5 MADISON AVENUE
BBL 1008530001 · Class H1 · Built 1909 · 51 floors · BLACK SLATE F 2013 LLC
5 MADISON AVENUE is a property in New York City zoned C5-3. The C5-3 classification is Commercial C5-3. The structure was built in 1909. It has 51 floors. The building contains 252,109 square feet. Built FAR is 39.63 of 10 maximum allowed. Assessed value is $42,601,050. Last sold for $231,210,000 in October 2025. Located in Council District 2.
You can build 95K sf as-of-right. The lot uses 264% of it today.
Governing use: commercial at FAR 15.00 on a 6,361 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
2 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Oct 17, 2025 | DEED | $231,210,000 | BLACK SLATE F 2013 LLC→NEWAGE MADISON, LLC |
| Apr 7, 2015 | DEED | $336,744,890.12 | MI NY CLOCK TOWER, LLC→BLACK SLATE F 2013 LLC |