New York City » 10022 » Madison Ave » 477 Madison Ave

477 Madison Avenue, New York, NY 10022 - Property report

Also known as: 35-37 E 51st St

Property image for 477 Madison Avenue, New York, NY 10022

Property type

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

Year built

1954

Lot sq. ft.

15,062

Sale price

$155,368,000

General information

Address

Primary address

477 Madison Avenue

Alternate address(es)

35-37 E 51st St
477 Ab Madison Ave

ZIP code

10022

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01287-0021

Building

Property type

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

Building sq. ft.

262,287

Building dimensions

96 ft x 150 ft

Buildings on lot

Stories

Year built

1954

Last altered

2019

Building material

Sales

Sale date

06/27/2019

Sale price

$155,368,000

Tax

Tax year

2026-2027

Property tax

$5,003,356

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

100.42 ft x 150 ft

Lot sq. ft.

15,062

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

84 /100. Very Bikeable

School district

Community district

Closest police station

0.21 Miles

Closest fire station

0.43 Miles

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

Ownership

Ownership information for 477 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 477 Madison Avenue, New York, NY 10022

Sale date	Sale price	Buyer name	Seller name
06/27/2019	$155,368,000	XXX XXXXXXX XXX	X X X. XXXXXXX XXXXXXXX, XXX
06/27/2019	$102,882,000	XXX XXXXXXX XXX	XXX XXXXXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/24/2025 - R 09/03/2025 - D	Agreement (2025091500320001)	XXXXXXX XXXXXX XXX	XXX XXXXXXX XXX
12/30/2024 - R 12/02/2024 - D	NYC Real Property Transfer Tax (2024122601061001)	XXX XXXXXXX XXX	XXX XXXX XX XXX
01/04/2024 - R 12/19/2023 - D	Easement (2024010200798004)	XXX XXXXXXX XXX	XX XXX XXXX XXX
01/04/2024 - R 12/19/2023 - D	Agreement (2024010200798003)	XXX XXXXXXX XXX	XXX XXXX XX XXX
01/04/2024 - R 12/13/2023 - D	Consent (2024010200798002)	XXXXXXXX X X
01/04/2024 - R 12/04/2023 - D	Certificate (2024010200798001)	XXXXXXX XXXXX XXXXXXXXX XXXXXXX
10/19/2023 - R 10/10/2023 - D	Agreement (2023101701037002)	XXX XXXXXXX XXX	XXXXXXXX XX
10/19/2023 - R 10/10/2023 - D	Mortgage (2023101701037001)	XXX XXXXXXX XXX	XXXXXXXX XX
11/02/2022 - R 10/18/2022 - D	Agreement (2022110200210001)	XXX XXXXXXX XXX	XXXXXXXXXX XXX
02/11/2022 - R 01/06/2022 - D	Agreement (2022020701290001)	XXXXXXXXXX XXX	XXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 477 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

$5,003,356

Municipal exemptions

Recent tax assessments

Market value

$115,805,000

Assessed value

$52,112,250

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	$115,429,000	$51,943,050	$50,830,741	10.848%	$5,514,119	$4,984,035	+2.73%
2024/25	$111,121,000	$50,004,450	$50,004,450	10.762%	$5,381,479	$4,851,395	-7.96%
2023/24	$110,584,000	$49,762,800	$49,762,800	10.592%	$5,270,876	$5,270,876	+2.55%
2022/23	$107,290,000	$48,280,500	$48,280,500	10.646%	$5,139,942	$5,139,942	+16.04%
2021/22	$91,521,000	$41,184,450	$41,184,450	10.755%	$4,429,388	$4,429,388	-1.36%
2020/21	$98,920,000	$44,514,000	$41,989,750	10.694%	$4,490,384	$4,490,384	+4.73%
2019/20	$97,814,000	$44,016,300	$40,691,830	10.537%	$4,287,698	$4,287,698	+3.45%
2018/19	$103,086,000	$46,388,700	$39,420,310	10.514%	$4,144,651	$4,144,651	+6.97%
2017/18	$98,372,000	$44,267,400	$36,850,100	10.514%	$3,874,420	$3,874,420	+6.34%
2016/17	$85,855,000	$38,634,750	$34,456,620	10.574%	$3,643,443	$3,643,443	+3.73%

Permits

Permit information for 477 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
06/16/2026	Alteration
04/29/2026	Alteration
04/29/2026	Alteration
04/24/2026	Alteration
04/01/2026	Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/04/2020	Aeuhaz1-fail to certify class 1
	09/06/2019	Acc1-(other BLDGS types) - elevator affirmation of correction elevatorrequired
	09/06/2019	Acc1-(other BLDGS types) - elevator affirmation of correction 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

Madison Ave & 53rd St at SE Corner

Station lines

E-M

Distance (miles)

0.077

View subway map

Access the detailed traffic volume map for 477 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 477 Madison Avenue, New York, NY

39 E 51st St, New York 14 E 52nd St, New York 37 E 50th St, New York 7 E 51st St, New York 457 Madison Ave, New York 320 Park Ave, New York 485 Madison Ave, New York 11 E 51st St, New York 16 E 52nd St, New York 641 5th Ave, New York 625 5th Ave, New York 655 5th Ave, New York 40 E 52nd St, New York 12 E 52nd St, New York 10 E 52nd St, New York 5 E 51st St, New York 455 Madison Ave, New York 647 5th Ave, New York 34 E 51st St, New York

Nearby ZIP codes for 477 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 477 Madison Avenue, New York, NY 10022?

The development at 477 Madison Avenue, New York, NY 10022 was built in 1954.

What is the market value of 477 Madison Avenue, New York, NY 10022?

The current market value of 477 Madison Avenue, New York, NY 10022 is $115,805,000.

What is the total square footage of 477 Madison Avenue, New York, NY 10022?

477 Madison Avenue, New York, NY 10022 has a total of 262,287 square feet.

What is the price per square foot for this property?

$592 per square foot is the price for 477 Madison Avenue, New York, NY 10022.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 39.

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.