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242 MADISON AVENUE

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242 Madison Avenue

BBL 1008670057
Midtown-Times Square · Manhattan
Floors
16
Built
1916
Area
142.8ksf
Units
180

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Address

PLUTO · DOF parcel identity
Property address
242 MADISON AVENUE
Alternate address(es)
20 East 38 St
244-246 Madison Ave
Zip code
10016
Neighborhood
Midtown-Times Square
Borough
Manhattan
Block & lot
00867-0057

Zoning & buildable

Lot 9,381 sf · C5-2
Zoning district
C5-2
PLUTO building class
D4

FAR breakdown & buildable envelope — residential, commercial and community-facility headroom math in the full report.

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Ownership

PLUTO · owner of record
244 MADISON REALTY CORP
Ownership form
Co-op
Co-op
Building-level ownership · units are shares, not lots
Last recorded sale
None since 2000

Tenancy & use

PLUTO units + DHCR rent-stabilization roll
180residential units4 rent-stabilized · 2%
Residential sq. ft.
136,811
Commercial sq. ft.
6,025
PLUTO class
D4
Rent stabilization constrains repositioning — buy-outs typically required to convert stabilized units to market-rate.

Stabilization history on file — the year-by-year DHCR roll, peak unit count and trend are in the full report.

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Lot

PLUTO · DOF parcel geometry
Lot area
9,381 sf
Dimensions
98.8 × 95.0 ft
Position
Corner lot
Front street
E 38 ST
Side street
MADISON AVE
D/F ratio
1.0 shallow lot (atypical for NYC)

Financial

NYC Department of Finance · assessment + last recorded sale
Total assessment
$20.0M
Land value
$2.1M
Exempt
$163K($19.8M taxable)
$/sf (implied)
$140

Debt history · 3 mortgages on record — lenders, amounts and maturity timing in the full report.

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Compliance

HPD & DOB · violations + complaints + jobs
Minor activity
1 open HPD violation · 0 open HPD complaints · 6 active DOB jobs
HPD violations (24 months)
0
DOB violations (24 months)
0
HPD complaints (24 months)
0
HPD complaints (open)
0
DOB jobs (24 months)
10
$1.4M in alteration permits over last 24 months

Provenance

Every datum on this page is sourced from public NYC + federal datasets, refreshed on the schedule below.
SourceWhat it coversLast refresh
PLUTONYC DCP · physical / zoning / ownership baselineJul 9, 2026
ACRISNYC DOF · deed + mortgage historyJul 9, 2026
HPDHousing Preservation & Development · violations + complaintsJul 9, 2026
DOBDepartment of Buildings · violations + permitsJul 9, 2026
DHCRRent Stabilization roll (through 2024)Jul 9, 2026
LPCLandmarks Preservation Commission · landmark statusnot loaded
FootprintNYC DoITT photogrammetric building polygonsnot loaded
Assembled at Jul 9, 2026. Discrepancies between sources reflect upstream-data quality, not assembly bugs — file in our quality tracker.

Data from NYC public records — Department of City Planning (PLUTO), ACRIS, HPD, DOB, DHCR and LPC. Presented for research; verify independently before relying on it.

Brick — the real estate research OS.