Manhattan » 10065 » Madison Ave » 655 Madison Ave

655 Madison Avenue, New York, NY 10065 - Property report

Also known as: 29-31 E 60th St

Property image for 655 Madison Avenue, New York, NY 10065

Property type

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

Year built

1951

Lot sq. ft.

10,946

Sale price

$159,433,333

General information

Address

Primary address

655 Madison Avenue

Alternate address(es)

29-31 E 60th St
653 Madison Ave
653-655 Madison Ave

Show all

ZIP code

10065

Neighborhood

Lenox Hill

Borough

Manhattan

Block & lot

01375-0021

Building

Property type

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

Building sq. ft.

198,347

Building dimensions

98 ft x 108 ft

Buildings on lot

Stories

Year built

1951

Last altered

2025

Building material

Sales

Sale date

10/10/2024

Sale price

$159,433,333

Tax

Tax year

2026-2027

Property tax

$5,443,887

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 109 ft

Lot sq. ft.

10,946

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.38 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 655 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 655 Madison Avenue, New York, NY 10065

Sale date	Sale price	Buyer name	Seller name
10/10/2024	$159,433,333	XXX XXXXXXX XXX	XXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/02/2026 - R 01/29/2026 - D	Development Rights (2026013000887005)	XXXXXXXXXXXX XXXX XXX	XXX XXXXXXX XXX
02/02/2026 - R 01/29/2026 - D	Development Rights (2026013000887004)	XXXXXXXXXXXX XXXX XXX	XXX XXXXXXX XXX
02/02/2026 - R 01/29/2026 - D	Sundry Miscellaneous (2026013000887003)	XXXXXXXX XXXXX XXXX X X
02/02/2026 - R 01/29/2026 - D	Certificate (2026013000887002)	XXXXX XXXXXXXX XX XXX XXXX XXX
12/30/2025 - R 12/29/2025 - D	Zoning Lot Description (2025121700647010)	XXX XXXXXXX XXX
12/30/2025 - R 12/16/2025 - D	Certificate (2025121700647009)	XXXXX XXXXXXXX XX XXX XXXX XXX
12/30/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121700647008)	XXX XXXXXXX XXX XXXX XXXXXX XXX	XXXXXXXX XXXXX XXXX X X
12/30/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121700647007)	XXX XXXXXXX XXX XXXX XXXXXX XXX	XXXXXXXX XXXXX XXXX X X
12/30/2025 - R 12/15/2025 - D	Assignment, Mortgage (2025121700647006)	XXX XXXXXXX XXX XXXX XXXXXX XXX	XXXXXXXX XXXXX XXXX X X
12/30/2025 - R 12/15/2025 - D	Mortgage (2025121700647005)	XXX XXXXXXX XXX	XXX XXXXXXX XXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 655 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

$5,443,887

Municipal exemptions

Recent tax assessments

Market value

$112,580,000

Assessed value

$50,661,000

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	$120,644,000	$54,289,800	$52,918,912	10.848%	$5,740,644	$5,740,644	-0.24%
2024/25	$118,824,000	$53,470,800	$53,470,800	10.762%	$5,754,527	$5,754,527	-0.28%
2023/24	$121,066,000	$54,479,700	$54,479,700	10.592%	$5,770,490	$5,770,490	-5.09%
2022/23	$126,912,000	$57,110,400	$57,110,400	10.646%	$6,079,973	$6,079,973	+12.89%
2021/22	$111,282,000	$50,076,900	$50,076,900	10.755%	$5,385,771	$5,385,771	-17.23%
2020/21	$148,281,000	$66,726,450	$60,846,320	10.694%	$6,506,905	$6,506,905	+6.25%
2019/20	$138,967,000	$62,535,150	$58,118,330	10.537%	$6,123,928	$6,123,928	+3.72%
2018/19	$147,159,000	$66,221,550	$56,155,940	10.514%	$5,904,236	$5,904,236	+7.88%
2017/18	$139,083,000	$62,587,350	$52,051,680	10.514%	$5,472,714	$5,472,714	+12.33%
2016/17	$129,900,000	$58,455,000	$46,074,420	10.574%	$4,871,909	$4,871,909	+11.62%

Permits

Permit information for 655 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/22/2026	Alteration
05/22/2026	Alteration
04/30/2026	New building
04/29/2026	New building
04/20/2026	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/01/2024	Egrade-failure to post energy grade/score none
	12/09/2021	E-elevator elevatorrequired
	09/15/2020	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

5th Ave & 60th St at SE Corner

Station lines

N-Q-R

Distance (miles)

0.093

View subway map

Access the detailed traffic volume map for 655 Madison Avenue, New York, NY 10065 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 655 Madison Avenue, New York, NY

10017, New York City, NY 10021, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10075, New York City, NY 10103, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, 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 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 655 Madison Avenue, New York, NY 10065?

The development at 655 Madison Avenue, New York, NY 10065 was built in 1951.

What is the market value of 655 Madison Avenue, New York, NY 10065?

The current market value of 655 Madison Avenue, New York, NY 10065 is $112,580,000.

What is the total square footage of 655 Madison Avenue, New York, NY 10065?

655 Madison Avenue, New York, NY 10065 has a total of 198,347 square feet.

What is the price per square foot for this property?

$803 per square foot is the price for 655 Madison Avenue, New York, NY 10065.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 20.

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.