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Manhattan / Upper East Side-Carnegie Hill / 10021

898 MADISON AVENUE

Boro1
Block1387
Lot14
BBL1013870014
Class D4Upper East Side Historic District
Residential units
34
Units in total
35
Storeys
17
Year built
1937
Last alteration on file
2008
Recorded transfers
23 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
21 Oct 2024$8,400,0009/10DSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Oct 2024$7,400,0009/10CSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Aug 2024$6,700,0007/8CSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jun 2023$215,000SR16SINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jun 2023$218,010SR4SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Feb 2023$430,000S1617SINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Sep 2022$9,950,0006ASINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Sep 2022$235,000SR-9SINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jun 2019$13,500,00016-ASINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Feb 2017$200,000MR 5SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jul 2014$7,117,5005/6CSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jun 2014$12,200,0005/6DSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Apr 2014$5,000,0009/10BSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Mar 2014$202,800SR 6SINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Dec 2013$14,000,00011ASINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Nov 2012$5,500,0007 8BSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Mar 2009$4,000,0003-4CSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jul 2007$15,000,00011 12SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Feb 2007$12,700,0003ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Oct 2006$425,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Jun 2006$10,000,0005 6DSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jan 2005$12,311,750PH-ASINGLE RESIDENTIAL COOP UNITRPTT
12 Jan 2005$449,750SR8SINGLE RESIDENTIAL COOP UNITRPTT
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
20243$7,400,000$6,700,000$8,400,000
20233$218,010$215,000$430,000
20222$5,092,500$235,000$9,950,000
20191$13,500,000--
20171$200,000--
20144$6,058,750$202,800$12,200,000
20131$14,000,000--
20121$5,500,000--
20091$4,000,000--
20072$13,850,000$12,700,000$15,000,000
20062$5,212,500$425,000$10,000,000
20052$6,380,750$449,750$12,311,750
02

The building on the lot

Section through the lot

LOT 15,111 SQ FT17
Drawn from PLUTO: 17 storeys, 188,158 sq ft of building on 15,111 sq ft of lot, an average floor plate covering 73% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
15,111 sq ft
Building area
188,158 sq ft
Residential area
178,158 sq ft
Commercial area
10,000 sq ft
Office area
-
Retail area
10,000 sq ft
Buildings on the lot
1
Built floor area ratio
12.45
Residential FAR permitted
10
Zoning district
C5-1
03

Assessment

Assessed land value
$5,985,000
Assessed total value
$26,291,250
Exempt value
$43,200
Assessed per residential unit
$773,272

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
10021
Community district
Manhattan 8
Council district
4
Coordinates
40.772173, -73.965608
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