Office building · Midtown, Manhattan

512 Madison Avenue

New York, NY 10022

512 Madison Avenue is a 43-floor office building in Midtown, Manhattan, built in 1982, with about 992,000 square feet of office space according to city records.

Also at 11-27 East 53rd Street, 10-20 East 54th Street, 24-30 East 54th Street and 520 Madison Avenue.

Office space
992K SF
Floors
43
Year built
1982
Zoning
C5-3

Office space next to its nearest neighbors

  1. 512 Madison AvenueThis building992K SF
  2. 510 Madison Avenue1 min walk283K SF
  3. 3 East 54th Street1 min walk207K SF
  4. 681 Fifth Avenue1 min walk37K SF

The 30th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 512 Madison Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 512 Madison Avenue is the largest by office floor area. It went up in 1982; the median neighbor dates from 1963. Its estimated property tax, about $30.26 a square foot of floor area before abatements, is above the neighbors' median of $24.29.

512 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
512 Madison AvenueThis building992K SF431982$30.26n/a
510 Madison Avenue1 min walk283K SF302007$41.09n/a
3 East 54th Street1 min walk207K SF191955$14.06Jan 2026, $141M
681 Fifth Avenue1 min walk37K SF121913$96.55Dec 2005, $86M
527 Madison Avenue1 min walk183K SF251985$26.75Sep 2008, $225M
10 East 53rd Street1 min walk361K SF381971$21.82Aug 2026, $310M
DuMont Building, 515 Madison Avenue1 min walk323K SF421931$11.13n/a
The 30th largest of the 351 office buildings we track in Midtown: 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
11-27 East 53rd Street; 10-20 East 54th Street; 24-30 East 54th Street; 520 Madison Avenue
ZIP code
10022
Building type
Office building (city class O4)
Total floor area
1,015,287 SF
Commercial floor area
1,015,287 SF
Office
992,355 SF
Retail
22,912 SF
Industrial and storage
10 SF
Height
43 floors
Average floor
About 23,600 SF (floor area divided by floors)
Year built
1982
Lot area
43,532 SF
Zoning district
C5-3
Built FAR
23.32
Max commercial FAR
15
Tax lot (BBL)
1012890014

Nearest subway

  • 5 Av/53 St1 min walk · Not accessible
  • 51 St5 min walk · Accessible station · connects to Lexington Av/53 St
  • 57 St6 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 13 storefronts at 512 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020.

Storefronts registered for December 31, 2025
13
Vacant that day
3
Share vacant here
23.1%
Share vacant across Midtown
14.3%
Share vacant along Madison Avenue
10.4%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 13
  • 20204 of 13
  • 20211 of 13
  • 20224 of 13
  • 20234 of 13
  • 20242 of 13
  • 20253 of 13

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 512 Madison Avenue? Listing it is free, and it is matched against every active requirement for retail space in Midtown the day it goes up.

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 520 MADISON OWNERS, L.L.C. as the owner of record. For tax year 2026/27 the city values 512 Madison Avenue at $647.8 million and assesses it at $291.5 million. After phase-ins and exemptions its taxable value is $283.2 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 $30.7 million a year before abatements, roughly $30.26 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
520 MADISON OWNERS, L.L.C.
Tax class
Class 4 (commercial and industrial)
City market value
$647,788,000
Land market value
$85,500,000
Assessed value
$291,504,600
Taxable value (phased in)
$283,191,540
Estimated yearly tax
About $30.7 million
Tax per SF of floor area
About $30.26

City market value by tax year

  • 2022/23$603.4 million
  • 2023/24$618.4 million
  • 2024/25$635.8 million
  • 2025/26$641.2 million
  • 2026/27$647.8 million

Market value rose 7% from 2022/23 ($603.4 million) to 2026/27.

How Midtown 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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SEC filings (EDGAR)

Companies with offices here

3 public companies and 17 investment managers and funds give 512 Madison Avenue as their office address in SEC filings.

Public companies

Principal executive office on their latest 10-K or 10-Q

  • JEFFERIES FINANCIAL GROUP INC. (JEF)10-Q, Jul 2026
  • JEFFERIES CREDIT PARTNERS BDC INC.10-Q, Aug 2026
  • SENIOR CREDIT INVESTMENTS, LLC10-Q, Aug 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • Birnam Oak Advisors, LP13F, Aug 2026
  • ELEMENT CAPITAL MANAGEMENT LLC13F, Aug 2026
  • FOURSIXTHREE CAPITAL LP13F, Aug 2026
  • GLENVIEW CAPITAL MANAGEMENT, LLC13F, Aug 2026
  • Hook Mill Capital Partners, LP13F, Aug 2026
  • Jefferies Capital Services, LLC13F, Aug 2026
  • Kirkoswald Asset Management LLC13F, Aug 2026
  • Leucadia Asset Management LLC13F, Aug 2026
  • MANE GLOBAL CAPITAL MANAGEMENT LP13F, Aug 2026
  • RENAISSANCE TECHNOLOGIES LLC13F, Aug 2026
Show all 17
  • Rivermont Capital Management LP13F, Aug 2026
  • STEMPOINT CAPITAL LP13F, Aug 2026
  • TRANSATLANTIQUE PRIVATE WEALTH LLC13F, Jul 2026
  • Varde Management, L.P.13F, Aug 2026
  • Jefferies Financial Services, Inc.13F, Aug 2026
  • Jefferies Investment Advisers LLC13F, Aug 2026
  • JEFFERIES LLC13F, 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 score, grade and emissions

512 Madison Avenue reported an ENERGY STAR score of 77 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 81.8 kBtu per square foot, 34% below the national median of 124 for a similar property. Its greenhouse gas emissions were about 8,643 metric tons of CO2e (8.25 kg per square foot).

