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16 Madison Square W
New York, NY 10010

$23,438 - $98,020 USD/MO

Office For Lease  •  5,625+ SF

Property Details

  • Property Type Office
  • Year Built 1900
  • Total Building Size 290,640 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning M1-6
100 Transit Score
100 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
Grnd Floor Ste Retail 8,255 SF $100.00 USD/SF/YR 
-The Ground floor is 8,255 SF (usable) and the Mezzanine is 5,625 SF (usable).  Asking $100 PSF on the Ground and $50 PSF on the Mezz, which comes out to about $92k per month for both.  
-Landlord is installing a new storefront on 25th Street soon.  The ceiling heights on the ground are 10’4” to slab and on the mezzanine they are 8’9” to slab.
-Steps away from Madison Square Park and surrounded by all of the new and exciting retail concepts in Nomad and Flatiron. 
-Recently demolished and will be delivered as a pristine whitebox. 
-Formerly a kids' gym and play place, this space is ideal for a retail store/showroom, medical use, gym or café/restaurant. Most uses considered.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Plus Electric
  • Built out as: Standard Retail
  • Space Type: Relet
  • In Contiguous block: 13,880 SF
Mezz Floor Ste Retail 5,625 SF $50.00 USD/SF/YR 
-The Ground floor is 8,255 SF (usable) and the Mezzanine is 5,625 SF (usable).  Asking $100 PSF on the Ground and $50 PSF on the Mezz, which comes out to about $92k per month for both.  
-Landlord is installing a new storefront on 25th Street soon.  The ceiling heights on the ground are 10’4” to slab and on the mezzanine they are 8’9” to slab.
-Steps away from Madison Square Park and surrounded by all of the new and exciting retail concepts in Nomad and Flatiron. 
-Recently demolished and will be delivered as a pristine whitebox. 
-Formerly a kids' gym and play place, this space is ideal for a retail store/showroom, medical use, gym or café/restaurant. Most uses considered.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Plus Electric
  • Built out as: Standard Retail
  • Space Type: Relet
  • In Contiguous block: 13,880 SF
3rd Floor Ste 309-312 Office 12,530 SF $45.00 USD/SF/YR 
This is the only divided space in the building, allowing for smaller than usual opportunities.  This space is fully built with a combination of polished concrete and wood flooring, open ceilings, a combination of open space, conference/meeting rooms, a large pantry and new windows.  This unit is connected to the new water cooled AC system, thus lowering you operating expenses and minimizing floor space needed for units.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Plus Electric
  • Built out as: Standard Office
  • Space Type: Relet
4th Floor Ste Office 24,005 SF $49.00 USD/SF/YR 
This floor is fully built and partially furnished (chairs only, no desks).  This is the most recent installation in the building, with polished concrete floors, exposed steel columns, glass meeting rooms, new water-cooled AC system, new ADA restrooms and an oversized pantry.  We are asking $54 and the deal will be in the low $50's.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Plus Electric
  • Built out as: Standard Office
  • Space Type: Relet

Description 

Mixed-use property located on Broadway between W 24th and W 25th Streets. Directly across the street from Worth Square and Madison Square Park.

Green Rating

EnergyStar Yes

Amenities

  • Energy Star Labeled
  • High Ceilings

Major Tenants

Tenant SF Occupied Lease End Date
1115 Broadway Q LLC 24,005 SF 12/31/2025
Apple Seeds 8,315 SF 8/31/2023
Arenson Office Furnishings 22,000 SF 7/31/2021
Bethany Christian Service 22,000 SF
Dietbetter 5,832 SF
Fun World 22,000 SF 5/1/2024
Rubie's Costume Company, Inc. 22,000 SF 1/31/2024
Select Office Suites 71,656 SF 12/31/2021
Taboola 44,000 SF 4/30/2029
The 40/40 Club 13,246 SF

Public Transportation

Commuter RailDriveWalkDistance
23 St (Path) (F - New York MTA Subway (The Subway), Hoboken-33rd Street - New York MTA Subway (The Subway), Journal Square-33rd Street - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
33 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 2 min 8 min 0.5 mi
Transit/SubwayDriveWalkDistance
23 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 2 min 0.1 mi
28 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 3 min 0.2 mi
23 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
28 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 6 min 0.4 mi
23 Street (1,2 Line) (1 - New York MTA Subway (The Subway), 2 - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
AirportDriveWalkDistance
Laguardia 19 min - 9.5 mi
Newark Liberty International 22 min - 15.0 mi
John F Kennedy International 28 min - 17.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jeff Buslik 917-326-5500 Adams & Company Real Estate
Jeff Buslik 917-326-5500 Adams & Company Real Estate