Manhattan / Upper East Side-Carnegie Hill / 10075
987 MADISON AVENUE
Boro1
Block1391
Lot54
BBL1013910054
Residential units
42
Units in total
46
Storeys
15
Year built
1930
Last alteration on file
2020
Recorded transfers
33 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 | $7,200,000 | 11B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 29 Oct 2025 | $9,000,000 | 11C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 1 May 2025 | $9,300,000 | 12CD | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 5 Mar 2024 | $6,550,000 | 6C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Aug 2022 | $5,550,000 | 9A | SINGLE RESIDENTIAL COOP UNIT | RPTT |
| 14 Jun 2022 | $9,690,000 | 9C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 9 May 2022 | $7,750,000 | 12CD | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 3 Aug 2021 | $5,500,000 | PHA | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 14 Jan 2021 | $2,050,000 | 10D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 25 Oct 2019 | $4,995,000 | 5A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Jun 2019 | $6,550,000 | 9A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 17 Jan 2019 | $4,200,000 | 7A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Sep 2016 | $4,300,000 | 3B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Mar 2016 | $8,450,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 1 Feb 2016 | $5,900,000 | - | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Oct 2015 | $3,900,000 | 4A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Jun 2015 | $8,484,000 | 8A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Mar 2015 | $6,325,000 | 3C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 29 Apr 2014 | $3,900,000 | 15B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Dec 2012 | $1,995,000 | 7C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 9 Sep 2011 | $4,802,000 | 5B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 12 Apr 2011 | $6,350,000 | 5C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 13 Dec 2010 | $4,675,000 | 11B | SINGLE RESIDENTIAL COOP UNIT | RPTT |
| 28 Sep 2010 | $950,000 | 2C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 1 Sep 2010 | $5,601,000 | 11C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Jun 2008 | $4,500,000 | 7A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 19 Jul 2007 | $1,995,000 | 7-C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Jul 2007 | $4,700,000 | 12A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 8 May 2007 | $4,920,000 | 10B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 2 Aug 2006 | $3,895,000 | 9A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 28 Jun 2006 | $4,125,000 | 6B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 22 Nov 2005 | $1,450,000 | 10D | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 May 2004 | $4,100,000 | 8A | SINGLE RESIDENTIAL COOP UNIT | RPTT |
- 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
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2026 | 1 | $7,200,000 | - | - |
| 2025 | 2 | $9,150,000 | $9,000,000 | $9,300,000 |
| 2024 | 1 | $6,550,000 | - | - |
| 2022 | 3 | $7,750,000 | $5,550,000 | $9,690,000 |
| 2021 | 2 | $3,775,000 | $2,050,000 | $5,500,000 |
| 2019 | 3 | $4,995,000 | $4,200,000 | $6,550,000 |
| 2016 | 3 | $5,900,000 | $4,300,000 | $8,450,000 |
| 2015 | 3 | $6,325,000 | $3,900,000 | $8,484,000 |
| 2014 | 1 | $3,900,000 | - | - |
| 2012 | 1 | $1,995,000 | - | - |
| 2011 | 2 | $5,576,000 | $4,802,000 | $6,350,000 |
| 2010 | 3 | $4,675,000 | $950,000 | $5,601,000 |
| 2008 | 1 | $4,500,000 | - | - |
| 2007 | 3 | $4,700,000 | $1,995,000 | $4,920,000 |
| 2006 | 2 | $4,010,000 | $3,895,000 | $4,125,000 |
| 2005 | 1 | $1,450,000 | - | - |
| 2004 | 1 | $4,100,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
13,702 sq ft
Building area
142,110 sq ft
Residential area
127,960 sq ft
Commercial area
14,150 sq ft
Office area
4,000 sq ft
Retail area
10,150 sq ft
Buildings on the lot
1
Built floor area ratio
10.37
Residential FAR permitted
10
Zoning district
C5-1
03
Assessment
Assessed land value
$5,040,000
Assessed total value
$21,129,750
Exempt value
$112,237
Assessed per residential unit
$503,089
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
10075
Community district
Manhattan 8
Council district
4
Coordinates
40.77467, -73.962891
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 |