50 South Madison Avenue

This has been categorized as a commercial property type. In total, the area measurement of the land is 23,478,840 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 13, 2023 for $250,000. Prior to that sales transaction, the property was also sold in Dec 13, 2022 for $250,000. 50 South Madison Avenue was last assessed in 2022. The total value of the property was assessed at $298,000. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $253,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,301. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.