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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Steel Building - 149 Madison Avenue, New York, NY 10016 5
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Address

Building name Steel Building
Primary address Steel Building - 149 Madison Avenue
Secondary address 28 E 32nd St
Neighborhood NoMad
Zip code 10016
Borough Manhattan
Block & lot 00861-0057

Sales & Tax Overview for 149 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 02/06/2023
Purchase price $77,000,000
Tax class
Estimated property tax $2,076,456

Lot & Building Information for 149 Madison Avenue, New York

Lot sqft 6,918
Lot dimensions 49.42 ft x 140 ft
Building class Office with Commercial 7-19 Stories (O6)
Building sqft 119,006
Building dimensions 50 ft x 134 ft
Buildings on lot 1
Stories 12
Year built 1917
Year last altered 2020
Construction type
Status
Status date
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Zoning & Use for 149 Madison Avenue, New York

Zoning
Commercial units 49
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.77 Miles
Closest fire station 0.37 Miles

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

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.

Other Property Data for 149 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 Steel Building - 149 Madison Avenue, New York, NY 10016, 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 Steel Building - 149 Madison Avenue, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 28 E 32nd St, New York, NY 10016
  • 30 E 32nd St, New York, NY 10016
  • 147-149 Madison Ave, New York, NY 10016

About 149 Madison Avenue, New York

How many sq. ft. does Steel Building - 149 Madison Avenue, New York, NY 10016 have & what is the price per sq. ft?

This Office with Commercial 7-19 Stories (O6) located at Steel Building - 149 Madison Avenue, New York, NY 10016 has a total of 119,006 square feet and a current price per square foot of $647.

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

Steel Building - 149 Madison Avenue, New York, NY 10016 was built in 1917 and has a current tax assessor's market value of $42,910,000.

How many commercial spaces does this building have?

This building has 49 commercial spaces available for lease.

Ownership Information for 149 Madison Avenue, New York

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Property owner name for Steel Building - 149 Madison Avenue, New York, NY 10016
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Building contacts for Steel Building - 149 Madison Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 149 Madison Avenue, New York

Create a free account to view the complete sales history for 149 Madison Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/06/2023 $77,000,000
11/28/2017 $87,700,000
       
       
       
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Title Documents for 149 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
02/08/2023 - R Initial UCC1
(2023020700659007)
02/06/2023 - D
02/08/2023 - R
Assignment of Leases and Rents
(2023020700659006)
02/06/2023 - D
02/08/2023 - R
Agreement
(2023020700659005)
02/06/2023 - D
02/08/2023 - R
Mortgage
(2023020700659004)
02/06/2023 - D
02/08/2023 - R
Assignment, Mortgage
(2023020700659003)
02/06/2023 - D
02/08/2023 - R
Deed
(2023020700659001)
07/20/2022 - D
02/08/2023 - R
Assignment, Mortgage
(2023020700659002)
12/08/2021 - D
12/29/2021 - R
NYC Real Property Transfer Tax
(2021122300703001)
12/03/2021 - D
03/30/2022 - R
Mortgage
(2021121601473003)
11/30/2017 - R UCC3 Termination
(2017112900347002)
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R: Recorded date
D: Document date

Property Taxes for 149 Madison Avenue, New York

Access detailed property tax data for Steel Building - Steel Building - 149 Madison Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $2,014,355
Estimated property tax: $2,076,456
Tax assessor's market value: $42,910,000
Assessed value: $19,309,500

Assessment History for 149 Madison Avenue, New York

Here's the assessment & property tax history for 149 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 $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%

Permits for 149 Madison Avenue, New York

The complete history of permits filed for 149 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
04/24/2026 Alteration
04/24/2026 Alteration
11/11/2025 Alteration
06/09/2025 Alteration
06/06/2025 Alteration
02/20/2025 Alteration
02/13/2025 Alteration
09/19/2024 Alteration
09/18/2024 Alteration
08/17/2024 Alteration
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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 & 32nd St at SW Corner
Station lines 6
Distance (miles) 0.061
View subway map
Bus Routes
Name Madison Av/E 32 St
Distance (miles) 0.019

Neighbors for 149 Madison Avenue, New York

Here are the neighbors for Steel Building - Steel Building - 149 Madison Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
11 E 32nd St, New York 45,920 05/06/1987
15 E 32nd St, New York 57,156 07/18/2002
34 E 32nd St, New York 35,778 11/13/2012 $28,600,000
44 E 32nd St, New York 83,623 12/12/2018 $59,000,000
41 E 31st St, New York 11,202 03/27/1992
135 Madison Ave, New York 180,019 08/23/2016
16 E 32nd St, New York 71,250 01/26/2012 $48,300,000
32 E 32nd St, New York 33,275 05/19/2006 $5,300,000
31 E 31st St, New York 91,500 09/06/2024
315 5th Ave, New York 56,000 12/12/2001
470 Park Ave S, New York 227,053 12/30/2024 $147,500,000
29 E 31st St, New York 13,200 08/23/2016
12 E 32nd St, New York 18,418 02/20/1997
319 5th Ave, New York 27,157 08/16/2004 $41,631,705
145 Madison Ave, New York 73,221 06/19/2013 $12,250,000
313 5th Ave, New York 11,700 12/07/2006
7 E 32nd St, New York 39,740 11/12/2009 $20,250,000
38 E 32nd St, New York 88,000 11/05/2015 $1,000,000
39 E 31st St, New York 7,680 03/11/1992
6 E 32nd St, New York 145,500 04/30/2010
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