285 Madison

Manhattan, NY

Address:

285 Madison Ave

Market:

New York City - Manhattan

Building Size:

511,000

Asset Class:

Office

Date Acquired:

April 2025

Status:

Operating


Property Description

285 Madison is a 511,000-square foot office property primely located in Midtown Manhattan just one block from Grand Central Terminal. Ocean West acquired the property in 2025 through a UCC foreclosure after serving as advisor to the Mezzanine Lender, whose loan was in maturity default. Ocean West will strategically invest additional capital to lease-up the existing vacancies and enhance the common area amenities, which includes a rooftop deck and event space, tenant lounge, and onsite gym.

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