980 Madison Avenue is a property in Manhattan (BBL 1-1391-14), classified as commercial & office, built in 1950, owned by 980 MADISON AVENUE HOLDINGS LLC. Crezly estimates about $364M in outstanding mortgage debt secured against it. The building has about 118,635 square feet across 29 units. It last recorded a sale of $560M on 2024-06-06.
| Land use | Commercial & office |
|---|---|
| Building class | O5 |
| Zoning district | C5-1 |
| Year built | 1950 (altered 1987) |
| Floors | 6 |
| Total units | 29 |
| Building area | 118,635 sqft |
| Lot area | 20,390 sqft |
| Built FAR | 5.82 of 10.00 max |
| Assessed value | $52.72M |
This lot appears to carry roughly 85,230 sqft of unused development rights (the gap between its built and maximum FAR). What is FAR?
The recorded owner is 980 MADISON AVENUE HOLDINGS LLC. Crezly estimates about $364M in outstanding mortgage debt secured against this property.
This building is in Upper East Side, Manhattan. See the neighborhood's recent sales, median prices and top owners.