Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,875,000

· Closed October 2, 2024

172 MADISON Avenue #7B
Closed For Sale Condo

$1,875,000

$1,260 per sq ft

172 MADISON Avenue #7B

Midtown, Manhattan

MLS® #RLS10951229

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2.5

Baths

1,488

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,488 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $2,057/mo
Property Taxes Contact for details
Neighborhood Midtown
Floor 7 of 33

Property Highlights

  • Views: City
  • Climate Control: Central Air
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 7 of 33
View City
Cooling Central Air
Pets Yes
Year Built 2016 (New)
Living Area 1,488 sq ft
Structure Type HighRise
Basement Other
Parcel # 0863-1114
Block/Lot 00863/1114

Listing History

Event Date Price Change
Listed Apr 24, 2024 $2,150,000 -
Currently May 8, 2026 $1,875,000 -12.8%

Description

Introducing Residence 7B at 172 Madison Avenue.
This exquisite Home offers stunning views of the city skyline and the iconic Chrysler Building from its living room, with warm natural light streaming in throughout the day. The Master Bedroom provides a serene sanctuary away from the hustle and bustle of the city, ensuring peaceful nights and restful mornings.
Step through the foyer and prepare to be captivated by the meticulous attention to detail and the selection of the finest materials. Spanning 1,488 square feet, this residence features two bedrooms and two en-suite bathrooms, along with an additional guest bathroom. A spacious powder room welcomes guests with honed Portoro marble countertops, Globe Bone porcelain floor tiles, and a chiseled limestone accent wall.
With 11-foot ceilings, the corner great room offers an airy ambiance and expansive views, sure to impress any homeowner. Renowned interior designer Shamir Shah, in collaboration with Molteni, has crafted a chef's dream kitchen. The space is adorned with top-of-the-line appliances and stones, including stained oak and high gloss lacquer finish cabinets, a Luce de Luna limestone countertop, Ann Sacks backsplash accent tiles, and a Miele appliance package with a Marvel wine fridge.
The master suite exudes luxury and privacy, featuring Dornbracht polished chrome fixtures, a Toto toilet, heated floors, a Zuma deep soaking tub, Bianco Neve marble walls, and Ann Sacks mosaic tiles. Three closets dedicated to the master bedroom provide ample storage space. The secondary bedroom impresses with a generous walk-in closet and an en-suite bathroom.
Additional highlights of this residence include a vented Bosch washer/dryer and prewiring for smart home technology. Designed by Karl Fischer, 172 Madison Avenue offers full-service amenities, including 24-hour doorman/concierge service, a live-in resident manager, a fitness center, pet spa, resident's lounge, children's play area, and a 60-foot swimming pool and Jacuzzi.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Common Playroom Concierge Game Room Indoor Pool Steam Room

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 72
Stories 33
Structure HighRise

Financial Details

Common Charges $2,057/mo
RE Taxes Contact for details
Original Price $2,150,000
Sale Price $1,875,000
Previous Price $2,150,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

203

Median Asking Price

$1.97M

Median $/Sqft

$1,694

Avg Days on Market

N/A

New This Week

3

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$2.17M

Live data from RLS at REBNY • Updated 5/8/26, 12:09 AM EST

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Location

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172 MADISON Avenue #7B, Midtown, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
34
Floors
72
Residential Units
C5-2
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $29,616,764
Land Value: $4,487,871
Exemptions: $372,353

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 10,752 SF
Building Area: 116,877 SF
Built FAR: 10.87
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,057 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,488 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2016, making it approximately 10 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,875,000 for 1,488 sq ft, the asking price per square foot is approximately $1,260. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10951229
First Listed: 4/24/2024
On Market: 4/24/2024
Price Changed: 10/8/2024
Closed: 10/2/2024
Contract Date: 4/24/2024

Listing Courtesy of Corcoran Group - Raphael Sitruk

Listing Contact: (646) 717-3990

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/8/2026 at 4:09 AM UTC

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