Furnished Hedge Fund Office Space Opportunity in One of New York’s Most Premier Trophy Assets – 510 Madison Avenue
There is no question that 510 Madison Avenue is one of the best office buildings in New York City. Home to some of the most prominent hedge funds, private equity firms and family offices in the world, this trophy skyscraper offers all of the modern amenities that tenants are looking for.
Extra-high ceilings… ✓
Executive only fitness center with locker rooms… ✓
Lap Pool… ✓
Rooftop/Outdoor Space… ✓
Glass & Steel Construction with highly efficient column-free floorplates ✓
Constructed less than 10 years ago, the building is one of the newer office buildings in Midtown Manhattan and has been historically well leased due to the “flock to quality” mentality among tenants. However, there is a brand new, OFF MARKET, opportunity that can be made available on the 24th floor. Measuring 6,903 rentable square feet, the northeastern corner was formerly occupied by Abraaj Group, Arif Naqvi’s former endeavor. Abraaj spent a tremendous amount of capital building and furnishing this office space with a mixture of rare woods, customized millwork, leather door handles, stone floors throughout, floor-to-ceiling glass partitions and cutting edge technology & infrastructure- all of which can be salvaged and capitalized by an incoming tenant. Currently built with a mixture of offices, conference rooms, an executive wing and open area for trading, a tenant will certainly be able to piggyback off of the existing installation and create the space of their dreams. Ownership, Boston Properties, is also prepared to modify and upgrade the existing installation.
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