1661 Madison Avenue, Manhattan
Apartment building · 14 units · built 2022 · Block 1616, Lot 52.
Building permits
- Alteration, filed Jun 23, 2023, estimated cost $8K, described as “Install new plumbing work at first floor as per plans filed in conjunction with application # M00885546”
- Alteration, filed Jun 19, 2023, estimated cost $34K, described as “Proposed int, renovation of ex. health & fitness establishment @1st fl. with the erection of minor non-bearing partitions & new duct branches off existing mechanical system and minor partitions at cellar as reflected on plans.”
- Alteration, filed Mar 11, 2022, estimated cost $3K, described as “Installation of a temporarily supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 22, 2021, 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 300 psf”
- Alteration, filed Mar 15, 2021, 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 300 psf”
- Alteration, filed Jan 19, 2021, estimated cost $1K, described as “Construction fence in conjunction with NB#121207185”
- Alteration, filed Jan 14, 2021, estimated cost $1K, described as “This application is filed to install temp standpipe in conjunction with NB#121207185.”
- Alteration, filed Sep 3, 2020, estimated cost $200K, described as “Filing for structural work type in conjunction with new building job# 121207185. Paa includes a new stair opening on 1st-floor plan.”
- Alteration, filed Aug 4, 2020, estimated cost $1K, described as “Install sprinkler, standpipe, and plumbing systems per the plans filed herewith and in conjunction with NB#121207185. The sprinkler/standpipe systems are hydraulically calculated. There is no change in use, occupancy, or egress.”
- Alteration, filed Jul 31, 2020, estimated cost $1K, described as “Install mechanical systems per the plans filed herewith and in conjunction with NB#121207185. There is no change in use occupancy or egress.”
- Alteration, filed Dec 19, 2019, estimated cost $2K, described as “This is a self certification job To install a construction fence asap prior to demolition around entire building”
Property taxes
- Assessment
- $1,549,800
- 2026–27 tax
- $20,871
- Market value (city estimate)
- $3,444,000
- Taxable value
- $167,788
- Assessed land
- $139,050
- Assessed improvements
- $1,410,750
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $171,908 a year below the full tax.
Zoning
R8A: floor area ratio 6.36 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 4, 2019: $2,650,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Harlem East Harlem Urban Renewal Plan Amendment (City Planning 2020M0408): Completed, decided Mar 2, 2021. HPD seeks an extension to the existing East Harlem Urban Renewal Plan which is set to expire in December 2020.
In the news
Housing Lottery Launches for 1661 Madison Avenue in East Harlem, Manhattan, New York YIMBY, Jan 12, 2023.