Bulding Address: | 540 Madison Ave |
Building Alternate address: | 540 Madison Ave |
Zip Code: | 10022 |
Neighborhood: | Plaza District |
Borough: | Manhattan |
Stories: | 39 |
Year Built: | 1970 |
Building Class: | A |
Block & lot: | 01290-0056 |
540 Madison Avenue, located in Manhattan, New York City, is a prominent Class-A office building. Originally constructed in 1970, it underwent significant renovations in 1999 and further updates were completed in 2021. The building stands at 39 stories and spans approximately 291,000 square feet. Situated at the corner of Madison Avenue and East 55th Street, it offers panoramic views of Central Park and the Hudson River.
The property, known as the Finland House, was built in 1971 and features efficient floorplates of about 11,000 square feet. It has been a part of several significant transactions, including a purchase in 2019 for $310,300,888. The building's current tax assessor's market value is approximately $137,125,000.
Recent renovations have enhanced the building's appeal, transforming its retail space into three high-end storefronts, which are now fully leased to luxury brands such as Grand Seiko, H.Stern, and Bang & Olufsen.
540 Madison Avenue, also known as Finland House, is a prominent office building located in Midtown Manhattan, New York City. It stands at 39 stories tall and offers approximately 272,532 square feet of space. Originally built in 1971, the building underwent renovations in 1997. It is situated at the corner of Madison Avenue and East 55th Street, providing excellent views of Central Park and the Hudson River.
The building features a range of amenities, including 24-hour access, banking services, a concierge, conferencing facilities, food services, and a roof terrace. It is well-connected with nearby metro/subway stations and bus lines.
Alternate addresses for the property include 18-28 E 55th St and 542-548 Madison Ave. The building is classified as an Office Only with or without Commercial - 20 Stories or More (O4) property.
Finland House was purchased in 2019 for $310,300,888. The current tax assessor's market value is approximately $137,125,000.
540 Madison Avenue Amenities
Located in the heart of Midtown Manhattan, 540 Madison Avenue offers a range of luxurious amenities designed to enhance the work experience.
- The Water Tower Lounge: A 6,000 SF amenity space on the 11th and 12th floors featuring a coffee bar, concierge, outdoor terrace, and multiple conference rooms.
- Wellness and Refresh Areas: Includes a boutique-style gym area with blonde wood lockers and gray terrazzo stone showers.
- Meeting Spaces: Spacious conference rooms and smaller meeting rooms with modern amenities.
- Grab & Go Kitchen: Conveniently located for quick meals and snacks.
- Phone Booths: Private spaces for calls and meetings.
- Full-Service Barista Bar: Enjoy specialty coffee drinks in a relaxed setting.
- Breathtaking Views: Panoramic views of Central Park and the Plaza District from the 12th floor.
540 Madison Avenue is a 39-story, 291,000 square-foot Class-A office building located in the Midtown neighborhood of Manhattan, NYC. The building offers panoramic views of the Hudson River and Central Park, with efficient 11,000 sf floorplates.
Recent renovations have transformed the building's amenities, including the creation of "The Water Tower Club," a 6,000 sf tenant lounge featuring a coffee bar, concierge, outdoor terrace, and conference rooms. Additional amenities include a boutique-style refresh area and a new inner lobby with contemporary art and seating areas.
While specific tenant information is not detailed here, the building's upscale and residential feel makes it an attractive location for businesses seeking a productive and comfortable work environment.
Internet Providers at 540 Madison Ave, Manhattan, NYC:
- Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
- Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data.
- Spectrum: Provides cable internet with speeds up to 1 Gbps and is widely available.
540 Madison Ave, Manhattan, NYC is conveniently located near several transportation options.
Nearest Subway Stations:
- Lexington Av/59 St (4, 5, 6, F, FX, N, W, R, Q)
- Lexington Av/63 St (4, 5, 6, F, FX, N, W, R, Q)
Bus Lines:
Train Lines:
- HARLEM
- PATH
- PORT WASHINGTON BRANCH
Cross Streets:
- Madison Ave & E 61 St
- Madison Ave & E 60 St
- Park Ave & E 59 St