Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,740,000

· Closed September 14, 2021

172 MADISON Avenue #24A
Closed For Sale Condo

$2,740,000

$1,879 per sq ft

172 MADISON Avenue #24A

Murray Hill Kips Bay, Manhattan

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MLS® #RLS10797301

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2.5

Baths

1,458

Sq. Ft.

2016

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,458 sq ft
Year Built 2016
Ownership Condo
HOA/Common Charges $2,185/mo
Property Taxes $43,464/yr
Neighborhood Murray Hill Kips Bay
Floor 24 of 33

Property Highlights

  • Exposure: East,South facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full, 1 Half
Floor 24 of 33
Exposure East,South
Pets Yes
Year Built 2016
Living Area 1,458 sq ft
Parcel # 0863-1161

Listing History

Event Date Price Change
Listed Oct 14, 2021 $3,160,000 -
Currently May 14, 2026 $2,740,000 -13.3%

Description

HIGHEST FLOOR 2 BEDROOM WITH OPEN SOUTH AND EAST EXPOSUREN AND PANORAMIC CITY VIEWS. Exceptional opportunity to own residence 24A at 172 Madison Avenue, the best value for ANY A line on a high floor. Now available for immediate occupancy, 24A offers the savvy buyer to take advantage of the best value for two bedrooms in the building. Living Room views East and North over the city skyline and the Chrysler Building with warm and direct light throughout the day. The Master Bedroom enjoys one of the most direct and clear views of the Empire State Building available.Enter through the foyer and be instantly wowed by the close attention to detail and the finest selection of materials. Residence 21B measures 1,488 square feet with two bedrooms and two en-suite bathrooms, plus one guest bathroom. Guests can enjoy a spacious powder room with the honed Portoro marble countertop, Globe Bone porcelain floor tiles and a chiseled limestone accent wall. With 11 foot ceilings, the light and expansive views from the corner great room is sure to impress any new homeowner. World-renowned interior designer Shamir Shah in conjunction with Molteni created a chef's dream kitchen outfitted with the highest quality appliances and stones. The cabinets are a combination of stained oak and high gloss lacquer finish and complemented by the Luce de Luna limestone countertop. The Ann Sacks backsplash accent tiles and the Miele appliance package with a Marvel wine fridge complete the showcase-worthy kitchen.The master suite is not only generous in size but also provides privacy to escape the hectic New York lifestyle. The master bathroom comes equipped with luxurious materials such as Dornbracht polished chrome fixtures, Toto toilet, heated floors, Zuma deep soaking tub and accented with a variety of stones including the Bianco Neve marble walls and Ann Sacks mosaic tiles. There is no shortage of space with three closets dedicated to the master bedroom alone. The secondary bedroom is equally impressive with an ample-sized walk-in-closet as well as an en-suite bathroom. Other features the residence offers is a vented Bosch washer/Dryer and comes prewired for any smart home technology. Designed by Karl Fischer, 172 Madison Avenue is a full-service building with 24-hour doorman/concierge service as well as a live-in resident manager. The amenity package include a fitness center, pet spa, resident's lounge, children's play area, and 60 foot swimming pool and jacuzzi.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $2,185/mo
RE Taxes $43,464/yr ($3,622/mo)
Original Price $3,160,000
Sale Price $2,740,000

About Murray Hill Kips Bay

View All Murray Hill Kips Bay Listings

Murray Hill-kips Bay features a blend of architecture, including brownstones and high-rise co-ops. The neighborhood is accessible via major subway transit lines. Property elements include local parks and architecturally distinctive waterfront views of the East River and Kips Bay.

Murray Hill Kips Bay Live Market Data

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Live data from RLS at REBNY • Updated 5/14/26, 6:44 PM EST

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Location

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172 MADISON Avenue #24A, Murray Hill Kips Bay, New York County

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 $2,185 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $43,464, or roughly $3,622 per month. Verify the current assessment with your attorney before closing.

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

The listed interior living area is 1,458 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 $2,740,000 for 1,458 sq ft, the asking price per square foot is approximately $1,879. 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: RLS10797301
First Listed: 10/14/2021
Price Changed: 10/14/2021
Closed: 9/14/2021
Contract Date: 6/30/2020

Listing Courtesy of Douglas Elliman Real Estate - Eleonora Srugo

Listing Contact: (917) 833-9453

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 5/14/2026 at 10:44 PM UTC

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