# 1230 Madison Ave, Manhattan

Co-op · 13 units · built 2019 · Block 1500, Lot 54.

On Umarelli: https://umarelli.org/nyc/1015000054/1230-madison-ave

More construction in Upper East Side: https://umarelli.org/nyc/manhattan/upper-east-side.md

## Building permits

- Alteration, filed Jul 2, 2026, estimated cost $20K, described as “Four non-illuminated retractable residential awnings. No change of use, egress or occupancy.”
- Alteration, filed Jul 8, 2025, estimated cost $96K, described as “Propose interior renovation at partial 1st FL (#1228A) commercial space with new partition work and finishes work as per plan. No change in use, egress, or occupancy.”
- Alteration, filed Jun 16, 2025, estimated cost $37K, described as “Interior renovation to existing residential mail room. No change to use, occupancy, or egress.”
- Alteration, filed May 26, 2023, estimated cost $80K, described as “Replacement of interior PH apt. convenience stair structural frame as previously installed under NB application #123470902. No change in use, egress, or occupancy.”
- Alteration, filed May 16, 2023, estimated cost $10K, described as “Retail space fitout on 1st floor”
- Alteration, filed May 16, 2023, estimated cost $10K, described as “Mechanical work for retail fitout”
- Alteration, filed Apr 14, 2023, estimated cost $10K, described as “Retail A and Retail B fitout on 1st floor”
- Alteration, filed Jun 27, 2022, estimated cost $100K, described as “Renovation of existing penthouse apartment on 13th & 14th floor. No change to use egress or occupancy.”
- Alteration, filed May 25, 2022, estimated cost $81K, described as “Minor interior renovations to existing master bedroom and closets on the 9th floor apartment. Work to include non-structural demolition, general construction and related finishes. No change in use, egress or occupancy.”
- Alteration, filed Nov 18, 2021, estimated cost $3K, described as “Three non illuminated non advertising accessory retractable awnings. No change of use, egress or occupancy.”
- Alteration, filed Dec 23, 2020, estimated cost $1K, described as “Installation of Emergency Generator on roof. In conjunction with New Building Application 123470902. No change in use, egress, or occupancy.”
- Alteration, filed Nov 25, 2020, estimated cost $1K, described as “Installation of supported scaffolding in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Feb 13, 2020, estimated cost $1K, described as “Installation of pipe scaffold in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Dec 5, 2019, estimated cost $1K, described as “Installation of sidewalk shed in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Jun 12, 2019, estimated cost $30K, described as “Installation of heavy duty sidewalk shed during building alteration, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed May 16, 2019, estimated cost $10K, described as “Installation of plywood fence, as per drawings. Plywood fence shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application. Fence to be installed on sidewalk/roadway. Dot permits by…”
- Alteration, filed Apr 9, 2019, estimated cost $50K, described as “Installation of scaffold as per drawings. Scaffold shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Dec 6, 2018, estimated cost $3K, described as “Install plywood construction fence in conjunction with demo application # 123202596”
- Alteration, filed Dec 6, 2018, estimated cost $3K, described as “Install plywood construction fence in conjunction with demo application # 123202569”
- Alteration, filed Dec 6, 2018, estimated cost $3K, described as “Install construction fence in conjunction with demo application #123202578”
- Alteration, filed Dec 6, 2018, estimated cost $3K, described as “Install plywood construction fence in conjunction with demo job # 123202587”
- Alteration, filed Oct 16, 2018, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 16, 2018, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 16, 2018, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Oct 16, 2018, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”

## Property taxes

- Assessment: $9,929,250
- 2026–27 tax: $1,218,978
- Market value (city estimate): $22,065,000
- Taxable value: $9,799,650
- Assessed land: $1,198,800
- Assessed improvements: $8,730,450

## Zoning

R10: floor area ratio 11.05 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Feb 24, 2025: $9,125,000
- Jan 28, 2025: $9,950,000
- Aug 7, 2023: $7,600,000
- Jun 28, 2023: $6,250,000
- Jun 21, 2023: $5,850,000
- Dec 6, 2022: $9,500,000
- Oct 26, 2022: $6,975,000
- Oct 26, 2022: $9,765,000
- Jun 15, 2022: $19,725,000
- Jun 7, 2022: $24,750,000

The 10 most recent of 13 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[RAMSA’s 1228 Madison Avenue Stands Complete on Manhattan’s Upper East Side](https://newyorkyimby.com/2021/10/ramsas-1228-madison-avenue-stands-complete-on-manhattans-upper-east-side.html), New York YIMBY, Oct 28, 2021.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology