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550 Madison Avenue

550 Madison Avenue, New York, NY 10022
Property in Midtown
7 Units
The home was built in 1984 and is 40 years old. The linear feet between the front and back of the lot was measured at 189 ft and the front of the lot was measured at 201 ft. This is a 37 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $159,455,250. If we break it down further, the land itself was valued at $28,485,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Building Count: 1
  • Floor Count: 37
  • Total Unit Count: 7
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 36,803
  • Lot Size Depth Feet: 189
  • Lot Size Frontage Feet: 201
  • Building Depth: 99
  • Building Frontage: 200
  • Gross Building Area: 685,125

    Building Floor Area

  • Commercial Building Floor Area: 685,125
  • Office Building Floor Area: 636,077
  • Retail Building Floor Area: 17,863
  • Other Building Floor Area: 31,185

    Floor Area Ratio

  • Built Floor Area Ratio: 19
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 15
  • Facilities Floor Area Ratio: 15

Building

  • Building Type: O4
  • Lot Type: 3
  • Land Use: 05
  • Irregular Lot Code: Y
  • Proximity Code: 3
  • Extension Code: E

Neighborhood

  • Community District: 105
  • City Council District: 4
  • Landmark Name: INDIVIDUAL LANDMARK
  • Police Precinct: 18
  • Fire Company: E023
  • Health Area: 4800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 2B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: Y
  • Zoning: C5-3
  • Zoning District 2: C5-2.5
  • Special Purpose District 1: MiD

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1291
  • Lot: 10
  • Borough Block Lot: 1012910010

    Address

  • Full Address: 550 Madison Avenue
  • Zip Code: 10022

Valuation

    Assessments Valuation

  • Assessed Total Value: $159,455,250
  • Assessed Land Value: $28,485,000

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 550 Madison Avenue located in?
The 550 Madison Avenue is a located in the neighborhood of Midtown in Midtown Manhattan, New York.
What is the average sales price for listings in 550 Madison Avenue?
The average sales price for units in 550 Madison Avenue is $0 currently.

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