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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

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

Tax class
Estimated property tax $1,641,510

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 $35,700,000.

How many commercial spaces does this building have?

This building has 39 commercial spaces available for lease. There are 4 active listings at this address.

Ownership Information for 232 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 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:

Spaces for Lease in 232 Madison Avenue, New York

232 Madison Avenue
Listing type For Lease
Last updated 05/11/2026
Lot size 0.17 Acre
View Listing

Brokers

Andrew Mandell
Sam Martorella
Sean Kearns
Connor Desimone
Spaces
Suite name Space type Lease rate Available space Brokers
15 Floor General Office Listing price not available 5,011 Sean Kearns
Connor Desimone
Active Listings For This Property:
For Lease 232 Madison Avenue
232 Madison Avenue
232 Madison Avenue, New York
Property General Office
Availability 1 Spaces listed / 5011 Sqft
Price Listing price not available
Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Research 100M+ property records powered by:
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Past Sales & Property History for 232 Madison Avenue, New York

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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: 2025-2026
Property tax: $1,621,853
Estimated property tax: $1,641,510
Tax assessor's market value: $35,700,000
Assessed value: $16,065,000

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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