| Primary address | 550 Madison Avenue |
| Secondary address | 13-29 E 55th St |
| Neighborhood | Central Midtown |
| Zip code | 10022 |
| Borough | Manhattan |
| Block & lot | 01291-0010 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 05/26/2016 |
| Purchase price | $1,400,000,000 |
| Tax class | Register |
| Estimated property tax | $27,240,226 |
| Lot sq. ft. | 36,803 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 685,125 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 37 |
| Year built | 1984 |
| Year last altered | 2019 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.31 Miles |
| Closest fire station | 0.49 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Postmodern design with a nod to history created 550 Madison Avenue in Central Midtown. Originally built to house the corporate headquarters of AT&T, and now the former home of Sony, the towering 35-story skyscraper offers modern amenities within its 827,000 square feet. It is zoned for office and retail space, with 8 available commercial units. A massive glass-covered atrium invites light into the building, and spotlights space for retail or restaurants on the ground floor.
Easily identifiable in the sea of midtown buildings by its English Chippendale-style roof, the building's massive arched entry is flanked by high windows that show off the ground-floor tenants. Sandwiched between East 55th and 56th Streets with easy access to Madison Ave. high-end retailers and major corporate headquarters, the Sony Building is a few blocks from the E and M subway lines at the 53rd Street station. A plethora of art galleries just a block north of this location ensures plenty of after-work entertainment and shopping opportunities.
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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 550 Madison Avenue, New York, NY 10022 has a total of 685,125 square feet and a current price per square foot of $2,043.
What is the year built & the current market value of 550 Madison Avenue, New York, NY 10022?550 Madison Avenue, New York, NY 10022 was built in 1984 and has a current tax assessor's market value of $563,418,000.
How many commercial spaces does this building have?This building has 7 commercial spaces available for lease. There are 3 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 | 03/23/2026 |
| Lot size | 0.84 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 18th Floor | General Office | Listing price not available | 23,919 | Andrew Sachs Ben Shapiro Nathan Kropp |
Create a free account to view the complete sales history for 550 Madison Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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 550 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: | $27,181,833 |
| Estimated property tax: | $27,240,226 |
| Tax assessor's market value: | $563,418,000 |
| Assessed value: | $253,538,100 |
Here's the assessment & property tax history for 550 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 | $563,418,000 | $253,538,100 | $250,569,990 | 10.848% | $27,181,833 | $27,181,833 | +1.06% |
| 2024/25 | $555,363,000 | $249,913,350 | $249,913,350 | 10.762% | $26,895,675 | $26,895,675 | +15.64% |
| 2023/24 | $487,955,000 | $219,579,750 | $219,579,750 | 10.592% | $23,257,887 | $23,257,887 | +32.35% |
| 2022/23 | $366,812,000 | $165,065,400 | $165,065,400 | 10.646% | $17,572,862 | $17,572,862 | +2.47% |
| 2021/22 | $354,345,000 | $159,455,250 | $159,455,250 | 10.755% | $17,149,412 | $17,149,412 | -12.61% |
The complete history of permits filed for 550 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) | 0.122 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Madison Av/E 56 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | X22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.035 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 550 Madison Avenue, New York, NY 10022.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 465 Park Ave, New York | 256,034 | ||
| 653 5th Ave, New York | 41,410 | 10/07/1975 | |
| 350 Park Ave, New York | 536,992 | 10/02/2020 | |
| 800 3rd Ave, New York | 526,124 | 11/01/2017 | $28,050,000 |
| 155 E 55th St, New York | 137,136 | 07/10/2024 | |
| 930 3rd Ave, New York | 8,387 | 08/01/1991 | |
| 545 Madison Ave, New York | 138,240 | 12/17/2019 | |
| 424 Madison Ave, New York | 62,237 | 10/31/2023 | |
| 6 E 46th St, New York | 22,350 | 12/10/2001 | |
| 575 Madison Ave, New York | 399,613 | 11/13/2014 | |
| 500 Park Ave, New York | 245,468 | ||
| 708 3rd Ave, New York | 359,326 | 01/27/2020 | $180,000 |
| 150 E 44th St, New York | 352,725 | 10/26/1999 | |
| 515 Madison Ave, New York | 331,020 | 12/21/2012 | $31,020,000 |
| 70 E 55th St, New York | 135,000 | 11/01/2010 | |
| 511 5th Ave, New York | 125,632 | 01/12/2006 | |
| 598 Madison Ave, New York | 79,446 | 01/16/1986 | |
| 422 Madison Ave, New York | 8,119 | 07/18/2001 | |
| 950 3rd Ave, New York | 313,200 | 11/01/2017 | $28,050,000 |
| 527 Madison Ave, New York | 197,948 | 04/01/2011 |
