| Primary address | 590 Madison Avenue |
| Secondary address | 15-25 E 56th St |
| Neighborhood | Central Midtown |
| Zip code | 10022 |
| Borough | Manhattan |
| Block & lot | 01292-0015 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 08/14/2025 |
| Purchase price | $1,080,000,000 |
| Tax class | Register |
| Estimated property tax | $24,593,110 |
| Lot sq. ft. | 39,162 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 999,646 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 43 |
| Year built | 1981 |
| Year last altered | 2014 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.34 Miles |
| Closest fire station | 0.47 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
With nearly 1 million square feet for office, retail, and storage space, the former IBM Building at 590 Madison Ave. is a giant looming above the Central Midtown skyline. At 43 stories, it's the 89th-tallest building in New York.
With plenty of public open space, and a parking garage with room for 78 cars, the polished granite and glass building is equally fitting for high-end retail facing 57th Street, or indoor cafe seating to enjoy the greenery within its 3-story, glass-enclosed atrium. Each entrance has a security station to ensure the safety of all inhabitants. Not only is the wedge-shaped building close to some of the best shopping and dining the city has to offer, it also has one of the greatest views. Theatres and art galleries are also sprinkled around the area, making for an exciting place to be, come night time.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at 590 Madison Avenue, New York, NY 10022 has a total of 999,646 square feet and a current price per square foot of $1,080.
What is the year built & the current market value of 590 Madison Avenue, New York, NY 10022?590 Madison Avenue, New York, NY 10022 was built in 1981 and has a current tax assessor's market value of $500,000,000.
How many commercial spaces does this building have?This building has 80 commercial spaces available for lease. There are 2 active listings at this address.
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.
| Listing type | For Lease |
|---|---|
| Last updated | 03/20/2026 |
| Lot size | 1.14 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 27th Floor | General Office | Listing price not available | 5,903 | Dylan Weisman Cooper Weisman |
| Listing type | For Lease |
|---|---|
| Listing date | 12/07/2023 |
| Last updated | 05/12/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Partial Building | Interior Retail | Listing price not available | 27,692 | Joanne Podell Michael Shalom Teddy Dolan |
Create a free account to view the complete sales history for 590 Madison Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 590 Madison Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $24,289,283 |
| Estimated property tax: | $24,593,110 |
| Tax assessor's market value: | $500,000,000 |
| Assessed value: | $225,000,000 |
Here's the assessment & property tax history for 590 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 | $500,000,000 | $225,000,000 | $223,905,630 | 10.848% | $24,289,283 | $24,289,283 | +2.60% |
| 2024/25 | $553,333,300 | $249,000,000 | $219,979,110 | 10.762% | $23,674,152 | $23,674,152 | +5.80% |
| 2023/24 | $521,763,000 | $234,793,350 | $211,252,590 | 10.592% | $22,375,874 | $22,375,874 | +2.34% |
| 2022/23 | $456,372,000 | $205,367,400 | $205,367,400 | 10.646% | $21,863,413 | $21,863,413 | -1.32% |
| 2021/22 | $457,777,800 | $206,000,010 | $206,000,000 | 10.755% | $22,155,300 | $22,155,300 | -21.41% |
The complete history of permits filed for 590 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.
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.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Madison Ave & 53rd St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | E-M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | E 57 St/Madison Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 590 Madison Avenue, New York, NY 10022.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 32 E 57th St, New York | 77,511 | ||
| 8 E 57th St, New York | 26,983 | 08/14/2025 | $1,080,000,000 |
| 743 5th Ave, New York | 1,593 | 08/30/2010 | $8,210,000 |
| 48 E 57th St, New York | 11,990 | 04/14/2014 | |
| 58 E 56th St, New York | 6,750 | 04/22/2021 | $8,000,000 |
| 430 Park Ave, New York | 233,115 | 04/03/1987 | |
| 711 5th Ave, New York | 310,000 | 09/25/2019 | |
| 50 E 57th St, New York | 14,535 | 11/02/2011 | $31,500,000 |
| 1 E 57th St, New York | 91,060 | 08/28/2008 | $3,134,882 |
| 57 E 55th St, New York | 14,541 | 02/21/2025 | $15,491,250 |
| 57 E 54th St, New York | 7,214 | 12/18/2003 | $4,175,000 |
| 727 5th Ave, New York | 107,086 | 02/01/2017 | $131,667,000 |
| 721 5th Ave, New York | 756,693 | ||
| 36 E 57th St, New York | 15,674 | 07/30/2014 | $65,250,000 |
| 9 E 56th St, New York | 26,983 | 08/14/2025 | $1,080,000,000 |
| 534 Madison Ave, New York | 7,665 | ||
| 6 E 57th St, New York | 26,983 | 08/26/1996 | |
| 551 Madison Ave, New York | 125,495 | 01/19/2017 | $155,000,000 |
| 697 5th Ave, New York | 11,485 | 02/05/2016 | $20,000,000 |
