1587 MADISON AVENUE
BBL 1016120050 · Class W1 · Built 1958 · 4 floors · NYC DEPARTMENT OF EDUCATION
1587 MADISON AVENUE is a property in New York City zoned R7-2. The R7-2 classification is Residential R7-2. The structure was built in 1958. It has 4 floors. The building contains 168,000 square feet. Built FAR is 2.08 of 3.44 maximum allowed. Assessed value is $15,915,600. Located in Council District 8.
You can build 525K sf as-of-right. The lot uses 32% of it today.
Governing use: community facility at FAR 6.50 on a 80,732 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
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