New York City » 10029 » Madison Ave » 1425 Madison Ave

1425 Madison Avenue, New York, NY 10029 - Property report

Also known as: 51-67 E 98th St

Property image for 1425 Madison Avenue, New York, NY 10029

Property type

Miscellaneous Hospital, Health Care Facility (I9)

Year built

1992

Lot sq. ft.

80,732

General information

Address

Primary address

1425 Madison Avenue

Alternate address(es)

1292 Park Ave
1294 Park Ave
1421-1433 Madison Ave

ZIP code

10029

Neighborhood

East Harlem

Borough

Manhattan

Block & lot

01604-0023

Building

Property type

Miscellaneous Hospital, Health Care Facility (I9)

Building sq. ft.

914,600

Building dimensions

145 ft x 437 ft

Buildings on lot

Stories

Year built

1992

Building material

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Commercial units

Office sq. ft.

Lot

Lot dimensions

201.83 ft x 400 ft

Lot sq. ft.

80,732

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.19 Miles

Closest fire station

0.20 Miles

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

Ownership

Ownership information for 1425 Madison Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1425 Madison Avenue, New York, NY 10029

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/10/2023 - R	UCC3 Continuation (2023100900094001)	XXXXX XXXXXX XX XXXXXXXX XX XXXXX XXXXX	XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX
09/18/2018 - R	UCC3 Continuation (2018091800597001)	XXXXX XXXXXX XX XXXXXXXX XX XXXXX XXXXX	XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX
09/20/2013 - R	UCC3 Continuation (2013090601058001)	XXXXX XXXXXX XX XXXXXXXX XX XXXXX XXXXX	XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX
03/22/2013 - R	UCC3 Amendment (2013032100509001)	XXXXX XXXXXX XX XXXXXXXX XX XXXXX XXXXX	XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX
11/27/2009 - R	UCC3 Continuation (2009112500103001)	XXXXX XXXXX XXXXXX XX XXXXXXXX XX XXX XXXX XXXXXXX	XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX
12/16/2009 - R 10/06/2009 - D	Agreement (2009103000227001)	XXXXXX XX X XX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX	XXXXX XXXXX XXXXXXX XXXXXX
02/26/2009 - R	UCC3 Continuation (2009021100155001)	XXXXX XXXXX XXXXXX XX XXXXXXXX XX XXX XXXX XXXXXXX	XXXXXXXXX XXXXXXXXX XX XXX XXXXX XX XXX XXXX
10/17/2008 - R 08/25/2008 - D	Agreement (2008091000189001)	XXXXXX XXX XX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX	XXXXX XXXXX XXXXXX XX XXXXXXXX XX XXX XXXX XXXXXXX
01/07/2008 - R 05/30/2007 - D	Agreement (2007101201086001)	XXXXXX XXX XX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX	XXX XXXXX XXXXX XXXXXX XX XXXXXXXX XX XXX XXXX XXX
07/01/2006 - R 03/30/2006 - D	Agreement (2006052600560001)	XXXXXX XXX XX XXXXXXXXXX XXXXXXXXXXX XXXXXXXX	XXX XXXXX XXXXX XXXXXX XX XXXXXXXX XX XXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1425 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

Municipal exemptions

Recent tax assessments

Market value

$400,505,000

Assessed value

$180,227,250

More about New York City Property Taxes

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	$390,862,000	$175,887,900	$0	10.848%	$17,921,154	$0	n/a
2024/25	$385,135,000	$173,310,750	$0	10.762%	$17,888,162	$0	n/a
2023/24	$377,368,000	$169,815,600	$0	10.592%	$17,654,450	$0	n/a
2022/23	$355,813,000	$160,115,850	$0	10.646%	$17,045,933	$0	n/a
2021/22	$326,404,000	$146,881,800	$0	10.755%	$15,797,138	$0	n/a
2020/21	$402,124,000	$180,955,800	$0	10.694%	$17,864,615	$0	n/a
2019/20	$390,260,000	$175,617,000	$0	10.537%	$16,802,871	$0	n/a
2018/19	$374,998,000	$168,749,100	$1,964,340	10.514%	$15,892,153	$206,531	-98.62%
2017/18	$353,172,000	$158,927,400	$142,226,820	10.514%	$14,953,728	$14,953,728	n/a
2016/17	$335,587,000	$151,014,150	$0	10.574%	$14,228,516	$0	n/a

Permits

Permit information for 1425 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/10/2026	Alteration
08/02/2026	Alteration
05/07/2026	Alteration
05/05/2026	Alteration
04/13/2026	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	05/03/2024	Bench-failure to benchmark none
	05/03/2023	Bench-failure to benchmark none
	06/02/2022	Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lexington Ave & 96th St at NW Corner

Station lines

Distance (miles)

0.18

View subway map

Access the detailed traffic volume map for 1425 Madison Avenue, New York, NY 10029 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 1425 Madison Avenue, New York, NY 10029?

The development at 1425 Madison Avenue, New York, NY 10029 was built in 1992.

What is the total square footage of 1425 Madison Avenue, New York, NY 10029?

1425 Madison Avenue, New York, NY 10029 has a total of 914,600 square feet.

What is the assessed value of 1425 Madison Avenue, New York, NY 10029?

1425 Madison Avenue, New York, NY 10029 is currently assessed at $180,227,250.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.