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545 Madison Avenue

Floor/Suite: 

Entire 16

Size: 

7,131 RSF

Lease type:

Direct

Condition:

Pre-built

Asking rent:

$115 PSF / $68,339 per month

  • Will be demolished and prebuilt when the space is vacated in July.
  • 545 Madison Avenue (Baccarat Building)
  • corner of East 55th Street and Madison Avenue
  • Owned by: Marx Realty and Baccarat
  • 140,000 Total RSF
  • 18 floors
  • Amenities: On-site Restaurant, Tenant Lounge, Roof deck / Terrace

Building Details

  • Acquisition: Marx Realty acquired the 140,000-square-foot office building in 2019
  • Renovation Cost: $24 million
  • Renovation Features:
    • 7,000-square-foot tenant amenity space
    • Lounge, cafe, landscaped terrace, and boardroom
    • Midcentury aesthetic redesign of the entrance and lobby

As of 05-26-2025