Office building with commercial space · Midtown South, Manhattan

Madison Belmont Building

183 Madison Avenue, New York, NY 10016

The Madison Belmont Building (183 Madison Avenue) is a 17-floor office building with commercial space in Midtown South, Manhattan, built in 1925, with about 202,000 square feet of office space according to city records.

Also at 31 East 33rd Street, 40-46 East 34th Street and 181-183 Madison Avenue.

Office space
202K SF
Floors
17
Year built
1925
Zoning
C5-2

Office space next to its nearest neighbors

  1. 178 Madison Avenue1 min walk218K SF
  2. Madison Belmont BuildingThis building202K SF
  3. 169 Madison Avenue1 min walk106K SF
  4. 185 Madison Avenue1 min walk75K SF

The 29th largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How the Madison Belmont Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Madison Belmont Building ranks 3rd of 7 by office floor area. It went up in 1925; the median neighbor dates from 1925. Its estimated property tax, about $15.16 a square foot of floor area before abatements, is above the neighbors' median of $11.46.

The Madison Belmont Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
Madison Belmont Building, 183 Madison AvenueThis building202K SF171925$15.16Aug 2018, $220M
185 Madison Avenue1 min walk75K SF161911$11.46n/a
169 Madison Avenue1 min walk106K SF161926$13.24n/a
178 Madison Avenue1 min walk218K SF241927$22.04Jul 2008, $146M
33 East 33rd Street1 min walk115K SF121914$11.44n/a
55 East 34th Street1 min walk44K SF61951Exemptn/a
15 East 33rd Street1 min walk327K SF211925$10.74n/a
The 29th largest of the 184 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); 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
Madison Belmont Building
Other addresses
31 East 33rd Street; 40-46 East 34th Street; 181-183 Madison Avenue
ZIP code
10016
Building type
Office building with commercial space (city class O6)
Total floor area
233,484 SF
Commercial floor area
233,484 SF
Office
202,484 SF
Retail
26,000 SF
Height
17 floors
Average floor
About 13,700 SF (floor area divided by floors)
Year built
1925
Lot area
12,610 SF
Zoning district
C5-2
Built FAR
18.52
Max commercial FAR
10
Landmark status
Individual and interior landmark
Tax lot (BBL)
1008630060

Nearest subway

  • 33 St2 min walk · Not accessible
  • 34 St-Herald Sq6 min walk · Accessible station
  • 28 St6 min walk · Partly accessible

Nearby large buildings

All 89 large office buildings on Madison Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 the Madison Belmont Building for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2025
1
Vacant that day
0
Share vacant across Midtown South
11.9%
Share vacant along Madison Avenue
10.4%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 1
  • 2020None registered
  • 2021None registered
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1
  • 20250 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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, as the owners filed them. The 2025 filing was due June 1, 2026, 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

The Department of Finance lists 183 MADISON OWNER APF LP as the owner of record. For tax year 2026/27 the city values the Madison Belmont Building at $72.5 million and assesses it at $32.6 million. After phase-ins and exemptions its taxable value is $32.6 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 $3.54 million a year before abatements, roughly $15.16 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
183 MADISON OWNER APF LP
Tax class
Class 4 (commercial and industrial)
City market value
$72,504,000
Land market value
$17,400,000
Assessed value
$32,626,800
Estimated yearly tax
About $3.54 million
Tax per SF of floor area
About $15.16

City market value by tax year

  • 2022/23$71.7 million
  • 2023/24$76.1 million
  • 2024/25$80.5 million
  • 2025/26$81.2 million
  • 2026/27$72.5 million

Market value rose 1% from 2022/23 ($71.7 million) to 2026/27.

How Midtown South compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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.

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NYC property records (ACRIS)

Sales history

The Madison Belmont Building last sold in August 2018 for $219.9 million, according to the deed recorded with the city. 183 MADISON AVENUE, L.L.C. sold it to 183 MADISON OWNER APF LP. That comes to about $942 per square foot of floor area.

Last sale (deed date)
August 29, 2018
Price
$219,943,269
Price per SF of floor area
About $942
Seller
183 MADISON AVENUE, L.L.C.
Buyer
183 MADISON OWNER APF LP
Deed recorded
September 5, 2018
ACRIS document
2018083001059001

Recorded sales

All 32 building sales in Midtown South since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

The Madison Belmont Building reported an ENERGY STAR score of 99 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 34.9 kBtu per square foot, less than half the national median of 131.6 for a similar property. Its greenhouse gas emissions were about 843 metric tons of CO2e (3.26 kg per square foot).

ENERGY STAR score (2024)
99 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
34.9 kBtu/SF
National median for the type
131.6 kBtu/SF
Greenhouse gas emissions
843 t CO2e
Emissions per SF
3.26 kg CO2e
Floor area in the filing
258,315 SF
ENERGY STAR certified
2016, 2017, 2019

ENERGY STAR score by year

  • 202287 (A)
  • 202398 (A)
  • 202499 (A)

Energy sources in 2024

  • Fuel oil53%
  • Electricity47%

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 2026-10-16; 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, the Madison Belmont Building comes to about 714 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,958 tons for 2024 to 2029 (36% of the limit), so it would owe no penalty. From 2030 the limit drops to 684 tons and the same energy use counts as about 534 tons, still under the limit.

