Building report

971 Madison Avenue · Manhattan · BBL 1013907501 · generated 2026-10-20 · FREE Print / save PDF

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Where the penalty points come from

Open with the city right now

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

Patterns

2 heat or hot-water complaints in the last three years (winter 2024–25: 2).

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

What 311 hears from this address

28 service requests in the last three years. Most common: Vendor Enforcement (18) · Illegal Parking (3) · Water System (1) · For Hire Vehicle Complaint (1) · HEAT/HOT WATER (1) · Taxi Complaint (1).

Filed construction activity

$4,069,254 in permitted construction work filed since 2016 (46 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

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

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

What the city thinks it's worth

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

Tax exemptions on the roll: SENIOR CITIZEN HOMEOWNER

For property tax, the Department of Finance values this condo as if it were a rental building. Its 2023 estimate: gross income $1,587,473 a year ($65.39 per sq ft), operating expenses $444,269 ($18.30 per sq ft), net operating income $1,143,204. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

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

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

971 Madison Avenue Copy address

28 311 service requests from this address in the last three years — 1 of them about heat or hot water.

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 MATTHEW ADAM PROPERTIES — 57 buildings, 2,537 units. Grades across the portfolio: A49 · B7 · C1. See the whole portfolio

Sales, deeds & mortgages

Ten-year activity

Show as table

Year	Construction	Enforcement	Housing & tenants	Ownership & money	Health & systems	Total
2017	6	3	2	22	17	50
2018	6	5	10	1	11	33
2019	0	4	5	12	5	26
2020	0	2	9	15	2	28
2021	10	3	7	15	1	36
2022	5	1	9	8	0	23
2023	19	1	10	3	2	35
2024	5	0	9	17	0	31
2025	15	0	6	27	0	48
2026	32	1	17	40	8	98

The last 12 months — 113 records

showing the 80 most recent

The full timeline

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