New York City  »  10016  »  Madison Ave  »  63 Madison Ave

63 Madison Avenue - 63 Madison Avenue, New York, NY 10016 - Property report

Also known as: 25-43 E 27th St

Property image for 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016
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Property type

Office with Commercial 7-19 Stories (O6)

Year built

1962

Lot sq. ft.

54,341

Sale price

$85,754,263

General information

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Address
Building name
63 Madison Avenue
Primary address
63 Madison Avenue - 63 Madison Avenue
Alternate address(es)
24-40 E 28th St
25-43 E 27th St
63-77 Madison Ave
ZIP code
10016
Neighborhood
NoMad
Borough
Manhattan
Block & lot
00857-0024

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
702,793
Building dimensions
195 ft x 272 ft
Buildings on lot
1
Stories
15
Year built
1962
Last altered
2019
Building material
Sales
Sale date
01/01/2013
Sale price
$85,754,263
Tax
Tax year
2026-2027
Property tax
$8,987,358
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
197.5 ft x 275 ft
Lot sq. ft.
54,341

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.66 Miles
Closest fire station
0.33 Miles

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

Ownership information for 63 Madison Avenue - 63 Madison Avenue, New York, NY

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

Sales history for 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016

Sale date Sale price Buyer name Seller name
01/01/2013 $85,754,263 XXXXXXXX XXXXXXXXXX XXX XXX XXXX XXXXX
03/31/2011 $85,754,263 XXXXXXXX, XX X XXXXXXXX, XX X
08/11/2008 $772,688 XXXX XXX X XXXXXXXXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/29/2025 - R
09/12/2025 - D
Both RPTT and RETT
(2025092600562001)
XX XXXXXXX XXXX XXX XX XXXXXXX XXXX XXX
06/28/2024 - R UCC3 Continuation
(2024062700973001)
XX XXXXXXX XXXXX XXX XXXXX XXXXX XXXX XX
10/19/2022 - R
10/17/2022 - D
Sundry Agreement
(2022101900300003)
XX XXXXXXX XXXXX XXX XXX XXX XXX XXX
10/19/2022 - R
10/17/2022 - D
Sundry Miscellaneous
(2022101900300002)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/19/2022 - R
09/26/2022 - D
Certificate
(2022101900300001)
XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
05/12/2022 - R
04/29/2022 - D
Agreement
(2022050400148001)
XXX XXXXXXXXXX XX XXXXXXXXXXXXXX XXX XXXX XXXX XXXXXXXXX
12/27/2019 - R UCC3 Termination
(2019122600646024)
XX XXXXXXX XXXXX XXX XXXX XX XXXXX XXX XXXX XXXXXX
12/27/2019 - R UCC3 Termination
(2019122600646023)
XX XXXXXXX XXXXX XXX XXXX XX XXXXX XXX XXXX XXXXXX
12/27/2019 - R UCC3 Termination
(2019122600646022)
XX XXXXXXX XXXXX XXX XXXX XX XXXXX XXX XXXX XXXXXX
12/27/2019 - R UCC3 Termination
(2019122600646021)
XX XXXXXXX XXXXX XXX XXXX XX XXXXX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 63 Madison Avenue - 63 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
$8,987,358
Municipal exemptions
Recent tax assessments
Market value
$228,539,000
Assessed value
$102,842,550

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 $233,333,300 $105,000,000 $100,766,289 10.848% $10,931,127 $8,762,125 +2.04%
2024/25 $251,770,000 $113,296,500 $99,946,329 10.762% $10,756,224 $8,587,222 -15.66%
2023/24 $246,889,000 $111,100,050 $96,122,572 10.592% $10,181,303 $10,181,303 +24.13%
2022/23 $175,966,000 $79,184,700 $77,045,194 10.646% $8,202,231 $8,202,231 +4.76%
2021/22 $161,777,800 $72,800,010 $72,800,000 10.755% $7,829,640 $7,829,640 +4.31%
2020/21 $158,261,000 $71,217,450 $70,187,300 10.694% $7,505,830 $7,505,830 +2.95%
2019/20 $164,876,000 $74,194,200 $69,190,350 10.537% $7,290,587 $7,290,587 +3.59%
2018/19 $164,697,000 $74,113,650 $66,935,580 10.514% $7,037,607 $7,037,607 +2.48%
2017/18 $161,424,000 $72,640,800 $65,318,310 10.514% $6,867,567 $6,867,567 +4.81%
2016/17 $148,869,000 $66,991,050 $61,966,132 10.574% $6,552,299 $6,552,299 +2.71%

Permit information for 63 Madison Avenue - 63 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/30/2026 Alteration
07/27/2026 Alteration
07/27/2026 Alteration
07/23/2026 Alteration
06/08/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required
08/31/2021 E-elevator elevatorrequired
08/31/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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

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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 & 28th St at SW Corner
Station lines
6
Distance (miles)
0.051

Access the detailed traffic volume map for 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016 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

Frequently asked questions

What is the year built for 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016?

The development at 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016 was built in 1962.

What is the market value of 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016?

The current market value of 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016 is $228,539,000.

What is the total square footage of 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016?

63 Madison Avenue - 63 Madison Avenue, New York, NY 10016 has a total of 702,793 square feet.

What is the price per square foot for this property?

$122 per square foot is the price for 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 63 Madison Avenue - 63 Madison Avenue, New York, NY 10016 have?

This address has 2 active listing(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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