# 1295 Madison Avenue, Manhattan

Condominium · 21 units · built c. 1930 · Block 1504, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1015047501/1295-madison-avenue

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

## Building permits

- Alteration, filed Jan 22, 2026, estimated cost $5K, described as “Alteration filed for minor General Construction and Mechanical ventilation work as per plans filed. No change in occupancy, use or egress.”
- Alteration, filed Sep 3, 2024, estimated cost $2K, described as “Erect accessory business wall signs for chase, no change in use, egress or occupancy.”
- Alteration, filed Aug 11, 2023, estimated cost $270K, described as “Mechanical work for JPMorgan Chase Bank, N.A. tenant fit out. No change to use, egress, or occupancy under this application.”
- Alteration, filed Aug 10, 2023, estimated cost $23K, described as “Sprinkler work for JPMorgan Chase Bank, N.A tenant fit out project. No change to use, egress, or occupancy under this application.”
- Alteration, filed Aug 10, 2023, estimated cost $68K, described as “Plumbing work for JPMorgan Chase Bank, N.A. tenant fit out project. No change to use, occupancy, or egress under this application.”
- Alteration, filed Aug 8, 2023, estimated cost $380K, described as “JPMorgan Chase Bank, N.A. tenant fit out project as per plans filed herein. No change to use, occupancy, or egress under this application.”
- Alteration, filed Jul 7, 2023, estimated cost $1K, described as “Installation of overhead protection during construction. Overhead protection shall comply with nycc 2022 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Oct 14, 2022, estimated cost $400K, described as “Application filed for exterior facade repair as per Local Law 11. No change in occupancy, use or egress.”
- Alteration, filed Feb 28, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Feb 28, 2022, estimated cost $1K, described as “Installation of temporary construction fence as per plans. No change in use, occupancy or egress.”
- Alteration, filed Aug 17, 2021, estimated cost $1K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 8, 2021, estimated cost $1K, described as “Installation of construction fence in accordance with nycc 2014 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Nov 19, 2020, 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 Aug 4, 2020, estimated cost $84K, described as “Installation of a new sprinkler and standpipe system as per plans filed. Filed in conjunction with Alt I #123847392.”
- Alteration, filed Jun 8, 2020, 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 May 27, 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 Mar 16, 2020, estimated cost $4K, described as “Filed herewith plans & applications for installation of a dry temporary standpipe during construction. Filed in conjunction with Alt I #123847392.”
- Alteration, filed Feb 12, 2020, estimated cost $78K, described as “Filed herewith plans and applications for temporary removal of existing sprinkler/standpipe system during construction. Filed in conjunction with Alt I #123847392.”
- Alteration, filed Jan 13, 2020, estimated cost $1K, described as “Herewith filed for Structural work only. Filed in conjunction with Alt I #123847392.”
- Alteration, filed Jan 13, 2020, estimated cost $110K, described as “Filed herewith Mechanical work only. Filed in conjunction with Alt I #123847392.”
- Alteration, filed Jan 8, 2020, estimated cost $201K, described as “Filed herewith Plumbing work only. Filed in conjunction with Alt I #123847392.”
- Alteration, filed Jan 30, 2018, estimated cost $15K, 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.”

## Property taxes

- Assessment: $8,812,942
- 2026–27 tax: $1,039,779
- Market value (city estimate): $19,584,318
- Taxable value: $8,453,415
- Assessed land: $3,289,500
- Assessed improvements: $5,523,442
- Condo units with their own tax lots: 23

## Zoning

R10: floor area ratio 8.15 built, 10.00 allowed by base zoning.

## Recent sales

- Sep 17, 2026: $1,750,000, Apt NRU1
- Jun 11, 2026: $13,000,000, Apt NRU2
- Jan 29, 2026: $77,306, Unit PH
- Mar 7, 2025: $3,601,394, Apt 3B
- Dec 17, 2024: $3,300,000, Apt 2B
- Nov 21, 2024: $2,350,000, Apt 4C
- Sep 9, 2024: $18,529,863, Unit PH
- Jun 10, 2024: $7,762,000, Apt 6A
- May 30, 2024: $2,701,613, Apt 5C
- Apr 15, 2024: $4,850,000, Apt 5A

The 10 most recent of 25 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## Landmarks

Part of Expanded Carnegie Hill Historic District (Historic District). 6 Landmarks Preservation Commission permits are on file.

## In the news

[YIMBY Tours The Wales At 1295 Madison Avenue on Manhattan’s Upper East Side](https://newyorkyimby.com/2023/10/yimby-tours-the-wales-at-1295-madison-avenue-on-manhattans-upper-east-side.html), New York YIMBY, Oct 30, 2023.

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