Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Commercial condominium · Midtown South, Manhattan
161 Madison Avenue
New York, NY 10016
161 Madison Avenue is a 12-floor commercial condominium in Midtown South, Manhattan, built in 1900, with about 58,000 square feet of office space according to city records.
Also at 161-163 Madison Avenue.
- Office space
- 58K SF
- Floors
- 12
- Year built
- 1900
- Zoning
- C5-2
The 132nd largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 161 Madison Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 161 Madison Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 161 Madison Avenue is the smallest by office floor area. Built in 1900, it is the oldest of them. Its estimated property tax, about $21.36 a square foot of floor area before abatements, is above the neighbors' median of $12.52.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 161 Madison Avenue | 58K SF | 12 | 1900 | $21.36 | n/a |
| 30 East 33rd Street | 85K SF | 12 | 1916 | $10.31 | n/a |
| 169 Madison Avenue | 106K SF | 16 | 1926 | $13.24 | n/a |
| 152 Madison Avenue | 91K SF | 22 | 1929 | $11.81 | Mar 2006, $29M |
| 147 Madison Avenue | 111K SF | 12 | 1917 | $17.45 | Feb 2023, $77M |
| 33 East 33rd Street | 115K SF | 12 | 1914 | $11.44 | n/a |
| 2 Park Avenue | 797K SF | 25 | 1928 | $14.48 | Dec 2024, $357M |
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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). 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 address
- 161-163 Madison Avenue
- ZIP code
- 10016
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 60,012 SF
- Commercial floor area
- 60,012 SF
- Office
- 57,816 SF
- Retail
- 2,196 SF
- Height
- 12 floors
- Average floor
- About 5,000 SF (floor area divided by floors)
- Year built
- 1900
- Lot area
- 5,755 SF
- Zoning district
- C5-2
- Built FAR
- 10.43
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008627501
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 161 Madison Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across Midtown South
- 12.7%
- Share vacant along Madison Avenue
- 11.2%
- Share vacant citywide
- 8.7%
- Condominium tax lots that filed
- 1
Vacant on December 31, by year
Need a storefront in Midtown South? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, summed over the condominium's unit lot that filed, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
161 Madison Avenue is a condominium of 42 tax lots with 31 owners of record, none holding half of its market value. For tax year 2026/27 the city values 161 Madison Avenue at $26.9 million and assesses it at $12.1 million. After phase-ins and exemptions its taxable value is $11.8 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 $1.28 million a year before abatements, roughly $21.36 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.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $26,940,003
- Land market value
- $2,924,004
- Assessed value
- $12,123,003
- Taxable value (phased in)
- $11,817,632
- Estimated yearly tax
- About $1.28 million
- Tax per SF of floor area
- About $21.36
- Condominium tax lots
- 42
- Owners of record
- 31
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 42 condominium tax lots; 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
161 Madison Avenue reported an ENERGY STAR score of 100 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 35 kBtu per square foot, less than half the national median of 82.4 for a similar property. Its greenhouse gas emissions were about 230 metric tons of CO2e (3.59 kg per square foot).
- ENERGY STAR score (2024)
- 100 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Medical Office
- Site energy use intensity
- 35 kBtu/SF
- National median for the type
- 82.4 kBtu/SF
- Greenhouse gas emissions
- 230 t CO2e
- Emissions per SF
- 3.59 kg CO2e
- Floor area in the filing
- 64,055 SF
ENERGY STAR score by year
Energy sources in 2024
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
The Department of Buildings issued no permits for new jobs at 161 Madison Avenue in the 12 months to September 2026; the last one was first permitted in July 2025. In the last two years, interior work was permitted on one floor (floor 11). The newest build-out, on floor 11, was first permitted in July 2025 (sprinklers; filed cost estimate $1,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- July 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 11
Recent build-outs
New jobs by year
Build-outs across Midtown SouthWhere NYC offices are being built out
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 161 Madison Avenue and we match it against every new one automatically.
Want · Office
Startup seeking furnished sublease
Posted by the tenant · Software
- Where
- Flatiron, Midtown South +1
- Size
- 6,000 to 11,000 SF
- Budget
- to $60/SF
- Move in
- Nov 2026
Furnished
Owners: got a fit?I have a fit
Before you sign
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Questions about 161 Madison Avenue
How big is 161 Madison Avenue?
161 Madison Avenue has about 60,000 square feet of floor area in total, including 58,000 square feet of office and 2,000 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 161 Madison Avenue built?
City records list 1900 as the year built. The building is 12 floors tall.
What other addresses does 161 Madison Avenue have?
City records list 161-163 Madison Avenue on the same tax lot (BBL 1008627501) as 161 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 161 Madison Avenue?
161 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 161 Madison Avenue, New York, NY 10016, in Midtown South.
What is the zoning at 161 Madison Avenue?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.43 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 161 Madison Avenue?
The closest subway station to 161 Madison Avenue is 33 St (the 6 train), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 28 St (the 6 train), 5 min walk; 28 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 161 Madison Avenue?
161 Madison Avenue is a condominium of 42 tax lots with 31 owners of record, none holding half of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008627501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
What is the energy grade of 161 Madison Avenue?
161 Madison Avenue reported an ENERGY STAR score of 100 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 100 earns an A. 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 35 kBtu per square foot, less than half the national median of 82.4 for a similar property. Its greenhouse gas emissions were about 230 metric tons of CO2e (3.59 kg per square foot).
Is there construction at 161 Madison Avenue?
The Department of Buildings issued no permits for new jobs at 161 Madison Avenue in the 12 months to September 2026; the last one was first permitted in July 2025. In the last two years, interior work was permitted on one floor (floor 11). The newest build-out, on floor 11, was first permitted in July 2025 (sprinklers; filed cost estimate $1,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008627501. 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 161 Madison Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.8 million for 161 Madison Avenue (the sum of its 42 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.28 million a year, roughly $21.36 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008627501 show the actual bill.
What is the assessed value of 161 Madison Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 161 Madison Avenue at $26.9 million ($2.92 million of it land) and its assessed value at $12.1 million, the 45% of market value the city assesses for Class 4 property.
Are there vacant storefronts at 161 Madison Avenue?
Owners registered one storefront at 161 Madison Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 161 Madison Avenue?
No space at 161 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.
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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St