Office building · Grand Central, Manhattan

330 Madison Avenue

New York, NY 10017

330 Madison Avenue is a 40-floor office building in Grand Central, Manhattan, built in 1965, with about 713,000 square feet of office space according to city records.

Also at 11-31 East 42nd Street, 16-24 East 43rd Street and 316-330 Madison Avenue.

Office space
713K SF
Floors
40
Year built
1965
Zoning
C5-3

Office space next to its nearest neighbors

  1. One Vanderbilt Avenue1 min walk1.6M SF
  2. 330 Madison AvenueThis building713K SF
  3. 340 Madison Avenue1 min walk538K SF
  4. 5 East 42nd Street1 min walk287K SF

The 16th largest of the 83 office buildings we track in Grand Central. Compare it with 6 neighbors

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Compared with its neighbors

How 330 Madison Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 330 Madison Avenue ranks 3rd of 7 by office floor area. It went up in 1965; the median neighbor dates from 1985. Its estimated property tax, about $26.57 a square foot of floor area before abatements, is above the neighbors' median of $25.14.

330 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
330 Madison AvenueThis building713K SF401965$26.57Feb 2020, $900M
5 East 42nd Street1 min walk287K SF271968$16.96Sep 2025, $135M
340 Madison Avenue1 min walk538K SF221922$26.41Mar 2025, $161M
One Vanderbilt Avenue, 51 East 42nd Street1 min walk1.6M SF602017$33.51n/a
505 Fifth Avenue1 min walk231K SF282004$24.13n/a
511 Fifth Avenue1 min walk121K SF171917$13.36n/a
300 Madison Avenue1 min walk1.1M SF362002$26.15n/a
The 16th largest of the 83 office buildings we track in Grand Central: 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

Other addresses
11-31 East 42nd Street; 16-24 East 43rd Street; 316-330 Madison Avenue
ZIP code
10017
Building type
Office building (city class O4)
Total floor area
733,001 SF
Commercial floor area
733,001 SF
Office
712,616 SF
Retail
20,375 SF
Industrial and storage
10 SF
Height
40 floors
Average floor
About 18,300 SF (floor area divided by floors)
Year built
1965
Last major alteration
2021
Lot area
33,137 SF
Zoning district
C5-3
Built FAR
22.12
Max commercial FAR
15
Tax lot (BBL)
1012770014

Nearest subway

  • Grand Central-42 St1 min walk · Accessible station
  • 5 Av3 min walk · Not accessible · connects to 42 St-Bryant Pk
  • 47-50 Sts-Rockefeller Ctr8 min walk · Accessible station

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; 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 7 storefronts at 330 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
7
Vacant that day
0
Share vacant here
0.0%
Share vacant across Grand Central
19.7%
Share vacant along Madison Avenue
10.4%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 2019None registered
  • 20200 of 4
  • 20210 of 2
  • 20220 of 3
  • 20231 of 6
  • 20240 of 7
  • 20250 of 7

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 330 MADISON ASSOCIATES LLC as the owner of record. For tax year 2026/27 the city values 330 Madison Avenue at $405.4 million and assesses it at $182.4 million. After phase-ins and exemptions its taxable value is $179.5 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 $19.5 million a year before abatements, roughly $26.57 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
330 MADISON ASSOCIATES LLC
Tax class
Class 4 (commercial and industrial)
City market value
$405,423,000
Land market value
$60,400,000
Assessed value
$182,440,350
Taxable value (phased in)
$179,547,436
Estimated yearly tax
About $19.5 million
Tax per SF of floor area
About $26.57

City market value by tax year

  • 2022/23$325.8 million
  • 2023/24$337.3 million
  • 2024/25$347.6 million
  • 2025/26$384.2 million
  • 2026/27$405.4 million

Market value rose 24% from 2022/23 ($325.8 million) to 2026/27.

How Grand Central 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

330 Madison Avenue last sold in February 2020 for $900 million, according to the deed recorded with the city. 330 MADISON PROPERTY OWNER LLC sold it to 330 MADISON ASSOCIATES LLC.

Last sale (deed date)
February 28, 2020
Price
$900,000,000
Seller
330 MADISON PROPERTY OWNER LLC
Buyer
330 MADISON ASSOCIATES LLC
Deed recorded
March 4, 2020
ACRIS document
2020030400709001
All 24 building sales in Grand Central 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.

SEC filings (EDGAR)

Companies with offices here

3 investment managers and funds give 330 Madison Avenue as their office address in SEC filings.

