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High-Rise Office Building
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540 Madison Ave, New York, NY 10022

39-story office tower built in 1970 with approximately 258,511 rentable square feet available for lease.

Space SizeContact for details
Property Size2,255 SF
Days on Market485

Property Features for 540 Madison Ave

General Information

Standard status Active
Size 2,255 SF
Property subtype OFFICE
Lease Type SF/yr

Building Details

Year Built 1970
Stories 39

Spaces For Lease

at 540 Madison Ave Contact us

540 Madison Ave $110/SF/Yr

Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Ron Lo Russo
Source: Moodyscre
Added: Apr 8, 2025 Changed: Jul 26 Last Checked: Aug 4 at 1:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This 39-story office building was built in 1970 and offers approximately 258,511 rentable square feet. The property is suited for tenants seeking space within a large, established high-rise office structure.

Located at 540 Madison Ave, the building is offered for lease. Prospective tenants and brokers can review space availability and building details directly through the leasing process.

Key Highlights

  • 39‑story office tower built in 1970
  • Approximately 258,511 rentable square feet available for lease

Property Analytics

Current Use

FitechGelb Construction Company de Gunzburg Myeloma ... Medical Clinic PACIFIC GENERAL Accounting Firm Burgess (Bike/Boat/Book/etc) Store Bank of East Asia Bank

Suggested Use

Top Pick Auto Parts Store Nursing Home Pet Grooming Service Butcher Auto Repair Shop Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$16.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

69,193
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size

This space is priced 71% above the average of $64.2 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 39-story office tower built in 1970 with approximately 258,511 rentable square feet available for lease.
Where is this office building located?
The property is located at 540 Madison Ave New York, NY.
What is the lease rate?
The lease rate is $110 SF/Yr.
What are key features of this property?
This property features: 39‑story office tower built in 1970; Approximately 258,511 rentable square feet available for lease
(212) 841-7979 Call to check price and availability
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