ENERGY STAR score (2024)
77 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Financial Office
Site energy use intensity
81.8 kBtu/SF
National median for the type
124 kBtu/SF
Greenhouse gas emissions
8,643 t CO2e
Emissions per SF
8.25 kg CO2e
Floor area in the filing
1,047,777 SF
ENERGY STAR certified
2007, 2008, 2010, 2013, 2020, 2021, 2022, 2023, 2024

ENERGY STAR score by year

  • 202282 (B)
  • 202378 (B)
  • 202477 (B)

Energy sources in 2024

  • Electricity71%
  • District steam27%
  • Natural gas1%

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 2026-10-16; 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 512 Madison Avenue comes to about 6,286 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,842 tons for 2024 to 2029 (71% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,820 tons and the same energy use counts as about 3,672 tons, still under the limit.

Period
2024 to 2029
Emissions limit
8,842 t CO2e
Estimated emissions
6,286 t CO2e
Under the limit by
2,556 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
3,820 t CO2e
Estimated emissions
3,672 t CO2e
Under the limit by
147 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Restaurant 5,399 SF; Office 29,711 SF; Financial Office 996,334 SF; Retail Store 16,333 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 512 Madison Avenue? List a space here free and we match it against every active requirement.

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 512 Madison Avenue. In the last two years, interior work was permitted on 20 floors (floors 1, 3 to 5, 9, 10, 18, 19, 24 to 32, 36, 37 and 41, the cellar and the mezzanine). The newest build-out, on floor 18, was first permitted in September 2026 (construction, mechanical, sprinklers; filed cost estimate $68,000).

New jobs, last 12 months
8
Initial permits, last 12 months
32
Newest job first permitted
September 2026
Interior build-outs, last 24 months
16
Floors with interior work, last 24 months
1, 3 to 5, 9, 10, 18, 19, 24 to 32, 36, 37 and 41, cellar, mezzanine
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 18September 2026Construction, Mechanical, Sprinklers; est. $68,000
  • Floor 1, cellar, mezzanineJune 2026Construction, Mechanical, Plumbing; est. $375,000
  • Floors 36 and 37June 2026Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $697,000
  • Floors 4, 5, 9, 10, 19, 28 and 29May 2026Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $5.5 million
  • Floor 25April 2026Construction; est. $121,000
  • Floors 26 and 27January 2026Construction, Mechanical, Plumbing, Sprinklers; 2 jobs; est. $5.5 million

The newest 6 of 16 in the last 24 months.

New jobs by year

  • 202124
  • 202212
  • 20233
  • 202419
  • 202513
  • 2026 to date7

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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Questions about 512 Madison Avenue

How big is 512 Madison Avenue?

512 Madison Avenue has about 1 million square feet of floor area in total, including 992,000 square feet of office, 23,000 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 512 Madison Avenue built?

City records list 1982 as the year built. The building is 43 floors tall.

What other addresses does 512 Madison Avenue have?

City records list 11-27 East 53rd Street, 10-20 East 54th Street, 24-30 East 54th Street and 520 Madison Avenue on the same tax lot (BBL 1012890014) as 512 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 512 Madison Avenue?

512 Madison Avenue is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 512 Madison Avenue, New York, NY 10022, in Midtown.

What is the zoning at 512 Madison Avenue?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 23.32 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 512 Madison Avenue?

The closest subway station to 512 Madison Avenue is 5 Av/53 St (the E and F trains), about 200 feet away in a straight line, roughly 1 minute on foot. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 5 min walk; 57 St (the M train), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 512 Madison Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 520 MADISON OWNERS, L.L.C. as the owner of record of 512 Madison Avenue (BBL 1012890014). 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 512 Madison Avenue?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 512 Madison Avenue. 3 public companies report the address as their principal executive office: JEFFERIES FINANCIAL GROUP INC. (JEF); JEFFERIES CREDIT PARTNERS BDC INC.; and SENIOR CREDIT INVESTMENTS, LLC. 17 investment managers and funds file 13F holdings reports from the address, including Birnam Oak Advisors, LP; ELEMENT CAPITAL MANAGEMENT LLC; and FOURSIXTHREE CAPITAL 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.

What is the energy grade of 512 Madison Avenue?

512 Madison Avenue reported an ENERGY STAR score of 77 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 77 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 81.8 kBtu per square foot, 34% below the national median of 124 for a similar property. Its greenhouse gas emissions were about 8,643 metric tons of CO2e (8.25 kg per square foot).

Does 512 Madison Avenue meet Local Law 97?

At its 2024 energy use, 512 Madison Avenue comes to about 6,286 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,842 tons for 2024 to 2029 (71% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,820 tons and the same energy use counts as about 3,672 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.

Is there construction at 512 Madison Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 8 jobs at 512 Madison Avenue. In the last two years, interior work was permitted on 20 floors (floors 1, 3 to 5, 9, 10, 18, 19, 24 to 32, 36, 37 and 41, the cellar and the mezzanine). The newest build-out, on floor 18, was first permitted in September 2026 (construction, mechanical, sprinklers; filed cost estimate $68,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012890014. 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 512 Madison Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $283.2 million for 512 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 $30.7 million a year, roughly $30.26 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012890014 show the actual bill.

What is the assessed value of 512 Madison Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 512 Madison Avenue at $647.8 million ($85.5 million of it land) and its assessed value at $291.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($603.4 million) to 2026/27.

Are there vacant storefronts at 512 Madison Avenue?

Owners registered 13 storefronts at 512 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and 3 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.

Is there office space for lease at 512 Madison Avenue?

No space at 512 Madison Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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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