285 Madison Avenue, Manhattan
Commercial · built c. 1926 · Block 1275, Lot 23.
Building permits
- Alteration, filed Nov 3, 2026, described as “FISP INSPECTION (Facade Inspection Safety Program). INDUSTRIAL ROPE ACCESS TECHNIQUES AND METHODS. SEE ATTACHED PLANS. Designated Primary Site supervisor: Jesus Decola”
- Alteration, filed Jun 22, 2026, estimated cost $95K, described as “Interior work on the 1ST floor filed in conjunction with MEP as per plans. No change to use, occupancy or egress.”
- Alteration, filed Mar 27, 2026, estimated cost $971K, described as “General construction modifications taking in the cellar, 1ST floor and roof (cellar, lobby and roof 27TH marketing) as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Feb 26, 2026, estimated cost $76K, described as “Sprinkler modifications taking place on the 18TH floor (19TH floor marketing) as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Feb 26, 2026, estimated cost $50K, described as “Plumbing modifications taking place on the 18TH floor (19TH floor marketing) as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Feb 26, 2026, estimated cost $397K, described as “Mechanical modifications taking place on the 18TH (19TH floor marketing) floor as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Feb 23, 2026, estimated cost $180K, described as “Interior renovation existing commercial space with partition work on 1ST floor and mezzaine. No change in use, egress or occupancy.”
- Alteration, filed Feb 12, 2026, estimated cost $890K, described as “General construction modifications taking place on the 18TH floor (19TH floor marketing) as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 16, 2026, estimated cost $3K, described as “Sprinkler modifications taking place on the 12TH floor as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 16, 2026, estimated cost $23K, described as “Mechanical modifications taking place on the 12TH floor as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Dec 10, 2025, estimated cost $68K, described as “General construction modifications taking place on the 12TH floor as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 11, 2024, estimated cost $244K, described as “Install new partitions, millwork, finishes and ceilings per plans herewith submitted. No change in use, egress or occupancy”
- Alteration, filed Oct 17, 2023, estimated cost $26K, described as “Remove existing partitions, millwork, finishes and act ceiling per plans herewith submitted. No change in use, egress or occupancy”
- Alteration, filed Sep 18, 2023, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 18, 2023, estimated cost $205K, described as “Proposing for retail space - new tenant - remove & install interior partition, soffits, finishes & casework. All work as per plans.”
- Alteration, filed Jun 9, 2023, estimated cost $75K, described as “Remove partitions, ceilings, millwork and finishes in retail space as per plans. No change to use, egress or occupancy.”
- Alteration, filed Mar 14, 2023, estimated cost $125K, described as “Interior renovation of eating and drinking space on first floor and mezzanine as per plans. No change to use, egress or occupancy.”
- Alteration, filed Feb 22, 2023, estimated cost $2.3M, described as “Facade repairs as per plans. No change to use, egress or occupancy.”
- Alteration, filed Nov 4, 2022, estimated cost $1.7M, described as “Replace existing chiller in cellar as per plans. No change to use, egress or occupancy.”
- Alteration, filed Aug 2, 2022, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 12, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Dec 6, 2021, estimated cost $20K, described as “Install safety netting as indicated on drawings filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Aug 10, 2021, estimated cost $175K, described as “Remove and install partitions, doors, ceilings in 18TH floor office space. No change to use, egress or occupancy.”
- Alteration, filed Aug 10, 2021, estimated cost $28K, described as “Modifications to existing HVAC equipment, related duct work and piping. No change to use, egress or occupancy.”
- Alteration, filed Aug 2, 2021, estimated cost $7K, described as “Remove, relocate and install sprinkler heads and related piping. No change to use, egress or occupancy.”
18 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $87,635,700
- 2026–27 tax
- $8,231,942
- Market value (city estimate)
- $194,746,000
- Taxable value
- $83,203,200
- Assessed land
- $10,559,700
- Assessed improvements
- $77,076,000
Tax breaks
- ICAP abatement, through Jun 30, 2027, a $793,942 credit this tax year.
Zoning
C5-3 (part of the lot is C5-2.5): floor area ratio 18.60 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…
- YOUNG & RUBICAM SIDEWALK CLOCK (City Planning P1986M0316): Completed, decided Aug 13, 1987. CONSENT TO CONST A CLOCK WITH ELECTRICAL CONDUIT