551 Madison Avenue, New York, NY: A Prime Piece of Manhattan Real Estate
551 Madison Avenue is a prestigious address in the heart of New York City, located in the Midtown East neighborhood. This iconic location boasts a rich history and currently houses a mix of high-end retail and office spaces, cementing its status as a prime piece of Manhattan real estate. Its strategic location, architectural significance, and the caliber of businesses it attracts make it a landmark address recognized globally.
This post will delve into the history, current occupants, and overall significance of 551 Madison Avenue, answering some frequently asked questions about this remarkable property.
What kind of businesses are located at 551 Madison Avenue?
551 Madison Avenue is home to a curated selection of businesses, primarily focused on high-end retail and prestigious corporate offices. The specific tenants can change over time, but the building consistently attracts companies and brands that value its prestigious address and high visibility. Historically, and often currently, occupants have included luxury retailers, financial institutions, and other businesses catering to a high-net-worth clientele. Checking the building's directory or conducting online searches for specific business names can provide the most up-to-date list of current tenants.
What is the history of 551 Madison Avenue?
While detailed historical records for the specific building might require deeper archival research, the broader context places it within the history of Midtown East's development. This area saw significant growth and construction during the 20th century, transforming from a mix of residential and commercial areas into the vibrant business district we see today. 551 Madison Avenue, therefore, likely reflects the architectural styles and construction trends prevalent during its building period. Its precise construction date and original purpose would need to be verified through historical property records.
Is 551 Madison Avenue a landmark building?
While 551 Madison Avenue may not be officially designated as a city landmark in the same way some other Midtown buildings are, its location and the architectural character of the building contribute to the overall aesthetic and historical significance of the surrounding area. It holds a significant place within the urban landscape and its presence contributes to the iconic feel of Madison Avenue. To determine its official landmark status, you would need to consult New York City's official records on designated landmarks.
How much is the rent at 551 Madison Avenue?
Rent at 551 Madison Avenue is likely to be extremely high, reflecting the premium commanded by this prestigious location. The exact rental rates are not publicly available and are typically negotiated privately between landlords and tenants. The cost would vary considerably based on the size of the space, the type of lease, and the specific improvements and amenities included. The best way to get an idea of potential rental rates would be to contact commercial real estate brokers specializing in Midtown Manhattan properties.
What is the architecture style of 551 Madison Avenue?
The architectural style of 551 Madison Avenue would need to be determined through visual inspection or architectural records. Without access to these resources, a precise designation is not possible. However, given its location and the era of development in Midtown East, it is likely to reflect architectural trends common in the area, possibly incorporating elements of modern or contemporary styles that have evolved over time.
This information provides a comprehensive overview of 551 Madison Avenue. To find more specific data, you may need to consult commercial real estate databases, historical society archives, or contact the building management directly. Remember that the nature of commercial real estate makes detailed information about specific buildings (particularly concerning rent and tenant lists) often confidential.
