Manhattan  »  10065  »  Madison Ave  »  698 Madison Ave

698 Madison Avenue, New York, NY 10065 - Property report

Also known as: 698 Madison Ave

Property image for 698 Madison Avenue, New York, NY 10065
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Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1900

Lot sq. ft.

2,800

Sale price

$10,000,000

General information

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Address
Primary address
698 Madison Avenue
Alternate address(es)
700 Madison Ave
ZIP code
10065
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01377-0017

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
19,800
Building dimensions
20 ft x 70 ft
Buildings on lot
2
Stories
5
Year built
1900
Last altered
2020
Building material
Sales
Sale date
08/13/2018
Sale price
$10,000,000
Tax
Tax year
2026-2027
Property tax
$985,595
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
40 ft x 70 ft
Lot sq. ft.
2,800

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.32 Miles
Closest fire station
0.33 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 698 Madison Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 698 Madison Avenue, New York, NY 10065

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/09/2023 - R
06/01/2023 - D
Agreement
(2023060701005001)
XXX XXXXXXX XXX XXXX XXXXXXXX XXXX
10/26/2023 - R
11/16/2022 - D
Agreement
(2023102400448001)
XXX XXX XXXXXXX XXXXXXXX XXX XXXX XXXXXXXX XXXX
08/20/2018 - R
08/13/2018 - D
Agreement
(2018081600510003)
XXXX XXXXXXXX XXXX XXX XXXXXXX XXX
08/20/2018 - R
08/13/2018 - D
Termination of Agreement
(2018081600510002)
XXXX XXXXXXXX XXXX XXXXX XXXXXX XXXXXXX
08/20/2018 - R
08/13/2018 - D
Deed
(2018081600510001)
XXXXX XXXXXX XXXXXXX XXX XXXXXXX XXX
08/31/2017 - R
08/24/2017 - D
Agreement
(2017083000232003)
XXXX XXXXXXXX XXXX XXXXXXX XXXXXXX XXXXXX XXXXX
08/31/2017 - R
08/24/2017 - D
Agreement
(2017083000232002)
XXX XXX XXXXXXX XXXXXXXX XXX XXXX XXXXXXXX XXXX
08/31/2017 - R
08/24/2017 - D
Assignment, Mortgage
(2017083000232001)
XX XXXXXX XXX XXXX XXXXXXXX XXXX
08/14/2018 - R
06/01/2017 - D
Correction Deed
(2018080901265001)
XXXXXXXXXX XXXXXXX XXXXX XXXXXX XXXXXXX
05/22/2017 - R
05/01/2017 - D
Deed
(2017051801223001)
XXXXXXXXXX XXXXXXX XXXXX XXXXXXXX XXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 698 Madison Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$985,595
Municipal exemptions
Recent tax assessments
Market value
$20,950,000
Assessed value
$9,427,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $20,802,000 $9,360,900 $9,072,180 10.848% $984,150 $984,150 -11.17%
2024/25 $24,693,000 $11,111,850 $10,294,042 10.762% $1,107,845 $1,107,845 -11.51%
2023/24 $26,554,000 $11,949,300 $11,820,240 10.592% $1,252,000 $1,252,000 +3.25%
2022/23 $25,312,000 $11,390,400 $11,390,400 10.646% $1,212,622 $1,212,622 +16.70%
2021/22 $21,470,000 $9,661,500 $9,661,500 10.755% $1,039,094 $1,039,094 -26.01%
2020/21 $30,477,000 $13,714,650 $13,132,100 10.694% $1,404,347 $1,404,347 +4.78%
2019/20 $31,294,000 $14,082,300 $12,720,030 10.537% $1,340,310 $1,340,310 +9.51%
2018/19 $30,793,000 $13,856,850 $11,640,550 10.514% $1,223,887 $1,223,887 +8.52%
2017/18 $28,375,000 $12,768,750 $10,726,870 10.514% $1,127,823 $1,127,823 +133.34%
2016/17 $13,641,000 $6,138,450 $4,571,040 10.574% $483,342 $483,342 +4.64%

Permit information for 698 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/06/2026 Alteration
07/06/2026 Alteration
07/06/2026 Alteration
02/19/2026 Alteration
02/19/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
5th Ave & 60th St at NW Corner
Station lines
N-Q-R
Distance (miles)
0.138

Access the detailed traffic volume map for 698 Madison Avenue, New York, NY 10065 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 698 Madison Avenue, New York, NY 10065?

The development at 698 Madison Avenue, New York, NY 10065 was built in 1900.

What is the market value of 698 Madison Avenue, New York, NY 10065?

The current market value of 698 Madison Avenue, New York, NY 10065 is $20,950,000.

What is the total square footage of 698 Madison Avenue, New York, NY 10065?

698 Madison Avenue, New York, NY 10065 has a total of 19,800 square feet.

What is the price per square foot for this property?

$505 per square foot is the price for 698 Madison Avenue, New York, NY 10065.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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