Manhattan / Upper East Side-Carnegie Hill / 10128
1240 MADISON AVENUE
Boro1
Block1501
Lot16
BBL1015010016
Residential units
60
Units in total
67
Storeys
12
Year built
1925
Last alteration on file
1988
Recorded transfers
41 since 2003
01
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 4 Feb 2026 | $995,000 | 8E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Jan 2026 | $5,450,000 | 10A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 6 Oct 2025 | $995,000 | 10E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Nov 2024 | $4,650,000 | 2A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Jun 2024 | $2,575,000 | 8B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 May 2024 | $2,300,000 | 3B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Apr 2024 | $995,000 | 5E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Feb 2024 | $4,575,000 | 8C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 5 Jun 2023 | $4,310,000 | 11A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 May 2023 | $3,229,100 | 4B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 6 Jul 2022 | $1,385,000 | 7E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 29 Apr 2022 | $4,750,000 | 9C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Jan 2022 | $1,125,000 | 12E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Aug 2021 | $3,375,000 | 6D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 11 Mar 2021 | $4,900,000 | 12A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 30 Dec 2020 | $3,500,000 | 12D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 29 Dec 2020 | $2,800,000 | 12C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Sep 2018 | $11,000,000 | 13B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 23 Aug 2018 | $2,191,628 | 4B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 4 May 2017 | $2,550,000 | 9B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 4 Aug 2016 | $3,995,000 | 8C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 May 2016 | $3,700,000 | 7D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 25 Aug 2015 | $3,300,000 | 2D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Jul 2015 | $4,400,000 | 9C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 25 Jul 2013 | $5,775,000 | 3A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Jul 2013 | $1,175,000 | 2E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Jul 2012 | $707,500 | 1E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Aug 2011 | $850,000 | 4E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Jun 2011 | $5,350,000 | 8A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 31 Aug 2010 | $790,000 | 2E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Feb 2010 | $615,000 | 1E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 29 Jul 2009 | $4,200,000 | 9A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 31 Jul 2008 | $4,300,000 | 7C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Jun 2008 | $45,203 | 13 B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Oct 2007 | $1,045,000 | 7E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Jul 2007 | $5,325,000 | 11D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Apr 2007 | $400,000 | 1A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 Sep 2005 | $2,150,000 | 12B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 3 Feb 2005 | $990,000 | 11E | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 15 Oct 2004 | $3,245,200 | 7C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 41 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them. | ||||
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2026 | 2 | $3,222,500 | $995,000 | $5,450,000 |
| 2025 | 1 | $995,000 | - | - |
| 2024 | 5 | $2,575,000 | $995,000 | $4,650,000 |
| 2023 | 2 | $3,769,550 | $3,229,100 | $4,310,000 |
| 2022 | 3 | $1,385,000 | $1,125,000 | $4,750,000 |
| 2021 | 2 | $4,137,500 | $3,375,000 | $4,900,000 |
| 2020 | 2 | $3,150,000 | $2,800,000 | $3,500,000 |
| 2018 | 2 | $6,595,814 | $2,191,628 | $11,000,000 |
| 2017 | 1 | $2,550,000 | - | - |
| 2016 | 2 | $3,847,500 | $3,700,000 | $3,995,000 |
| 2015 | 2 | $3,850,000 | $3,300,000 | $4,400,000 |
| 2013 | 2 | $3,475,000 | $1,175,000 | $5,775,000 |
| 2012 | 1 | $707,500 | - | - |
| 2011 | 2 | $3,100,000 | $850,000 | $5,350,000 |
| 2010 | 2 | $702,500 | $615,000 | $790,000 |
| 2009 | 1 | $4,200,000 | - | - |
| 2008 | 2 | $2,172,602 | $45,203 | $4,300,000 |
| 2007 | 3 | $1,045,000 | $400,000 | $5,325,000 |
| 2005 | 2 | $1,570,000 | $990,000 | $2,150,000 |
| 2004 | 2 | $2,672,600 | $2,100,000 | $3,245,200 |
02
The building on the lot
Section through the lot
Lot area
16,586 sq ft
Building area
156,287 sq ft
Residential area
150,187 sq ft
Commercial area
6,100 sq ft
Office area
1,000 sq ft
Retail area
5,100 sq ft
Buildings on the lot
1
Built floor area ratio
9.42
Residential FAR permitted
10
Zoning district
R10
03
Assessment
Assessed land value
$2,871,000
Assessed total value
$23,130,000
Exempt value
$102,420
Assessed per residential unit
$385,500
Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.
04
Classification and location
Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Upper East Side-Carnegie Hill
ZIP code
10128
Community district
Manhattan 8
Council district
4
Coordinates
40.783138, -73.957647
05
Other buildings in Upper East Side-Carnegie Hill
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1524 3 AVENUE | D6 | 430 | 1967 | 1 | - |
| 150 EAST 69TH STREET | D4 | 378 | 1959 | 314 | $1.90m |
| 1150 MADISON AVENUE | D6 | 343 | 1923 | 1 | - |
| 1680 3 AVENUE | D6 | 280 | 1980 | 1 | - |
| 1239 MADISON AVENUE | RM | 251 | 1969 | 192 | $2.88m |
| 118 EAST 60 STREET | D4 | 234 | 1963 | 239 | $669k |
| 1538 3 AVENUE | RM | 229 | 1991 | 261 | $1.72m |
| 171 EAST 84 STREET | RM | 217 | 1987 | 209 | $1.40m |
| 120 EAST 87 STREET | RM | 214 | 1981 | 249 | $999k |
| 48 EAST 89 STREET | D4 | 210 | 1973 | 168 | $1.74m |
| 800 5 AVENUE | D8 | 208 | 1979 | 0 | - |
| 1327 MADISON AVENUE | RM | 205 | 1984 | 171 | $1.93m |