383 Madison Avenue, Manhattan
Commercial · built 1999 · Block 1282, Lot 21.
Building permits
- Alteration, filed Jul 23, 2026, described as “Installation design and usage of suspended scaffold system as per drawings. Suspended scaffold system shall be installed at catwalk - bulkhead level. No change in use, occupancy or egress under this application.”
- Alteration, filed Jul 21, 2026, estimated cost $3K, described as “Herewith filing paa to submit revised monorail system with susp. Scaffold system drawings. Please do the following action: previously issued drawing sheet no.: eq-002.00 is hereby replaced (superseded) with sheet no. Eq-002.01.”
- Alteration, filed Jul 14, 2026, estimated cost $35K, described as “Installation of new curb cut with depressed granite curb on the north side of E 46th St 90.62' West of Vanderbilt Avenue.”
- Alteration, filed Apr 1, 2026, estimated cost $16.5M, described as “Interior fit-out. New interior partitions. No demolition. No change in use, egress, or occupancy proposed in this application.”
- Alteration, filed Mar 25, 2026, estimated cost $70K, described as “Use of temporary mini crane constructions equipment as per plans filed herewith.”
- Alteration, filed Mar 19, 2026, estimated cost $350K, described as “Filing herewith support of excavation (SOE) for the proposed elevator pit and ejector pit as per plans. Filed in conjunction with structural (which includes partial demolition) application #M01277980-S5.”
- Alteration, filed Feb 19, 2026, estimated cost $23K, described as “Decommission of existing VERIZON site on the facade and 18th floor. No change in use, egress or occupancy.”
- Alteration, filed Feb 17, 2026, estimated cost $11.9M, described as “Interior fit-out. New interior partitions. No demolition. No change in use, egress, or occupancy proposed in this application.”
- Alteration, filed Feb 17, 2026, estimated cost $13.4M, described as “Interior fit-out. New interior partitions. No demolition. No change in use, egress, or occupancy proposed in this application.”
- Alteration, filed Feb 13, 2026, estimated cost $1000, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 30 through 33. Construction costs and filing fees included in full-floor Mechanical job # M01293952-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 13, 2026, estimated cost $999, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 24 through 26. Construction costs and filing fees included in full-floor Mechanical job # M01293926-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 13, 2026, estimated cost $999, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 27 through 29. Construction costs and filing fees included in full-floor Mechanical job # M01293931-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 13, 2026, estimated cost $1000, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 39 through 41. Construction costs and filing fees included in full-floor Mechanical job # M01293994-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 13, 2026, estimated cost $998, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 34 through 38. Construction costs and filing fees included in full-floor Mechanical job # M01293987-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 10, 2026, estimated cost $1000, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floor 19. Construction costs and filing fees included in full-floor Mechanical job #M01293917-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 10, 2026, estimated cost $999, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 20 through 23. Construction costs and filing fees included in full-floor Mechanical job # M01293923-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 10, 2026, estimated cost $999, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 03 through 06. Construction costs and filing fees included in full-floor Mechanical job #M01293886-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 10, 2026, estimated cost $999, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 09 through 11. Construction costs and filing fees included in full-floor Mechanical job #M01294935-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Feb 10, 2026, estimated cost $999, described as “Early-phase Mechanical modifications to fan powered boxes and fans on Floors 07 through 08. Construction costs and filing fees included in full-floor Mechanical job #M01293902-S1. No change in use, egress, or occupancy in this application.”
- Alteration, filed Jan 7, 2026, estimated cost $9.8M, described as “Filing herewith removal and installation of interior non load bearing partitions and related finishes as per plans. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 7, 2026, estimated cost $9.8M, described as “Filing herewith removal and installation of interior non load bearing partitions and related finishes as per plans. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 7, 2026, estimated cost $8.1M, described as “Removal and installation of interior non-bearing partitions and related finishes as per drawings filed herewith. In-kind replacement of treads at existing convenience stairs. No change in use, egress or occupancy.”
- Alteration, filed Jan 7, 2026, estimated cost $7.4M, described as “Filing herewith removal and installation of interior non load bearing partitions and related finishes as per plans. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 7, 2026, estimated cost $9.6M, described as “Filing herewith removal and installation of interior non load bearing partitions and related finishes as per plans. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 7, 2026, estimated cost $10.2M, described as “Filing herewith removal and installation of interior non load bearing partitions and related finishes as per plans. No change in use, occupancy, or egress under this application.”
50 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $236,471,000
- 2026–27 tax
- $25,244,410
- Market value (city estimate)
- $525,491,100
- Taxable value
- $232,710,270
- Assessed land
- $18,540,000
- Assessed improvements
- $217,931,000
Zoning
C5-3: floor area ratio 27.13 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.
Recent sales
- Feb 28, 2020: $33,072,265, 1,174,988 sq ft, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 383 Madison Avenue - Ground Floor Modifications (City Planning 2025M0302): Special permit, Completed, filed Apr 7, 2025, decided May 23, 2025. The applicant, JPMorgan Chase, seeks a minor modification to a previously granted special permit (C980682ZSM) to facilitate the reconfiguration of the ground floor of the building at 383 Madison Avenue in Midtown, Manhattan, Community…
- 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…
- BEAR STEARNS WORLD HQ (City Planning P1998M0370): Completed, decided Mar 15, 1999. 98DCP033M: SPECIAL PERMITS TO ALLOW TRANSFER OF DEVELOPMENT RIGHTS FROM GRAND CENTRAL TERMINAL, AND POSSIBLE WAIVER OF HEIGHT AND S ETBACK, MOD TO MANDATORY DISTRICT PLAN ELEMENTS
- 383 MADISON AVE (City Planning P1996M0314): Completed, decided Jan 4, 1999. CERTIFICATION TO TRANSFER DEVLPMNT RIGHTS FROM GRAND CENTRAL*TERMINAL TO 383 MADISON AVE EQUAL TO 1 FAR LOCATED WITHIN*THE CORE AREA OF GRAND CENTRAL SUBDISTRICT
- 383,385 MADISON AVENUE (City Planning P1987M0168): Completed, decided Aug 24, 1989. 85-098M: SPEC PERMIT UNDER (74-79) TO CONSTRUCT A 68 STY HIGH RISE OFFICE BLDG FROM DEVELOP AIR RIGHTS OVER GCT
In the news
383 Madison Avenue’s Façade Replacement Continues in Midtown East, Manhattan, New York YIMBY, Aug 11, 2026.