NEW YORK – Global real estate advisor Avison Young has been named the exclusive leasing agent for 286 Madison Avenue, a 131,358-square-foot (sf), 23-story, office building in Midtown Manhattan’s high-performing Grand Central submarket. The corner building is owned and managed by APF Properties and offers typical floors of 5,646 sf and a limited number of divided floors, 12-foot ceiling heights and exceptional light and views.

Representing APF Properties are John Ryan III, Principal; Josh Goldman, Executive Director; and Peter Johnson, Director, all based in Avison Young’s New York City office.

“Leasing in Manhattan has reached a post-pandemic high while availability rates continue to decrease – and the Grand Central submarket continues to outperform other Midtown submarkets,” said Ryan. “We are in lockstep with APF Properties’ leasing strategy and are thrilled to accept this additional assignment for 286 Madison Avenue – which we know will perform well under these ascending market conditions.”

The building features a renovated lobby, new operable windows, and high-end prebuilt finishes like exposed brick, glass walls, open ceilings, and polished concrete floors. A popular Dig Inn location occupies one of the ground floor retail spaces and the property is located two blocks from Grand Central, one block from Bryant Park and the abundant nearby area landmarks and amenities.

“Given our successful partnership at other properties, we are confident that Avison Young will deliver results with the brokers and tenants who are looking for the right size property in one of New York’s best professional locations,” said Kenneth Aschendorf, Co-Founder and Principal, APF Properties LLC.