Emmet Building

The Emmet Building has about 146,000 square feet of floor area in total, including 137,000 square feet of office and 9,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the Emmet Building to 1911-1912, designed by Barney & Colt. The building is 16 floors tall.

Barney & Colt, according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance Skyscraper and its original use as an office building.

Yes. The Landmarks Preservation Commission designated the Emmet Building an individual landmark on March 6, 2018 (LP-02603). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

The Emmet Building is at 89 Madison Avenue in Midtown South, Manhattan. City records list 26 East 29th Street and 89-95 Madison Avenue on the same tax lot (BBL 1008580058). A space listed on Leasemark at any of these addresses shows up on this page.

89 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 Emmet Building is at 89 Madison Avenue, New York, NY 10016, in Midtown South.

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 14.8 and a maximum commercial FAR of 10 for this lot.

The closest subway station to the Emmet Building is 28 St (the 6 train), about 500 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as partly accessible. Also nearby: 33 St (the 6 train), 4 min walk; 28 St (the R and W trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists MADISON 29 HOLDING LLC as the owner of record of the Emmet Building (BBL 1008580058). 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.

The Emmet Building last sold in June 2024 for $65 million, according to the deed recorded with the city. NINETY-FIVE MADISON COMPANY, L.P. sold it to MADISON 29 HOLDING LLC. That comes to about $445 per square foot of floor area. The deed is ACRIS document 2024061000288001 (BBL 1008580058) 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.

The Emmet Building reported an ENERGY STAR score of 100 for calendar year 2023 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 100 earns an A. 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 30.7 kBtu per square foot, less than half the national median of 149.8 for a similar property. Its greenhouse gas emissions were about 357 metric tons of CO2e (2.4 kg per square foot).

At its 2023 energy use, the Emmet Building comes to about 340 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,129 tons for 2024 to 2029 (30% of the limit), so it would owe no penalty. From 2030 the limit drops to 406 tons and the same energy use counts as about 311 tons, still under the limit. This is an estimate from the owner's 2023 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 1 job at the Emmet Building. In the last two years, interior work was permitted on 17 floors (floors 1 to 17, the cellar and the sub-cellar). The newest build-out, on floors 1 to 17, the cellar and the roof, was first permitted in February 2025 (standpipe; filed cost estimate $10,000). A sidewalk shed permit here is active until November 16, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008580058. 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 $14.6 million for the Emmet Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.58 million a year, roughly $10.82 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008580058 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Emmet Building at $32.8 million ($13 million of it land) and its assessed value at $14.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 3% from 2022/23 ($34 million) to 2026/27.

Owners registered one storefront at the Emmet Building for December 31, 2025, the newest annual filing the city has published, and it stood vacant that day. 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.

No space at 89 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.