Period
2024 to 2029
Emissions limit
1,958 t CO2e
Estimated emissions
714 t CO2e
Under the limit by
1,244 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
684 t CO2e
Estimated emissions
534 t CO2e
Under the limit by
149 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 239,315 SF; Retail Store 19,000 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

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NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at the Madison Belmont Building. In the last two years, interior work was permitted on 2 floors (floors 5 and 18). The newest build-out, on floor 18, was first permitted in March 2026 (construction, mechanical, plumbing; filed cost estimate $256,000). A sidewalk shed permit here is active until November 29, 2026.

New jobs, last 12 months
3
Initial permits, last 12 months
3
Newest job first permitted
May 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
5 and 18
Facade and sidewalk jobs, last 24 months
2
Sidewalk shed permit
Active until Nov 29, 2026

Recent build-outs

  • Floor 18March 2026Construction, Mechanical, Plumbing; 3 jobs; est. $256,000
  • Floor 5June 2025Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $291,000

New jobs by year

  • 20216
  • 20220
  • 202312
  • 20241
  • 20258
  • 2026 to date3

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.

Landmarks Preservation Commission records

Architecture and history

The Landmarks Preservation Commission designated the Madison Belmont Building a New York City landmark on September 20, 2011. The Commission also designated part of its interior an interior landmark on September 20, 2011.

City landmark
Madison Belmont Building: individual landmark, designated September 20, 2011 (LP-02425)
City landmark
Madison Belmont Building, First Floor Interior: interior landmark, designated September 20, 2011 (LP-02426)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Designated and Calendared Buildings and Sites on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.

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Questions about Madison Belmont Building

How big is the Madison Belmont Building?

The Madison Belmont Building has about 233,000 square feet of floor area in total, including 202,000 square feet of office and 26,000 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 the Madison Belmont Building built?

City records list 1925 as the year built. The building is 17 floors tall.

Is the Madison Belmont Building a New York City landmark?

Yes. The Landmarks Preservation Commission designated the Madison Belmont Building an individual landmark on September 20, 2011 (LP-02425). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the Madison Belmont Building?

The Madison Belmont Building is at 183 Madison Avenue in Midtown South, Manhattan. City records list 31 East 33rd Street, 40-46 East 34th Street and 181-183 Madison Avenue on the same tax lot (BBL 1008630060). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 183 Madison Avenue?

183 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 Madison Belmont Building is at 183 Madison Avenue, New York, NY 10016, in Midtown South.

What is the zoning at the Madison Belmont Building?

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 18.52 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to the Madison Belmont Building?

The closest subway station to the Madison Belmont Building is 33 St (the 6 train), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 6 min walk; 28 St (the 6 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Madison Belmont Building?

The NYC Department of Finance's 2026/27 assessment roll lists 183 MADISON OWNER APF LP as the owner of record of the Madison Belmont Building (BBL 1008630060). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was the Madison Belmont Building last sold?

The Madison Belmont Building last sold in August 2018 for $219.9 million, according to the deed recorded with the city. 183 MADISON AVENUE, L.L.C. sold it to 183 MADISON OWNER APF LP. That comes to about $942 per square foot of floor area. The deed is ACRIS document 2018083001059001 (BBL 1008630060) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

What is the energy grade of the Madison Belmont Building?

The Madison Belmont Building reported an ENERGY STAR score of 99 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 99 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 34.9 kBtu per square foot, less than half the national median of 131.6 for a similar property. Its greenhouse gas emissions were about 843 metric tons of CO2e (3.26 kg per square foot).

Does the Madison Belmont Building meet Local Law 97?

At its 2024 energy use, the Madison Belmont Building comes to about 714 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,958 tons for 2024 to 2029 (36% of the limit), so it would owe no penalty. From 2030 the limit drops to 684 tons and the same energy use counts as about 534 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

Is there construction at the Madison Belmont Building?

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at the Madison Belmont Building. In the last two years, interior work was permitted on 2 floors (floors 5 and 18). The newest build-out, on floor 18, was first permitted in March 2026 (construction, mechanical, plumbing; filed cost estimate $256,000). A sidewalk shed permit here is active until November 29, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008630060. 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 the Madison Belmont Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $32.6 million for the Madison Belmont Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.54 million a year, roughly $15.16 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008630060 show the actual bill.

What is the assessed value of the Madison Belmont Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Madison Belmont Building at $72.5 million ($17.4 million of it land) and its assessed value at $32.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1% from 2022/23 ($71.7 million) to 2026/27.

Are there vacant storefronts at the Madison Belmont Building?

Owners registered one storefront at the Madison Belmont Building for December 31, 2025, 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 the Madison Belmont Building?

No space at 183 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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