New York City  »  10010  »  Madison Ave  »  1 Madison Ave

Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010 - Property report

Also known as: 1-33 E 23rd St

Property image for Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010
static Mapbox map

Property type

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

Year built

1932

Lot sq. ft.

77,577

General information

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Address
Building name
Metropolitan Life Tower
Primary address
Metropolitan Life Tower - 1 Madison Avenue
Alternate address(es)
1-3 Madison Ave
1-33 E 23rd St
308-320 Park Ave S
Show more
ZIP code
10010
Neighborhood
NoMad
Borough
Manhattan
Block & lot
00853-0002

Owner

Find out who owns Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
1,233,394
Building dimensions
123 ft x 425 ft
Buildings on lot
1
Stories
26
Year built
1932
Last altered
2020
Building material
Tax
Tax year
2026-2027
Property tax
$33,870,884
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
25
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
122.67 ft x 425 ft
Lot sq. ft.
77,577

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
2
Community district
5

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

Ownership

Ownership information for Metropolitan Life Tower - 1 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 Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/10/2026 - R UCC3 Assignment
(2026070801108004)		 X XXXXXXX XXXXXX XXX XXX XXXX XX XXXXXXX X X
07/10/2026 - R UCC3 Assignment
(2026070801108002)		 X XXXXXXX XXXXXX XXX XXX XXXXXXX XXXXX XXXX XXX
05/22/2026 - R UCC3 Termination
(2026052100555009)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555008)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555007)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555006)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555005)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555004)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555003)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX
05/22/2026 - R UCC3 Termination
(2026052100555002)		 X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Metropolitan Life Tower - 1 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
$33,870,884
Municipal exemptions
Recent tax assessments
Market value
$693,848,000
Assessed value
$312,231,600

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 $613,811,000 $276,214,950 $276,214,950 10.848% $29,963,798 $29,963,798 +18.32%
2024/25 $522,911,000 $235,309,950 $235,309,950 10.762% $25,324,057 $25,324,057 +18.59%
2023/24 $448,011,000 $201,604,950 $201,604,950 10.592% $21,353,996 $21,353,996 +157.78%
2022/23 $172,911,000 $77,809,950 $77,809,950 10.646% $8,283,647 $8,283,647 -53.96%
2021/22 $423,028,000 $190,362,600 $167,288,888 10.755% $17,991,920 $17,991,920 -19.71%
2020/21 $483,090,000 $217,390,500 $209,541,150 10.694% $22,408,331 $22,408,331 +4.13%
2019/20 $483,090,000 $217,390,500 $204,236,010 10.537% $21,520,348 $21,520,348 +2.98%
2018/19 $478,606,000 $215,372,700 $198,757,910 10.514% $20,897,407 $20,897,407 +2.62%
2017/18 $455,417,000 $204,937,650 $193,683,370 10.514% $20,363,870 $20,363,870 +1.64%
2016/17 $428,032,000 $192,614,400 $189,483,700 10.574% $20,036,006 $20,036,006 -0.76%
Permits

Permit information for Metropolitan Life Tower - 1 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/31/2026 Alteration
08/18/2026 Alteration
08/18/2026 Alteration
08/17/2026 Alteration
07/26/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/23/2024 Earcx-failure to submit eer none
02/22/2024 Fispnrf-no report and / OR late filing (facade) facade required
01/03/2024 Aeuhaz1-fail to certify class 1 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
Park Ave & 23rd St at NW Corner
Station lines
6
Distance (miles)
0.039
View subway map

Access the detailed traffic volume map for Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010 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 Metropolitan Life Tower - 1 Madison Avenue, New York, NY

333 E 102nd St, New York 509 W 24th St, New York

Nearby ZIP codes for Metropolitan Life Tower - 1 Madison Avenue, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10011, New York City, NY 10012, New York City, NY 10016, New York City, NY 10017, New York City, NY 10110, New York City, NY 10119, 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 Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010?

The development at Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010 was built in 1932.

What is the market value of Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010?

The current market value of Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010 is $693,848,000.

What is the total square footage of Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010?

Metropolitan Life Tower - 1 Madison Avenue, New York, NY 10010 has a total of 1,233,394 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 25.

Disclaimer

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