Investment managers and funds

Office address on their latest 13F holdings report

  • Exome Asset Management LLC13F, Aug 2026
  • HG Vora Capital Management, LLC13F, Aug 2026
  • Madryn Asset Management, LP13F, Aug 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

330 Madison Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the meter entries have gaps or overlaps), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Office
Floor area in the filing
806,272 SF
ENERGY STAR certified
2008, 2013, 2015, 2016, 2017, 2018, 2020, 2022, 2023, 2024

ENERGY STAR score by year

  • 202283 (B)
  • 202383 (B)

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.

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 8 jobs at 330 Madison Avenue. In the last two years, interior work was permitted on 13 floors (floors 1, 2, 4 to 7, 12, 13, 18 to 20, 23 and 33, the cellar and the ground floor). The newest build-out, on floors 19 and 20, was first permitted in September 2026 (construction, mechanical, sprinklers, standpipe, structural; filed cost estimate $11 million). A sidewalk shed permit here is active until November 8, 2026.

New jobs, last 12 months
8
Initial permits, last 12 months
23
Newest job first permitted
September 2026
Interior build-outs, last 24 months
13
Floors with interior work, last 24 months
1, 2, 4 to 7, 12, 13, 18 to 20, 23 and 33, cellar, ground floor
Facade and sidewalk jobs, last 24 months
1
Sidewalk shed permit
Active until Nov 8, 2026

Recent build-outs

  • Floors 19 and 20September 2026Construction, Mechanical, Sprinklers, Standpipe, Structural; est. $11 million
  • Floors 7 and 18September 2026Construction, Mechanical, Sprinklers, Standpipe; est. $15 million
  • Floor 2September 2026Construction, Mechanical, Sprinklers, Standpipe, Structural; est. $4.4 million
  • Floor 6August 2026Construction; est. $330,000
  • Floor 1, ground floorMay 2026Construction; est. $730,000
  • Floor 1December 2025Mechanical; est. $134,000; signed off

The newest 6 of 13 in the last 24 months.

New jobs by year

  • 202120
  • 202227
  • 202311
  • 202412
  • 20257
  • 2026 to date6

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.

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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 330 Madison Avenue

How big is 330 Madison Avenue?

330 Madison Avenue has about 733,000 square feet of floor area in total, including 713,000 square feet of office, 20,000 square feet of retail and 0 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 330 Madison Avenue built?

City records list 1965 as the year built, with a major alteration recorded in 2021. The building is 40 floors tall.

What other addresses does 330 Madison Avenue have?

City records list 11-31 East 42nd Street, 16-24 East 43rd Street and 316-330 Madison Avenue on the same tax lot (BBL 1012770014) as 330 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 330 Madison Avenue?

330 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 330 Madison Avenue, New York, NY 10017, in Grand Central.

What is the zoning at 330 Madison Avenue?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 22.12 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 330 Madison Avenue?

The closest subway station to 330 Madison Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 200 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; 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 330 Madison Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 330 MADISON ASSOCIATES LLC as the owner of record of 330 Madison Avenue (BBL 1012770014). 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.

Who are the tenants at 330 Madison Avenue?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 330 Madison Avenue. 3 investment managers and funds file 13F holdings reports from the address: Exome Asset Management LLC; HG Vora Capital Management, LLC; and Madryn Asset 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.

When was 330 Madison Avenue last sold?

330 Madison Avenue last sold in February 2020 for $900 million, according to the deed recorded with the city. 330 MADISON PROPERTY OWNER LLC sold it to 330 MADISON ASSOCIATES LLC. The deed is ACRIS document 2020030400709001 (BBL 1012770014) 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.

Does 330 Madison Avenue have an energy grade?

330 Madison Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the meter entries have gaps or overlaps), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.

Is there construction at 330 Madison Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 8 jobs at 330 Madison Avenue. In the last two years, interior work was permitted on 13 floors (floors 1, 2, 4 to 7, 12, 13, 18 to 20, 23 and 33, the cellar and the ground floor). The newest build-out, on floors 19 and 20, was first permitted in September 2026 (construction, mechanical, sprinklers, standpipe, structural; filed cost estimate $11 million). A sidewalk shed permit here is active until November 8, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012770014. 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 330 Madison Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $179.5 million for 330 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 $19.5 million a year, roughly $26.57 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012770014 show the actual bill.

What is the assessed value of 330 Madison Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 330 Madison Avenue at $405.4 million ($60.4 million of it land) and its assessed value at $182.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 24% from 2022/23 ($325.8 million) to 2026/27.

Are there vacant storefronts at 330 Madison Avenue?

Owners registered 7 storefronts at 330 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and none stood 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 330 Madison Avenue?

No space at 330 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.

2,723 buildings from city records

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