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NYC Building Records · BBL 1012880051

507 MADISON AVENUE

Manhattan · Block 1288 · Lot 51 · Office tower (Class O4)

507 MADISON AVENUE is a Class O4 (office tower) building in Manhattan (BBL 1012880051) built in 1929, with 2 residential units across 21 floors.

The building is in NYC community district 105, council district 4, zoning district C5-3, on a 6,861-square-foot lot with a building footprint of 134,039 square feet.

The current registered owner of record per NYC PLUTO is 509 MADISON AVENUE LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

509 MADISON AVENUE LLC

Most recent deed

Last transferred on Mar 31, 2021 to 509 MADISON AVENUE LLC.
Previous owner: 509 MADISON AVENUE ASSOCIATES, L.P.
Mortgage: $100.0M recorded Mar 31, 2021 with Deutsche Bank Ag, New York Branch.
🔒 See all transfers before the 2021 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Mar 31, 2021DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Mar 31, 2021AGMT$30.0MParties redacted — full names in MetroDeeds Scout+
Mar 31, 2021AGMT$100.0MParties redacted — full names in MetroDeeds Scout+
Mar 31, 2021AGMT$20.0MParties redacted — full names in MetroDeeds Scout+
Dec 12, 2017MTGE$30.0MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
1929
Class
O4
Borough
Manhattan
Zoning:
C5-3
Lot size:
6,861 sqft
Building area:
134,039 sqft
Floors:
21
Assessed value:
$25.1M
Community district:
105
Council district:
4

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Mar 31, 2021).

Frequently asked questions about 507 MADISON AVENUE

Who owns 507 MADISON AVENUE?

The current registered owner of record for 507 MADISON AVENUE per NYC PLUTO is 509 MADISON AVENUE LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 507 MADISON AVENUE last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 507 MADISON AVENUE in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).

How many HPD violations does 507 MADISON AVENUE have?

No open HPD housing-maintenance code violations are on record for 507 MADISON AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 507 MADISON AVENUE?

NYC Department of Finance assesses 507 MADISON AVENUE at $25.07M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 507 MADISON AVENUE and what does that mean?

507 MADISON AVENUE is NYC building class O4 — Office tower. A 20+ story office tower. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

More from MetroDeeds

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