New York City  »  10022  »  Madison Ave  »  437 Madison Ave

I.T.T. American Building - 437 Madison Avenue, New York, NY 10022 - Property report

Also known as: 31-43 E 49th St

Property image for I.T.T. American Building - 437 Madison Avenue, New York, NY 10022
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Property type

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

Year built

1967

Lot sq. ft.

38,360

General information

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Address
Building name
I.T.T. American Building
Primary address
I.T.T. American Building - 437 Madison Avenue
Alternate address(es)
31-43 E 49th St
32-42 E 50th St
433-443 Madison Ave
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01285-0021

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
836,660
Building dimensions
151 ft x 176 ft
Buildings on lot
1
Stories
39
Year built
1967
Building material
Sales
Sale date
11/01/2017
Sale price
$28,050,000 - M
Tax
Tax year
2026-2027
Property tax
$15,558,946
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 193 ft
Lot sq. ft.
38,360

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.21 Miles
Closest fire station
0.34 Miles

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

Ownership

Ownership information for I.T.T. American Building - 437 Madison Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for I.T.T. American Building - 437 Madison Avenue, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/24/2026 - R Initial UCC1
(2026032000554008)		 XXXXXXX XXXXXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/24/2026 - R UCC3 Termination
(2026032000554001)		 XXXXXXX XXXXXX XXXXXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/24/2026 - R
03/17/2026 - D		 Agreement
(2026032000554010)		 XXXX XXXXXXX XXXXXX XXXXXXXXX XXX
03/24/2026 - R
03/17/2026 - D		 Agreement
(2026032000554009)		 XXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXX XXXXXXXXX XXX
03/24/2026 - R
03/17/2026 - D		 Assignment of Leases and Rents
(2026032000554007)		 XXXXXXX XXXXXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/24/2026 - R
03/17/2026 - D		 Agreement
(2026032000554006)		 XXXXXXX XXXXXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/24/2026 - R
03/17/2026 - D		 Mortgage
(2026032000554005)		 XXXXXXX XXXXXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/24/2026 - R
03/17/2026 - D		 Assignment, Mortgage
(2026032000554004)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/24/2026 - R
03/17/2026 - D		 Assignment, Mortgage
(2026032000554003)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
03/24/2026 - R
03/17/2026 - D		 Termination of Assign of L&R
(2026032000554002)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for I.T.T. American Building - 437 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
$15,558,946
Municipal exemptions
Recent tax assessments
Market value
$329,964,000
Assessed value
$148,483,800

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 $318,994,000 $143,547,300 $139,924,512 10.848% $15,179,011 $15,179,011 +0.14%
2024/25 $330,288,900 $148,630,000 $140,845,397 10.762% $15,157,782 $15,157,782 -0.44%
2023/24 $332,342,000 $149,553,900 $143,743,630 10.592% $15,225,325 $15,225,325 +5.13%
2022/23 $302,296,000 $136,033,200 $136,033,200 10.646% $14,482,094 $14,482,094 +2.81%
2021/22 $291,049,000 $130,972,050 $130,972,050 10.755% $14,086,044 $14,086,044 -10.88%
2020/21 $328,444,400 $147,799,980 $147,800,000 10.694% $15,805,732 $15,805,732 -1.96%
2019/20 $340,000,000 $153,000,000 $153,000,000 10.537% $16,121,610 $16,121,610 -0.65%
2018/19 $352,525,000 $158,636,250 $154,342,820 10.514% $16,227,604 $16,227,604 +0.60%
2017/18 $349,593,000 $157,316,850 $153,429,070 10.514% $16,131,532 $16,131,532 +0.45%
2016/17 $340,722,000 $153,324,900 $151,879,200 10.574% $16,059,707 $16,059,707 +1.53%
Permits

Permit information for I.T.T. American Building - 437 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/03/2026 Alteration
07/17/2026 Alteration
07/15/2026 Alteration
07/10/2026 Alteration
07/10/2026 Alteration

*Most recent permits on record for this property.

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Violations

DOB Violations

Violation ID Issue date Type Status
06/12/2024 Aeuhaz1-fail to certify class 1 none
12/03/2021 E-elevator elevatorrequired
04/29/2021 Egrade-failure to post energy grade/score none

*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)
0.158
View subway map

Access the detailed traffic volume map for I.T.T. American Building - 437 Madison Avenue, New York, NY 10022 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 I.T.T. American Building - 437 Madison Avenue, New York, NY

37 E 50th St, New York 22 E 49th St, New York 320 Park Ave, New York 457 Madison Ave, New York 603 5th Ave, New York 280 Park Ave, New York 18 E 50th St, New York 19 E 49th St, New York 605 5th Ave, New York 625 5th Ave, New York 423 Madison Ave, New York 42 E 49th St, New York 20 E 49th St, New York 48 E 50th St, New York 455 Madison Ave, New York 415 Madison Ave, New York 300 Park Ave, New York 611 5th Ave, New York 34 E 51st St, New York 425 Madison Ave, New York

Nearby ZIP codes for I.T.T. American Building - 437 Madison Avenue, New York, NY

10017, New York City, NY 10020, New York City, NY 10021, New York City, NY 10065, New York City, NY 10103, 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 I.T.T. American Building - 437 Madison Avenue, New York, NY 10022?

The development at I.T.T. American Building - 437 Madison Avenue, New York, NY 10022 was built in 1967.

What is the market value of I.T.T. American Building - 437 Madison Avenue, New York, NY 10022?

The current market value of I.T.T. American Building - 437 Madison Avenue, New York, NY 10022 is $329,964,000.

What is the total square footage of I.T.T. American Building - 437 Madison Avenue, New York, NY 10022?

I.T.T. American Building - 437 Madison Avenue, New York, NY 10022 has a total of 836,660 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 102.

How many active listings does I.T.T. American Building - 437 Madison Avenue, New York, NY 10022 have?

This address has 6 active listing(s).

Disclaimer

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