New York City » 10035 » Madison Ave » 1975 Madison Ave

1975 Madison Avenue, New York, NY 10035 - Property report

Also known as: 41 E 126th St

Property image for 1975 Madison Avenue, New York, NY 10035

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2021

Lot sq. ft.

15,166

Sale price

$12,014,339

General information

Address

Primary address

1975 Madison Avenue

Alternate address(es)

41 E 126th St

ZIP code

10035

Neighborhood

East Harlem

Borough

Manhattan

Block & lot

01751-0020

Building

Property type

Elevator Apartment - Fireproof with Stores (D6)

Building sq. ft.

123,251

Building dimensions

77.1 ft x 165 ft

Buildings on lot

Stories

Year built

2021

Building material

Sales

Sale date

07/21/2023

Sale price

$12,014,339 - M

Tax

Tax year

2026-2027

Property tax

$2,475,236

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

77.92 ft x 165 ft

Lot sq. ft.

15,166

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

0.38 Miles

Closest fire station

0.25 Miles

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

Ownership

Ownership information for 1975 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 1975 Madison Avenue, New York, NY 10035

Sale date	Sale price	Buyer name	Seller name
07/21/2023	$12,014,339	XXXXXX XXXXX XXX XXX	XXXX XXXXXXX XXX
05/31/2019	$16,032,000	XXXX XXXXXXX XXX	XXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXXXX XXXXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/22/2026 - D 04/22/2026 - R	Declaration (2026042200639001)	XXXXXX XXXXX XXX XXX
12/21/2023 - R	Initial UCC1 (2023122100339004)	XXXXXX XXXXX XXX XXX	XXXXXXXXXXXXX XXXX XXXXX XXXXXXX
12/21/2023 - R	Initial UCC1 (2023122100339003)	XXXXXX XXXXX XXX XXX	XXXXXXXXXXXXX XXXX XXXXX XXXXXXX
12/21/2023 - R 11/17/2023 - D	Mortgage (2023122100339002)	XXXXXX XXXXX XXX XXX	XXXXXXXXXXXXX XXXX XXXXX XXXXXXX
12/21/2023 - R 11/17/2023 - D	Mortgage (2023122100339001)	XXXXXX XXXXX XXX XXX	XXXXXXXXXXXXX XXXX XXXXX XXXXXXX
07/28/2023 - R	UCC3 Termination (2023072600607004)	XXXX XXXXXXX XXX	XXXXXX XXXX XXXXXXX XXXXXX XXX XXX
07/28/2023 - R	UCC3 Termination (2023072600607003)	XXXX XXXXXXX XXX	XXXXXX XXXX XXXXXXX XXXXXX XXX XXX
07/28/2023 - R 07/21/2023 - D	Satisfaction of Mortgage (2023072600607002)	XXXX XXXXXXX XXX	XXXXXX XXXX XXXXXXX XXXXXX XXX XXX
07/28/2023 - R 07/21/2023 - D	Deed (2023072600607001)	XXXX XXXXXXX XXX	XXXXXX XXXXX XXX XXX
12/08/2020 - R	Initial UCC1 (2020120800673003)	XXXX XXXXXXX XXX	XXXXXX XXXX XXXXXXX XXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1975 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

$2,475,236

Municipal exemptions

Recent tax assessments

Market value

$44,219,994

Assessed value

$19,898,998

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	$580,000	$261,000	$193,500	12.439%	$24,069	$24,069	+34.25%
2024/25	$546,000	$245,700	$166,590	10.762%	$17,928	$17,928	+18.58%
2023/24	$420,000	$189,000	$142,740	10.592%	$15,119	$15,119	+9.05%
2022/23	$323,000	$145,350	$130,230	10.646%	$13,864	$13,864	+1.94%
2021/22	$281,000	$126,450	$126,450	10.755%	$13,600	$13,600	-71.00%
2020/21	$1,031,000	$463,950	$438,570	10.694%	$46,901	$46,901	n/a
2019/20	$1,031,000	$463,950	$0	10.537%	$44,382	$0	n/a
2018/19	$991,000	$445,950	$0	10.514%	$41,957	$0	n/a
2017/18	$933,000	$419,850	$0	10.514%	$39,459	$0	n/a
2016/17	$887,000	$399,150	$0	10.574%	$37,724	$0	n/a

Permits

Permit information for 1975 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/27/2026	Alteration
07/23/2026	Alteration
07/06/2026	Alteration
04/08/2026	Alteration
03/10/2026	Alteration

*Most recent permits on record for this property.

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Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/27/2024	C-construction other optional
	10/01/2015	Lblvio-low pressure boiler
	12/13/2011	Lblvio-low pressure boiler

*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 & 125th St at NW Corner

Station lines

4-5-6

Distance (miles)

0.173

View subway map

Access the detailed traffic volume map for 1975 Madison Avenue, New York, NY 10035 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

Neighbors for 1975 Madison Avenue, New York, NY

53 E 126th St, New York 55 E 126th St, New York 27 E 126th St, New York 25 E 126th St, New York 13 E 126th St, New York 15 E 126th St, New York 1976 Madison Ave, New York 29 E 126th St, New York 21 E 126th St, New York 47 E 126th St, New York 1974 Madison Ave, New York 49 E 126th St, New York 51 E 126th St, New York 1978 Madison Ave, New York 59 E 126th St, New York 1982 Madison Ave, New York

Frequently asked questions

What is the year built for 1975 Madison Avenue, New York, NY 10035?

The development at 1975 Madison Avenue, New York, NY 10035 was built in 2021.

What is the market value of 1975 Madison Avenue, New York, NY 10035?

The current market value of 1975 Madison Avenue, New York, NY 10035 is $44,219,994.

What is the total square footage of 1975 Madison Avenue, New York, NY 10035?

1975 Madison Avenue, New York, NY 10035 has a total of 123,251 square feet.

What is the price per square foot for this property?

$97 per square foot is the price for 1975 Madison Avenue, New York, NY 10035.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.