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551 Madison Avenue

551 Madison Avenue, New York, NY 10022
Property in Midtown
1 Unit
The home was built in 1922 and is 102 years old. The linear feet between the front and back of the lot was measured at 100 ft and the front of the lot was measured at 75 ft. This is a 17 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. As a result of that assessment, the total value of the property was placed at $25,244,550. To break that down further, the land itself was valued at $5,760,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1922
  • First Altered Year: 1982
  • Building Count: 1
  • Floor Count: 17
  • Total Unit Count: 1
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 7,541
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 75
  • Building Depth: 100
  • Building Frontage: 75
  • Gross Building Area: 125,495

    Building Floor Area

  • Commercial Building Floor Area: 125,495
  • Office Building Floor Area: 108,130
  • Retail Building Floor Area: 17,365

    Floor Area Ratio

  • Built Floor Area Ratio: 17
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 15
  • Facilities Floor Area Ratio: 15

Building

  • Building Type: O6
  • Lot Type: 3
  • Land Use: 05
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 105
  • City Council District: 4
  • Police Precinct: 18
  • Fire Company: E008
  • Health Area: 4800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 2B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C5-3
  • Special Purpose District 1: MiD

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1291
  • Lot: 21
  • Borough Block Lot: 1012910021

    Address

  • Full Address: 551 Madison Avenue
  • Zip Code: 10022

Valuation

    Assessments Valuation

  • Assessed Total Value: $25,244,550
  • Assessed Land Value: $5,760,000

    Exemptions

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

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 551 Madison Avenue located in?
The 551 Madison Avenue is a located in the neighborhood of Midtown in Midtown Manhattan, New York.
What is the average sales price for listings in 551 Madison Avenue?
The average sales price for units in 551 Madison Avenue is $0 currently.

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