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242 Madison Avenue

1,032Records
19City systems
1Open violations
0.1Penalty rate
Manhattan · ZIP 10016 · Neighborhood: Midtown-Times Square
Open in the map

1,032 recorded events, 1900–2026, from 19 city data systems. The city's paper trail here is mostly 289 ACRIS deeds & mortgages, 250 311 service requests, 148 DOB permits.

BoroughManhattan 10016
Built1916
Floors16
Res. units180
ClassD4
Owner (PLUTO)244 MADISON REALTY CORP
BBL1008670057
BIN1017221

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 96% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 0.1. In ZIP 10016, 71% of residential buildings hold an A and 4% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations1 total — 1 class C (immediately hazardous), 0 class B, 0 class A. Oldest open since 2012-07-13.
Active vacate order1 unit(s) under an unrescinded HPD vacate order

status snapshot refreshed weekly from HPD records

Patterns

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

No bedbug-infested units reported in the last three years of filings.

$250 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

37 service requests in the last three years. Most common: Noise (12) · Encampment (6) · For Hire Vehicle Complaint (3) · General Construction/Plumbing (3) · Homeless Person Assistance (3) · Consumer Complaint (2).

Filed construction activity

$3,072,600 in permitted construction work filed since 2016 (32 filings with a declared cost) — a rough measure of how actively the owner maintains the building. 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 (1916)
YesSix or more residential units (180)
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)244 MADISON REALTY CORP
Head officerGARY SIMON
Managing agentDOUGLAS ELLIMAN PROPERTY MANAGER
Last registered2025-07-14

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$39,877,000 $17,944,650
2026$40,210,000 $18,094,500
2027$44,396,000 $19,978,200

The city's market estimate has risen 11% between tax years 2025 and 2027.

Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $7,076,095 a year ($49.54 per sq ft), operating expenses $2,551,051 ($17.86 per sq ft), net operating income $4,525,044. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)D — ENERGY STAR score 21/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNO2FUEL
Facade (Local Law 11)SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)

Flood exposure

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

Not in a hurricane evacuation zone.

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

SubwayGrand Central-42 St — 4 5 6 7 S · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: full
42 St-Bryant Pk — 7 B D F M · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
BusNearest boarding stop: Madison Av / E 38 St — M3 M4 · 150 ft
Citi BikeW 37 St & 5 Ave · 500 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 116 Mary Lindley Murray
Middle: J.H.S. 104 Simon Baruch. 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

242 Madison Avenue

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

37 311 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 DOUGLAS ELLIMAN PROPERTY MANAGEMENT — 313 buildings, 53,552 units. Grades across the portfolio: A294 · B9 · C2 · D3. See the whole portfolio

BuildingBoroughUnitsGrade
2049 Bartow Avenue BX10914 A
163-15 Baisley Boulevard QN5860 A
120 Erskine Place BX4458 A
209-90 23 Avenue QN1037 A
54-17 31 Avenue QN966 A
330 East 38 Street MN830 A
2928 West 5 Street BK572 A
2940 West 5 Street BK572 A
200 Rector Place MN540 A
200 East 66 Street MN490 A
245 East 54 Street MN444 A
22 Thames Street MN439 A
25 Central Park West MN416 A
1781 1 Avenue MN367 A
425 East 58 Street MN348 A
2 5 Avenue MN343 A
150 West 56 Street MN337 A
25 Sutton Place South MN320 A
25 Broad Street MN308 A
245 East 93 Street MN290 A
83-85 Woodhaven Boulevard QN288 A
139-15 83 Avenue QN282 A
45 Sutton Place South MN278 A
14 West 4 Street MN274 A
9 5 Avenue MN267 A
631 Hudson Street MN261 A
70-20 108 Street QN254 A
200 East 89 Street MN253 A
5 West 53 Street MN245 A
130 William Street MN240 A
230 West 55 Street MN232 A
240 East 47 Street MN229 A
142-05 Roosevelt Avenue QN228 A
641 5 Avenue MN224 A
230 East 20 Street MN223 A
249 8 Avenue MN221 A
333 East 43 Street MN215 A
1461 1 Avenue MN215 A
2360 Broadway MN207 A
1485 5 Avenue MN206 B
101 West 24 Street MN202 A
133 West 11 Street MN199 A
188 East 64 Street MN194 A
139 East 33 Street MN193 A
225 East 34 Street MN190 A
555 West 59 Street MN186 A
211 Central Park West MN183 A
22 West 14 Street MN182 A
242 Madison Avenue MN180 A
1030 3 Avenue MN176 A
120 4 Avenue MN175 A
1185 Park Avenue MN172 A
173 Riverside Drive MN167 A
201 East 25 Street MN164 A
1156 3 Avenue MN163 A
515 East 79 Street MN163 A
111 East 85 Street MN160 A
280 East Houston Street MN158 A
2420 Broadway MN158 A
726 Greenwich Street MN157 A

showing 60 of 313 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $3,234,848 on 2021-02-09 (lender: PNC Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-08-25RPTT&RET $390,000 — from SINGH, ANURADHA to LOLENG, CRISTETA S; SARMIENTO LOLENG, DENNIS FRANCIS $390,000
2026-08-03Sold for $390,000 $390,000 $2,167
2026-02-13RPTT&RET $720,000 — from LAHIOUEL, HAFIDA to LYU, SHUYI $720,000
2026-02-11RPTT&RET $640,000 — from FLEURI, ANNALIZA; FLEURI, CASSIO to KIM, LAWRENCE; SCHULZ, SIRA $640,000
2026-02-10Sold for $720,000 $720,000 $4,000
2026-02-05Sold for $640,000 $640,000 $3,556
2025-12-05RPTT&RET $625,000 — from SHERMAN, RACHEL MAE; SHERMAN, IAN DOUGLAS to WANG, ALEXANDER $625,000
2025-12-01Sold for $625,000 $625,000 $3,472
2025-11-07RPTT&RET $519,000 — from LEGRANGE, KATHLEEN to SHIBATA, RYO $519,000
2025-11-03RPTT&RET $525,000 — from LEE-KOMAROMI, HEIDI; LEE, HEIDI to GARRY, EMMA M $525,000
2025-10-24Sold for $519,000 $519,000 $2,883
2025-10-14Sold for $525,000 $525,000 $2,917
2025-07-22RPTT&RET $640,000 — from PARIS, GORDON A; DIMARCO PARIS, LUCIANA to PAULUS, PHILIPP $640,000
2025-07-11Sold for $640,000 $640,000 $3,556
2025-06-06RPTT&RET $631,000 — from CIOLFI, DEBORAH A; PILKINGTON, CHRISTOPHER; PILKINGTON, ANDREW to TAN, XIAOLIANG; TANG, JIANNING; TAN, PUHE $631,000

Ten-year activity

100500
2017
2018
2019
2020
2021
71
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017813223064
2018531512338
2019891423458
2020734114267
2021501224243
2022522731671
202384721343
202491078539
2025941618249
2026110147234
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The full timeline

Construction 252Enforcement 85Housing & tenants 271Ownership & money 386Health & systems 38

Every one of the 1,032 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10016 · Landlord rankings · How grades work · The map · The Mice Map