350 Madison Avenue – Duplex Penthouse with Huge Usable Terrace – Midtown Manhattan Office Space near Grand Central

May 22, 2013

Lance Leighton

Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson

Call 516-557-1160

Unique and High-End – NYC Luxury Office Penthouse With an Extra Large Usable Terrace

RFR, the real estate investment company co-headed by Aby Rosen and Michael Fuchs, recently acquired 350 Madison Avenue for about $261.5 million.  The 25 story building, anchored by luxury retailer Paul Stuart, offers 394,000 square feet of  office space within a couple of blocks of Grand Central.  The building is in the process of undergoing extensive renovations and has a unique duplex penthouse opportunity.

The top two floors of the building, 24 and 25, measures a total of 9,732 rentable square feet, and are 7,178 and 2,554 respectively.  The 24th floor boasts high ceilings (roughly 18’ slab-to-slab) and four sides of light.  The 25th floor features a column free floorplate, which receives a tremendous amount of natural light.  Additionally, there is a HUGE wraparound useable terrace.  The landlord is asking $90.00 per square foot and will build the space for an incoming tenant.

Looking for office space in Midtown Manhattan? Click here for a free space report of select relocation alternatives.


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