625 Madison Avenue, Manhattan
Vacant land · Block 1294, Lot 46.
Building permits
- New Building — Tower, filed Nov 26, 2024, 32 stories, early work permitted while the building plans are in review, described as “Construction of a new building as per plans filed herewith.”
- Alteration, filed Jul 22, 2026, estimated cost $19K, described as “Installation of temporary pipe scaffold attached to secant core beam as per drawings. Pipe scaffold shall comply with chapter # 33 of the 2022 NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Jul 22, 2026, estimated cost $12K, described as “Install outrigger beam attached to secant core beam for pipe scaffold installation. Outrigger beam shall comply with chapter # 33 of the 2022 NYC building code. No change in use occupancy or egress under this application.”
- Alteration, filed Jun 18, 2026, estimated cost $2K, described as “Heavy duty sidewalk shed during NB filed under application # M01145329, 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 26, 2026, estimated cost $5K, described as “Use of knuckleboom for SOE and foundation construction. This application is filed in conjunction with NB M01145329-I1”
- Alteration, filed Mar 24, 2026, estimated cost $2K, described as “Construction fence as per drawings. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Mar 20, 2026, estimated cost $5K, described as “Use of telehandler for SOE and foundation construction. This application is filed in conjunction with NB M01145329-I1”
- Alteration, filed Dec 12, 2024, estimated cost $80K, described as “Curtain Wall Glass Demolition”
- Alteration, filed Nov 7, 2024, estimated cost $2K, described as “Temporary shoring as per drawings. Shoring shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 7, 2024, estimated cost $1K, described as “Temporary crash deck platform as per drawings. Crash deck platform shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Sep 18, 2024, estimated cost $80K, described as “Demo of rooftop mechanical units and support dunnage and water tank.”
- Alteration, filed Sep 5, 2024, estimated cost $25K, described as “Protections and Mechanical methods for hoist demo floors 1 thru 9”
- Alteration, filed Sep 5, 2024, estimated cost $50K, described as “Partial slab demolition to create openings for future temporary hoist floors 1 thru 9”
- Alteration, filed Aug 29, 2024, estimated cost $120K, described as “Installation of an air pressurized standpipe system during entire building demolition as per plans submitted herewith, no change in use, egress or occupancy group.”
- Alteration, filed Aug 12, 2024, estimated cost $10K, described as “Single #7000 # capacity personnel/material hoist during bldg alt 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 separately”
- Alteration, filed Jul 17, 2024, estimated cost $2K, described as “Temporary roof protection at adjoining properties during bldg alteration, filed sep. Temporary roof protection shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Jul 3, 2024, estimated cost $3K, described as “Temporary pipe 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 Jun 28, 2024, estimated cost $3K, described as “Heavy duty sidewalk shed during bldg alteration, 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 Jun 28, 2024, estimated cost $2K, described as “Construction fence as per drawings. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Jun 12, 2024, estimated cost $300K, described as “Interior demolition of non load bearing elements”
- Demolition, filed Apr 30, 2024, estimated cost $10.0M, described as “Full demolition of 16 story structure using hand held and mechanical means to assist.”
- No Work, filed Aug 14, 2023, described as “Art exhibition with accessory use food and beverage, invited guests onlyFloors in use simultaneously”
- Alteration, filed Feb 16, 2023, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 6, 2022, estimated cost $29K, described as “Non Structural Demolition, Interior Renovations filed herewith. No Change in Use, Egress or Occupancy”
- No Work, filed Aug 9, 2022, described as “Art exhibition with accessory use food and beverage, invited guests only. Floors in use simultaneously”
16 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $35,867,700
- 2026–27 tax
- $3,488,450
- Market value (city estimate)
- $79,706,000
- Taxable value
- $32,157,540
- Assessed land
- $35,867,700
Zoning
C5-3 (part of the lot is C5-2.5): 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
- 625 Madison Avenue (City Planning 2024M0267): Authorization, In Public Review, filed May 21, 2026. A private applicant, 625 Mad Realty LLC, is seeking MTA transit improvement bonus authorizations (ZR 66-511 and ZR 66-521) to facilitate the construction of an approximately 626,257-square-foot office tower at 625 Madison Avenue in the…
- MADISON AVENUE BID EXPANSION (City Planning P2003M0475): Completed. 03DBS008M: ACTION INCLUDES PROVIDING SUPPLEMENTAL SERVICES SUCH AS SANI TATION, SECURITY, MARKETING AND PORMOTIN AND ADMINISTRATION
In the news
Anchor Lease Secured For 625 Madison Avenue Skyscraper In Midtown, Manhattan, New York YIMBY, Sep 5, 2026.