545 Madison Avenue, Manhattan
Commercial · built 1956 · Block 1290, Lot 52.
Building permits
- Alteration, filed Oct 23, 2026, estimated cost $310K, described as “General Construction to take place on the 16th floor per drawings filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Aug 17, 2026, described as “Industrial rope access for facade inspections.”
- Alteration, filed Aug 12, 2026, estimated cost $311K, described as “General Construction modifications to take place on the 9th floor per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Mar 10, 2026, estimated cost $2K, described as “Plumbing modifications taking place on the 9th Construction floor as per plans filed herewith. No change in use, egress nor occupancy.”
- Alteration, filed Mar 10, 2026, estimated cost $7K, described as “Sprinkler modifications taking place on the 9th floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Mar 10, 2026, estimated cost $4K, described as “Mechanical modifications to take place on the 9th construction floor as per plans filed herewith. No Change in use, egress, or occupancy.”
- Alteration, filed Feb 27, 2026, estimated cost $20K, described as “General Construction to take place on the 9th floor Construction floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Feb 25, 2026, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Feb 6, 2026, estimated cost $1.0M, described as “Interior architectural office renovation on 4TH and 5TH floors as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Feb 2, 2026, described as “Installation of suspended scaffold for facade inspection/repair.”
- Alteration, filed Aug 11, 2025, estimated cost $32K, described as “General Construction to take place on the 16th & 17th Construction floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Aug 10, 2025, estimated cost $9K, described as “Mechanical modifications to take place on the 16th & 17th construction floor as per plans filed herewith. No Change in use, egress, or occupancy.”
- Alteration, filed Aug 10, 2025, estimated cost $16K, described as “Sprinkler modifications taking place on the 16th & 17th floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Aug 10, 2025, estimated cost $3K, described as “Plumbing modifications taking place on the 16th & 17th Construction floor as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jun 11, 2025, estimated cost $188K, described as “Mechanical modifications to take place on the 15th floor as per plans filed herewith. No Change in use, egress, or occupancy.”
- Alteration, filed Jun 4, 2025, estimated cost $55K, described as “Sprinkler modifications taking place on the 15th floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jun 4, 2025, estimated cost $24K, described as “Plumbing modifications taking place on the 15th Construction floor as per plans filed herewith. No change in use, egress nor occupancy.”
- Alteration, filed Jun 2, 2025, estimated cost $316K, described as “General Construction to take place on the 15th Construction floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 21, 2025, estimated cost $50K, described as “Stair removal and slab infill as per plans submitted herewith. No change in use, egress, or occupancy.”
- Alteration, filed Sep 6, 2024, described as “Suspended scaffold out outrigger system for facade restoration work and inspection.”
- Alteration, filed Aug 26, 2024, estimated cost $9K, described as “Installation of 300PSF sidewalk shed as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 1, 2024, estimated cost $254K, described as “General Construction modifications to take place on the Facade as per drawings filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jul 25, 2024, estimated cost $33K, described as “Facade containment netting install at fire tower outdoor vestibule on the Facade and Roof as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 2, 2024, estimated cost $15K, described as “Structural modifications taking place on the 17th Construction floor as per plans filed herewith. No change in use, egress, or occupancy. (Listed as 18th Marketing floor)”
- Alteration, filed Dec 28, 2023, estimated cost $122K, described as “Mechanical modifications to take place on the 17th Construction floor and 17th Floor Mezzanine as per plans filed herewith. No Change in use, egress, or occupancy. (Mezzanine listed as 18th Marketing floor)”
38 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $27,382,050
- 2026–27 tax
- $2,970,405
- Market value (city estimate)
- $60,849,000
- Taxable value
- $27,382,050
- Assessed land
- $3,816,000
- Assessed improvements
- $23,566,050
Zoning
C5-3: floor area ratio 19.68 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…
In the news
Marx Realty Inks 10,000-Square-Foot Lease with Snow Phipps at 545 Madison Avenue in Midtown, Manhattan, New York YIMBY, Aug 3, 2021.