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

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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The New York Edition - 5 Madison Avenue, New York, NY 10010 3
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Address

Building name The New York Edition
Primary address The New York Edition - 5 Madison Avenue
Secondary address 2 E 24th St
Neighborhood NoMad
Zip code 10010
Borough Manhattan
Block & lot 00853-0001

Sales & Tax Overview for 5 Madison Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/09/2025
Purchase price $231,210,000
Tax class
Estimated property tax $3,820,463

Lot & Building Information for 5 Madison Avenue, New York

Lot sqft 6,361
Building class Luxury Hotel (H1)
Building sqft 252,109
Building dimensions 74.83 ft x 85 ft
Buildings on lot 1
Stories 51
Year built 1909
Year last altered 2013
Construction type
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Zoning & Use for 5 Madison Avenue, New York

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 5 Madison Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for The New York Edition - 5 Madison Avenue, New York, NY 10010, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for The New York Edition - 5 Madison Avenue, New York, NY 10010, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 2 E 24th St, New York, NY 10010
  • 5-7 Madison Ave, New York, NY 10010

About 5 Madison Avenue, New York

How many sq. ft. does The New York Edition - 5 Madison Avenue, New York, NY 10010 have & what is the price per sq. ft?

This Luxury Hotel (H1) located at The New York Edition - 5 Madison Avenue, New York, NY 10010 has a total of 252,109 square feet and a current price per square foot of $917.

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

The New York Edition - 5 Madison Avenue, New York, NY 10010 was built in 1909 and has a current tax assessor's market value of $94,669,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 5 Madison Avenue, New York

View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.

Property owner name for The New York Edition - 5 Madison Avenue, New York, NY 10010
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Building contacts for The New York Edition - 5 Madison Avenue, New York, NY 10010
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 5 Madison Avenue, New York

Create a free account to view the complete sales history for 5 Madison Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/09/2025 $231,210,000
04/01/2015 $336,744,890
       
       
       
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Title Documents for 5 Madison Avenue, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/20/2025 - R UCC3 Assignment
(2025101300427001)
10/17/2025 - R Initial UCC1
(2025101300426007)
10/09/2025 - D
10/17/2025 - R
Asgn of Asgn of L&R
(2025101300426009)
10/09/2025 - D
10/17/2025 - R
Assignment, Mortgage
(2025101300426008)
10/09/2025 - D
10/17/2025 - R
Agreement
(2025101300426006)
10/09/2025 - D
10/17/2025 - R
Assignment of Leases and Rents
(2025101300426005)
10/09/2025 - D
10/17/2025 - R
Mortgage
(2025101300426004)
10/09/2025 - D
10/17/2025 - R
Sundry Agreement
(2025101300426003)
10/09/2025 - D
10/17/2025 - R
Termination of Lease or Memo
(2025101300426002)
10/09/2025 - D
10/17/2025 - R
Deed
(2025101300426001)
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R: Recorded date
D: Document date

Property Taxes for 5 Madison Avenue, New York

Access detailed property tax data for The New York Edition - The New York Edition - 5 Madison Avenue, New York, NY 10010. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $3,541,216
Estimated property tax: $3,820,463
Tax assessor's market value: $94,669,000
Assessed value: $42,601,050

Assessment History for 5 Madison Avenue, New York

Here's the assessment & property tax history for 5 Madison Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%

Permits for 5 Madison Avenue, New York

The complete history of permits filed for 5 Madison Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

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
03/02/2022 Alteration
02/18/2022 Alteration
12/26/2014 Alteration type 2
12/17/2014 Alteration type 3
10/22/2014 Alteration type 3
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Park Ave & 23rd St at NW Corner
Station lines 6
Distance (miles) 0.075
View subway map
Bus Routes
Name Madison Av/E 24 St
Distance (miles) 0.01

Neighbors for 5 Madison Avenue, New York

Here are the neighbors for The New York Edition - The New York Edition - 5 Madison Avenue, New York, NY 10010.

Address Square feet Purchase date Purchase price
27 Madison Ave, New York 88,200
346 Park Ave S, New York 17,141
41 Madison Ave, New York 524,937 05/19/2008 $153,786
15 E 26th St, New York 140,025 06/12/2014
11 Madison Ave, New York 1,630,256
360 Park Ave S, New York 450,727 12/14/2021 $300,000,000
352 Park Ave S, New York 185,000 07/12/2000
45 E 25th St, New York 150,100
16 E 23rd St, New York 13,837 07/17/1981
34 E 23rd St, New York 10,975 11/15/2001
11 E 26th St, New York 217,991 12/23/2021 $148,208,300
14 E 23rd St, New York 7,526 03/17/2004 $3,670,000
27 E 22nd St, New York 29,065
28 E 23rd St, New York 2,470 11/15/2001
30 E 23rd St, New York 22,512 05/19/2017
10 E 23rd St, New York 25,170 01/29/1980
18 E 23rd St, New York 10,889 12/15/2017 $13,500,000
350 Park Ave S, New York 5,089 07/12/1979
26 E 23rd St, New York 4,800 05/14/2008 $1,500,000
32 E 23rd St, New York 4,688 11/15/2001
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