New York City » 10035 » Madison Ave » 2040 Madison Ave

2040 Madison Avenue, New York, NY 10035 - Property report

Also known as: 2040 Madison Ave

Property image for 2040 Madison Avenue, New York, NY 10035

Property type

Two Family Brick (B1)

Year built

1899

Lot sq. ft.

1,231

Sale price

$1,975,000

General information

Address

Primary address

2040 Madison Avenue

ZIP code

10035

Neighborhood

East Harlem

Borough

Manhattan

Block & lot

01754-0116

Building

Property type

Two Family Brick (B1)

Building sq. ft.

3,240

Building dimensions

16.42 ft x 50 ft

Buildings on lot

Stories

Year built

1899

Building material

Brick

Exterior wall

Expensive Mas

Basement

Sales

Sale date

12/08/2025

Sale price

$1,975,000

Tax

Tax year

2026-2027

Property tax

$3,772

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Madison Avenue (wide)

Distance to wide street

Lot dimensions

16.42 ft x 75 ft

Lot sq. ft.

1,231

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

81 /100. Very Bikeable

School district

Community district

Closest police station

0.54 Miles

Closest fire station

0.36 Miles

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

Ownership

Ownership information for 2040 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 2040 Madison Avenue, New York, NY 10035

Sale date	Sale price	Buyer name	Seller name
12/08/2025	$1,975,000	XXXXXXX XXXXXXXXXX XXXXX, XXX	XXXXX XXXXXXXX XXXXXXXX (XXXXXX) XXX.
08/28/2025	$2,604,204	XXXXX XXXXXXXX XXXXXXXX (XXXXXX) XXX.	XXXXX XXXXXXXX, XXX XX XXXXXXX
03/30/2017	$1,550,000	XXXX XXXXXXX XXX	XXXXXXX, XXXXXXXX XXX XXXXXX, XXXXXXX

*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 - R 04/06/2026 - D	Discharge of Tax Lien (2026042100287001)	XXX XXXX XX XXX XXXX XXXXXX
12/17/2025 - R 12/08/2025 - D	Deed (2025121600822001)	XXXXX XXXXXXXX XXXXXXXX (XXXXXX) XXX	XXXXXXX XXXXXXXXXX XXXXX XXX
10/03/2025 - R 09/16/2025 - D	Tax Lien Sale Certificate (2025100100517001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
09/10/2025 - R 08/28/2025 - D	Deed (2025090800337001)	XXXXX XXXXXXXX XXX XX XXXXXXX	XXXXX XXXXXXXX XXXXXXXX (XXXXXX) XXX
07/29/2019 - R	Initial UCC1 (2019070500802005)	XXXX XXXXXXX XXX	X X XXXXXXX XXXXXXX XXXXX XXX
09/13/2019 - R 06/27/2019 - D	Assignment of Leases and Rents (2019091100383002)	XXXX XXXXXXX XXX	X X XXXXXXX XXXXXXX XXXXX XXX
09/13/2019 - R 06/27/2019 - D	Agreement (2019091100383001)	XXXX XXXXXXX XXX	X X XXXXXXX XXXXXXX XXXXX XXX
07/29/2019 - R 06/27/2019 - D	Mortgage (2019070500802004)	XXXX XXXXXXX XXX	X X XXXXXXX XXXXXXX XXXXX XXX
07/29/2019 - R 06/20/2019 - D	Assignment, Mortgage (2019070500802002)	XXXXXXXXXX XXXXXXXX	X X XXXXXXX XXXXXXX XXXXX XXX
07/29/2019 - R 06/20/2019 - D	Assignment, Mortgage (2019070500802001)	XXXXXX XXXXXXX	X X XXXXXXX XXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2040 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

$3,772

Municipal exemptions

Recent tax assessments

Market value

$2,182,000

Assessed value

$130,920

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	$2,199,000	$131,940	$17,933	19.843%	$3,558	$3,558	+4.71%
2024/25	$1,957,000	$117,420	$16,920	20.085%	$3,398	$3,398	0.00%
2023/24	$2,095,000	$125,700	$16,920	20.085%	$3,398	$3,398	-0.34%
2022/23	$1,902,000	$114,120	$16,790	20.309%	$3,410	$3,410	+7.84%
2021/22	$1,903,000	$114,180	$15,840	19.963%	$3,162	$3,162	+0.54%
2020/21	$2,053,000	$123,180	$14,944	21.045%	$3,145	$3,145	+5.37%
2019/20	$2,004,000	$120,240	$14,100	21.167%	$2,985	$2,985	+1.19%
2018/19	$1,748,000	$104,880	$14,100	20.919%	$2,950	$2,950	+3.41%
2017/18	$1,430,000	$85,800	$13,992	20.385%	$2,852	$2,852	+8.09%
2016/17	$1,193,000	$71,580	$13,200	19.991%	$2,639	$2,639	+8.37%

