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Manhattan / Midtown-Times Square / 10016

242 MADISON AVENUE

Boro1
Block867
Lot57
BBL1008670057
Class D4
Residential units
180
Units in total
186
Storeys
16
Year built
1916
Last alteration on file
1977
Recorded transfers
232 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.

RecordedConsiderationUnitWhat transferredInstrument
10 Feb 2026$720,00015ISINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Feb 2026$640,00016BSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Dec 2025$625,00012BSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2025$519,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Oct 2025$525,000PHESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jul 2025$640,0004ISINGLE RESIDENTIAL COOP UNITRPTT&RET
13 May 2025$660,00010LSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 May 2025$631,00012ASINGLE RESIDENTIAL COOP UNITRPTT&RET
6 May 2025$620,0007ASINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Apr 2025$670,00015HSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Apr 2025$1,285,0006I6JSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Oct 2024$570,0007BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Aug 2024$360,00015FSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jun 2024$525,0005DSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Feb 2024$606,00016ISINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Dec 2023$633,0008BSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Aug 2023$532,5006KSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Aug 2023$645,00011BSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jul 2023$496,0005CSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jul 2023$460,0004JSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Jun 2023$880,0007HSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Feb 2023$390,0004CSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Jan 2023$550,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Jan 2023$450,0008CSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Sep 2022$420,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Sep 2022$476,00010CSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Jul 2022$510,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jun 2022$728,0002HSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Jun 2022$465,0009JSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 May 2022$578,00010BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 May 2022$600,00015BSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 May 2022$725,00015ISINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Apr 2022$550,00011ASINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Feb 2022$1,040,00012DESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Feb 2022$530,0003KSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Feb 2022$885,0003EFSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Feb 2022$1,675,0008HISINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jan 2022$490,00016CSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jan 2022$380,0005FSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Dec 2021$530,00011SINGLE RESIDENTIAL COOP UNITRPTT&RET
232 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

YearTransfersMedian recordedLowestHighest
20262$680,000$640,000$720,000
20259$631,000$519,000$1,285,000
20244$547,500$360,000$606,000
20239$532,500$390,000$880,000
202215$550,000$380,000$1,675,000
20219$470,000$410,000$530,000
20207$560,000$437,500$725,000
20199$565,000$470,000$705,000
20187$545,000$517,500$735,000
201711$545,000$487,500$860,000
20169$540,000$420,000$969,000
201510$552,500$370,000$725,000
20149$530,000$382,000$1,375,000
20137$445,000$395,000$1,865,000
201220$400,000$275,000$899,000
20117$450,000$297,000$700,000
20107$488,000$325,000$675,000
200913$449,000$320,000$625,000
200813$507,500$399,000$1,857,000
200710$508,500$200,000$575,000
200614$423,500$340,000$600,000
200515$367,500$151,500$795,000
200416$332,000$290,000$682,000
02

The building on the lot

Section through the lot

LOT 9,381 SQ FT16
Drawn from PLUTO: 16 storeys, 142,836 sq ft of building on 9,381 sq ft of lot, an average floor plate covering 95% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
9,381 sq ft
Building area
142,836 sq ft
Residential area
136,811 sq ft
Commercial area
6,025 sq ft
Office area
-
Retail area
6,025 sq ft
Buildings on the lot
1
Built floor area ratio
15.23
Residential FAR permitted
10
Zoning district
C5-2
03

Assessment

Assessed land value
$2,119,500
Assessed total value
$19,978,200
Exempt value
$168,895
Assessed per residential unit
$110,990

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
Midtown-Times Square
ZIP code
10016
Community district
Manhattan 5
Council district
4
Coordinates
40.75021, -73.981521
05

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Every building on file in Midtown-Times Square