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340 Madison Ave

Midtown East, New York, NY
Floors
22
Total Size
660,000 sqft
Lot Size
32,536 sqft
Elevators
13
Year Constructed
1928
Year Renovated
2006
Building Class
A
LEED Certification
None
Construction Type
Steel
Number of Buildings
1
Close To
Bryant Park, Saint Patrick’s Cathedral, Rockefeller Center, Museum of Modern Art, Chrysler Building

Features

Lobby Attendant
Key Card Access
Freight Elevator
On Site Security

About 340 Madison Ave

Big Apple office space doesn't get much better than 340 Madison Ave, a 22-story building in New York's Midtown East neighborhood. The building includes an onsite lobby attendant to assist both employees and guests with a variety of needs. Security is not an issue in this office building that is protected by a key card access system. Verizon New York Inc., Cogent Communications Group, and Cablevision Lightpath, Inc. are a few of the Internet providers that service this property.

With the average office space costing $64 per square foot, Midtown East is priced a little bit above New York's average of $58 a square foot. There are currently 663 office buildings listed in this neighborhood and 2189 on the market city-wide. The average size of listings is a sizable 7,580 square feet, much more spacious than the New York city average of 6,000 square feet.

No matter what type of food you're in the mood for, you can find something to satisfy your craving around 340 Madison Ave. There are several great options for coffee in the neighborhood, including Blue Bottle Coffee, Gregory's Coffee, and Joe (the art of coffee). Give into your sandwich craving and enjoy a tasty lunch or dinner at one of the neighborhood's restaurants, such as Alidoro and Num Pang Sandwich Shop. You'll have plenty of options for your after-work beer. Nearby bars include Lantern's Keep, The Bar Downstairs, The Campbell Apartment, and The Raines Law Room at The William. Switch up your normal restaurant routine and head to CoCo Fresh Tea & Juice, Grand Central Market, Sophie's Cuban Cuisine, and Strip House for a new dining adventure.

When they need a break, employees can take advantage of all the fun things the Midtown East area has to offer.

There's wonderful shopping to be found in the Midtown East area, just a short distance from 340 Madison Ave. No point browsing online when you can head down the street to Apple Store, Grand Central to find the right electronics for you. Do something fun on your lunch break for a change and go shopping for some new clothing items at Zara. The best bookstore in Midtown East is Barnes & Noble, which is just minutes from 340 Madison Ave. Comic book geeks and novices alike can find something they'll enjoy amongst the wide selection at Midtown Comics.

Make your way to Bryant Park for a delightful stroll through the natural beauty of Midtown East.

Features

Companies at 340 Madison Ave

PNC Bank Bank Atm Finance
National Financial Partners Insurance Agency

Internet Providers for 340 Madison Ave

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
RCN Cable
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
6 Mb/s
1.5 Mb/s

The Neighborhood: Midtown East

Most listings are in the $80's per square foot per year. The Midtown East submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the New York City market, the Midtown East submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Midtown East $83
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in Midtown East