NYC property data › Manhattan › Midtown › 551 Madison Avenue

551 Madison Avenue

Midtown, Manhattan · Commercial & office · BBL 1012910021

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1Units
17Floors
125,495Building sq ft
7,541Lot sq ft
1922Year built
C5-3Zoning
16.64 of 15.00Built FAR
$155M · 2017Last sale
27DOB permits
0Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2017-01-19Deed$155,000,000
2012-12-27Deed$128,000,000
2005-08-30Deed$87,500,000
2000-10-11Deednot recorded
1997-09-24Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2025-05-20Initial PermitGeneral Construction
2025-05-19Initial PermitPlumbing
2024-04-12Initial PermitSuspended Scaffold
2023-11-13Initial PermitMechanical Systems
2023-07-06Renewal Permit Without ChangesGeneral Construction

Source: DOB NOW approved permits, which covers 2017 onward. 27 permits on file for this lot.

Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Reach the owner

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Refi radar

The most recent mortgage recorded against this parcel was $5M from DEUTSCHE PFANDBRIEFBANK AG in May 2022. On a typical 2-year term that is 29 months past estimated maturity.

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Estimated maturity. ACRIS publishes recording dates, not maturity dates — these are the recorded date plus a typical term for the asset and lender type, not the borrower’s actual loan terms. Crezly is not a loan broker, does not negotiate terms, and is not paid on closing.

Who finances deals like this

The lenders with the most recorded office mortgages in Manhattan since 2021, from public ACRIS filings.

  1. Deutsche Bank Ag, New York Branch — 21 loans, typically $11.23M–$38.17M
  2. Athene Annuity And Life Company — 14 loans, typically $3.17M–$45M
  3. Metlife Real Estate Lending LLC — 8 loans, typically $1.15M–$25M
  4. Reznik Paz Nevo Trusts Ltd., As Trustee — 5 loans, typically $9.64M–$40.79M
  5. Dl Rcf I Loan Holdings, LLC — 4 loans, typically $13.25M–$86.85M
Match this deal to 179 lenders

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Other lots on this block

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Development & air rights

111% Utilization — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.

Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 1012910021 · data refreshed 2026-10-24