| Building name | Mechanics Alley |
| Primary address | Mechanics Alley - 127 Madison Street |
| Neighborhood | Two Bridges |
| Zip code | 10002 |
| Borough | Manhattan |
| Block & lot | 00275-0002 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Lot sq. ft. | 116 |
| Lot dimensions | |
| Property type | Zoned Commercial or Manhattan Residential (V1)
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| Zoning | Register |
| School district | 2 |
| Community district | 3 |
| Closest police station | 0.31 Miles |
| Closest fire station | 0.20 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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The current market value is $5,590.
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Create a free account to view the complete sales history for 127 Madison Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for Mechanics Alley - Mechanics Alley - 127 Madison Street, New York, NY 10002. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $0 |
| Tax assessor's market value: | $5,590 |
| Assessed value: | $2,516 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 127 Madison Street, 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 | $5,590 | $2,516 | $0 | 10.848% | $250 | $0 | n/a |
| 2024/25 | $5,000 | $2,250 | $0 | 10.762% | $242 | $0 | n/a |
| 2023/24 | $5,000 | $2,250 | $0 | 10.592% | $238 | $0 | n/a |
| 2022/23 | $5,000 | $2,250 | $0 | 10.646% | $240 | $0 | n/a |
| 2021/22 | $5,000 | $2,250 | $0 | 10.755% | $242 | $0 | n/a |
The complete history of permits filed for 127 Madison Street, 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.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 6 (See more on map) |
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Distance to Subway
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| Closest station | Rutgers St & Madison Ave at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.197 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Madison St/Market St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Mechanics Alley - Mechanics Alley - 127 Madison Street, New York, NY 10002.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 26 Market St, New York | 17,778 | 12/21/1990 | |
| 56 Market St, New York | 12,540 | 05/27/1983 | |
| 130 Madison St, New York | 2,914 | 06/30/2020 | $4,827,500 |
| 125 Madison St, New York | 6,810 | 12/18/2012 | $2,265,000 |
| 68 Henry St, New York | 4,948 | 01/30/1980 | |
| 30 Market St, New York | 6,070 | 10/15/2007 | |
| 34 Market St, New York | 2,830 | 01/28/1998 | |
| 154 Madison St, New York | 17,113 | 10/20/2011 | $2,300,000 |
| 38 Market St, New York | 5,381 | 03/29/1999 | |
| 149 Madison St, New York | 25,828 | ||
| 48 Market St, New York | 32,802 | ||
| 56 Pike St, New York | 10,785 | 06/26/2019 | |
| 32 Market St, New York | 5,784 | 02/06/2020 | $3,200,000 |
| 40 Market St, New York | 9,154 | 03/24/2016 | $4,600,000 |
| 5 Monroe St, New York | 11,939 | 12/14/2023 | $14,500,000 |
| 132 Madison St, New York | 33,831 | ||
| 42 Market St, New York | 9,265 | 03/24/2016 | $4,600,000 |
| 73 Monroe St, New York | 9,660 | 04/14/2020 | $7,875,000 |
| 36 Market St, New York | 7,595 | 05/10/1976 | |
| 54 Market St, New York | 10,548 | 05/04/1982 |
