292 Madison Avenue

292 Madison Avenue has about 170,000 square feet of floor area in total, including 164,000 square feet of office and 6,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1923 as the year built, with a major alteration recorded in 1990. The building is 24 floors tall.

City records list 26-28 East 41st Street and 292-298 Madison Avenue on the same tax lot (BBL 1012750059) as 292 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

292 Madison Avenue is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 292 Madison Avenue, New York, NY 10017, in Grand Central.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 18.4 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 292 Madison Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 350 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 3 min walk; Times Sq-42 St (the 1, 2, 3, 7, N, Q, R, W, S, A, C and E trains, connected to 42 St-Port Authority Bus Terminal), 8 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 292 MADISON INVESTOR LLC as the owner of record of 292 Madison Avenue (BBL 1012750059). 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.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 292 Madison Avenue. One public company reports the address as its principal executive office: GETTY REALTY CORP (GTY). One investment manager files 13F holdings reports from the address: GREYCROFT LP. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

292 Madison Avenue last sold in October 2024 for $90.5 million, according to the deed recorded with the city. 292 MADISON NY LLC sold it to 292 MADISON INVESTOR LLC. That comes to about $532 per square foot of floor area. The deed is ACRIS document 2024110401068003 (BBL 1012750059) 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.

292 Madison Avenue reported an ENERGY STAR score of 79 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 79 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 65.6 kBtu per square foot, 37% below the national median of 103.6 for a similar property. Its greenhouse gas emissions were about 910 metric tons of CO2e (5.35 kg per square foot).

At its 2024 energy use, 292 Madison Avenue comes to about 755 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,290 tons for 2024 to 2029 (59% of the limit), so it would owe no penalty. From 2030 the limit drops to 458 tons and the same energy use counts as about 539 tons, about 81 tons over, or an estimated $22,000 a year unless the building cuts its emissions. 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 6 jobs at 292 Madison Avenue. In the last two years, interior work was permitted on 5 floors (floors 3 to 6 and 22). The newest build-out, on floor 3, was first permitted in March 2026 (construction; filed cost estimate $261,000). A sidewalk shed permit here is active until December 9, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012750059. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $32.3 million for 292 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 $3.5 million a year, roughly $20.58 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012750059 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 292 Madison Avenue at $73.1 million ($12.3 million of it land) and its assessed value at $32.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 7% from 2022/23 ($78.3 million) to 2026/27.

No space at 292 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.