When was 981 Madison Avenue built?

981 Madison Avenue was built in 1930 and altered in 2009, according to the city's lot file.

How many units does 981 Madison Avenue have?

981 Madison Avenue has 3 units across 40 stories.

When did 981 Madison Avenue last sell?

It last sold on 07/22/2026 for $5,500,000, according to the city's recorded sales.

What is 981 Madison Avenue worth?

The city's 2027 market value for 981 Madison Avenue is $176,813,000. That is the Department of Finance's assessment estimate, not an appraisal or an asking price.

Who owns 981 Madison Avenue?

Create a free Hercules account to see the owner of record for 981 Madison Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

Back to map Back to map

981 Madison Avenue, Manhattan, NY 10021

Hotel (H7) · BBL 1013910021

294,142 sq ft0 res units40 storiesBuilt 1930

981 Madison Avenue, Manhattan, NY 10021 is a 40-story hotel, built in 1930, on a 18,803 sq ft lot. The city's 2027 market value is $176,813,000.

Save Create deal

Summary

981 Madison Avenue, Manhattan, NY 10021 is a 40-story hotel, built in 1930, on a 18,803 sq ft lot. The city's 2027 market value is $176,813,000. It last sold on 07/22/2026 for $5,500,000.

History

Dated from the city's lot file, valuation roll and recorded sales. Deeds, mortgages, permits and violations are in the full report.

2027City market value set at $176,813,000
07/22/2026Sold for $5,500,000
2009Building altered
1930Building completed

Property

Address: 981 Madison Avenue
Borough: Manhattan
Zip code: 10021
Block & lot: 01391-0021
BBL: 1013910021
Condo number: —
Community district: 108
School district: 2
Council district: 4
Historic district: Upper East Side Historic District
Owner: Sign up free to see the owner

Building

Property type: Hotel (H7)
Square feet: 294,142 sq ft
Building dimensions: Locked. Included in the full report.
Stories: 40
Year built: 1930
Year altered: 2009
Residential units: 0
Total units: 3
Buildings on lot: 1

Lot and zoning

Lot sq ft: 18,803
Lot dimensions: 101 ft x 185 ft
Zoning: Locked. Included in the full report.
FAR: Locked. Included in the full report.
Buildable area: Locked. Included in the full report.

Value, sale and loans

Market value and tax year come from the NYC Department of Finance property valuation roll; it is the city's assessment estimate, not a sale price or appraisal. Sales come from the city's recorded sales files.

Market value: $176,813,000
Tax year: 2027
Last sale date: 07/22/2026
Last sale price: $5,500,000
Tax amount: Locked. Included in the full report.
Loan amount: Locked. Included in the full report.

Sources and freshness

Property and building facts

NYC Department of City Planning's PLUTO lot file supplies building characteristics, lot dimensions and district information.

City market value and tax year

NYC Department of Finance's property valuation roll supplies the city's market value estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

NYC Department of Finance's rolling and annualized sales files supply the recorded sale date and price shown here.

Latest recorded sale date: 07/22/2026

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

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

In the full report

Unlock once to open every section for this property.

Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
Owner & contactsOwner of record, deed owners, mailing address, HPD officers and managing agent, permit applicants.
Sales historyEvery priced sale on the lot, with unit and building class at the time of sale.
FinancialsOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
TaxAnnual tax bill, tax class and assessment history by roll year.
PermitsDOB and DOB NOW filings, job types, status and estimated cost.
DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
ViolationsOpen and closed HPD, DOB and ECB violations with balances due.

Questions

When was 981 Madison Avenue built?: 981 Madison Avenue was built in 1930 and altered in 2009, according to the city's lot file.
How many units does 981 Madison Avenue have?: 981 Madison Avenue has 3 units across 40 stories.
When did 981 Madison Avenue last sell?: It last sold on 07/22/2026 for $5,500,000, according to the city's recorded sales.
What is 981 Madison Avenue worth?: The city's 2027 market value for 981 Madison Avenue is $176,813,000. That is the Department of Finance's assessment estimate, not an appraisal or an asking price.
Who owns 981 Madison Avenue?: Create a free Hercules account to see the owner of record for 981 Madison Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

Nearby properties

Access the 981 Madison Avenue property report

Create a free account and your first report is on us. No credit card.

Owners, officers and mailing address
Pre-foreclosure case: plaintiff, filing date and court status
Mortgages and lenders, open or paid off
Tax bill and assessment history
Zoning, FAR and unused air rights
Permits and permit contacts
Housing and building code violations
Full sales history

Get this report free Sign in

View 981 Madison Avenue and get 300 report credits a month

starting from $49.99 / month

Owner search and portfolios
Every search filter and exports
The NYC pre-foreclosure list
Recorded deeds and mortgages
Monthly data credits and the CRM

See plans and pricing