242 Madison Avenue, Manhattan, NY 10016

242 Madison Avenue, Manhattan, NY 10016 is a 16-story elevator apartment building, built in 1916, with 180 residential units, on a 9,381 sq ft lot. The city's 2027 market value is $44,396,000. It last sold on 08/03/2026 for $390,000. City records list 48 violations (3 open), 14 mortgages and 91 sales for this lot.

1. 2027City market value set at $44,396,000
2. 08/03/2026Sold for $390,000
3. 1977Building altered
4. 1916Building completed

Address

242 Madison Avenue

Borough

Manhattan

Zip code

10016

Block & lot

00867-0057

BBL

1008670057

Condo number

—

Community district

105

School district

2

Council district

4

Historic district

—

Owner

Locked. Included in the full report.Unlock owner name for free

Property type

Elevator apartments (D4)

Square feet

142,836 sq ft

Building dimensions

Locked. Included in the full report.

Stories

16

Year built

1916

Year altered

1977

Residential units

180

Total units

186

Buildings on lot

1

Lot sq ft

9,381

Lot dimensions

99 ft x 95 ft

Zoning

Locked. Included in the full report.

FAR

Locked. Included in the full report.

Buildable area

Locked. Included in the full report.

Market value

$44,396,000

Tax year

2027

Last sale date

08/03/2026

Last sale price

$390,000

Tax amount

Locked. Included in the full report.

Loan amount

Locked. Included in the full report.

• Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
• Owner & contacts· 105+ people and companiesOwner of record is a companyOwner of record, deed owners, mailing address, registered officers and managing agent, permit applicants.
• Sales history· 91 salesEvery priced sale on the lot, with unit and building class at the time of sale.
• Financials· 14 mortgagesOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
• Tax· 5 years of assessmentsAnnual tax bill, tax class and assessment history by roll year.
• Permits· 100+ permitsBuilding permit filings, job types, status and estimated cost.
• DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
• Violations· 48 violations3 open · $1,500 balance dueOpen and closed housing and building violations with balances due.

When was 242 Madison Avenue built?

242 Madison Avenue was built in 1916 and altered in 1977, according to the city's lot file.

How many units does 242 Madison Avenue have?

242 Madison Avenue has 186 units, 180 of them residential across 16 stories.

When did 242 Madison Avenue last sell?

It last sold on 08/03/2026 for $390,000, according to the city's recorded sales.

What is 242 Madison Avenue worth?

The city's 2027 market value for 242 Madison Avenue is $44,396,000. That is the city's assessment estimate, not an appraisal or an asking price.

Who owns 242 Madison Avenue?

Create a free Hercules account to see the owner of record for 242 Madison Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

• 200 Madison AvenueOffice (O4) · 606,148 sq ft
• 213 Madison AvenueElevator apartments (D6) · 60,300 sq ft
• 8 East 36 StreetOffice (O5) · 11,000 sq ft
• 9 East 36 StreetElevator apartments (D7) · 13,290 sq ft
• 15 East 36 StreetElevator apartments (D3) · 43,696 sq ft
• 218 Madison AvenueElevator apartments (D3) · 39,567 sq ft
• 219 Madison AvenuePlace of assembly (P8) · 109,000 sq ft
• 40 Park AvenueElevator apartments (D6) · 153,398 sq ft

City market value and tax year

Market value is the city's estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

Latest recorded sale date: 08/03/2026

Refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed them.

Product facts · Market value, assessed value and sale price explained