Manhattan  »  10065  »  Madison Ave  »  706 Madison Ave

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

Also known as: 22-24 E 63rd St

Property image for 706 Madison Avenue, New York, NY 10065
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1922

Lot sq. ft.

7,502

Sale price

$141,510,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
706 Madison Avenue
Alternate address(es)
22-24 E 63rd St
702-708 Madison Ave
706-708 Madison Ave
ZIP code
10065
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01377-0058

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
39,218
Building dimensions
80.42 ft x 88.75 ft
Buildings on lot
1
Stories
5
Year built
1922
Last altered
2015
Building material
Sales
Sale date
11/29/2012
Sale price
$141,510,000 - M
Tax
Tax year
2026-2027
Property tax
$2,955,389
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
80.42 ft x 88.75 ft
Lot sq. ft.
7,502

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.31 Miles
Closest fire station
0.32 Miles

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

Ownership information for 706 Madison Avenue, New York, NY

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

Sales history for 706 Madison Avenue, New York, NY 10065

Sale date Sale price Buyer name Seller name
11/29/2012 $141,510,000 XXX XXXXXXX XXX XXX XXXX XX XXX XXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/12/2023 - R
03/08/2023 - D
Agreement
(2023051100241001)
XXX XXXXXXX XXX XXXXXX XX XXXXX XXX
02/15/2019 - R
02/13/2019 - D
Memorandum of Lease
(2019021500554001)
XXX XXXXXXX XXX XXXXXX XX XXXXX XXX
03/04/2014 - R
02/26/2014 - D
Easement
(2014022800366001)
XXX XXXXXXX XXX XXX XXXXXXX XXX
06/14/2013 - R
04/23/2013 - D
Zoning Lot Description
(2013051601751002)
XXX XXXXXXX XXX
06/14/2013 - R
04/05/2013 - D
Certificate
(2013051601751001)
XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
12/10/2012 - R
11/29/2012 - D
Deed
(2012113001203001)
XXX XXXX XX XXX XXXX XXXXXX XXX XXXXXXX XXX
08/04/2005 - R
03/20/2004 - D
Easement
(2005072502268001)
XXX XXXX XX XXX XXXX XXX XXXXXXX XXXXXXXX XXX
07/02/1982 - R Landmark Designation
(1270000011427)
XXXXXXXXX XXXXXXXXXXXXX XXXX XX XXX XXXX
02/04/1981 - R Deed
(1650008636565)
XXXXXXXX XXXX XXXX XX XXX XXXX
10/17/1979 - R Deed
(1540008614754)
XXXX XXXXXXXXX XXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 706 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
$2,955,389
Municipal exemptions
Recent tax assessments
Market value
$64,348,000
Assessed value
$28,956,600

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 $61,778,000 $27,800,100 $26,270,370 10.848% $2,849,810 $2,849,810 -3.38%
2024/25 $60,906,000 $27,407,700 $27,407,700 10.762% $2,949,617 $2,949,617 +4.49%
2023/24 $59,222,000 $26,649,900 $26,649,900 10.592% $2,822,757 $2,822,757 +4.37%
2022/23 $56,453,000 $25,403,850 $25,403,850 10.646% $2,704,494 $2,704,494 +4.38%
2021/22 $53,534,000 $24,090,300 $24,090,300 10.755% $2,590,912 $2,590,912 -1.09%
2020/21 $75,043,000 $33,769,350 $24,494,040 10.694% $2,619,393 $2,619,393 +20.12%
2019/20 $71,600,000 $32,220,000 $20,695,140 10.537% $2,180,647 $2,180,647 +103.93%
2018/19 $31,654,000 $14,244,300 $10,170,360 10.514% $1,069,312 $1,069,312 +15.14%
2017/18 $29,756,000 $13,390,200 $8,833,267 10.514% $928,730 $928,730 +82.88%
2016/17 $10,833,000 $4,874,850 $4,802,745 10.574% $507,842 $507,842 -11.85%

Permit information for 706 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/23/2024 Alteration
08/15/2024 Alteration
11/17/2022 Alteration
08/03/2022 Alteration
08/03/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
5th Ave & 60th St at NW Corner
Station lines
N-Q-R
Distance (miles)
0.146

Access the detailed traffic volume map for 706 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

Frequently asked questions

What is the year built for 706 Madison Avenue, New York, NY 10065?

The development at 706 Madison Avenue, New York, NY 10065 was built in 1922.

What is the market value of 706 Madison Avenue, New York, NY 10065?

The current market value of 706 Madison Avenue, New York, NY 10065 is $64,348,000.

What is the total square footage of 706 Madison Avenue, New York, NY 10065?

706 Madison Avenue, New York, NY 10065 has a total of 39,218 square feet.

What is the price per square foot for this property?

$3,608 per square foot is the price for 706 Madison Avenue, New York, NY 10065.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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