New York City  »  10017  »  Madison Ave  »  400 Madison Ave

400 Madison Avenue, New York, NY 10017 - Property report

Also known as: 23-25 E 47th St

Property image for 400 Madison Avenue, New York, NY 10017
static Mapbox map

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1929

Lot sq. ft.

8,987

Sale price

$194,535,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
400 Madison Avenue
Alternate address(es)
23-25 E 47th St
24-26 E 48th St
394-408 Madison Ave
Show more
ZIP code
10017
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01283-0017

Owner

Find out who owns 400 Madison Avenue, New York, NY 10017. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
146,191
Building dimensions
45 ft x 182 ft
Buildings on lot
1
Stories
20
Year built
1929
Last altered
1985
Building material
Sales
Sale date
10/24/2018
Sale price
$194,535,000
Tax
Tax year
2026-2027
Property tax
$3,111,041
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
200.83 ft x 44.75 ft
Lot sq. ft.
8,987

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.30 Miles
Closest fire station
0.25 Miles

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

Ownership

Ownership information for 400 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 400 Madison Avenue, New York, NY 10017

Sale date Sale price Buyer name Seller name
10/24/2018 $194,535,000 XXXXXXXXXX XXX XXX XXXXXXX XXXXXXXX XXX
07/31/2012 $139,400,000 XXX XXXXXXX XXXXXXXX, XXX XXX XXXXXXX XXXXXX XXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/30/2026 - R
01/16/2026 - D		 Agreement
(2026012200145002)		 XXXXXXX XX XXXXXXX XXXX XXXXXX XXXX XX XXXXX XXX XXXXXXX XXX XXX
01/30/2026 - R
01/16/2026 - D		 Agreement
(2026012200145001)		 XXXXXXX XX XXXXXXX XXXX XXXXXX XXXX XX XXXXXXXXXX XXX
12/05/2025 - R UCC3 Termination
(2025112500921006)		 XXXXXXXXXX XXX XXXXXXX XX XX XXX
12/05/2025 - R
11/17/2025 - D		 Assignment of Leases and Rents
(2025112500921004)		 XXXXXXXXXX XXX XXXXXXX XX XXXXXXX XXXX XXXXXX XXXX XX
12/05/2025 - R
11/17/2025 - D		 Agreement
(2025112500921003)		 XXXXXXXXXX XXX XXXXXXX XX XXXXXXX XXXX XXXXXX XXXX XX
12/05/2025 - R
11/17/2025 - D		 Mortgage
(2025112500921002)		 XXXXXXXXXX XXX XXXXXXX XX XXXXXXX XXXX XXXXXX XXXX XX
12/05/2025 - R
11/10/2025 - D		 Termination of Assign of L&R
(2025112500921005)		 XXXXXXX XX XX XXX XXXXXXXXXX XXX
12/05/2025 - R
11/10/2025 - D		 Assignment, Mortgage
(2025112500921001)		 XXXXXXX XX XX XXX XXXXXXX XX XXXXXXX XXXX XXXXXX XXXX XX
11/17/2023 - R
11/02/2023 - D		 Agreement
(2023111000043001)		 XXXXXXXXXX XXX XXXXXXX XX XX XXX
11/22/2021 - R UCC3 Termination
(2021111100777006)		 XXXXXXX XXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 400 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
$3,111,041
Municipal exemptions
Recent tax assessments
Market value
$64,477,000
Assessed value
$29,014,650

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 $70,053,000 $31,523,850 $29,435,310 10.848% $3,193,142 $3,193,142 +3.54%
2024/25 $63,681,000 $28,656,450 $28,656,450 10.762% $3,084,007 $3,084,007 -5.84%
2023/24 $68,714,000 $30,921,300 $30,921,300 10.592% $3,275,184 $3,275,184 +0.43%
2022/23 $68,072,000 $30,632,400 $30,632,400 10.646% $3,261,125 $3,261,125 +0.08%
2021/22 $67,325,000 $30,296,250 $30,296,250 10.755% $3,258,362 $3,258,362 -23.44%
2020/21 $96,578,000 $43,460,100 $39,796,234 10.694% $4,255,809 $4,255,809 +7.86%
2019/20 $95,950,000 $43,177,500 $37,446,181 10.537% $3,945,704 $3,945,704 +7.52%
2018/19 $92,452,000 $41,603,400 $34,903,591 10.514% $3,669,764 $3,669,764 +3.10%
2017/18 $90,843,000 $40,879,350 $33,854,061 10.514% $3,559,416 $3,559,416 +3.26%
2016/17 $83,186,000 $37,433,700 $32,600,431 10.574% $3,447,170 $3,447,170 +2.92%
Permits

Permit information for 400 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/24/2026 Alteration
06/24/2026 Alteration
06/01/2026 Alteration
06/01/2026 Alteration
06/01/2026 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
04/29/2021 Egrade-failure to post energy grade/score none
11/25/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 50th St at NW Corner
Station lines
E-M-6
Distance (miles)
0.233
View subway map

Access the detailed traffic volume map for 400 Madison Avenue, New York, NY 10017 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

Neighbors for 400 Madison Avenue, New York, NY

21 E 47th St, New York 9 E 47th St, New York 270 Park Ave, New York 19 E 47th St, New York 589 5th Ave, New York 597 5th Ave, New York 7 E 47th St, New York 587 5th Ave, New York 17 E 47th St, New York 15 E 47th St, New York 16 E 48th St, New York 595 5th Ave, New York 5 E 47th St, New York 18 E 48th St, New York 8 E 48th St, New York 601 5th Ave, New York 11 E 47th St, New York 585 5th Ave, New York

Nearby ZIP codes for 400 Madison Avenue, New York, NY

10016, New York City, NY 10020, New York City, NY 10022, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, 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 400 Madison Avenue, New York, NY 10017?

The development at 400 Madison Avenue, New York, NY 10017 was built in 1929.

What is the market value of 400 Madison Avenue, New York, NY 10017?

The current market value of 400 Madison Avenue, New York, NY 10017 is $64,477,000.

What is the total square footage of 400 Madison Avenue, New York, NY 10017?

400 Madison Avenue, New York, NY 10017 has a total of 146,191 square feet.

What is the price per square foot for this property?

$1,330 per square foot is the price for 400 Madison Avenue, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 70.

How many active listings does 400 Madison Avenue, New York, NY 10017 have?

This address has 8 active listing(s).

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