New York City » 10022 » Madison Ave » 527 Madison Ave

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

Also known as: 40-54 E 54th St

Property image for 527 Madison Avenue, New York, NY 10022

Property type

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

Year built

1985

Lot sq. ft.

11,650

Sale price

$225,000,000

General information

Address

Primary address

527 Madison Avenue

Alternate address(es)

40-54 E 54th St
527-531 Madison Ave
529-531 Madison Ave

ZIP code

10022

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01289-0052

Building

Property type

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

Building sq. ft.

197,948

Building dimensions

60 ft x 148 ft

Buildings on lot

Stories

Year built

1985

Sales

Sale date

09/17/2008

Sale price

$225,000,000

Tax

Tax year

2026-2027

Property tax

$5,294,974

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

60.42 ft x 148 ft

Lot sq. ft.

11,650

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

84 /100. Very Bikeable

School district

Community district

Closest police station

0.23 Miles

Closest fire station

0.54 Miles

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

Ownership

Ownership information for 527 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 527 Madison Avenue, New York, NY 10022

Sale date	Sale price	Buyer name	Seller name
09/17/2008	$225,000,000	XXX XXX XXXXXXX XXX	XXX XXXXXXX XXXXX, XXX
02/09/2007	$234,641,309	XXX XXXXXXX XXXXX, XXX	XX-XXX XXXXXXX X X X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/05/2011 - R 04/01/2011 - D	NYC Real Property Transfer Tax (2011042500454001)	XXX XXXXXXXX XXXXX XXXXXXX X X XX X	XXXXXXXX XXXXXX XXXXX XXXXXXXX XX X
09/23/2008 - R	UCC3 Termination (2008091900764001)	XXX XXXXXXX XXXXX XXX	XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX
09/23/2008 - R 09/17/2008 - D	Release (2008091900536004)	XXXXXXXX XXXX XX XXX XXXX	XXXX XXXXXXXX XXXXX XXX
09/23/2008 - R 09/17/2008 - D	Partial Release of Mortgage (2008091900536003)	XXXXXXXX XXXX XX XXX XXXX	XXXX XXXXXXXX XXXXX XXX
09/23/2008 - R 09/17/2008 - D	Deed (2008091900536002)	XXX XXXXXXX XXXXX XXX	XXX XXX XXXXXXX XXX
09/23/2008 - R 09/17/2008 - D	Agreement (2008091900536001)	XXXXX XX XXXXX XXX	XXXXXXXX XXXX XX XXX XXXX XXXXXX
08/20/2008 - R	UCC3 Assignment (2008081401163001)	XXX XXXXXXX XXXXX XXX	XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/02/2008 - R 04/14/2008 - D	Asgn of Asgn of L&R (2008042901519004)	XX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXX XX
05/02/2008 - R 04/14/2008 - D	Assignment, Mortgage (2008042901519003)	XX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXX XX
05/02/2008 - R 01/02/2008 - D	Asgn of Asgn of L&R (2008042901519002)	XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX	XX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 527 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

$5,294,974

Municipal exemptions

Recent tax assessments

Market value

$108,468,000

Assessed value

$48,810,600

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	$113,688,000	$51,159,600	$50,350,647	10.848%	$5,462,038	$5,462,038	-0.75%
2024/25	$113,639,000	$51,137,550	$51,137,550	10.762%	$5,503,423	$5,503,423	+1.92%
2023/24	$113,291,000	$50,980,950	$50,980,950	10.592%	$5,399,902	$5,399,902	+5.18%
2022/23	$107,167,000	$48,225,150	$48,225,150	10.646%	$5,134,049	$5,134,049	-12.21%
2021/22	$120,828,000	$54,372,600	$54,372,600	10.755%	$5,847,773	$5,847,773	-2.69%
2020/21	$145,740,000	$65,583,000	$56,196,600	10.694%	$6,009,664	$6,009,664	+1.65%
2019/20	$145,166,000	$65,324,700	$56,109,120	10.537%	$5,912,218	$5,912,218	+2.95%
2018/19	$132,519,000	$59,633,550	$54,619,260	10.514%	$5,742,669	$5,742,669	+1.13%
2017/18	$137,799,000	$62,009,550	$54,008,457	10.514%	$5,678,449	$5,678,449	+5.09%
2016/17	$122,531,000	$55,138,950	$51,102,580	10.574%	$5,403,587	$5,403,587	+1.71%

Permits

Permit information for 527 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/26/2026	Alteration
07/10/2026	Alteration
07/09/2026	Alteration
07/08/2026	Alteration
07/08/2026	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
	01/20/2021	Aeuhaz1-fail to certify class 1 none
	12/04/2019	E-elevator
	12/04/2019	E-elevator

*Most recent DOB violations on record for this property.

Listings

Commercial listings at 527 Madison Avenue, New York, NY 10022

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	General Office	$130/Sq. ft./Year	248,327	09/23/2019	09/07/2026	View listing

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 NE Corner

Station lines

E-M

Distance (miles)

0.028

View subway map

Access the detailed traffic volume map for 527 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

Nearby ZIP codes for 527 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 527 Madison Avenue, New York, NY 10022?

The development at 527 Madison Avenue, New York, NY 10022 was built in 1985.

What is the market value of 527 Madison Avenue, New York, NY 10022?

The current market value of 527 Madison Avenue, New York, NY 10022 is $108,468,000.

What is the total square footage of 527 Madison Avenue, New York, NY 10022?

527 Madison Avenue, New York, NY 10022 has a total of 197,948 square feet.

What is the price per square foot for this property?

$1,136 per square foot is the price for 527 Madison Avenue, New York, NY 10022.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 31.

How many active listings does 527 Madison Avenue, New York, NY 10022 have?

This address has 3 active listing(s).

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.