Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
There is no question that ultra high-end, luxury office spaces have become the dominant preference for hedge funds and financial firms in the post-COVID world. As the demand for quality workspaces has increased, the sublease inventory for these types of offices has proven to be scarce. However, a brand new, full-floor sublease just hit the market in one of Midtown’s most amenity-rich assets, 535 Madison Avenue, located on the northeast corner of 54th Street.
Offered for sublease from General Atlantic, the entire 31st floor measures 14,765 rentable square feet. Recently built and furnished to an extremely high standard (with extraordinary amounts of millwork, stone, sheetrock & top-of-the-line finishes), this distinctive workplace offers unparalleled views throughout. Currently configured with 15 offices, 3 meeting rooms, 1 large boardroom, café-style pantry, formal reception area and 44 workstations, this is undeniably one of the nicest subleases in its size range on the market (floorplan here). With a term through December of 2028, this opportunity is perfect for any hedge fund, private equity firm, investment bank, family office or boutique financial services firm looking for best-in-class office space.
Built in 1983, 535 Madison Avenue is virtually new construction by New York City standards. Accordingly, the asset features all the necessities that premier tenants have come to expect with newer vintage offices, such as extra-high ceilings (12’ slab heights), efficient column spacing (30’), upgraded elevators with destination dispatch and an emergency generator. About 5 years ago, ownership also completed a massive renovation- which included a 6,000 square foot amenity and fitness center, conference area and lounge.
Click here to contact us for more information on this availability or here to try our free office space search.
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