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540 Madison Ave
New York, NY 10022
Office Property For Lease
·
28,750 SF
Highlights
- Class A, 39-story tower positioned in Manhattan’s renowned Plaza District.
- Access to E and M subway lines within 3 minutes; major transit hubs nearby.
- Surrounded by top-tier dining, retail, and accommodations.
- Strong professional ecosystem with a notable roster of financial and corporate tenants.
Property Overview
540 Madison Avenue is a 39-story 291,000 SF boutique trophy office tower located in the heart of Midtown Manhattan’s Plaza District, with efficient boutique floor plates ideal for financial firms seeking full floor identity, abundant light and air, park views, and Plaza District prestige. Shortly after acquiring the property in 2019, Divco West commenced a significant capital investment program, which to date has included common area and restroom renovations on the multi-tenant floors, sprinkler upgrades, and BMS upgrades. In November 2020, construction commenced on a two-story amenity center on the 11th & 12th floors of the building (the “Water Tower Lounge”) which will include flexible meeting, work and lounge space, private shower facilities, food and beverage service, wellness room, and outdoor terrace. The facility will feature state-of-the-art audio visual capabilities and concierge-level services will be provided by the full time on-site manager. The project, which is scheduled to be complete end of Q1 2021, will also include renovations to the building lobby and upgrades to the building’s access control and security system. Additionally, the elevators at the building will undergo a complete modernization (including new cab interiors and a destination dispatch system) commencing in Q1 2021.
- 24 Hour Access
- Banking
- Bus Line
- Concierge
- Conferencing Facility
- Food Service
- Metro/Subway
- Property Manager on Site
- Security System
- Signage
- Wheelchair Accessible
- Roof Terrace
- Atrium
- Central Heating
- Natural Light
- Shower Facilities
- Wi-Fi
- Outdoor Seating
- Air Conditioning
- Smoke Detector
- Cafe
Property Facts
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
