Office building with commercial space · Midtown South, Manhattan
63 Madison Avenue
New York, NY 10016
63 Madison Avenue is a 15-floor office building with commercial space in Midtown South, Manhattan, built in 1962, with about 601,000 square feet of office space according to city records.
Also at 25-43 East 27th Street, 24-40 East 28th Street and 63-77 Madison Avenue.
- Office space
- 601K SF
- Floors
- 15
- Year built
- 1962
- Zoning
- C5-3
The 4th largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors
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Compared with its neighbors
How 63 Madison Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 63 Madison Avenue ranks 2nd of 7 by office floor area. Built in 1962, it is the newest of them. Its estimated property tax, about $15.87 a square foot of floor area before abatements, is above the neighbors' median of $12.54.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 63 Madison Avenue | 601K SF | 15 | 1962 | $15.87 | n/a |
| 386 Park Avenue South | 225K SF | 20 | 1927 | $17.71 | Jan 2015, $202M |
| 79 Madison Avenue | 205K SF | 16 | 1925 | $16.26 | n/a |
| 72 Madison Avenue | 54K SF | 12 | 1911 | $12.52 | n/a |
| New York Life Insurance Company Building, 380 Park Avenue South | 1.0M SF | 34 | 1928 | $12.55 | n/a |
| Emmet Building, 89 Madison Avenue | 137K SF | 16 | 1912 | $10.82 | Jun 2024, $65M |
| 38 East 29th Street | 62K SF | 10 | 1919 | $11.87 | 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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 25-43 East 27th Street; 24-40 East 28th Street; 63-77 Madison Avenue
- ZIP code
- 10016
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 702,793 SF
- Commercial floor area
- 702,793 SF
- Office
- 600,580 SF
- Retail
- 102,213 SF
- Height
- 15 floors
- Average floor
- About 46,900 SF (floor area divided by floors)
- Year built
- 1962
- Last major alteration
- 2019
- Lot area
- 54,341 SF
- Zoning district
- C5-3
- Built FAR
- 12.93
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1008570024
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 5 storefronts at 63 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and 2 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
- 5
- Vacant that day
- 2
- Share vacant here
- 40.0%
- Share vacant across Midtown South
- 11.9%
- Share vacant along Madison Avenue
- 10.4%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 63 Madison Avenue? Listing it is free, and it is matched against every active requirement for retail space in Midtown South 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 63 MADISON OWNER LLC as the owner of record. For tax year 2026/27 the city values 63 Madison Avenue at $228.5 million and assesses it at $102.8 million. After phase-ins and exemptions its taxable value is $102.8 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 $11.2 million a year before abatements, roughly $15.87 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
- 63 MADISON OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $228,539,000
- Land market value
- $66,300,000
- Assessed value
- $102,842,550
- Estimated yearly tax
- About $11.2 million
- Tax per SF of floor area
- About $15.87
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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.
Own or manage 63 Madison Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
63 Madison Avenue reported an ENERGY STAR score of 67 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 101.7 kBtu per square foot, 20% below the national median of 127.7 for a similar property. Its greenhouse gas emissions were about 6,110 metric tons of CO2e (8.39 kg per square foot).
- ENERGY STAR score (2024)
- 67 of 100
- Grade this score earns (Local Law 33)
- C (55 to 69)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 101.7 kBtu/SF
- National median for the type
- 127.7 kBtu/SF
- Greenhouse gas emissions
- 6,110 t CO2e
- Emissions per SF
- 8.39 kg CO2e
- Floor area in the filing
- 786,069 SF
ENERGY STAR score by year
Energy sources in 2024
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.
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 4 jobs at 63 Madison Avenue. In the last two years, interior work was permitted on 9 floors (floors 1, 5 to 11 and 14, the cellar and the sub-cellar). The newest build-out, on floor 1, was first permitted in January 2026 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $586,000).
- New jobs, last 12 months
- 4
- Initial permits, last 12 months
- 16
- Newest job first permitted
- January 2026
- Interior build-outs, last 24 months
- 11
- Floors with interior work, last 24 months
- 1, 5 to 11 and 14, cellar, sub-cellar
- Facade and sidewalk jobs, last 24 months
- 2
Recent build-outs
New jobs by year
Build-outs across Midtown SouthWhere NYC offices are being built out
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.
No office space listed in Midtown South yet
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Before you sign
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Questions about 63 Madison Avenue
How big is 63 Madison Avenue?
63 Madison Avenue has about 703,000 square feet of floor area in total, including 601,000 square feet of office and 102,000 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 63 Madison Avenue built?
City records list 1962 as the year built, with a major alteration recorded in 2019. The building is 15 floors tall.
What other addresses does 63 Madison Avenue have?
City records list 25-43 East 27th Street, 24-40 East 28th Street and 63-77 Madison Avenue on the same tax lot (BBL 1008570024) as 63 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 63 Madison Avenue?
63 Madison Avenue is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 63 Madison Avenue, New York, NY 10016, in Midtown South.
What is the zoning at 63 Madison Avenue?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.93 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 63 Madison Avenue?
The closest subway station to 63 Madison Avenue is 28 St (the 6 train), about 350 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as partly accessible. Also nearby: 28 St (the R and W trains), 4 min walk; 33 St (the 6 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 63 Madison Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 63 MADISON OWNER LLC as the owner of record of 63 Madison Avenue (BBL 1008570024). 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.
What is the energy grade of 63 Madison Avenue?
63 Madison Avenue reported an ENERGY STAR score of 67 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 67 earns a C. 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 101.7 kBtu per square foot, 20% below the national median of 127.7 for a similar property. Its greenhouse gas emissions were about 6,110 metric tons of CO2e (8.39 kg per square foot).
Is there construction at 63 Madison Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 63 Madison Avenue. In the last two years, interior work was permitted on 9 floors (floors 1, 5 to 11 and 14, the cellar and the sub-cellar). The newest build-out, on floor 1, was first permitted in January 2026 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $586,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008570024. 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 63 Madison Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $102.8 million for 63 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 $11.2 million a year, roughly $15.87 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008570024 show the actual bill.
What is the assessed value of 63 Madison Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 63 Madison Avenue at $228.5 million ($66.3 million of it land) and its assessed value at $102.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 30% from 2022/23 ($176 million) to 2026/27.
Are there vacant storefronts at 63 Madison Avenue?
Owners registered 5 storefronts at 63 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and 2 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 63 Madison Avenue?
No space at 63 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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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St