275 Madison Ave

Wasserman Capital Markets, as exclusive agent, is pleased to offer for sale the fee simple interest in 275 Madison Avenue (the “Property”), a landmarked 44-story Art Deco office building measuring 336,000 square feet, located in the center of the Grand Central district of Midtown Manhattan. Situated just two blocks from Grand Central Terminal on the southeast corner of Madison Avenue and 40th Street, the Property offers outstanding convenience and Madison Avenue prestige. Full-floor suites in the tower provide some of the finest boutique office space in the district, with four exposures, outstanding light and air, and long views of Downtown Manhattan and the East River.

The Property’s flexible leasing profile, diversified rent roll, and measured expiration schedule deliver excellent income security and significant mark-to-market upside as current leases gradually expire. Additional upside can be unlocked through the lease-up of the Property’s prime corner retail storefront and through the positive impact of One Vanderbilt, a new 1.7 million square foot trophy office tower that will be opening in 2020.