New York City  »  10037  »  Madison Ave  »  2071 Madison Ave

2071 Madison Avenue, New York, NY 10037 - Property report

Also known as: 42-48 E 131st St

Property image for 2071 Madison Avenue, New York, NY 10037
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Property type

Elevator Apartment - Converted (D5)

Year built

1926

Lot sq. ft.

7,994

Sale price

$18,000,000

General information

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Address
Primary address
2071 Madison Avenue
Alternate address(es)
2063-2071 Madison Ave
42-48 E 131st St
ZIP code
10037
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01755-0050

Owner

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Building
Property type
Elevator Apartment - Converted (D5)
Building sq. ft.
27,176
Building dimensions
99 ft x 71 ft
Buildings on lot
1
Stories
4
Year built
1926
Last altered
1977
Building material
Sales
Sale date
11/19/2021
Sale price
$18,000,000 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
39
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
99.92 ft x 80 ft
Lot sq. ft.
7,994

Area overview

Walk score
86 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
5
Community district
11
Closest police station
0.58 Miles
Closest fire station
0.35 Miles

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Ownership information for 2071 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 2071 Madison Avenue, New York, NY 10037

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/31/2025 - R UCC3 Termination
(2025012900762003)
XXXX XXXXXXX XXX XXX XXXXXXXXX XXXX XX XXXXXXX
01/31/2025 - R
01/23/2025 - D
Termination of Assign of L&R
(2025012900762002)
XXXX XXXXXXX XXX XXX XXXXXXXXX XXXX XX XXXXXXX
01/31/2025 - R
01/23/2025 - D
Satisfaction of Mortgage
(2025012900762001)
XXXX XXXXXXX XXX XXX XXXXXXXXX XXXX XX XXXXXXX
11/07/2024 - R Initial UCC1
(2024102500806005)
XXXX XXXXXXX XXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
11/19/2024 - R
10/23/2024 - D
Correction Mortgage
(2024111501401001)
XXXX XXXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
11/07/2024 - R
10/23/2024 - D
Agreement
(2024102500806006)
XXXXXXXXX XXXXXXX XXXX XXXXXXXXXX XX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXXXX
11/07/2024 - R
10/23/2024 - D
Assignment, Mortgage
(2024102500806004)
XXXXXXXXX XXXXXXX XXXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
11/07/2024 - R
10/23/2024 - D
Mortgage
(2024102500806003)
XXXX XXXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
11/07/2024 - R
10/23/2024 - D
Agreement
(2024102500806002)
XXXXXX XXXXXX XX XXXXXXX XXXXXXXXX XX XXXXXXX XXX XXXX XXXXXXX XXX XXX
11/07/2024 - R
10/23/2024 - D
Agreement
(2024102500806001)
XXXX XXXXXXX XXX XXX XXX XXXX XX XXX XXXX XXXXXX XX XXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2071 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
$4,319,000
Assessed value
$1,943,550

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 $4,466,000 $2,009,700 $0 12.439% $226,242 $0 n/a
2024/25 $4,145,000 $1,865,250 $0 12.5% $221,299 $0 n/a
2023/24 $4,039,000 $1,817,550 $0 12.502% $218,015 $0 n/a
2022/23 $4,196,000 $1,888,200 $0 12.267% $211,400 $0 n/a
2021/22 $3,363,000 $1,513,350 $0 12.235% $185,158 $0 n/a
2020/21 $3,928,000 $1,767,600 $0 12.267% $204,974 $0 n/a
2019/20 $3,850,000 $1,732,500 $0 12.473% $198,639 $0 n/a
2018/19 $3,811,000 $1,714,950 $0 12.612% $187,515 $0 n/a
2017/18 $3,687,000 $1,659,150 $0 12.719% $166,258 $0 n/a
2016/17 $3,290,000 $1,480,500 $0 12.892% $139,779 $0 n/a

Permit information for 2071 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/08/2020 Alteration
01/27/2020 Alteration type 2
02/18/2010 Alteration type 3
12/09/2009 Alteration type 2
09/17/1996 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/02/2023 Bench-failure to benchmark none
04/29/2021 Egrade-failure to post energy grade/score none
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction

*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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Lexington Ave & 125th St at NW Corner
Station lines
4-5-6
Distance (miles)
0.321

Access the detailed traffic volume map for 2071 Madison Avenue, New York, NY 10037 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 2071 Madison Avenue, New York, NY 10037?

The development at 2071 Madison Avenue, New York, NY 10037 was built in 1926.

What is the total square footage of 2071 Madison Avenue, New York, NY 10037?

2071 Madison Avenue, New York, NY 10037 has a total of 27,176 square feet.

When was 2071 Madison Avenue, New York, NY 10037 last sold and what was the sale price?

2071 Madison Avenue, New York, NY 10037 was last sold on 11/19/2021 for $18,000,000.

What is the assessed value of 2071 Madison Avenue, New York, NY 10037?

2071 Madison Avenue, New York, NY 10037 is currently assessed at $1,943,550.

How many residential units does this building have?

This building has 39 residential unit(s).

Disclaimer

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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.

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