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Manhattan / Midtown South-Flatiron-Union Square / 10016

80 MADISON AVENUE

Boro1
Block858
Lot14
BBL1008580014
Class D6
Residential units
56
Units in total
61
Storeys
8
Year built
1923
Last alteration on file
1981
Recorded transfers
1 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
30 Sep 2022$40,768,685-APARTMENT BUILDINGRPTT&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.
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,038 SQ FT8
Drawn from PLUTO: 8 storeys, 60,110 sq ft of building on 7,038 sq ft of lot, an average floor plate covering 100% of it. The dashed outline is the difference between the floor area ratio already built (8.54) 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
7,038 sq ft
Building area
60,110 sq ft
Residential area
49,872 sq ft
Commercial area
10,238 sq ft
Office area
5,500 sq ft
Retail area
4,738 sq ft
Buildings on the lot
1
Built floor area ratio
8.54
Residential FAR permitted
10
Zoning district
C5-2
03

Assessment

Assessed land value
$1,858,500
Assessed total value
$9,153,450
Exempt value
$0
Assessed per residential unit
$163,454

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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Midtown South-Flatiron-Union Square
ZIP code
10016
Community district
Manhattan 5
Council district
2
Coordinates
40.744274, -73.985842
05

Other buildings in Midtown South-Flatiron-Union Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
7 EAST 14 STREETD44951965489$800k
6 WEST 16 STREETD44811964464$847k
241 WEST 28 STREETD648020211-
132 WEST 32 STREETRM45820051-
56 WEST 23 STREETD643120000-
7 WEST 14 STREETD44301964418$885k
5 EAST 22 STREETRM4231985418$1.58m
10 EAST 28 STREETD641619121-
55 WEST 25 STREETD640720050-
7 EAST 28 STREETD840419981-
776 AVENUE OF THE AMERICASD838720001-
855 AVENUE OF THE AMERICASRM38220140-

Every building on file in Midtown South-Flatiron-Union Square