340 Madison Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 6,900 Negotiable
$ 71 5,500 $ 32,438
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 10,900 Negotiable
$ 74 5,800 $ 35,887
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Coworking Office Spaces for Rent

Type of Space Class A Class B Class C
Windowed office/person $ 2,500/mo $ 1,500/mo $ 1,000/mo
Interior office/person $ 1,500/mo $ 1,000/mo $ 700/mo

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
E 44th St & Fifth Avenue $ 50 1,600 $ 6,666
E 44th St & Madison Avenue $ 40 2,700 $ 9,000
E 44th St & Fifth Avenue $ 45 2,700 $ 10,224
44th Dr & Madison Avenue $ 45 2,000 $ 7,500
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 43rd Street $ 54 38,400 $ 173,280
Madison Ave & Between East 44th Street $ 37 7,000 $ 21,437
Madison Ave & East 42nd Street $ 79 5,000 $ 32,916
Madison Ave & East 44th Street $ 74 18,400 $ 113,620
5th Ave & East 44th Street $ 58 12,600 $ 60,847

340 Madison Avenue Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 900 Negotiable
$ / SF SF >Monthly Rent
Negotiable 1,200 Negotiable
$ / SF SF >Monthly Rent
Negotiable 2,100 Negotiable
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RZO Advisory Group Testimonial

RZO Advisory Group testimonial

340 Madison Avenue

340 Madison Avenue, situated in the Grand Central area of Manhattan, is a 23-story office building that provides a variety of rental and lease options suitable for offices of all sizes, including the option to sublease. This impressive class A office space spans over 733,000 square feet and was built in 1928. It also offers excellent coworking spaces that have received great ratings. Noteworthy tenants at this location include PNC Bank of Pittsburgh and SunGard.

Convenient transportation options are available as several subway stations, such as 5 Avenue-Bryant Park, Grand Central-42 Street, and 42 Street-Bryant Park, are easily accessible from the building. Rental prices per square foot have remained consistent at $82.00 for both 2021 and 2022, mirroring current market trends. Moreover, there are several fiber providers, including Lightower, Level 3 Communications, Cablevision/Lightpath, and Cogent Communications, that offer high-speed internet connectivity.

340 Madison Avenue Property Overview

Bulding Address: 340 Madison Ave
Building Alternate address(es): 340 Madison Ave
Zip Code:10173
Neighborhood:Grand Central
Borough:Manhattan
Stories:23
Year Built:1928
Building Class:A
Block & lot:01278-0014

Public Transportation

Time and Distance from 340 Madison Avenue New York, NY 10173
Transit / Subway Distance Walk
5 Avenue-Bryant Park Transit Stop (7) 0.2 mi 4 min
Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) 0.2 mi 5 min
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.4 mi 8 min
47-50 Streets-Rockefeller Center Transit Stop (B, D, F, M) 0.5 mi 11 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.5 mi 11 min

Map Location

Internet Providers at 340 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
Cogent Communications Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 340 Madison Avenue
  • PNC Bank leased 10,000 SF
  • Regent Business Centers leased 36,250 SF
  • Facebook leased 11,119 SF
  • Zenkyoren Asset Management of America leased 4,115 SF
  • Unison Site Management leased 11,113 SF
  • McDermott Will & Emery leased 10,000 SF
  • CFGI leased 4,093 SF

Retail Tenants Rented / Leased 340 Madison Avenue
  • FILA leased 4,087 SF
Nearby Office Tenants Leased
  • group of family trusts leased 160,000 SF at 511 Fifth Avenue
  • American Capital Strategies leased 32,600 SF at 505 Fifth Ave
  • Axispoint Inc. leased 19,200 SF at 350 Madison Ave
  • Thompson Hine LLP leased 18,749 SF at 335 Madison Ave
  • Octagon Credit Investors leased 8,900 SF at 52 Vanderbilt Ave
  • vFinance Inc. leased 6,890 SF at 330 Madison Ave
  • Vhayu Technologies Corp. leased 4,978 SF at 509 Fifth Ave

Nearby Retail Tenants Leased
  • Urban Outfitters leased 32,000 SF at 521 Fifth Ave
  • Best Buy leased 28,840 SF at 529 Fifth Ave
  • Kira Plastinina leased 7,947 SF at 509 Fifth Ave
  • Blake & Todd Restaurant & Caterers leased 2,900 SF at 52 Vanderbilt Ave

Office Rent 340 Madison Avenue Average

Year $ / SF
2018 75.0
2019 89.0
2021 82.0
2022 82.0
Year $ / SF
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