue is for the entire 35th floor, which measures 13,558 rentable square feet. Offered from Mission Capital, the sublease is available immediately for possession. The premises is currently built with a mixture of conference rooms, offices, breakout rooms, team rooms and bullpen space. The floor will be delivered with all of the existing furniture and IT infrastructure allowing an incoming subtenant to move in with limited capital outlay. The sublandlord will also consider dividing the space, which would create two separate ~6,500 square foot units. The workspace also features panoramic views and 4 sides of light. This is easily one of the best subleases in Midtown South in one of Manhattan’s most desirable locations.

For more information on this opportunity please contact us here. Feel free to try our free office space here.



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