1040 Madison, Inc.

1040 Madison, Inc. is a Co-op located 31 East 79th Street, in Upper East Side, New York. The building was first built in 1925 and is 99 years old. The lot that the building was built on is 69 feet wide and 71 feet long. The official lot area is listed as 5,143 square feet. The building itself is 67 feet wide and 67 feet long. In total, 31 East 79th Street has a total floor area of 60,947 square feet. Of that, 58,947 square feet are used for residential purposes. About 2,000 square feet of the building are used for commercial purposes. There are a total of 19 units. Of those, 18 are residential units. There is one commercial unit. 31 East 79th Street has a total of 14 floors. Thankfully, the building is equipped with elevator service. Residents can access the three elevators in 31 East 79th Street.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 15 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 159 days Meaning, listings tend to sell at a median of $1,727 price per square foot. The transaction that took the longest to complete was unit 7E, listed on Sep 04, 2020 for $4,350,000. This particular unit ultimately sold 272 days later for $4,000,000. The most recent transaction was for unit 13E, sold for $1 on Sep 26, 2023. Fun fact, the oldest transaction we have on record took place on Feb 15, 2006. See the full transaction history for 1040 Madison, Inc. below.

Upper East Side, where 31 East 79th Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $3,417,500. For interested buyers, that means the building's median asking price is around 2.64% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.