# 292 Madison Avenue, Manhattan

Commercial · built c. 1923 · Block 1275, Lot 59.

On Umarelli: https://umarelli.org/nyc/1012750059/292-madison-avenue

More construction in Midtown: https://umarelli.org/nyc/manhattan/midtown.md

Every lot on block 1275: https://umarelli.org/nyc/manhattan/1275.md

## Building permits

- Alteration, filed Jun 4, 2026, estimated cost $1K, described as “Installation of sidewalk shed in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed May 8, 2026, described as “Installation of suspended scaffold for facade work or inspection.”
- Alteration, filed Dec 9, 2025, estimated cost $261K, described as “Application filed for interior renovation of non-load bearing partitions, ceilings, and finishes on the 3RD floor (2C/3M) as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 17, 2025, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 5, 2025, described as “Installation of suspended scaffold for facade work or inspection.”
- Alteration, filed Oct 29, 2025, estimated cost $794K, described as “Exterior restoration as per plans filed herewith. No change to use, egress or occupancy”
- Alteration, filed Sep 8, 2025, estimated cost $33K, described as “Application filed for interior renovation of non-load bearing partitions, ceilings, and finishes on the 22ND floor (20C/22M) as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed May 19, 2025, estimated cost $135K, described as “Herewith filing for modifications to the existing Plumbing systems of the 3rd, 4th, 5th, and 6th floors as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed May 14, 2025, estimated cost $2.9M, described as “Herewith filing for removal and installation of walls, doors, floor finishes, and ceilings of 4th, 5th, and 6th floors as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed May 14, 2025, estimated cost $150K, described as “Herewith filing for modifications to the existing sprinkler system on the 4th, 5th, and 6th floors as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed May 14, 2025, estimated cost $700K, described as “Herewith filing for modifications to existing mechanical systems of the 4th, 5th, and 6th floors as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed May 14, 2025, estimated cost $60K, described as “Herewith filing for structural modifications of the 4th, and 5th floors as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Feb 29, 2024, estimated cost $250K, described as “Interior renovation REMOVE AND CONSTRUCT INTERIOR PARTITIONS, CEILINGS, DOORS & FLOORS AS SHOWN ON DRAWINGS FILED HEREWITH. Of the 11th FL office space for Swinerton. No change in use, egress, or occupancy.”
- Alteration, filed Feb 12, 2024, estimated cost $1K, described as “Installation of sidewalk shed in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Oct 18, 2022, estimated cost $50K, described as “Remove and construct interior partitions, ceilings & doors as shown on drawings filed herewith.”
- Alteration, filed Oct 13, 2022, estimated cost $8K, described as “Install 1 new sprinkler head & piping and replace 6 sprinkler heads and piping.”
- Alteration, filed Oct 13, 2022, estimated cost $15K, described as “Modify ductwork as shown on drawings filed herewith.”
- Alteration, filed Jun 13, 2022, estimated cost $44K, described as “Filing herewith for outdoor terrace as shown on drawings.”
- Alteration, filed Jun 3, 2022, estimated cost $10K, described as “Relocate 1 hwh (non gas) and piping. Install 2 new dishwashers, 1 sink, 1 floor drain, 1 water piping & 1 sanitary piping as shown on drawings filed herewith.”
- Alteration, filed Jun 3, 2022, estimated cost $10K, described as “Modify ductwork as shown on drawings filed herewith.”
- Alteration, filed Jun 3, 2022, estimated cost $15K, described as “Replace 10 sprinkler heads. Install 1 new sprinkler head and piping as shown on drawings filed herewith.”
- Alteration, filed Jun 2, 2022, estimated cost $20K, described as “Modify ductwork as shown on drawings filed herewith.”
- Alteration, filed Jun 2, 2022, estimated cost $15K, described as “Relocate 1 lav & 1 wc on existing roughing. Install 1 lav, 1 wc & 1 hwh (non gas) on drawings filed herewith.”
- Alteration, filed Jun 2, 2022, estimated cost $2K, described as “Remove 1 sprinkler head. Relocate 3 sprinkler heads and piping as shown on drawings filed herewith.”
- Alteration, filed Jun 2, 2022, estimated cost $75K, described as “Remove and construct interior partitions, ceilings, doors & floors as shown on drawings filed herewith.”

23 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1012750059/292-madison-avenue.

## Property taxes

- Assessment: $32,877,900
- 2026–27 tax: $2,857,288
- Market value (city estimate): $73,062,000
- Taxable value: $32,299,190
- Assessed land: $5,535,000
- Assessed improvements: $27,342,900

## Tax breaks

- ICAP abatement, through Jun 30, 2032, a $646,528 credit this tax year.

## Zoning

C5-3: floor area ratio 18.40 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 30, 2024: $90,486,071
- Oct 7, 2016: $90,000,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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…

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology