NY Property Records

551 Madison Avenue
Manhattan · New York County · 10022

05 · Commercial & OfficeSold $155,000,000 · Jan 2017 ↗
Owner of record
OwnerLexin Ny 551 LLC
Assessment · 2025 roll
Land assessed$5,760,000
Total assessed$26,896,950
Est. annual tax$2,894,650 (2027, excl. special districts)
Building
StyleBank Building (Designed Exclusively for Banking)
Year built1922
Lot
Size0.18 acres (GIS)
Frontage × depth75 × 100 ft
Lot sq ft7,541
Zoning
DistrictC5-3
Special districtMiD
FAR16.64 built · 10.0 max residential · 15.0 max commercial · 15.0 max facility
Zoning map8c
Recorded documents · 79
ASSIGNMENT, MORTGAGE Jul 17, 2026
assignor/old lender Deutsche Pfandbriefbank Ag
assignee/new lender Merchant Re Lender 51, LLC
View on ACRIS ↗
ASGN OF ASGN OF L&R Jul 17, 2026
assignor Deutsche Pfandbriefbank Ag
assignee Merchant Re Lender 51, LLC
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jul 6, 2022
assignor/old lender Principal Life Insurance Company
assignee/new lender Deutsche Pfandbriefbank Ag
View on ACRIS ↗
Show all 79
ASSIGNMENT, MORTGAGE Jul 6, 2022
assignor/old lender Principal Life Insurance Company
assignee/new lender Deutsche Pfandbriefbank Ag
View on ACRIS ↗
MORTGAGE $5,000,000 Jul 6, 2022
mortgagor/borrower Lexin Ny 551 LLC
mortgagee/lender Deutsche Pfandbriefbank Ag
View on ACRIS ↗
AGREEMENT $78,000,000 Jul 6, 2022
party 1 Lexin Ny 551 LLC
party 2 Deutsche Pfandbriefbank Ag
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS $78,000,000 Jul 6, 2022
assignor Lexin Ny 551 LLC
assignee Deutsche Pfandbriefbank Ag
View on ACRIS ↗
MORTGAGE $10,000,000 Jan 31, 2017
mortgagor/borrower Lexin Ny 551 LLC
mortgagee/lender Principal Life Insurance Company
View on ACRIS ↗
DEED $155,000,000 Jan 31, 2017
grantor/seller 551 Madison Property LLC
grantee/buyer Lexin Ny 551 LLC
View on ACRIS ↗
MORTGAGE $63,000,000 Jun 11, 2013
mortgagor/borrower 551 Madison Property LLC
mortgagee/lender Principal Life Insurance Company
View on ACRIS ↗
SATISFACTION OF MORTGAGE Apr 29, 2013
mortgager/borrower Five Fifty One Madison LLC
mortgagee/lender Commerzbank Ag Formerly Known As Dresdner Bank Ag
View on ACRIS ↗
DEED $128,000,000 Jan 11, 2013
grantor/seller 551 Madison Avenue Office L.L.C.
grantee/buyer 551 Madison Property LLC
View on ACRIS ↗
DEED $87,500,000 Sep 16, 2005
grantor/seller California State Teachers' Retirement System
grantee/buyer 551 Madison Avenue Office L.L.C.
View on ACRIS ↗
DEED Oct 12, 2000
grantor/seller Five Fifty One Madison, L.L.C.
grantee/buyer California State Teachers Retirement System
View on ACRIS ↗
MORTGAGE $18,000,000 Aug 14, 1998
mortgagor/borrower Five Fifth One Mandison L.L.C.
mortgagee/lender Dresdner Bank Ag
View on ACRIS ↗
DEED Feb 2, 1998
grantor/seller 551 Madison Associates; D.S. Winslow Associates
grantee/buyer Five Fifty One Madison, L.L.C.
View on ACRIS ↗
RELEASE May 23, 1996
party 1 Bayerische Landesbank Girozentrale
party 2 Shuwa Corporation Ofnew York
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 20, 1994
assignor/old lender 551 Madison Associates; Shuwa Corporation Ofnew York
assignee/new lender Bayerische Landesbank Girozentrale, Etc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 18, 1994
assignor/old lender Principal Commercialadvisors, Inc.
assignee/new lender Bayerische Landesbank Girozentrale
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 18, 1994
assignor/old lender Principal Commercialadvisors, Inc.
assignee/new lender Bayerische Landesbank Girozentrale
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 7, 1993
assignor/old lender Shuwa Investments Corp
assignee/new lender Principal Commercialetc
View on ACRIS ↗
AGREEMENT Sep 7, 1993
party 1 1330 Realty Co Inc; 551 Madison Associates +1
party 2 Principal Commercialetc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 7, 1993
assignor/old lender Metropolitan Life Ins Co
assignee/new lender Shuwa Investments Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 2, 1993
assignor/old lender Metropolitan Life Ins Co
assignee/new lender Shuwa Insvestments Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 2, 1993
assignor/old lender Shuwa Insvestments Corp
assignee/new lender Principal Commercialetc
View on ACRIS ↗
AGREEMENT Feb 15, 1991
party 1 551 Madison Associates
party 2 Metropolitan Life Ins Co
View on ACRIS ↗
AGREEMENT Nov 13, 1985
party 1 551 Madison Assocs
party 2 Metropolitan Life Ins Co
View on ACRIS ↗
LEASE Nov 13, 1985
lessor/landlord 551 Madison Associates
lessee/tenant 551 Madison Associates
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 13, 1985
assignor/old lender 551 Madison Assocs
assignee/new lender Metropolitan Life Ins Co
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 13, 1985
assignor/old lender Contionential Ill Ntl Bk
assignee/new lender Metropolitan Life Ins Co
View on ACRIS ↗
LEASE Nov 13, 1985
lessor/landlord 551 Madison Associates
lessee/tenant Mellon Bank N A
View on ACRIS ↗
MORTGAGE $1,550,000 Nov 13, 1985
mortgagor/borrower 551 Madison Assocs
mortgagee/lender Metropolitan Life Ins Co
View on ACRIS ↗
AGREEMENT Nov 13, 1985
party 1 Metroplitan Life Ins. Co
party 2 Mellon Bank, N.A.
View on ACRIS ↗
AGREEMENT Oct 16, 1985
party 1 551 Madison Associates
party 2 Continental Ill.Natl,Etc
View on ACRIS ↗
AGREEMENT Oct 16, 1985
party 1 551 Madison Assocs
party 2 Continental Il Ntl B&Tco
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 7, 1985
assignor/old lender 551 Madison Associates
assignee/new lender Continental Illinoisetc
View on ACRIS ↗
MORTGAGE $850,000 May 7, 1985
mortgagor/borrower 551 Madison Associates
mortgagee/lender Continental Illinoisetc
View on ACRIS ↗
POWER OF ATTORNEY May 7, 1985
party one De Matteis, Alfonsol.
party two Aboulafia, Albert
View on ACRIS ↗
MORTGAGE $1,600,000 Jun 14, 1984
mortgagor/borrower 551 Madison Associates
mortgagee/lender Continental Illinoisetc
View on ACRIS ↗
AGREEMENT Jun 14, 1984
party 1 551 Madison Associates
party 2 Continental Illinoisetc
View on ACRIS ↗
SUNDRY AGREEMENT Jul 15, 1983
party 1 551 Madison Associates
View on ACRIS ↗
MORTGAGE $6,000,000 Mar 25, 1983
mortgagor/borrower 551 Madison Assoc.
mortgagee/lender Continental Illinoisetc
View on ACRIS ↗
AGREEMENT Mar 25, 1983
party 1 Carnegie Hill Tower,Inc
party 2 Leon D. Dematteis Etc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 25, 1983
assignor/old lender 551 Madison Associates
assignee/new lender Continental Illinoisetc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 10, 1982
assignor/old lender D.S. Winslow Associates
assignee/new lender Continental Ill/N/Bketc
View on ACRIS ↗
AGREEMENT Mar 10, 1982
party 1 D.S. Winslow Associates
party 2 Continental Ill/N/Bk/Etc
View on ACRIS ↗
MORTGAGE $9,000,000 Jan 20, 1982
mortgagor/borrower D.S. Winslow Associates
mortgagee/lender Continental Ill/Ntl/Etc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 25, 1981
assignor/old lender D S Winslow Associates
assignee/new lender Continental Illnoisetal
View on ACRIS ↗
AGREEMENT Jul 23, 1981
party 1 D S Winslow Associates
party 2 Continental Illns Etal
View on ACRIS ↗
MORTGAGE Apr 6, 1981
mortgagor/borrower D S Winslow Associates
mortgagee/lender Continental Illins Etal
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 6, 1981
assignor/old lender D S Winslow Associates
assignee/new lender Continental Illins Etal
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 13, 1980
assignor/old lender D S Winslow Associates
assignee/new lender Continental Illins Etal
View on ACRIS ↗
MORTGAGE Oct 23, 1980
mortgagor/borrower D S Winslow Associates
mortgagee/lender Continental Illins Etal
View on ACRIS ↗
AGREEMENT Oct 23, 1980
party 1 D S Winslow Associates; Winslow Hotel Corp
party 2 Continental Illins Etal
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 5, 1978
assignor/old lender 45-55 Restaurant Inc
assignee/new lender Felin Associates Inc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender Katz, Adolph; Katz, Curtis
assignee/new lender D S Winslow Assc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender D S Winslow Assc
assignee/new lender Continental Illnoisetal
View on ACRIS ↗
LEASE May 2, 1978
lessor/landlord D S Winslow Assc
lessee/tenant D S Winslow Assc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender New York Bnk Svngs
assignee/new lender Continental Illns Etal
View on ACRIS ↗
LEASE May 2, 1978
lessor/landlord D S Winslow Assc
lessee/tenant D S Winslow Assc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender Felin Assc Inc
assignee/new lender Katz, Simon
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender Katz, Simon
assignee/new lender Continental Illns Etal
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender Jadam Associates Inc
assignee/new lender Katz, Adolph; Katz, Curtis
View on ACRIS ↗
MORTGAGE May 2, 1978
mortgagor/borrower D S Winslow Assoc
mortgagee/lender Continental Illns Etal
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender New York Bnk Svngs
assignee/new lender Continental Illns Etal
View on ACRIS ↗
DEED May 2, 1978
grantor/seller E K Realty Co
grantee/buyer D S Winslow Assc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE May 2, 1978
assignor/old lender Katz, Simon
assignee/new lender D S Winslow Assc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 9, 1978
assignor/old lender C H O Enterprses Inc
assignee/new lender Katz, Simon
View on ACRIS ↗
RELEASE OF ESTATE TAX LIEN Nov 15, 1977
decedent Nacht, Fedora Decd
View on ACRIS ↗
RELEASE OF ESTATE TAX LIEN Nov 15, 1977
decedent Nacht, Fedora Decd
View on ACRIS ↗
DEED Nov 7, 1977
grantor/seller Pecan Realty Inc
grantee/buyer E K Realty Co
View on ACRIS ↗
DEED Oct 13, 1977
grantor/seller Nacht, Fedora Decd Ex
grantee/buyer Pecan Realty Inc
View on ACRIS ↗
LEASE Jul 19, 1976
lessor/landlord Felomer Inc
lessee/tenant Jadam Assc Inc
View on ACRIS ↗
DEED Jul 19, 1976
grantor/seller Felomer Inc
grantee/buyer Nacht, Fedora Decd Ex
View on ACRIS ↗
LEASE Jan 25, 1974
lessor/landlord Felomer Inc
lessee/tenant Jadam Assoc Inc
View on ACRIS ↗
AGREEMENT Jan 4, 1973
party 1 Felomer Inc
party 2 New York Bnk Svngs
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 4, 1973
assignor/old lender Felomer Inc
assignee/new lender New York Bnk Svngs
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Nov 22, 1968
assignor/old lender Winslow Assoc. Inc.
assignee/new lender Jodam Assoc. Inc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 25, 1967
assignor/old lender Leader Durst Winslowco
assignee/new lender C.H.O. Enterprises Inc.
View on ACRIS ↗
DOB violations — total 63 · open 22 · dismissed 17
Boiler Active Nov 14, 2025
VIOLATION ISSUED-FAILURE TO FILE 2024 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Elevators Active Oct 10, 2025
BIS ↗
Elevators Active Oct 11, 2024
BIS ↗
Show all 63
Elevators Active Oct 11, 2024
BIS ↗
Elevators Active Oct 11, 2024
BIS ↗
Boiler Active Sep 23, 2024
VIOLATION ISSUED-FAILURE TO FILE 2023 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Active Sep 23, 2024
VIOLATION ISSUED-FAILURE TO FILE 2023 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Facades Active Feb 22, 2024
FAILED TO FILE FISP CYCLE 9C TECHNICAL REPORT BY 2/21/2024
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Active Oct 23, 2023
BIS ↗
Elevators Dismissed Oct 2, 2023
BIS ↗
Boiler Active Apr 25, 2023
VIOLATION ISSUED-FAILURE TO FILE 2022 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Boiler Active Apr 25, 2023
VIOLATION ISSUED-FAILURE TO FILE 2022 EXTERNAL LOW PRESSURE INSPECTION
BIS ↗
Sprinklers Active Nov 12, 2019
FAILED TO FILE FINAL SPRINKLER REPORT BY JULY 1, 2019
BIS ↗
Facades Active Apr 30, 2019
BIS ↗
Facades Dismissed Mar 1, 2019
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Nov 22, 2016
BIS ↗
FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED Dismissed Dec 31, 2013
FAILED TO FILE FISP CYCLE 7C TECHNICAL REPORT BY 02/21/2013
BIS ↗
Benchmarking - LL84 Dismissed Jun 3, 2013
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Mar 14, 2013
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 26, 2012
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 26, 2012
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 26, 2012
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 11, 2011
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 11, 2011
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jul 11, 2011
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Sep 16, 2009
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Sep 16, 2009
