---
title: 550 Madison Avenue | 23,919 RSF (Sublease) | Noah & Co
description: Looking for a Sublease in the Plaza District area? Check out this space at 550 Madison Avenue. You can also browse our other availabilities and view virtual tours!
image: https://www.noahre.com/hubfs/Flyers/C/23%2c919%20SF%20-%20550%20Madison%20Avenue%20Sublease%20(Entire%2018th%20Floor)%20(3).jpg
---

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# 550 Madison Avenue | 23,919 RSF (Sublease)

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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:

[Click for virtual tour](https://shoootin.com/en_us/scan/685d73a68fcaae3792aa26bb)

- [ Space Details ](https://www.noahre.com/properties/550-madison-avenue-23955204730#tab-1)
- [ About the Building ](https://www.noahre.com/properties/550-madison-avenue-23955204730#tab-2)

- 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 (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

×

#### 550 Madison Avenue - Entire 18

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### Interested?

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- [Midtown 101](https://www.noahre.com/midtown-manhattan-office-space-for-lease)
- [551 Fifth Avenue](https://www.noahre.com/551-5th-ave-office-space-lease)
- [232 Madison Avenue](https://www.noahre.com/232-madison-avenue-office-space-lease)
- [122 East 42nd Street](https://www.noahre.com/122-east-42-street-office-space)
- [805 Third Avenue](https://www.noahre.com/805-3rd-avenue-office-space-lease)
- [485 Madison Avenue](https://www.noahre.com/485-madison-avenue-office-space-lease)
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- [320 Park Avenue](https://www.noahre.com/320-park-avenue-office-space-lease)

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#### Contact Us

 (212) 947-7120

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#### Address

 600 Fifth Avenue  
 2nd Floor  
 New York, NY 10020

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