# 1650 Madison Avenue, Manhattan

Condominium · 1 unit · built 2022 · Block 1615, Lot 7502.

On Umarelli: https://umarelli.org/nyc/1016157502/1650-madison-avenue

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

## Building permits

- Alteration, filed Aug 1, 2025, estimated cost $405K, described as “Interior build-out of 2 Ambulatory health facilities (Treatment Health Care Facilities) for 1 tenant w/ new non-structural partitions, ceilings & flooring. Scope includes new finishes & new lighting w/ 1 new pantry (w/ sink & dishwasher)…”
- Alteration, filed May 20, 2024, estimated cost $340K, described as “Tenant fit out for existing treatment health care facility. Work include general construction and mechanical.”
- Alteration, filed Mar 7, 2024, estimated cost $119K, described as “Renovation of existing commercial space at first floor with minor partition changes, doors, carpentry & hung ceiling as per plans filed.”
- Alteration, filed Mar 7, 2024, estimated cost $8K, described as “Install new plumbing fixtures for proposed new toilet in conjunction with general construction work filed.”
- Alteration, filed Aug 5, 2021, estimated cost $1K, described as “Plumbing work type in conjunction with NB# 121209469”

## Property taxes

- Assessment: $5,340,601
- 2026–27 tax: $83,410
- Market value (city estimate): $11,868,001
- Taxable value: $2,191,527
- Assessed land: $927,901
- Assessed improvements: $4,412,700
- Condo units with their own tax lots: 5

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $383,175 a year below the full tax.

## Zoning

R7-2: floor area ratio 5.63 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Housing Lottery Launches for 1650 Madison Avenue in East Harlem, Manhattan](https://newyorkyimby.com/2023/07/housing-lottery-launches-for-1650-madison-avenue-in-east-harlem-manhattan.html), New York YIMBY, Jul 19, 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