New York City  »  10010  »  Madison Ave  »  5 Madison Ave

The New York Edition - 5 Madison Avenue, New York, NY 10010 - Property report

Also known as: 2 E 24th St

Property image for The New York Edition - 5 Madison Avenue, New York, NY 10010
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Property type

Luxury Hotel (H1)

Year built

1909

Lot sq. ft.

6,361

Sale price

$231,210,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
The New York Edition
Primary address
The New York Edition - 5 Madison Avenue
Alternate address(es)
2 E 24th St
5-7 Madison Ave
ZIP code
10010
Neighborhood
NoMad
Borough
Manhattan
Block & lot
00853-0001

Owner

Find out who owns The New York Edition - 5 Madison Avenue, New York, NY 10010. Uncover corporate and individual owners with a free account.

Building
Property type
Luxury Hotel (H1)
Building sq. ft.
252,109
Building dimensions
74.83 ft x 85 ft
Buildings on lot
1
Stories
51
Year built
1909
Last altered
2013
Building material
Sales
Sale date
10/09/2025
Sale price
$231,210,000
Tax
Tax year
2026-2027
Property tax
$4,436,008
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
1
Retail sq. ft.
Lot
Lot sq. ft.
6,361

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
2
Community district
5

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for The New York Edition - 5 Madison Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for The New York Edition - 5 Madison Avenue, New York, NY 10010

Sale date Sale price Buyer name Seller name
10/09/2025 $231,210,000 XXXXXX XXXXXXX, XXX XXXXX XXXXX X XXXX XXX
04/01/2015 $336,744,890 XXXXX XXXXX X XXXX XXX XX XX XXXXX XXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/20/2025 - R UCC3 Assignment
(2025101300427001)		 XXXXXX XXXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
10/17/2025 - R Initial UCC1
(2025101300426007)		 XXXXXX XXXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Asgn of Asgn of L&R
(2025101300426009)		 XXX XXXXXX XXXXXXXXXXX XXX XXX XXXX XXXX XXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Assignment, Mortgage
(2025101300426008)		 XXX XXXXXX XXXXXXXXXXX XXX XXX XXXX XXXX XXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Agreement
(2025101300426006)		 XXXXXXX XXXXXXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Assignment of Leases and Rents
(2025101300426005)		 XXXXXX XXXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Mortgage
(2025101300426004)		 XXXXXX XXXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Sundry Agreement
(2025101300426003)		 XXXXXX XXXXXXX XXX XXXXXXX XXXXXXXXXX XXX
10/17/2025 - R
10/09/2025 - D		 Termination of Lease or Memo
(2025101300426002)		 XXXXX XXXXX X XXXX XXX XXXXX XXXXX X XXX XXXX XXX
10/17/2025 - R
10/09/2025 - D		 Deed
(2025101300426001)		 XXXXX XXXXX X XXXX XXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The New York Edition - 5 Madison Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$4,436,008
Municipal exemptions
Recent tax assessments
Market value
$99,316,000
Assessed value
$44,692,200

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $94,669,000 $42,601,050 $38,318,220 10.848% $4,156,761 $3,541,216 -2.69%
2024/25 $92,840,000 $41,778,000 $39,533,010 10.762% $4,254,543 $3,638,998 +19.60%
2023/24 $89,666,000 $40,349,700 $40,349,700 10.592% $4,273,840 $3,042,751 +74.38%
2022/23 $77,869,000 $35,041,050 $35,041,050 10.646% $3,730,470 $1,744,857 +21.44%
2021/22 $70,714,000 $31,821,300 $31,821,300 10.755% $3,422,381 $1,436,767 -73.22%
2020/21 $116,017,000 $52,207,650 $50,164,390 10.694% $5,364,580 $5,364,580 +5.36%
2019/20 $112,360,000 $50,562,000 $48,319,498 10.537% $5,091,426 $5,091,426 +3.46%
2018/19 $111,588,000 $50,214,600 $46,803,736 10.514% $4,920,945 $4,920,945 +1.69%
2017/18 $118,563,000 $53,353,350 $46,028,124 10.514% $4,839,397 $4,839,397 +4.12%
2016/17 $106,306,000 $47,837,700 $43,954,092 10.574% $4,647,706 $4,647,706 +77.72%
Permits

Permit information for The New York Edition - 5 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
02/12/2024 Alteration
11/03/2023 Alteration
05/19/2023 Alteration
06/22/2022 Alteration
03/21/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/22/2024 Fispnrf-no report and / OR late filing (facade) facade required
12/17/2021 Evcat5-non-residential elevator periodic inspection/test
12/01/2021 Egrade-failure to post energy grade/score

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Park Ave & 23rd St at NW Corner
Station lines
6
Distance (miles)
0.075
View subway map

Access the detailed traffic volume map for The New York Edition - 5 Madison Avenue, New York, NY 10010 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for The New York Edition - 5 Madison Avenue, New York, NY

27 Madison Ave, New York 346 Park Ave S, New York 41 Madison Ave, New York 15 E 26th St, New York 11 Madison Ave, New York 360 Park Ave S, New York 352 Park Ave S, New York 45 E 25th St, New York 16 E 23rd St, New York 34 E 23rd St, New York 11 E 26th St, New York 14 E 23rd St, New York 27 E 22nd St, New York 28 E 23rd St, New York 30 E 23rd St, New York 10 E 23rd St, New York 18 E 23rd St, New York 350 Park Ave S, New York 26 E 23rd St, New York 32 E 23rd St, New York

Nearby ZIP codes for The New York Edition - 5 Madison Avenue, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10011, New York City, NY 10012, New York City, NY 10016, New York City, NY 10017, New York City, NY 10110, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for The New York Edition - 5 Madison Avenue, New York, NY 10010?

The development at The New York Edition - 5 Madison Avenue, New York, NY 10010 was built in 1909.

What is the market value of The New York Edition - 5 Madison Avenue, New York, NY 10010?

The current market value of The New York Edition - 5 Madison Avenue, New York, NY 10010 is $99,316,000.

What is the total square footage of The New York Edition - 5 Madison Avenue, New York, NY 10010?

The New York Edition - 5 Madison Avenue, New York, NY 10010 has a total of 252,109 square feet.

What is the price per square foot for this property?

$917 per square foot is the price for The New York Edition - 5 Madison Avenue, New York, NY 10010.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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