Plug & Play Hedge Fund Office Space in The Plaza District
555 Madison Avenue, also known as the Coates Building, is a sleeper office tower amongst its peers. Surrounded by trophy assets such as 510 Madison Avenue, 540 Madison Avenue, 590 Madison Avenue, The GM Building, and other premium office buildings, it is easy for such a simple structure to get lost in the mix. However, with an ideal location (the corner of 56th Street and Madison Avenue), this black, 1960’s era, 32 story skyscraper offers over 450,000 square feet of Class A Office Space, at one of the best price points in The Plaza District. Although there are are several unfurnished availabilities currently for lease (some of which have Central Park Views), there is also a unique, fully furnished opportunity that is perfect for a hedge fund or trading firm.
Currently occupied by a former hedge fund (that is vacating in the New Year), the partial 12th floor is built out to a very high standard. Measuring 7,500 rentable square feet, the unit is currently designed and furnished with 8 offices, 2 conference rooms, pantry, reception and open area for 20+ positions (click here for a floorplan). Similar to many newer installations, the space features a combination of exposed ceilings to maximize light and air, as well as traditional drop ceilings in certain areas. As an added perk, the space includes a very large useable terrace that is perfect for entertaining or investor meetings. Click here to contact us for the asking rent or here for our free and instant office space search.
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Savills North America | 399 Park Avenue | 11th Floor | New York, NY10022