Unique and High-End – NYC Luxury Office Penthouse With an Extra Large Usable Terrace

RFR, the real estate investment company co-headed by Aby Rosen and Michael Fuchs, recently acquired 350 Madison Avenue for about $261.5 million.  The 25 story building, anchored by luxury retailer Paul Stuart, offers 394,000 square feet of  office space within a couple of blocks of Grand Central.  The building is in the process of undergoing extensive renovations and has a unique duplex penthouse opportunity.

The top two floors of the building, 24 and 25, measures a total of 9,732 rentable square feet, and are 7,178 and 2,554 respectively.  The 24^th floor boasts high ceilings (roughly 18’ slab-to-slab) and four sides of light.  The 25^th floor features a column free floorplate, which receives a tremendous amount of natural light.  Additionally, there is a HUGE wraparound useable terrace.  The landlord is asking $90.00 per square foot and will build the space for an incoming tenant.

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