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Manhattan / Upper East Side-Carnegie Hill / 10065

721 MADISON AVENUE

Boro1
Block1378
Lot48
BBL1013780048
Class D4Upper East Side Historic District
Residential units
27
Units in total
32
Storeys
10
Year built
1908
Last alteration on file
-
Recorded transfers
17 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
9 Jul 2026$3,760,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jul 2025$1,900,0007NESINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jan 2025$964,2754NSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Dec 2024$8,994,0008NESINGLE RESIDENTIAL COOP UNIT2 lotsRPTT&RET
22 Nov 2022$2,650,0005NESINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Dec 2021$1,750,0007NESINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Dec 2021$13,000,0009WSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Aug 2021$10,000,0006NWSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Nov 2020$15,350,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jun 2019$9,950,0009ESINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Aug 2012$21,000,00010WSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Feb 2010$6,300,0008 ESINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Oct 2009$2,250,0002NESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Sep 2009$6,200,0004WSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2008$1,865,0005NESINGLE RESIDENTIAL COOP UNITRPTT
8 Nov 2007$12,300,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jan 2005$5,625,0007ESINGLE RESIDENTIAL COOP UNITRPTT&RET
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20261$3,760,000--
20252$1,432,138$964,275$1,900,000
20241$8,994,000--
20221$2,650,000--
20213$10,000,000$1,750,000$13,000,000
20201$15,350,000--
20191$9,950,000--
20121$21,000,000--
20101$6,300,000--
20092$4,225,000$2,250,000$6,200,000
20081$1,865,000--
20071$12,300,000--
20051$5,625,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 13,305 SQ FT10
Drawn from PLUTO: 10 storeys, 106,163 sq ft of building on 13,305 sq ft of lot, an average floor plate covering 80% of it. The dashed outline is the difference between the floor area ratio already built (7.98) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
13,305 sq ft
Building area
106,163 sq ft
Residential area
95,547 sq ft
Commercial area
10,616 sq ft
Office area
-
Retail area
10,616 sq ft
Buildings on the lot
1
Built floor area ratio
7.98
Residential FAR permitted
10
Zoning district
C5-1
03

Assessment

Assessed land value
$3,406,500
Assessed total value
$16,255,800
Exempt value
$21,600
Assessed per residential unit
$602,067

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
10065
Community district
Manhattan 8
Council district
4
Coordinates
40.766391, -73.968939
05

Other buildings in Upper East Side-Carnegie Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1524 3 AVENUED643019671-
150 EAST 69TH STREETD43781959314$1.90m
1150 MADISON AVENUED634319231-
1680 3 AVENUED628019801-
1239 MADISON AVENUERM2511969192$2.88m
118 EAST 60 STREETD42341963239$669k
1538 3 AVENUERM2291991261$1.72m
171 EAST 84 STREETRM2171987209$1.40m
120 EAST 87 STREETRM2141981249$999k
48 EAST 89 STREETD42101973168$1.74m
800 5 AVENUED820819790-
1327 MADISON AVENUERM2051984171$1.93m

Every building on file in Upper East Side-Carnegie Hill