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237 Madison Avenue, New York, NY 10016 Property Information

237 Madison Avenue, New York, NY 10016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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237 Madison Avenue, New York, NY 10016 3
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Address

Primary address 237 Madison Avenue
Secondary address 237 A Madison Ave
Neighborhood Murray Hill
Zip code 10016
Borough Manhattan
Block & lot 00867-0020

Sales & Tax Overview for 237 Madison Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 07/17/2017
Purchase price $37,000,000
Tax class
Estimated property tax $951,521

Lot & Building Information for 237 Madison Avenue, New York

Lot sqft 4,975
Lot dimensions 49.75 ft x 100 ft
Building class Limited Service - Many Affiliated with National Chain (H3) i
Building sqft 71,043
Building dimensions 50 ft x 98 ft
Buildings on lot 1
Stories 17
Structure type Hotel
Building material Fireproof steel
Year built 1926
Year last altered 2011
Frontage(s) Madison Avenue (wide)
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Zoning & Use for 237 Madison Avenue, New York

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.71 Miles
Closest fire station 0.35 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 237 Madison Avenue, New York

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Floor area ratio (FAR) for 237 Madison Avenue, New York, NY 10016, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 237 Madison Avenue, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 237 A Madison Ave, New York, NY 10016

About 237 Madison Avenue, New York

How many square feet does 237 Madison Avenue, New York, NY 10016 have?

This Limited Service - Many Affiliated with National Chain (H3) located at 237 Madison Avenue, New York, NY 10016 has a total of 71,043 square feet.

What is the year built & the current market value of 237 Madison Avenue, New York, NY 10016?

237 Madison Avenue, New York, NY 10016 was built in 1926 and has a current tax assessor's market value of $19,648,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 237 Madison Avenue, New York

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Property owner name for 237 Madison Avenue, New York, NY 10016
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Building contacts for 237 Madison Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 237 Madison Avenue, New York

Create a free account to view the complete sales history for 237 Madison Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/17/2017 $37,000,000
05/23/2011 $46,073,800
07/25/2007 $61,010,969
       
       
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*Here are the three most recent sales for this property.

Title Documents for 237 Madison Avenue, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/24/2022 - D
10/26/2022 - R
Satisfaction of Mortgage
(2022102600671001)
07/02/2019 - D
07/11/2019 - R
Mortgage and Consolidation
(2019070800581001)
11/01/2018 - D
11/02/2018 - R
Mortgage
(2018092400908002)
11/01/2018 - D
11/02/2018 - R
Correction Deed
(2018092400908001)
12/18/2017 - D
12/22/2017 - R
Mortgage
(2017121900812001)
07/17/2017 - D
07/25/2017 - R
Mortgage
(2017072000586005)
07/17/2017 - D
07/25/2017 - R
Deed
(2017072000586004)
07/17/2017 - D
07/25/2017 - R
Termination of Lease or Memo
(2017072000586003)
07/17/2017 - D
07/25/2017 - R
Termination of Agreement
(2017072000586002)
07/17/2017 - D
07/25/2017 - R
Termination of Agreement
(2017072000586001)
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R: Recorded date
D: Document date

Property Taxes for 237 Madison Avenue, New York

Access detailed property tax data for 237 Madison Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $896,652
Estimated property tax: $951,521
Tax assessor's market value: $19,648,000
Assessed value: $8,841,600

Assessment History for 237 Madison Avenue, New York

Here's the assessment & property tax history for 237 Madison Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $19,648,000 $8,841,600 $8,265,600 10.848% $896,652 $896,652 -2.72%
2024/25 $19,033,000 $8,564,850 $8,564,850 10.762% $921,749 $921,749 +2.89%
2023/24 $18,795,000 $8,457,750 $8,457,750 10.592% $895,845 $895,845 +7.60%
2022/23 $17,379,000 $7,820,550 $7,820,550 10.646% $832,576 $832,576 +1.28%
2021/22 $16,985,000 $7,643,250 $7,643,250 10.755% $822,032 $822,032 -30.48%

Permits for 237 Madison Avenue, New York

The complete history of permits filed for 237 Madison Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
06/17/2025 Alteration CO
01/15/2025 Alteration
01/13/2025 No work
01/13/2025 Alteration CO
08/30/2024 Alteration
08/20/2024 Alteration
05/10/2024 Alteration
05/10/2024 Alteration
01/29/2024 Alteration
01/29/2024 Alteration
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Murray Hill Residential Market Stats

Access a detailed real estate market overview of Murray Hill so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Murray Hill and compare it to other neighborhoods in Manhattan.

Median Sale Price
$625,206
10.4% YoY
Median Price/Sqft
$766
-35.8% YoY
Manhattan Median Sale Price
$1,100,000
1.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Park Ave & 42nd St at SE Corner
Station lines GS-4-5-6-7
Distance (miles) 0.218
View subway map
Bus Routes
Name Madison Av/E 37 St
Line X27
Distance (miles) 0.013

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 116 Mary Lindley Murray 7 Yes Public PK, K-5 353 0.41
P.S. 116 Mary Lindley Murray 7 Yes Public PK, K-5 353 0.41
Rebecca School NR No Private 0 0.37
Rebecca School NR No Private 125 0.37
Shefa School NR No Private 1-8 146 0.43

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 104 Simon Baruch 8 Yes Public 6-8 891 0.97
Rebecca School NR No Private 0 0.37
Rebecca School NR No Private 125 0.37
Aaron Academy NR No Private 7-10 46 0.39
Shefa School NR No Private 1-8 146 0.43

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Unity Center For Urban Technologies 8 No Public 9-12 237 0.24
Murray Hill Academy 5 No Public 9-12 232 0.24
Manhattan Academy For Arts And Languages 4 No Public 9-12 178 0.24
Rebecca School NR No Private 0 0.37
Rebecca School NR No Private 125 0.37

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 237 Madison Avenue, New York

Here are the neighbors for 237 Madison Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
58 Park Ave, New York 27,400 01/21/1997
232 Madison Ave, New York 115,945 04/11/1997
21 E 37th St, New York 7,202 12/21/2016 $13,500,000
50 Park Ave, New York 127,089 03/10/2014 $590,000
13 E 37th St, New York 17,819 11/13/2018
401 5th Ave, New York 156,751 05/30/2006 $25,000,000
19 E 37th St, New York 9,625 10/16/2003 $3,950,000
27 E 37th St, New York 6,075 05/09/2024 $6,100,000
23 E 37th St, New York 6,576 04/03/1978
29 E 37th St, New York 7,179 10/12/1994
411 5th Ave, New York 116,598 01/01/2024
12 E 37th St, New York 16,509 11/14/2013
233 Madison Ave, New York 20,885 02/06/2025
240 Madison Ave, New York 74,257 06/20/2018
220 Madison Ave, New York 211,910 08/26/2004 $417,500
25 E 37th St, New York 6,686 08/29/2002
66 Park Ave, New York 105,231 10/04/1972
238 Madison Ave, New York 11,243 05/13/2013 $12,000,000
9 E 37th St, New York 62,000 11/01/2017 $28,050,000
6 E 37th St, New York 03/08/2004 $9,000,000
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