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Sep 16, 2009
BIS ↗
Emergency Power Dismissed Mar 31, 2008
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jun 20, 2007
BIS ↗
LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Apr 2, 2007
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Jun 19, 2006
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Dec 30, 2004
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 13, 2004
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Oct 14, 2003
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Oct 14, 2003
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Oct 14, 2003
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 19, 2003
BIS ↗
L1198-LOCAL LAW 11/98 - FACADE FACADE REQUIRED Active Aug 8, 2002
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 26, 2002
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 7, 2000
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 7, 2000
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Nov 15, 1999
1P11625
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Nov 15, 1999
1P11626
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Nov 15, 1999
1P11627
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Feb 10, 1997
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 18, 1994
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 18, 1993
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 18, 1993
BIS ↗
LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED Dismissed Mar 18, 1993
BIS ↗
LL1080-LOCAL LAW 10/80 - FACADE FACADE OPTIONAL Dismissed Jul 1, 1992
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Oct 24, 1989
(74)REPAIR ELECTRICAL EYES
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 28, 1989
(51)REPAIR ELETRICAL EYES
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 28, 1989
BIS ↗
E-ELEVATOR ELEVATORREQUIRED Resolved Apr 28, 1989
BIS ↗
DOB complaints — total 27 · open 0 · closed 27
Plumbing – defective/leaking/not maintained Closed Jan 11, 2024
Complaint 1657751
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Jan 24, 2020
Complaint 1534439
View on BIS ↗
Permit – none (building/PA/demolition) Closed Apr 16, 2018
Complaint 1476687
View on BIS ↗
Show all 27
Permit – none (building/PA/demolition) Closed Jan 23, 2015
Complaint 1388168
View on BIS ↗
Category 4B Closed Dec 11, 2012
Complaint 1339144
View on BIS ↗
Category 4B Closed Nov 27, 2012
Complaint 1338144
View on BIS ↗
Category 4B Closed Sep 4, 2012
Complaint 1332932
View on BIS ↗
Category 4C Closed May 21, 2012
Complaint 1325508
View on BIS ↗
Permit – none (building/PA/demolition) Closed Mar 10, 2010
Complaint 1277205
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Mar 17, 2009
Complaint 1251438
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Jun 2, 2008
Complaint 1226425
View on BIS ↗
Sidewalk shed/scaffold – none/inadequate/defective Closed Dec 1, 2007
Complaint 1210597
View on BIS ↗
Construction – contrary to/beyond approved plans Closed Feb 13, 2007
Complaint 1186054
View on BIS ↗
Safety net/guardrail – damaged/inadequate/none Closed Nov 4, 2004
Complaint 1131526
View on BIS ↗
Permit – none (building/PA/demolition) Closed Dec 8, 1999
Complaint 1072099
View on BIS ↗
Debris – excessive Closed Nov 18, 1999
Complaint 1071645
View on BIS ↗
Category 54 Closed Sep 30, 1999
Complaint 1070390
View on BIS ↗
Vent/exhaust – illegal/improper Closed Jul 9, 1998
Complaint 1059226
View on BIS ↗
Vent/exhaust – illegal/improper Closed Jul 1, 1998
Complaint 1059036
View on BIS ↗
Vent/exhaust – illegal/improper Closed Jun 25, 1998
Complaint 1058888
View on BIS ↗
Permit – none (building/PA/demolition) Closed Mar 23, 1998
Complaint 1056167
View on BIS ↗
Failure to maintain Closed Mar 23, 1998
Complaint 1056171
View on BIS ↗
Permit – none (building/PA/demolition) Closed Mar 23, 1998
Complaint 1056170
View on BIS ↗
Permit – none (building/PA/demolition) Closed Oct 7, 1996
Complaint 1044552
View on BIS ↗
Category 54 Closed Jun 8, 1995
Complaint 1035364
View on BIS ↗
Certificate of occupancy – none/illegal/contrary Closed Dec 26, 1991
Complaint 1017184
View on BIS ↗
Category 32 Closed May 30, 1990
Complaint 1007063
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL1012910021
SWIS620100
Parcel ID6201001012910021

Who owns 551 Madison Avenue?

551 Madison Avenue, Manhattan is owned by Lexin Ny 551 LLC per the 2025 NYS assessment roll. It last sold for $155,000,000 in Jan 2017.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

Search by name or address · Browse all records