Financial
Distress signals
Property profile

218 Madison Ave New York, NY 10016

OFF-MARKET
Office buildings
Property ID
US63-0774952
11,362 SF 0.08 ac lot Built 1920
Last sale Dec 2023 · $12,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 218 Madison Ave in Midtown Manhattan includes an existing 11,362-square-foot building and has 132.5 feet of frontage along Madison Avenue and East 36th Street. It is located on the northwest corner of Madison Avenue and East 36th Street, directly across from The Morgan Library, near Grand Central Station, with eastern exposure and views. The site is zoned C5-2/R10, which permits residential, commercial, and community facility uses with a base FAR of 10.0 (approximately 35,625

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$141k
Tax billed · 2024
Assessed value$1.33M
Assessed land$945k
Assessed improvement$390k
Effective rate10.59%

Value estimate

· Sep 2026
$11.40M
$10.26M – $12.53M
AI approach$9.04M
CAP approach$5.84M
Sales comparison$6.61M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$639/SF
Submarket average, outlier-cleaned · 224 recorded sales of this use type
Observed band · Q1–Q3$152 – $1,228
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C5-2
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the cent...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat6.2
Pet Grooming Service5.2
Buffet2.6

Location

218 Madison Ave New York, NY 10016-3466
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
739 2nd, New York, NY 10016-2113 $11,400,000 Jul 2022 7,781 SF
8 36th, New York, NY 10016-3329 $10,000,000 Jun 2022 11,000 SF
567 3rd, New York, NY 10016-3169 $6,800,000 Apr 2022 9,300 SF
34 39th, New York, NY 10016-2563 $6,000,000 Jun 2020 6,872 SF
265 Madison, New York, NY 10016-0971 $516,367 Feb 2020 15,746 SF
109 31st, New York, NY 10016-6803 $10,750,000 Sep 2019 14,053 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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