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.