Office building with commercial space · Midtown South, Manhattan

185 Madison Avenue

New York, NY 10016

185 Madison Avenue is a 16-floor office building with commercial space in Midtown South, Manhattan, built in 1911, with about 75,000 square feet of office space according to city records.

Also at 41 East 34th Street and 185-187 Madison Avenue.

Office space
75K SF
Floors
16
Year built
1911
Zoning
C5-2

The 111th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors

No space at 185 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.

Get an alert

Email me when space at 185 Madison Avenue is listed

No account needed. One email to confirm, then only when a matching space is posted. Stop any time in one click. Privacy

Compared with its neighbors

How 185 Madison Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 185 Madison Avenue is the smallest by office floor area. Built in 1911, it is the oldest of them. Its estimated property tax, about $11.46 a square foot of floor area before abatements, is below the neighbors' median of $12.34.

185 Madison Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
185 Madison AvenueThis building75K SF161911$11.46n/a
Madison Belmont Building, 183 Madison Avenue1 min walk202K SF171925$15.16Aug 2018, $220M
178 Madison Avenue1 min walk218K SF241927$22.04Jul 2008, $146M
169 Madison Avenue1 min walk106K SF161926$13.24n/a
33 East 33rd Street1 min walk115K SF121914$11.44n/a
355 Fifth Avenue1 min walk118K SF131913$3.80n/a
15 East 33rd Street1 min walk327K SF211925$10.74n/a
The 111th 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); 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 addresses
41 East 34th Street; 185-187 Madison Avenue
ZIP code
10016
Building type
Office building with commercial space (city class O6)
Total floor area
79,961 SF
Commercial floor area
79,961 SF
Office
74,964 SF
Retail
4,997 SF
Height
16 floors
Average floor
About 5,000 SF (floor area divided by floors)
Year built
1911
Last major alteration
2013
Lot area
4,941 SF
Zoning district
C5-2
Built FAR
16.18
Max commercial FAR
10
Tax lot (BBL)
1008640025

Nearest subway

  • 33 St2 min walk · Not accessible
  • 34 St-Herald Sq6 min walk · Accessible station
  • 28 St7 min walk · Partly 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 185 Madison Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. A year earlier, 1 of 1 stood vacant.

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%

Vacant on December 31, by year

  • 20190 of 1
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20231 of 1
  • 20240 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 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, 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

The Department of Finance lists 185 MADISON AVENUE as the owner of record. For tax year 2026/27 the city values 185 Madison Avenue at $20.8 million and assesses it at $9.37 million. After phase-ins and exemptions its taxable value is $8.45 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 $916,618 a year before abatements, roughly $11.46 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
185 MADISON AVENUE
Tax class
Class 4 (commercial and industrial)
City market value
$20,822,000
Land market value
$9,000,000
Assessed value
$9,369,900
Taxable value (phased in)
$8,449,650
Estimated yearly tax
About $916,618
Tax per SF of floor area
About $11.46

City market value by tax year

  • 2022/23$16.9 million
  • 2023/24$18.4 million
  • 2024/25$18.5 million
  • 2025/26$19.3 million
  • 2026/27$20.8 million

Market value rose 23% from 2022/23 ($16.9 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

185 Madison Avenue reported an ENERGY STAR score of 76 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 58.6 kBtu per square foot, 33% below the national median of 86.9 for a similar property. Its greenhouse gas emissions were about 457 metric tons of CO2e (5.19 kg per square foot).

ENERGY STAR score (2024)
76 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
58.6 kBtu/SF
National median for the type
86.9 kBtu/SF
Greenhouse gas emissions
457 t CO2e
Emissions per SF
5.19 kg CO2e
Floor area in the filing
88,000 SF

ENERGY STAR score by year

  • 202273 (B)
  • 202376 (B)
  • 202476 (B)

Energy sources in 2024

  • District steam54%
  • Electricity46%

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 1 job at 185 Madison Avenue. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in July 2026 (construction, plumbing, sprinklers; filed cost estimate $232,000). A sidewalk shed permit here is active until January 12, 2027.

New jobs, last 12 months
1
Initial permits, last 12 months
3
Newest job first permitted
July 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
2
Facade and sidewalk jobs, last 24 months
2
Sidewalk shed permit
Active until Jan 12, 2027

Recent build-outs

  • Floor 2July 2026Construction, Plumbing, Sprinklers; est. $232,000

New jobs by year

  • 20211
  • 20221
  • 20230
  • 20242
  • 20252
  • 2026 to date1

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 185 Madison Avenue and we match it against every new one automatically.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 185 Madison Avenue

How big is 185 Madison Avenue?

185 Madison Avenue has about 80,000 square feet of floor area in total, including 75,000 square feet of office and 5,000 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 185 Madison Avenue built?

City records list 1911 as the year built, with a major alteration recorded in 2013. The building is 16 floors tall.

What other addresses does 185 Madison Avenue have?

City records list 41 East 34th Street and 185-187 Madison Avenue on the same tax lot (BBL 1008640025) as 185 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 185 Madison Avenue?

185 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 185 Madison Avenue, New York, NY 10016, in Midtown South.

What is the zoning at 185 Madison Avenue?

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 16.18 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 185 Madison Avenue?

The closest subway station to 185 Madison Avenue is 33 St (the 6 train), about 650 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), 7 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 185 Madison Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 185 MADISON AVENUE as the owner of record of 185 Madison Avenue (BBL 1008640025). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 185 Madison Avenue?

185 Madison Avenue reported an ENERGY STAR score of 76 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 76 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 58.6 kBtu per square foot, 33% below the national median of 86.9 for a similar property. Its greenhouse gas emissions were about 457 metric tons of CO2e (5.19 kg per square foot).

Is there construction at 185 Madison Avenue?

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 185 Madison Avenue. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in July 2026 (construction, plumbing, sprinklers; filed cost estimate $232,000). A sidewalk shed permit here is active until January 12, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1008640025. 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 185 Madison Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.45 million for 185 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 $916,618 a year, roughly $11.46 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008640025 show the actual bill.

What is the assessed value of 185 Madison Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 185 Madison Avenue at $20.8 million ($9 million of it land) and its assessed value at $9.37 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($16.9 million) to 2026/27.

Are there vacant storefronts at 185 Madison Avenue?

Owners registered one storefront at 185 Madison Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. A year earlier, 1 of 1 stood vacant. 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 185 Madison Avenue?

No space at 185 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

Look up another building

Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.