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40 East 126th Street, New York, NY 10035 Property Information

40 East 126th Street, New York, NY 10035 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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40 East 126th Street, New York, NY 10035 2
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Address

Primary address 40 East 126th Street
Secondary address 1962-1966 Madison Ave
Neighborhood East Harlem
Zip code 10035
Borough Manhattan
Block & lot 01750-0056

Sales & Tax Overview for 40 East 126th Street, New York

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

Purchase date 07/02/2008
Purchase price $950,000
Tax class
Estimated property tax $16,426

Lot & Building Information for 40 East 126th Street, New York

Lot sq. ft. 1,660
Lot dimensions 20 ft x 83 ft
Property type Converted Dwellings or Rooming House (C5)
Building sqft 4,658
Building dimensions 20 ft x 54 ft
Buildings on lot 1
Stories 3
Year built 1909
Year last altered 2008
Construction type
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Zoning & Use for 40 East 126th Street, New York

Zoning
Residential units (DOF) 6
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 5
Community district 11
Closest police station 0.37 Miles
Closest fire station 0.28 Miles

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

Other Property Data for 40 East 126th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 40 East 126th Street, New York, NY 10035, 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 40 East 126th Street, New York, NY 10035, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 1962-1966 Madison Ave, New York, NY 10035

About 40 East 126th Street, New York

How many sq. ft. does 40 East 126th Street, New York, NY 10035 have & what is the price per sq. ft?

This Converted Dwellings or Rooming House (C5) located at 40 East 126th Street, New York, NY 10035 has a total of 4,658 square feet and a current price per square foot of $203.

What is the year built & the current market value of 40 East 126th Street, New York, NY 10035?

40 East 126th Street, New York, NY 10035 was built in 1909 and has a current tax assessor's market value of $872,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 40 East 126th Street, New York

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Property owner name for 40 East 126th Street, New York, NY 10035
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Building contacts for 40 East 126th Street, New York, NY 10035
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 40 East 126th Street, New York

Create a free account to view the complete sales history for 40 East 126th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/02/2008 $950,000

Title Documents for 40 East 126th Street, 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
05/12/2017 - R UCC3 Continuation
(2017051101343001)
05/03/2017 - R UCC3 Continuation
(2017050300404001)
07/06/2012 - R Initial UCC1
(2012052200588002)
07/06/2012 - R Initial UCC1
(2012052200588001)
05/18/2012 - D
06/19/2012 - R
Mortgage
(2012052200284003)
05/18/2012 - D
06/19/2012 - R
Assignment of Leases and Rents
(2012052200284002)
05/18/2012 - D
06/19/2012 - R
Mortgage
(2012052200284001)
07/15/2008 - D
07/24/2008 - R
Satisfaction of Mortgage
(2008072100448001)
07/11/2008 - D
08/14/2008 - R
Termination of Assign of L&R
(2008073101326001)
07/11/2008 - D
08/14/2008 - R
Satisfaction of Mortgage
(2008073101196001)
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R: Recorded date
D: Document date

Property Taxes for 40 East 126th Street, New York

Access detailed property tax data for 40 East 126th Street, New York, NY 10035. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $15,764
Estimated property tax: $16,426
Tax assessor's market value: $872,000
Assessed value: $392,400

Assessment History for 40 East 126th Street, New York

Here's the assessment & property tax history for 40 East 126th 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 $872,000 $392,400 $126,733 12.439% $15,764 $15,764 +6.53%
2024/25 $735,000 $330,750 $118,382 12.5% $14,798 $14,798 +7.98%
2023/24 $646,000 $290,700 $109,615 12.502% $13,704 $13,704 +7.58%
2022/23 $700,000 $315,000 $103,845 12.267% $12,739 $12,739 +2.49%
2021/22 $547,000 $246,150 $101,582 12.235% $12,429 $12,429 +3.93%

Permits for 40 East 126th Street, New York

The complete history of permits filed for 40 East 126th 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.

Filing date Job type Job status Job description Initial cost
05/27/2025 Alteration
06/15/2021 Alteration
05/04/2021 Alteration
01/20/2021 Alteration
11/30/2020 Alteration
07/17/2020 Alteration
02/20/2020 Alteration type 2
02/11/2020 Alteration type 2
11/26/2019 Alteration
09/09/2019 Alteration type 2
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Manhattan Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 125th St at NW Corner
Station lines 4-5-6
Distance (miles) 0.198
View subway map
Bus Routes
Name Madison Av/E 125 St
Line M1
Distance (miles) 0.021

Neighbors for 40 East 126th Street, New York

Here are the neighbors for 40 East 126th Street, New York, NY 10035.

Address Square feet Purchase date Purchase price
36 E 126th St, New York 2,880 11/30/2005 $655,000
46 E 126th St, New York 4,840 01/27/2025 $1,840,000
50 E 126th St, New York 2,942 03/07/2024 $1,220,000
28 E 126th St, New York 2,922 02/22/2022
14 E 126th St, New York 3,911 10/19/2018 $3,550,000
1961 Madison Ave, New York 4,584 01/08/2004 $715,000
66 E 126th St, New York 3,460 01/25/2022 $1,000,000
1963 Madison Ave, New York 4,820 12/06/1989
1824 Park Ave, New York 02/19/2009
32 E 126th St, New York 2,700 07/20/2022 $1,955,000
18 E 126th St, New York 3,910 12/19/2025 $14,517,283
24 E 126th St, New York 4,343 11/15/2019 $3,400,000
20 E 126th St, New York 3,840 08/21/1998
48 E 126th St, New York 2,944 11/20/2018
38 E 126th St, New York 3,960 11/30/2005 $835,000
12 E 126th St, New York 2,865 02/02/2000
60 E 126th St, New York 2,900 11/30/2000
22 E 126th St, New York 3,748 05/09/2023 $7,249,492
1965 Madison Ave, New York 12,700 12/06/1989
52 E 126th St, New York 14,967 05/06/2020 $211,994
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