295 Madison Avenue

295 Madison Avenue has about 301,000 square feet of floor area in total, including 289,000 square feet of office and 12,000 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 1929 as the year built. The building is 45 floors tall.

City records list 32-48 East 41st Street and 295-297 Madison Avenue on the same tax lot (BBL 1012750050) as 295 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

295 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 295 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 21.94 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 295 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), 4 min walk; 33 St (the 6 train), 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 295 MADISON PROPERTY OWNER LLC as the owner of record of 295 Madison Avenue (BBL 1012750050). 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 295 Madison Avenue. One public company reports the address as its principal executive office: INNOVATE CORP. (VATE). One investment manager files 13F holdings reports from the address: Heights Point Management, 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.

295 Madison Avenue last sold in August 2013 for $212.7 million, according to the deed recorded with the city. WBM 295 MADISON OWNER LLC sold it to 295 MADISON PROPERTY OWNER LLC and TAHOR 26 OWNER LLC. That comes to about $706 per square foot of floor area. The deed is ACRIS document 2013090501409001 (BBL 1012750050) 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.

295 Madison Avenue reported an ENERGY STAR score of 93 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 93 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 36 kBtu per square foot, less than half the national median of 85.3 for a similar property. Its greenhouse gas emissions were about 1,064 metric tons of CO2e (3.53 kg per square foot).

At its 2024 energy use, 295 Madison Avenue comes to about 772 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,283 tons for 2024 to 2029 (34% of the limit), so it would owe no penalty. From 2030 the limit drops to 810 tons and the same energy use counts as about 466 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 295 Madison Avenue. In the last two years, interior work was permitted on 3 floors (floors 1, 27 and 28 and the ground floor). The newest build-out, on floors 27 and 28, was first permitted in June 2026 (construction; filed cost estimate $1.2 million). A sidewalk shed permit here is active until December 27, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012750050. 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 $43.5 million for 295 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 $4.72 million a year, roughly $15.67 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012750050 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 295 Madison Avenue at $98.6 million ($13.7 million of it land) and its assessed value at $44.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5% from 2022/23 ($93.7 million) to 2026/27.

Owners registered 5 storefronts at 295 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

No space at 295 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.