- Immediate possession
- Fully furnished & wired
- Brand new, never occupied installation, built to an incredibly high-end standard with:
- 28 perimeter offices
- 7 meeting rooms
- 3 Phone rooms
- Open area for 48 employees
- Large open style collaborative pantry
- 28 perimeter offices
550 Madison Avenue | 23,926 RSF (Sublease)
550 Madison Avenue
Floor/Suite:
Entire 26
Size:
23,926 RSF
Lease type:
Sublease through 12/30/2030
Condition:
Furnished
Asking rent:
$200 PSF / $398,767 per month
- 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 09-5-2025