540 Madison Avenue
Class: A + 10022 Buildings Plaza District
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 55th Street | $ 125 | 12,300 | $ 128,125 |
| E 54th St & Fifth Avenue | $ 69 | 8,600 | $ 49,450 |
| Madison Ave & East 55th Street | $ 115 | 5,800 | $ 55,462 |
| Madison Ave & East 56th Street | $ 76 | 5,000 | $ 31,666 |
| Madison Ave & East 53rd Street | $ 121 | 9,400 | $ 94,783 |
| E 55th St & Madison Avenue | $ 107 | 6,300 | $ 56,175 |
| Fifth Ave & East 55th Street | $ 95 | 5,300 | $ 41,958 |
| Fifth Ave & West 53rd Street | $ 82 | 6,400 | $ 43,733 |
| Fifth Ave & East 53rd Street | $ 79 | 5,800 | $ 38,183 |
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Argent Trading Testimonial
540 Madison Avenue
Located in Manhattan's Plaza District neighborhood, 540 Madison Avenue is an impressive 39-story office building that offers 283,695 square feet of high-quality Class A office space for rent. Potential renters can choose from various office sizes (small, medium, or large) or explore sublease options tailored to their specific needs. Constructed in 1970, the building is served by prominent fiber providers such as Lightower, Level 3 Communications, and Cablevision/Lightpath. Surprisingly, despite prevailing market trends, the average rent for office space at 540 Madison Avenue has been reduced from $105.4 to $91.5 per square foot as of 2022. Additionally, the location benefits from excellent transportation options, with several subway stations (E, M, N, Q, R, 4, and 6 train lines) within walking distance. While coworking options are currently unavailable, our team of specialists can help you find the most advantageous deals, and our services come at no cost to you. The building is situated in the 10022 Zip Code.
540 Madison Avenue Property Overview
| Bulding Address: | 540 Madison Ave |
| Building Alternate address(es): | 540 Madison Ave |
| Zip Code: | 10022 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 39 |
| Year Built: | 1970 |
| Building Class: | A |
| Block & lot: | 01290-0056 |
Public Transportation
Time and Distance from 540 Madison Avenue New York, NY 10022| Transit / Subway | Distance | Walk |
|---|---|---|
| 5 Avenue-53 Street Transit Stop (E, M) | 0.2 mi | 4 min |
| Lexington Avenue-53 Street Transit Stop (E, M) | 0.3 mi | 7 min |
| 5 Avenue-59 Street Transit Stop (N, Q, R) | 0.3 mi | 7 min |
| 57 Street (F Line) Transit Stop | 0.4 mi | 8 min |
| 51 Street Transit Stop (4, 6) | 0.4 mi | 9 min |
Map Location
Internet Providers at 540 Madison Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Lightower | Fiber | 10 Gb/s | 10 Gb/s |
| Level 3 Communications | Fiber | 10 Gb/s | 10 Gb/s |
| Cablevision/Lightpath | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 540 Madison Avenue
- Orchard First Source Capital leased 10,900 SF
- Conquest Capital Group leased 4,247 SF
- GxG Management LLC leased 3,950 SF
- CIMB Securities leased 3,600 SF
- Ajax Advisors LLC leased 2,750 SF
- Molo Lamken leased 6,950 SF
- Intrepid Financial Partners leased 6,950 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Lacoste leased 35,000 SF at 551 Madison Ave
- The Carlyle Group leased 23,411 SF at 520 Madison Ave
- Sandler Capital Management leased 17,201 SF at 711 Fifth Ave
- Zara leased 15,000 SF at 689 Fifth Ave
- Aurelius Capital Management leased 15,000 SF at 535 Madison Ave
- JC Flowers & Co. leased 8,350 SF at 717 Fifth Ave
- Stanfield Global Strategies leased 7,320 SF at 527 Madison Ave
Nearby Retail Tenants Leased
- Dolce & Gabbana leased 18,400 SF at 717 Fifth Ave
- Oscar Blandi leased 9,300 SF at 545 Madison Ave
- IWC Shaffhausen leased 4,100 SF at 535 Madison Ave
- The Walking Co. leased 3,135 SF at 551 Madison Ave
- Carlo Pazolini leased 3,056 SF at 555 Madison Ave
Office Rent 540 Madison Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 58.67 |
| 2020 | 118.28 |
| 2021 | 105.4 |
| 2022 | 91.5 |
| Year | $ / SF |
|---|---|
| 2021 | 70.0 |
| 2023 | 89.0 |
