292 Madison Avenue | TRD Research
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292 Madison Avenue

292 Madison Avenue
New York, NY 10017
Office, Leasing/Rental
  • Address 292 Madison Avenue
  • neighborhood Grand Central
  • borough Manhattan
  • owner Vanbarton Group
  • owner entity 292 MADISON OWNER LLC
  • floors 24
  • Year Built 1923
  • commercial units 26
  • total units 26
  • square feet 170,230
  • block and lot 1-01275-0059
  • BIN 1035322
  • Event Financing
  • Address 292 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 203,800
  • Price $ 75,000,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Vanbarton Group
  • Party 2 Deutsche Bank
notes
The company secured a $75 million loan for the office building.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 6,035
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 Marciano Investment Group
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Harry Blair, Sean Kearns
  • Party 2 Hogg Robinson Group
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Ross Perlman, Lee Brodsky, Ryan Mandrell
notes
The corporate services company signed a 5-year lease on the 17th floor.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 11,113
notes
The financial litigation and arbitration firm signed a lease.
  • Event Retail Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 7,000
notes
The drug store signed a 15 year lease.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 11,113
notes
The advertising intelligence company signed a lease for the entire 11th floor, the New York Observer reported. The tenant is relocating from 1359 Broadway.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 22,226
notes
The global e-commerce firm expanded and relocated to the building's fourth and fifth floors.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 6,035
  • Publication Date 07/01/2012
  • Event Date 05/22/2012
  • Party 1 Marciano Investment Group
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker William Cohen
  • Party 2 QlikTech
  • Party 2 Brokerage JLL
notes
The business intelligence software company signed a lease for the entire 18th floor.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 17,148
  • Price per foot $ 55.00
  • Publication Date 05/01/2012
  • Event Date 03/22/2012
  • Party 1 The Marciano brothers
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker William Cohen, Ryan Kass
  • Party 2 FiftyOne Global Ecommerce
  • Party 2 Brokerage Cassidy Turley
  • Party 2 Broker Wendy Miller
notes
The ecommerce company signed a lease on the fifth and 17th floors, the New York Post reported.
  • Event Sales
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 170,230
  • Price $ 85,000,000
  • Price per foot $ 499.32
notes
The Marciano brothers purchased the ground under the building for $85 million and took over the $59.1 million mortgage, the New York Post reported.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 3,600
notes
The investment advisor signed a new lease on the 23rd floor.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 6,035
  • Publication Date 03/01/2011
  • Event Date 01/20/2011
  • Party 2 Gonzalez, Saggio and Harlan
  • Party 2 Brokerage Vortex Group
  • Party 2 Broker Rick Marek, Oliver Petrovic
notes
The Milwaukee-based law firm signed a five-year lease for the entire 19th floor.
  • Event Sales
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 210,000
  • Price $ 30,000,000
  • Price per foot $ 142.86
notes
The first mortgage note on the building sold for about $30 million. The mortgage was taken out by Metropolitan Realty Partners, which controls the property through a ground lease. SL Green is the ground's owner.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,609
  • Price per foot $ 69.00
  • Publication Date 04/01/2009
  • Event Date 02/20/2009
  • Party 1 Metropolitan Real Estate Investors
  • Party 1 Brokerage CBRE
  • Party 1 Broker Brian Gell, Laurence Briody
  • Party 2 Augentius Fund Administration
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Lawrence Smith, Robert Tanzmann
notes
The British consulting firm signed a seven-year lease for space on the 25th and 26th floors to accommodate its expansion into the U.S.
  • Event Financing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 193,000
  • Price $ 60,000,000
  • Publication Date 09/01/2007
  • Event Date 07/23/2007
  • Party 1 Metropolitan Real Estate Investors
  • Party 2 The Carlton Group
notes
A $130 million capital package was arranged for the acquisition of the property, which included the sale of its fee simple interest to a REIT for $70 million and a 10-year fixed-rate leasehold mortgage for $60 million. The combined rate for the financing is 4.92 percent. 26-story office building.
  • Event Sales
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 193,000
  • Price $ 140,000,000
  • Price per foot $ 725.39
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 Royal Bank of Canada
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Richard Baxter, Ron Cohen, Scott Latham, Jon Caplan
  • Party 2 Metropolitan Real Estate Investors
notes
The fully leased Class B building sold for $140 million, or $725 per square foot. SL Green bought the building in 1999 for $51.1 million.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 4,591
  • Publication Date 09/01/2006
  • Event Date 07/23/2006
  • Party 1 SL Green Realty
  • Party 1 Brokerage SL Green Realty
  • Party 2 Rubin, Fiorella & Friedman
  • Party 2 Brokerage JB Real Estate Group
notes
The full-service insurance law firm inked a five-year, 10-month renewal and expansion lease to increase their representation in the building by 50 percent with additional space on the 15th floor. The lease brings the building to 100 percent occupancy.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 10,817
notes
The data technology company inked a three-year renewal lease for the entire third floor.
  • Event Office Leasing
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,722
notes
Law firm relocates from 381 Park Ave South