Office building with commercial space · Midtown South, Manhattan

112 Madison Avenue

New York, NY 10016

112 Madison Avenue is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1912, with about 82,000 square feet of office space according to city records.

Also at 24 East 30th Street and 112-116 Madison Avenue.

Office space
82K SF
Floors
12
Year built
1912
Zoning
C5-2

The 98th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How 112 Madison Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 112 Madison Avenue ranks 6th of 7 by office floor area. It went up in 1912; the median neighbor dates from 1915. Its estimated property tax, about $13.52 a square foot of floor area before abatements, is close to the neighbors' median of $13.39.

112 Madison Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
112 Madison AvenueThis building82K SF121912$13.52
102 Madison Avenue1 min walk101K SF121917$12.34
105 Madison Avenue1 min walk221K SF211913$13.24
99 Madison Avenue1 min walk113K SF171916$13.54
Emmet Building, 89 Madison Avenue1 min walk137K SF161912$10.82
285 Fifth Avenue1 min walk533K SF191920$31.94
267 Fifth Avenue1 min walk50K SF111915$14.57
The 98th largest of the 156 office buildings we track in Midtown South: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
24 East 30th Street; 112-116 Madison Avenue
ZIP code
10016
Building type
Office building with commercial space (city class O6)
Total floor area
88,560 SF
Commercial floor area
88,560 SF
Office
82,060 SF
Retail
6,500 SF
Height
12 floors
Average floor
About 7,400 SF (floor area divided by floors)
Year built
1912
Lot area
7,037 SF
Zoning district
C5-2
Built FAR
12.58
Max commercial FAR
10
Tax lot (BBL)
1008590072

Nearest subway

  • 28 St3 min walk · Partly accessible
  • 33 St3 min walk · Not accessible
  • 28 St4 min walk · Not accessible

Nearby large buildings

All 86 large office buildings on Madison Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 112 MADISON REALTY CO as the owner of record. For tax year 2026/27 the city values 112 Madison Avenue at $26.2 million and assesses it at $11.8 million. After phase-ins and exemptions its taxable value is $11 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $1.2 million a year before abatements, roughly $13.52 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
112 MADISON REALTY CO
Tax class
Class 4 (commercial and industrial)
City market value
$26,200,000
Land market value
$10,000,000
Assessed value
$11,790,000
Taxable value (phased in)
$11,038,440
Estimated yearly tax
About $1.2 million
Tax per SF of floor area
About $13.52

City market value by tax year

  • 2022/23$22.3 million
  • 2023/24$23.6 million
  • 2024/25$25.3 million
  • 2025/26$25.7 million
  • 2026/27$26.2 million

Market value rose 18% from 2022/23 ($22.3 million) to 2026/27.

How Midtown South compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

112 Madison Avenue reported an ENERGY STAR score of 77 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 59.6 kBtu per square foot, 34% below the national median of 89.9 for a similar property. Its greenhouse gas emissions were about 469 metric tons of CO2e (5.3 kg per square foot).

ENERGY STAR score (2024)
77 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
59.6 kBtu/SF
National median for the type
89.9 kBtu/SF
Greenhouse gas emissions
469 t CO2e
Emissions per SF
5.3 kg CO2e
Floor area in the filing
88,560 SF

ENERGY STAR score by year

  • 202276 (B)
  • 202477 (B)

Energy sources in 2024

  • Electricity58%
  • Natural gas42%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 4 jobs at 112 Madison Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 3 and 12 and the cellar). The newest build-out, on floors 1 and 2 and the cellar, was first permitted in November 2025 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $2.9 million).

New jobs, last 12 months
4
Initial permits, last 12 months
9
Newest job first permitted
April 2026
Interior build-outs, last 24 months
4
Floors with interior work, last 24 months
1 to 3 and 12, cellar
Facade and sidewalk jobs, last 24 months
2

Recent build-outs

  • Floors 1 and 2, cellarNovember 2025Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $2.9 million
  • Floor 2October 2025Construction, Plumbing; est. $30,000; signed off
  • Floor 12September 2025Construction; est. $200,000; signed off
  • Floor 3April 2025Construction, Mechanical, Plumbing, Sprinklers; est. $384,000; signed off

New jobs by year

  • 20216
  • 20223
  • 20231
  • 20242
  • 20254
  • 2026 to date2

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Office space nearby in Midtown South

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for office space in Midtown South yet. These labeled examples show what tenants post. List a space in 112 Madison Avenue and we match it against every new one automatically.

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Questions about 112 Madison Avenue

How big is 112 Madison Avenue?

112 Madison Avenue has about 89,000 square feet of floor area in total, including 82,000 square feet of office and 7,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 112 Madison Avenue built?

City records list 1912 as the year built. The building is 12 floors tall.

What other addresses does 112 Madison Avenue have?

City records list 24 East 30th Street and 112-116 Madison Avenue on the same tax lot (BBL 1008590072) as 112 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 112 Madison Avenue?

112 Madison Avenue is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 112 Madison Avenue, New York, NY 10016, in Midtown South.

What is the zoning at 112 Madison Avenue?

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.58 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 112 Madison Avenue?

The closest subway station to 112 Madison Avenue is 28 St (the 6 train), about 800 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as partly accessible. Also nearby: 33 St (the 6 train), 3 min walk; 28 St (the R and W trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 112 Madison Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 112 MADISON REALTY CO as the owner of record of 112 Madison Avenue (BBL 1008590072). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 112 Madison Avenue?

112 Madison Avenue reported an ENERGY STAR score of 77 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 77 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 59.6 kBtu per square foot, 34% below the national median of 89.9 for a similar property. Its greenhouse gas emissions were about 469 metric tons of CO2e (5.3 kg per square foot).

Is there construction at 112 Madison Avenue?

In the 12 months to September 2026, the Department of Buildings issued first permits for 4 jobs at 112 Madison Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 3 and 12 and the cellar). The newest build-out, on floors 1 and 2 and the cellar, was first permitted in November 2025 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $2.9 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1008590072. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 112 Madison Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $11 million for 112 Madison Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.2 million a year, roughly $13.52 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008590072 show the actual bill.

What is the assessed value of 112 Madison Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 112 Madison Avenue at $26.2 million ($10 million of it land) and its assessed value at $11.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($22.3 million) to 2026/27.

Is there office space for lease at 112 Madison Avenue?

No space at 112 Madison Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

1,677 buildings from city records

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