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118 Madison Street

141Records
15City systems
10Open violations
34.1Penalty rate
Manhattan · ZIP 10002 · Neighborhood: Chinatown-Two Bridges
Open in the map

141 recorded events, 1971–2026, from 15 city data systems. The city's paper trail here is mostly 27 rodent inspections, 24 311 service requests, 21 HPD housing violations.

BoroughManhattan 10002
Built1900
Floors5
Res. units8
ClassC7
Owner (PLUTO)118 MADISON ST CORP
BBL1002760030
BIN1003308

Full record, year by year   Support this site

GRADE B

A modest record — below the level that usually signals systemic problems. More recorded distress than 65% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 34.1. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations10 total — 1 class C (immediately hazardous), 9 class B, 0 class A. Oldest open since 2019-04-26.

status snapshot refreshed weekly from HPD records

Patterns

No heat or hot-water complaints in the last three years.

1 bedbug-infested unit(s) reported in filings over the last three years.

What 311 hears from this address

7 service requests in the last three years. Most common: UNSANITARY CONDITION (2) · Dirty Condition (1) · Illegal Parking (1) · Lead (1) · Smoking or Vaping (1) · Building/Use (1).

Filed construction activity

No permitted work with a declared cost filed in the last decade. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1900)
YesSix or more residential units (8)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)118 MADISON ST CORP
Head officerSAUSING PAN
Managing agentNEW GOLDEN AGE REALTY INC.
Last registered2025-08-22

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$1,704,000 $766,800
2026$2,045,000 $920,250
2027$2,454,000 $1,104,300

The city's market estimate has risen 44% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 3 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

No street-flooding or sewer-backup complaints on record at this address.

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayEast Broadway — F · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
Grand St — B D · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none
BusNearest boarding stop: Madison St / Market St — M15 · 100 ft
Citi BikeMarket St & Henry St · 350 ft · station location as of 2026-09-23; live availability
Bike facilityShared bike route mapped within 75 ft
School zones (2024–25 map)Elementary: P.S. 126 Jacob August Riis
Middle: M.S. 131. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

118 Madison Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

7 311 service requests from this address in the last three years.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by NEW GOLDEN AGE REALTY INC. — 34 buildings, 710 units. Grades across the portfolio: A24 · B7 · C2 · D1. See the whole portfolio

BuildingBoroughUnitsGrade
148 Madison Street MN80 A
25 Market Street MN74 A
158 Hester Street MN61 A
46 Henry Street MN32 A
17 Catherine Street MN32 C
420 42 Street BK31 A
165 Henry Street MN30 A
121 East Broadway MN30 A
249 East 50th Street MN27 A
48 Market Street MN26 A
136 East Broadway MN23 A
375 Broome Street MN22 D
135-10 35 Avenue QN20 A
87 Elizabeth Street MN18 A
107 Hester Street MN17 A
41 Spring Street MN17 A
33 Catherine Street MN16 A
38 East Broadway MN16 A
31 Orchard Street MN15 A
33 Orchard Street MN14 B
217 Mott Street MN12 A
18 Eldridge Street MN10 A
181 Hester Street MN9 A
118 Madison Street MN8 B
143 Mott Street MN8 B
100 Mott Street MN8 A
238 Elizabeth Street MN8 A
127 East Broadway MN8 B
259 East 7 Street MN8 B
136 Division Street MN7 B
41 Market Street MN7 A
61 East Broadway MN6 A
24 West 56 Street MN6 C
150-01 Northern Boulevard QN4 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $585,000 on 2004-03-15 (lender: Washington Mutual Bank, Fa, A Federal Association). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2004-03-15Mortgage $585,000 — from 118 MADISON STREET CORP. to WASHINGTON MUTUAL BANK, FA, A FEDERAL AS $585,000
1995-10-17Mortgage $200,000 — from 118 MADISON STREET CORP. to BO HING REALTY CORP. $200,000

Ten-year activity

50250
2017
2018
23
2019
2020
2021
2022
2023
2024
2025
2026
EnforcementHousing & tenantsHealth & systems
Show as table
YearEnforcementHousing & tenantsHealth & systemsTotal
20170112
20180033
2019020323
20200628
20210123
202226311
202361411
20240224
2025113317
20261337
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The full timeline

Construction 6Enforcement 19Housing & tenants 68Ownership & money 13Health & systems 35

Every one of the 141 recorded events, 1971–2026, is laid out year by year in the full report (print-ready).

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