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232 Madison Avenue, New York, NY 10016 Property Information

232 Madison Avenue, New York, NY 10016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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232 Madison Avenue, New York, NY 10016 4
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Address

Primary address 232 Madison Avenue
Secondary address 15-17 E 37th St
Neighborhood Murray Hill
Zip code 10016
Borough Manhattan
Block & lot 00867-0015

Sales & Tax Overview for 232 Madison Avenue, New York

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Tax class

Lot & Building Information for 232 Madison Avenue, New York

Lot sq. ft. 7,735
Lot dimensions 28 ft x 150 ft
Property type Office with Commercial 7-19 Stories (O6)
Building sqft 115,945
Building dimensions 28 ft x 150 ft
Buildings on lot 1
Stories 16
Year built 1925
Construction type
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Zoning & Use for 232 Madison Avenue, New York

Zoning
Commercial units 39
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.71 Miles
Closest fire station 0.32 Miles

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

Other Property Data for 232 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 232 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 232 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.

  • 15-17 E 37th St, New York, NY 10016
  • 234 Madison Ave, New York, NY 10016

About 232 Madison Avenue, New York

How many square feet does 232 Madison Avenue, New York, NY 10016 have?

This Office with Commercial 7-19 Stories (O6) located at 232 Madison Avenue, New York, NY 10016 has a total of 115,945 square feet.

What is the year built & the current market value of 232 Madison Avenue, New York, NY 10016?

232 Madison Avenue, New York, NY 10016 was built in 1925 and has a current tax assessor's market value of $34,594,000.

How many commercial spaces does this building have?

This building has 39 commercial spaces available for lease.

Ownership Information for 232 Madison Avenue, New York

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Property owner name for 232 Madison Avenue, New York, NY 10016
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Building contacts for 232 Madison Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jul 15, 2026 How to Find Property Owners — The Complete Guide 
For real estate professionals looking for the best ways to find property owners — whether through free methods based on public sources or paid tools with verified, in-depth data — this comprehensive guide breaks down every step of the due diligence process.
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
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Past Sales & Property History for 232 Madison Avenue, New York

Create a free account to view the complete sales history for 232 Madison Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 232 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
04/30/2024 - R UCC3 Assignment
(2024042900646006)
04/30/2024 - R UCC3 Assignment
(2024042900646003)
04/30/2024 - R
12/14/2023 - D
Asgn of Asgn of L&R
(2024042900646005)
04/30/2024 - R
12/14/2023 - D
Assignment, Mortgage
(2024042900646004)
03/20/2023 - R UCC3 Continuation
(2023031500882001)
04/30/2024 - R
03/12/2023 - D
Asgn of Asgn of L&R
(2024042900646002)
04/30/2024 - R
03/12/2023 - D
Assignment, Mortgage
(2024042900646001)
02/22/2022 - R
02/04/2022 - D
Certificate of Reduction
(2022021401035001)
06/08/2018 - R UCC3 Termination
(2018060600573001)
06/08/2018 - R Initial UCC1
(2018060100935001)
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R: Recorded date
D: Document date

Property Taxes for 232 Madison Avenue, New York

Access detailed property tax data for 232 Madison Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $1,641,511
Tax assessor's market value: $34,594,000
Assessed value: $15,567,300

Assessment History for 232 Madison Avenue, New York

Here's the assessment & property tax history for 232 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 $35,700,000 $16,065,000 $14,950,710 10.848% $1,621,853 $1,621,853 +1.26%
2024/25 $35,190,000 $15,835,500 $14,882,710 10.762% $1,601,677 $1,601,677 +0.57%
2023/24 $34,508,000 $15,528,600 $15,035,610 10.592% $1,592,572 $1,592,572 +2.20%
2022/23 $32,526,000 $14,636,700 $14,636,700 10.646% $1,558,223 $1,558,223 +14.19%
2021/22 $28,195,000 $12,687,750 $12,687,750 10.755% $1,364,568 $1,364,568 -17.79%

Permits for 232 Madison Avenue, New York

The complete history of permits filed for 232 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
10/02/2025 Alteration
02/23/2022 Alteration
02/02/2022 Alteration
01/28/2022 Alteration
09/04/2020 Alteration
08/28/2020 Alteration
06/28/2019 Alteration type 2
05/01/2019 Alteration type 2
10/03/2018 Alteration type 2
10/19/2016 Alteration type 2
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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
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% 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 Madison Ave & 42nd St at SW Corner
Station lines GS-4-5-6-7
Distance (miles) 0.221
View subway map

Neighbors for 232 Madison Avenue, New York

Here are the neighbors for 232 Madison Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
21 E 37th St, New York 7,202 12/21/2016 $13,500,000
38 E 37th St, New York 98,746
13 E 37th St, New York 17,819 11/13/2018
401 5th Ave, New York 156,751 05/30/2006 $25,000,000
19 E 37th St, New York 9,625 10/16/2003 $3,950,000
27 E 37th St, New York 6,075 05/09/2024 $6,100,000
23 E 37th St, New York 6,576 04/03/1978
29 E 37th St, New York 7,179 10/12/1994
411 5th Ave, New York 116,598 01/01/2024
46 Park Ave, New York 7,848 04/28/1977
12 E 37th St, New York 16,509 11/14/2013
240 Madison Ave, New York 74,257 06/20/2018
233 Madison Ave, New York 20,885 02/06/2025
220 Madison Ave, New York 211,910 08/26/2004 $417,500
229 Madison Ave, New York 76,900 05/25/1988
238 Madison Ave, New York 11,243 05/13/2013 $12,000,000
237 Madison Ave, New York 71,043 11/01/2018
25 E 37th St, New York 6,686 08/29/2002
9 E 37th St, New York 62,000 11/01/2017 $28,050,000
6 E 37th St, New York 03/08/2004 $9,000,000
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