Want · Office
Law firm relocation near Grand Central
Posted by a tenant rep broker · Legal
- Where
- Grand Central, Midtown
- Size
- 7,000 to 10,000 SF
- Budget
- to $110/SF
- Move in
- May 2027
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Office building with commercial space · Midtown, Manhattan
410 Madison Avenue
New York, NY 10017
410 Madison Avenue is a 7-floor office building with commercial space in Midtown, Manhattan, built in 1964, with about 52,000 square feet of office space according to city records.
Also at 21-27 East 48th Street and 410-416 Madison Avenue.
- Office space
- 52K SF
- Floors
- 7
- Year built
- 1964
- Zoning
- C5-3
The 309th largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors
No space at 410 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.
Compared with its neighbors
How 410 Madison Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 410 Madison Avenue is the smallest by office floor area. It went up in 1964; the median neighbor dates from 1927. Its estimated property tax, about $11.79 a square foot of floor area before abatements, is below the neighbors' median of $16.76.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 410 Madison Avenue | 52K SF | 7 | 1964 | $11.79 | Jun 2020, $115M |
| 424 Madison Avenue | 60K SF | 15 | 1926 | $14.56 | Nov 2006, $31M |
| 18 East 48th Street | 109K SF | 22 | 1928 | $16.62 | n/a |
| Tower 49, 7 East 48th Street | 654K SF | 45 | 1984 | $16.91 | n/a |
| 400 Madison Avenue | 138K SF | 20 | 1929 | $21.28 | Oct 2018, $195M |
| 425 Madison Avenue | 98K SF | 19 | 1927 | $8.58 | n/a |
| 609 Fifth Avenue | 98K SF | 14 | 1925 | $37.20 | n/a |
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
- 21-27 East 48th Street; 410-416 Madison Avenue
- ZIP code
- 10017
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 58,395 SF
- Commercial floor area
- 58,395 SF
- Office
- 51,555 SF
- Retail
- 6,840 SF
- Height
- 7 floors
- Average floor
- About 8,300 SF (floor area divided by floors)
- Year built
- 1964
- Last major alteration
- 1985
- Lot area
- 7,164 SF
- Zoning district
- C5-3
- Built FAR
- 8.15
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1012840014
Nearest subway
- 5 Av/53 St
- 51 St
- 47-50 Sts-Rockefeller Ctr
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 2 storefronts at 410 Madison Avenue for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2024
- 2
- Vacant that day
- 0
- Share vacant across Midtown
- 14.0%
- Share vacant along Madison Avenue
- 11.2%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Midtown? Get matchedStorefront vacancy across New York City
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 JPMORGAN CHASE BANK, N.A. as the owner of record. For tax year 2026/27 the city values 410 Madison Avenue at $14.1 million and assesses it at $6.35 million. After phase-ins and exemptions its taxable value is $6.35 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 $688,647 a year before abatements, roughly $11.79 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
- JPMORGAN CHASE BANK, N.A.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $14,107,000
- Land market value
- $6,880,000
- Assessed value
- $6,348,150
- Estimated yearly tax
- About $688,647
- Tax per SF of floor area
- About $11.79
City market value by tax year
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 property records (ACRIS)
Sales history
410 Madison Avenue last sold in June 2020 for $115 million, according to the deed recorded with the city. BANK OF CHINA sold it to JPMORGAN CHASE BANK, N.A.. That comes to about $1,969 per square foot of floor area.
- Last sale (deed date)
- June 17, 2020
- Price
- $115,000,000
- Price per SF of floor area
- About $1,969
- Seller
- BANK OF CHINA
- Buyer
- JPMORGAN CHASE BANK, N.A.
- Deed recorded
- June 26, 2020
- ACRIS document
- 2020062300367001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; 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 Department of Buildings permits
Work permits and build-outs
In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 410 Madison Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 and 7 to 9). The newest build-out, on floor 1, was first permitted in February 2026 (construction; filed cost estimate $575,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 2
- Newest job first permitted
- February 2026
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 1 and 7 to 9
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
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
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 yet. These labeled examples show what tenants post. List a space in 410 Madison Avenue and we match it against every new one automatically.
Want · Office
Hedge fund, Hudson Yards or Plaza
Posted by a tenant rep broker · Finance
- Where
- Hudson Yards, Midtown
- Size
- 15,000 to 22,000 SF
- Budget
- to $140/SF
- Move in
- Jul 2027
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Questions about 410 Madison Avenue
How big is 410 Madison Avenue?
410 Madison Avenue has about 58,000 square feet of floor area in total, including 52,000 square feet of office and 7,000 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 410 Madison Avenue built?
City records list 1964 as the year built, with a major alteration recorded in 1985. The building is 7 floors tall.
What other addresses does 410 Madison Avenue have?
City records list 21-27 East 48th Street and 410-416 Madison Avenue on the same tax lot (BBL 1012840014) as 410 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 410 Madison Avenue?
410 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 410 Madison Avenue, New York, NY 10017, in Midtown.
What is the zoning at 410 Madison Avenue?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 8.15 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 410 Madison Avenue?
The closest subway station to 410 Madison Avenue is 5 Av/53 St (the E and F trains), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 5 min walk; 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 410 Madison Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists JPMORGAN CHASE BANK, N.A. as the owner of record of 410 Madison Avenue (BBL 1012840014). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 410 Madison Avenue last sold?
410 Madison Avenue last sold in June 2020 for $115 million, according to the deed recorded with the city. BANK OF CHINA sold it to JPMORGAN CHASE BANK, N.A.. That comes to about $1,969 per square foot of floor area. The deed is ACRIS document 2020062300367001 (BBL 1012840014) 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.
Is there construction at 410 Madison Avenue?
In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 410 Madison Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 and 7 to 9). The newest build-out, on floor 1, was first permitted in February 2026 (construction; filed cost estimate $575,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012840014. 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 410 Madison Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.35 million for 410 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 $688,647 a year, roughly $11.79 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012840014 show the actual bill.
What is the assessed value of 410 Madison Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 410 Madison Avenue at $14.1 million ($6.88 million of it land) and its assessed value at $6.35 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 17% from 2022/23 ($17 million) to 2026/27.
Are there vacant storefronts at 410 Madison Avenue?
Owners registered 2 storefronts at 410 Madison Avenue for December 31, 2024, 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 410 Madison Avenue?
No space at 410 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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