295 MADISON AVENUE
BBL 1012750050 · Class O4 · Built 1929 · 45 floors · 85 units · 295 MADISON PROPERTY OWNER LLC
295 MADISON AVENUE is a split-zoned property in New York City: different parts of the lot fall in C5-2.5 and C5-2.5. The structure was built in 1929. It has 45 floors. The building contains 301,128 square feet. Built FAR is 21.94; PLUTO reports a maximum of 10 for the C5-2.5 portion, which does not govern the whole of a split lot. Assessed value is $45,962,100. Last sold for $212,685,000 in September 2013. Located in Council District 4.
You can build 206K sf as-of-right. The lot uses 146% of it today.
Governing use: commercial at FAR 15.00 on a 13,725 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
10 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Sep 10, 2013 | DEED | $212,685,000 | WBM 295 MADISON OWNER LLC→295 MADISON PROPERTY OWNER LLC |
| Aug 27, 2007 | DEED | $59,889,209 | KORMADISON LLC→WBM 295 MADISON OWNER LLC |
| Aug 21, 1998 | DEED | — | KOMOHIL COMPANY LLC→KORMADISON LLC |
| Oct 6, 1997 | DEED | — | KOREIN, SARAH→KORMADISON LLC |
| Jun 2, 1980 | DEED | — | KOREIN, SARAH→ROSEN, LEE |
| Jun 2, 1980 | DEED | — | ROSEN, LEE→SHORE TOWN MANAGMENTCO |
| Jun 2, 1980 | DEED | — | SHORETOWN MANAGEMENTCO→KOMOHILL REALTY CO |
| Jun 5, 1969 | DEED | — | SONNERBLICK NATHAN J. TR→KORROW CORP |
| Jun 5, 1969 | DEED | — | KORROW CORP→KOREIN,SARAH |
| Jun 5, 1969 | DEED | — | 295 MADISON AVE ASSOC→KORROW CORP |