Permits

Permit information for 2040 Madison Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
12/03/2019	Alteration
06/11/2019	Alteration type 2
08/16/2018	Alteration
12/13/2017	Alteration type 2
07/16/2012	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Central Harlem North residential market stats

Access a detailed real estate market overview of Central Harlem North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Central Harlem North and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% 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)

0.286

View subway map

Access the detailed traffic volume map for 2040 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 133 Fred R Moore	4	Yes	Public	PK, K-5	185	0.09
P.S. 133 Fred R Moore	4	Yes	Public	PK, K-5	185	0.09
All Sts. School	NR	No	Private	PK, K-8	0	0.05
All Sts. School	NR	No	Private	PK, K-8	0	0.05
Storefront Academy Harlem (formerly The Children's Storefront)	NR	No	Private	PK-8	145	0.09
Storefront Academy Harlem (formerly The Children's Storefront)	NR	No	Private	PK-8	145	0.09
Storefront Academy Harlem Charter School	5	No	Charter	K-3	76	0.09
Harlem Children's Zone Promise Academy II Charter	6	No	Charter	K-12	1,019	0.11
P.S. 138	NR	No	Public	PK, K-12	685	0.26
P.S. 138	NR	No	Public	PK, K-12	685	0.26

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Capital Prep (Cp) Harlem Charter	6	No	Charter	6-12	367	0.03
All Sts. School	NR	No	Private	PK, K-8	0	0.05
Storefront Academy Harlem (formerly The Children's Storefront)	NR	No	Private	PK-8	145	0.09
Harlem Children's Zone Promise Academy II Charter	6	No	Charter	K-12	1,019	0.11
Fellowship Of Learning School	NR	No	Private	7-8	2	0.14
P.S. 138	NR	No	Public	PK, K-12	685	0.26
King's Academy	NR	No	Private	PK, K-8	0	0.32
Democracy Preparatory Charter School	4	No	Charter	6-12	603	0.33
The Kings Academy	NR	No	Private	PK, K-9	31	0.33
P.S. 79 Horan School	NR	No	Public	6-12	224	0.46

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Capital Prep (Cp) Harlem Charter	6	No	Charter	6-12	367	0.03
Harlem Renaissence High School	1	No	Public	9-12	176	0.08
Urban Assembly-Global Commerce	NR	No	Public	9-12	153	0.11
Harlem Children's Zone Promise Academy II Charter	6	No	Charter	K-12	1,019	0.11
P.S. 138	NR	No	Public	PK, K-12	685	0.26
Democracy Preparatory Charter School	4	No	Charter	6-12	603	0.33
Great Tomorrows USA School	NR	No	Private	K-11	0	0.39
Great Tomorrows Usa	NR	No	Private	K-11	31	0.42
P.S. 79 Horan School	NR	No	Public	6-12	224	0.46
Democracy Prep Harlem Charter School	4	No	Charter	K-12	1,017	0.52

Frequently asked questions

What is the year built for 2040 Madison Avenue, New York, NY 10035?

The development at 2040 Madison Avenue, New York, NY 10035 was built in 1899.

What is the total square footage of 2040 Madison Avenue, New York, NY 10035?

2040 Madison Avenue, New York, NY 10035 has a total of 3,240 square feet.

When was 2040 Madison Avenue, New York, NY 10035 last sold and what was the sale price?

2040 Madison Avenue, New York, NY 10035 was last sold on 12/08/2025 for $1,975,000.

What is the assessed value of 2040 Madison Avenue, New York, NY 10035?

2040 Madison Avenue, New York, NY 10035 is currently assessed at $130,920.

What are the property taxes for 2040 Madison Avenue, New York, NY 10035?

The property taxes for 2040 Madison Avenue, New York, NY 10035 total $3,771.

How many residential units does this building have?

This building has 2 residential unit(s).

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.