New York City » 10017 » Madison Ave » 425 Madison Ave

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

Also known as: 34-40 E 49th St

Property image for 425 Madison Avenue, New York, NY 10017

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1927

Lot sq. ft.

6,484

General information

Address

Primary address

425 Madison Avenue

Alternate address(es)

34-40 E 49th St
425-427 Madison Ave

ZIP code

10017

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01284-0052

Building

Property type

Office with Commercial 7-19 Stories (O6)

Building sq. ft.

102,519

Building dimensions

86 ft x 75 ft

Buildings on lot

Stories

Year built

1927

Building material

Sales

Sale date

09/26/2018

Sale price

$855,953

Tax

Tax year

2026-2027

Property tax

$879,176

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

86 ft x 75.42 ft

Lot sq. ft.

6,484

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

85 /100. Very Bikeable

School district

Community district

Closest police station

0.24 Miles

Closest fire station

0.32 Miles

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

Ownership

Ownership information for 425 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 425 Madison Avenue, New York, NY 10017

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/15/2020 - R	Initial UCC1 (2020033100890012)	XXX XXXXXXX XXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R	UCC3 Termination (2020033100890002)	XXX XXXXXXX XXXXXXXXXX	XXXXXX XXXXXXXX XXXX
04/15/2020 - R	UCC3 Termination (2020033100890001)	XXX XXXXXXX XXXXXXXXXX	XXXXXX XXXXXXXX XXXX
04/15/2020 - R 03/11/2020 - D	Assignment of Leases and Rents (2020033100890014)	XXX XXXXXXX XXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R 03/11/2020 - D	Mortgage (2020033100890013)	XXX XXXXXXX XXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R 03/11/2020 - D	Assignment of Leases and Rents (2020033100890011)	XXX XXXXXXX XXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R 03/11/2020 - D	Agreement (2020033100890010)	XXX XXXXXXX XXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R 03/11/2020 - D	Mortgage (2020033100890009)	XXX XXXXXXX XXXXXXXXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R 03/10/2020 - D	Assignment, Mortgage (2020033100890006)	XXX XXXXXXX XXXX	XXXXX XXXX XXX XXXXXXX
04/15/2020 - R 03/10/2020 - D	Assignment, Mortgage (2020033100890005)	XXXXXX XXXXXXXX XXXX	XXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 425 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

$879,176

Municipal exemptions

Recent tax assessments

Market value

$18,010,000

Assessed value

$8,104,500

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	$19,393,000	$8,726,850	$8,726,850	10.848%	$946,689	$946,689	+1.35%
2024/25	$19,287,000	$8,679,150	$8,679,150	10.762%	$934,050	$934,050	-9.43%
2023/24	$21,637,000	$9,736,650	$9,736,650	10.592%	$1,031,306	$1,031,306	-20.63%
2022/23	$27,124,000	$12,205,800	$12,205,800	10.646%	$1,299,429	$1,299,429	+15.30%
2021/22	$23,287,000	$10,479,150	$10,479,150	10.755%	$1,127,033	$1,127,033	-22.47%
2020/21	$31,995,000	$14,397,750	$13,593,150	10.694%	$1,453,651	$1,453,651	+5.74%
2019/20	$30,386,000	$13,673,700	$13,047,207	10.537%	$1,374,784	$1,374,784	+4.28%
2018/19	$30,386,000	$13,673,700	$12,539,467	10.514%	$1,318,400	$1,318,400	+6.45%
2017/18	$29,561,000	$13,302,450	$11,779,956	10.514%	$1,238,545	$1,238,545	+6.35%
2016/17	$28,707,000	$12,918,150	$11,013,696	10.574%	$1,164,588	$1,164,588	+4.66%

Permits

Permit information for 425 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/31/2026	Alteration
05/14/2026	Alteration
05/14/2026	Alteration
04/22/2026	Alteration
04/21/2026	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
	07/22/2025	P-plumbing none
	12/04/2020	E-elevator elevatorrequired
	11/19/2019	E-elevator elevatorrequired

*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

Lexington Ave & 50th St at NW Corner

Station lines

E-M-6

Distance (miles)

0.179

View subway map

Access the detailed traffic volume map for 425 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

Nearby ZIP codes for 425 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 425 Madison Avenue, New York, NY 10017?

The development at 425 Madison Avenue, New York, NY 10017 was built in 1927.

What is the market value of 425 Madison Avenue, New York, NY 10017?

The current market value of 425 Madison Avenue, New York, NY 10017 is $18,010,000.

What is the total square footage of 425 Madison Avenue, New York, NY 10017?

425 Madison Avenue, New York, NY 10017 has a total of 102,519 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 43.

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.