415 Madison Avenue, Manhattan
Vacant land · Block 1284, Lot 21.
Building permits
- New Building — High-Rise, filed Jun 30, 2022, 40 stories, described as “Construct new building”
- Alteration, filed Jun 3, 2025, estimated cost $5K, described as “Heavy duty sidewalk shed during NB const at 270 park ave, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Mar 13, 2024, estimated cost $5K, described as “Heavy duty sidewalk shed during NB const, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Mar 5, 2024, estimated cost $61K, described as “Sitework required to mitigate water seepage into adjacent building (33 e 48TH/ street). It is assumed that the existing substrate soil is clean and does not require remediation. Building previously demolished under 123700076.”
- Alteration, filed Aug 18, 2021, estimated cost $220, described as “Use of mechanical construction equipment during interior demolition, filed separately under 140887547.”
- Alteration, filed Aug 11, 2021, estimated cost $10K, described as “Installation of single 2000 # capacity personnel/material hoist during bldg demolition, filed sep. Hoist shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted…”
- Alteration, filed Aug 11, 2021, estimated cost $3K, described as “Installation of temporary scaffold as per drawings. Scaffold shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 11, 2021, estimated cost $2K, described as “Installation of temporary roof protection at adjacent properties during bldg demolition, filed sep. Roof protection shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 11, 2021, estimated cost $3K, described as “Installation of heavy duty sidewalk shed during bldg demolition, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 11, 2021, estimated cost $2K, described as “Installation of plywood fence as per drawings. Plywood fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Jul 27, 2021, described as “Modification of existing wet standpipe system to a dry pressurized system”
- Alteration, filed Jul 27, 2021, described as “Removal of entire sprinkler system”
- Alteration, filed Mar 20, 2020, estimated cost $48K, described as “Modification of existing sprinkler system in association to interior removals.heads to be turned up in compliance with revised ceiling configuration.”
Property taxes
- Assessment
- $11,767,950
- 2026–27 tax
- $1,148,016
- Market value (city estimate)
- $26,151,000
- Taxable value
- $10,582,740
- Assessed land
- $11,767,950
Zoning
C5-3: floor area ratio 0.00 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- 415 Madison Avenue Special Permits Renewal (City Planning 2026M0275): Filed, filed Jan 12, 2026. A renewal pursuant to ZR Section 11-43 of two special permits previously granted pursuant to ZR Sections 81-645 and 81-685 to facilitate a new, approximately 40 story, approximately 287,180 zsf commercial development, including an…
- 415 Madison Avenue (City Planning 2020M0220): Special permit, Completed, filed May 17, 2021, decided Apr 18, 2022. This is a private application by 415 Madison Avenue LLC, proposing special permits under 81-645 and 81-685 that seek to facilitate redevelopment of the commercial building on the site located at 415 Madison Ave in the East Midtown…
- 415 Madison Avenue TDR & Overbuild Cert (b) (GEM) (City Planning 2021M0155): Certification, Completed, filed Dec 14, 2020, decided Nov 8, 2021. This is a private application by 415 Madison Ave LLC, proposing chairperson certifications pursuant to ZR Section 81-642 and 81-643b), that seek to facilitate redevelopment of the commercial building on the site located at 415 Madison Ave…
- 415 Madison Avenue Overbuild Cert a) (GEM) (City Planning 2020M0448): Certification, Completed, filed Jul 15, 2020, decided Jan 16, 2021. This is a private application by 415 Madison Ave LLC, requesting a certification pursuant to ZR Section 81-643a) to demolish or alter a non-complying building at 415 Madison Avenue, in the East Midtown neighborhood of Community District 5,…
- 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…
In the news
Demolition Finishes for SOM-Designed Skyscraper at 415 Madison Avenue in Midtown East, Manhattan, New York YIMBY, Apr 27, 2023.