Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $490,000

· Closed January 21, 2022

244 MADISON Avenue #16C
Closed For Sale Co-op

$490,000

$817 per sq ft

244 MADISON Avenue #16C

Murray Hill Kips Bay, