New York City » 10016 » Madison Ave » 149 Madison Ave

Steel Building - 149 Madison Avenue, New York, NY 10016 - Property report

Also known as: 28 E 32nd St

Property image for Steel Building - 149 Madison Avenue, New York, NY 10016

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1917

Lot sq. ft.

6,918

Sale price

$77,000,000

General information

Address

Building name

Steel Building

Primary address

Steel Building - 149 Madison Avenue

Alternate address(es)

147-149 Madison Ave
28 E 32nd St
30 E 32nd St

ZIP code

10016

Neighborhood

NoMad

Borough

Manhattan

Block & lot

00861-0057

Building

Property type

Office with Commercial 7-19 Stories (O6)

Building sq. ft.

119,006

Building dimensions

50 ft x 134 ft

Buildings on lot

Stories

Year built

1917

Last altered

2020

Building material

Sales

Sale date

02/06/2023

Sale price

$77,000,000

Tax

Tax year

2026-2027

Property tax

$2,076,457

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

49.42 ft x 140 ft

Lot sq. ft.

6,918

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

87 /100. Very Bikeable

School district

Community district

Closest police station

0.77 Miles

Closest fire station

0.37 Miles

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

Building Description

Built in 1917, the Steel Building resides at 147 Madison Avenue. It is 12 stories tall and is a commercial office building with 118,990 square feet of office and retail space. It stands out from the rest of the neighborhood thanks to its dark brown masonry mixed with grey concrete. A heavy dose of detailing dots the facade to give the building even more character.

A picturesque lobby is one of the many inviting touches for the Steel Building, which stands at the corner of Madison and 32nd Street. It has on-site management and tenants are allowed 24/7 access. In addition there is a professional attendant at the front desk at all times. The property is in the rue heart of New York City, just a few blocks south of the Empire State Building. For a relaxing lunch, Madison Square Park is just 5 blocks south, while eating and social establishments dot the area for after-work entertainment. Public transportation is very accessible, with the 33rd Street subway station less than 400 feet from the front door.

Ownership

Ownership information for Steel Building - 149 Madison Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Steel Building - 149 Madison Avenue, New York, NY 10016

Sale date	Sale price	Buyer name	Seller name
02/06/2023	$77,000,000	XXX XXXXXXX XXX XXX	XXXXXXXX XXXX- XXX XXXXXXX, XXX
11/28/2017	$87,700,000	XXXXXXXX XXXX - XXX XXXXXXX, XXX	XX XXX XXXXXXX XXX XXX XXXXX XXX XXX XXX XXXXXX XXX XXX XXX XXX XXXXXXX, XXX XXX XXXXXX XXX XXX XXX XX XXX XXXXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXX & XXXX XXX XXX XXXXXX XXXXXXXX XXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/08/2023 - R	Initial UCC1 (2023020700659007)	XXX XXXXXXX XXX XXX	XXXX XXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
02/08/2023 - R 02/06/2023 - D	Assignment of Leases and Rents (2023020700659006)	XXX XXXXXXX XXX XXX	XXXX XXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
02/08/2023 - R 02/06/2023 - D	Agreement (2023020700659005)	XXX XXXXXXX XXX XXX	XXXX XXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
02/08/2023 - R 02/06/2023 - D	Mortgage (2023020700659004)	XXX XXXXXXX XXX XXX	XXXX XXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
02/08/2023 - R 02/06/2023 - D	Assignment, Mortgage (2023020700659003)	XXX XXXX XXXXXXXX XX XXX	XXXX XXXXXXXX XXXX XX XXXXXXXXXXXXXX XXXXX
02/08/2023 - R 02/06/2023 - D	Deed (2023020700659001)	XXXXXXXX XXXX XXX XXXXXXX XXX	XXX XXXXXXX XXX XXX
02/08/2023 - R 07/20/2022 - D	Assignment, Mortgage (2023020700659002)	XXXXXXX XXXXX XXXX XXX	XXX XXXX XXXXXXXX XX XXX
12/29/2021 - R 12/08/2021 - D	NYC Real Property Transfer Tax (2021122300703001)	XXXXXXXX XXXXXXXX XXXXX XXX	XXX XXX XXXXXXX XX
03/30/2022 - R 12/03/2021 - D	Mortgage (2021121601473003)	XXXXXXXX XXXXXXX XXXXXXX XXX	XXXXXXXX X X
11/30/2017 - R	UCC3 Termination (2017112900347002)	XXX XXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Steel Building - 149 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

$2,076,457

Municipal exemptions

Recent tax assessments

Market value

$46,818,000

Assessed value

$21,068,100

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	$42,910,000	$19,309,500	$18,568,903	10.848%	$2,014,355	$2,014,355	-0.60%
2024/25	$42,297,000	$19,033,650	$18,829,711	10.762%	$2,026,453	$2,026,453	+2.50%
2023/24	$41,477,000	$18,664,650	$18,664,650	10.592%	$1,976,960	$1,976,960	+73.08%
2022/23	$23,843,000	$10,729,350	$10,729,350	10.646%	$1,142,247	$1,142,247	+7.67%
2021/22	$21,921,000	$9,864,450	$9,864,450	10.755%	$1,060,922	$1,060,922	-6.26%
2020/21	$27,676,000	$12,454,200	$10,583,190	10.694%	$1,131,766	$1,131,766	+9.24%
2019/20	$26,909,000	$12,109,050	$9,832,350	10.537%	$1,036,035	$1,036,035	+7.86%
2018/19	$23,653,000	$10,643,850	$9,135,540	10.514%	$960,511	$960,511	+6.72%
2017/18	$19,564,000	$8,803,800	$8,560,170	10.514%	$900,016	$900,016	+2.47%
2016/17	$19,789,000	$8,905,050	$8,306,730	10.574%	$878,354	$878,354	+1.31%

Permits

Permit information for Steel Building - 149 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/21/2026	Alteration
07/07/2026	Alteration
05/21/2026	Alteration
05/21/2026	Alteration
04/24/2026	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
	06/30/2023	Lblvio-low pressure boiler boiler required
	05/02/2023	Bench-failure to benchmark none
	04/22/2023	Earcx-failure to submit eer none

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Park Ave & 32nd St at SW Corner

Station lines

Distance (miles)

0.061

View subway map

Access the detailed traffic volume map for Steel Building - 149 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

Nearby ZIP codes for Steel Building - 149 Madison Avenue, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, 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 Steel Building - 149 Madison Avenue, New York, NY 10016?

The development at Steel Building - 149 Madison Avenue, New York, NY 10016 was built in 1917.

What is the market value of Steel Building - 149 Madison Avenue, New York, NY 10016?

The current market value of Steel Building - 149 Madison Avenue, New York, NY 10016 is $46,818,000.

What is the total square footage of Steel Building - 149 Madison Avenue, New York, NY 10016?

Steel Building - 149 Madison Avenue, New York, NY 10016 has a total of 119,006 square feet.

What is the price per square foot for this property?

$647 per square foot is the price for Steel Building - 149 Madison Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 49.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.