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Condominium
809 Madison Avenue
809 Madison Avenue, New York, NY 10065

809 Madison Avenue

809 Madison Avenue, New York, NY 10065

Lenox Hill, Upper East Side

BBL 1013827502 · BIN 1041234

At a glance
Type
Condominium
Landmark
In a historic district

809 Madison Avenue is a 1920s apartment building on the southeast corner of Madison Avenue and East 68th Street, one block from Central Park, being converted from rental apartments to about a dozen full-floor condominiums. Macklowe Properties and SK Development bought the residential portion for $49 million in September 2025, per published reporting. The building had been vacant for about three years.

The numbers explain the project. Department of Buildings filings show 33 existing apartments on 13 stories, to become 12 apartments on 14 stories at 160 feet. Published reporting describes single-floor homes averaging about 4,000 square feet, with a penthouse on a terrace of about 1,500 square feet, and prices expected above $20 million. At those figures a typical floor would be at or above $5,000 per square foot, which is arithmetic on reported numbers, not a published price.

Full-floor condominiums with private elevator landings are rare on Madison Avenue below 72nd Street. Most comparable homes in the area are in prewar cooperatives, where boards set financing, use and resale rules. Here the same layout comes with condominium ownership.

Architecture and the conversion

F.B. and A. Ware designed the building in 1924–25 in the neo-Renaissance style, with limestone, brick and terra cotta facades, per the Landmarks Preservation Commission record. PLUTO lists 1925. The building is in the Upper East Side Historic District, so exterior work needs Commission approval. The Commission approved the facade restoration, new windows and a rooftop penthouse addition in 2025, using the site's unused air rights. Preservation testimony at the hearing supported the facade restoration and objected to the bulk of the two-story penthouse.

Robert A.M. Stern Architects leads the design, and published reporting names SLCE Architects as architect of record. Planned layouts include private elevator landings, separate entertaining and sleeping wings, eat-in kitchens with pantries, corner living rooms with multiple exposures and wood-burning fireplaces, and primary suites with two walk-in closets, a morning kitchen and a five-fixture bath.

The ground-floor retail is a separate condominium unit, sold in 2024 for $9 million, per published reporting. PLUTO already records the property as a condominium (residential lot 7502). Buyers will share the building with a commercial owner they do not control.

What the filings show

  • Job type. The main DOB application (M01262427) is filed as an "ALT-CO — New Building with Existing Elements to Remain": a gut alteration that keeps the structure and facades and issues a new certificate of occupancy.
  • Envelope. Existing 13 stories, 120 feet, 33 dwelling units; proposed 14 stories, 160 feet, 12 dwelling units, with about 54,000 to 56,000 square feet of construction floor area.
  • Work under way. A gantry was permitted in August 2026 and contractor sheds in October 2026. Foundation work for the horizontal and vertical enlargement was approved October 5, 2026. Partial-demolition and temporary-bracing applications were in plan review in mid-October 2026.

Unit count conflict. The DOB filing proposes 12 residences. Published reporting describes 13 full-floor homes. A listing record still shows the building's existing 33 apartments, and PLUTO records 11 residential units. The offering plan's Schedule A will settle the final count.

Height conflict. DOB shows 14 proposed stories. Published reporting gives 12 stories at 159 feet and, elsewhere, 15 stories. The DOB filing is the most recent record.

Offering and pricing

No condominium offering plan has been filed with the New York State Attorney General as of October 2026. No asking prices have been published. Published reporting says homes are expected to sell above $20 million, and a commercial property database lists a $20 million to $30 million range. Listing records show a target sales launch in the fourth quarter of 2026 and delivery in the fourth quarter of 2027. Treat both dates as unconfirmed.

At 12 homes above $20 million each, the sellout would exceed $240 million. That figure is an inference from reported numbers, not a filed offering total.

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
Assessed · 2005–10 to 2020–25
$17,300 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.

See the full facade history →
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There are no sponsor sales yet. Register below and we’ll reach out the moment pricing and the offering plan are released — before the building is on the open market.

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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

What to know if you’re buying

No deposits before the plan is accepted. Before the Attorney General accepts an offering plan, a sponsor may only collect non-binding expressions of interest under an approved CPS-1 application. It may not take reservations or deposits. The plan sets the unit list, prices, budget and closing conditions.

Closing costs at this price. In sponsor sales the buyer customarily pays the New York State transfer tax (0.65% at $3 million or more) and the New York City transfer tax (1.425%), plus the mansion tax. On a $20 million purchase that comes to about $415,000 in transfer taxes before any gross-up, plus $750,000 in mansion tax at the 3.75% tier. Use the calculators below to run your own price.

Conversion risk is different from ground-up risk. Expect the plan to disclose which original elements stay, the scope of new building systems, and any limits on the sponsor's warranties for an existing structure. Ask how the windows, the fireplaces and the new mechanical systems are specified and warrantied.

The retail condominium. The ground-floor commercial unit is owned separately. Review how the declaration splits common charges, insurance and facade-maintenance costs between residential and commercial owners, and what controls apply to retail use.

Landmark obligations continue after closing. Owners in a historic district need Commission approval for exterior changes, including window replacement and terrace work. The penthouse terrace and any rooftop installations fall under that review.

Closing on a temporary certificate of occupancy. Because the job replaces the certificate of occupancy, early closings may take place on a temporary certificate of occupancy (TCO). Ask what the sponsor holds back until the final certificate issues.

Comparable buildings

More Upper East Side buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at 809 Madison Avenue?

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com