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- To be delivered as brand new, Gensler designed installation with: 27 Perimeter Offices, 6 Meeting Rooms, Open area for 40+ employees (which can be further densified).
- High-end, open style collaborative pantry.
550 Madison Avenue
Floor/Suite:
Entire 18
Size:
23,919 RSF
Lease type:
Sublease through 01/30/2030
Asking rent:
$185 PSF / $368,751 per month
Virtual Tour:
- 550 Madison Avenue (The Sony Building)
- between E. 55th and E. 56th Streets
- Owned by: Olayan Group
- Class: A
- 800,000 Total RSF
- 41 floors
- Amenities: Lobby Attendant 24/7
Building Details
Overview:
- Floors: 41 stories
- Size: 800,000 SF
- Location: Between East 55th and East 56th Streets, Midtown Manhattan
- Owner: Olayan Group
- Original Architects: Philip Johnson and John Burgee
Financing Update:
- Loan Amount: $800 million refinancing
- Lender: ING Capital
- Structure:
- $570 million existing loan (issued in 2016)
- $230 million additional debt
Acquisition:
- Purchase Price: $1.4 billion (2016)
- Seller:
- Chetrit Group
- Clipper Equity
Renovation:
- Investment: $300 million redevelopment
- Development Advisor: RXR
- Renovations included:
- Redesigned lobby and lower floors
- New retail windows added to the façade
- Renovation process involved a landmark designation review
Noah Co. does not exclusively represent the space or building listed above.
As of 10-10-2025