650 Madison Avenue

650 Madison Avenue has about 450,000 square feet of floor area in total, including 369,000 square feet of office, 76,000 square feet of retail and 4,000 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.

City records list 1957 as the year built, with a major alteration recorded in 1987. The building is 27 floors tall.

City records list 9-27 East 59th Street, 16 East 60th Street and 630-650 Madison Avenue on the same tax lot (BBL 1013740014) as 650 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

650 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 650 Madison Avenue, New York, NY 10022, in Midtown.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.69 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 650 Madison Avenue is 5 Av/59 St (the N, R and W trains), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 59 St (the 4, 5, 6, N, R and W trains, connected to Lexington Av/59 St), 4 min walk; Lexington Av/63 St (the M and Q trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 650 MADISON OWNER LLC as the owner of record of 650 Madison Avenue (BBL 1013740014). 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 650 Madison Avenue. 3 public companies report the address as their principal executive office: MOUNT LOGAN CAPITAL INC. (MLCI), RALPH LAUREN CORP (RL) and BC PARTNERS LENDING CORP. 4 investment managers and funds file 13F holdings reports from the address, including BC Partners PE LP; Lakewood Capital Advisors, LLC; and LAKEWOOD CAPITAL 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.

650 Madison Avenue last sold in September 2013 for $1.29 billion, according to the deed recorded with the city. CRP/AAC 650 MADISON OWNER L.L.C. sold it to 650 MADISON OWNER LLC. That comes to about $2,877 per square foot of floor area. The deed is ACRIS document 2013100101269001 (BBL 1013740014) 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.

650 Madison Avenue reported an ENERGY STAR score of 75 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 75 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 56.6 kBtu per square foot, 31% below the national median of 81.5 for a similar property. Its greenhouse gas emissions were about 3,371 metric tons of CO2e (5.99 kg per square foot).

At its 2024 energy use, 650 Madison Avenue comes to about 2,457 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,361 tons for 2024 to 2029 (56% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,593 tons and the same energy use counts as about 1,357 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 650 Madison Avenue. In the last two years, interior work was permitted on 6 floors (floors 5 to 9 and 23 and the cellar). The newest build-out, on floor 23, was first permitted in June 2026 (construction, mechanical; filed cost estimate $500,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1013740014. 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 $199 million for 650 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 $21.6 million a year, roughly $47.98 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013740014 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 650 Madison Avenue at $442.1 million ($160 million of it land) and its assessed value at $199 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 11% from 2022/23 ($497.2 million) to 2026/27.

Owners registered 7 storefronts at 650 Madison Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 7 stood vacant. 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.

No space at 650 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.