740 Madison Avenue

740 Madison Avenue has about 37,000 square feet of floor area in total, including 36,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1920 as the year built, with a major alteration recorded in 2014. The building is 6 floors tall.

City records list 23-27 East 64th Street and 740-742 Madison Avenue on the same tax lot (BBL 1013790017) as 740 Madison Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

740 Madison Avenue is in ZIP code 10065, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 740 Madison Avenue, New York, NY 10065, in the Upper East Side.

The lot is in the C5-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.9 and a maximum commercial FAR of 4 for this lot. It is inside the Upper East Side Historic District, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to 740 Madison Avenue is Lexington Av/63 St (the M and Q trains), about 0.2 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av/59 St (the N, R and W trains), 5 min walk; 68 St-Hunter College (the 6 train), 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 740 MADISON SPE LLC as the owner of record of 740 Madison Avenue (BBL 1013790017). 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.

740 Madison Avenue last sold in October 2014 for $16.9 million, according to the deed recorded with the city. 740 MADISON OWNER LLC sold it to 740 MADISON SPE LLC. That comes to about $453 per square foot of floor area. The deed is ACRIS document 2014110301075001 (BBL 1013790017) 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.

740 Madison Avenue reported an ENERGY STAR score of 5 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 5 earns a D. 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 97.4 kBtu per square foot, 84% above the national median of 52.8 for a similar property. Its greenhouse gas emissions were about 382 metric tons of CO2e (10.2 kg per square foot).

At its 2024 energy use, 740 Madison Avenue comes to about 278 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 284 tons for 2024 to 2029 (98% of the limit), so it would owe no penalty. From 2030 the limit drops to 79 tons and the same energy use counts as about 155 tons, about 77 tons over, or an estimated $21,000 a year unless the building cuts its emissions. 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.

The Department of Buildings issued no permits for new jobs at 740 Madison Avenue in the 12 months to October 2026; the last one was first permitted in August 2025. A sidewalk shed permit here is active until November 11, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1013790017. 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 $24 million for 740 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 $2.61 million a year, roughly $69.65 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013790017 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 740 Madison Avenue at $59.6 million ($16.3 million of it land) and its assessed value at $26.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 41% from 2022/23 ($42.3 million) to 2026/27.

Owners registered one storefront at 740 Madison Avenue for December 31, 2024, the newest annual filing the city has published, and it was not 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.

No space at 740 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.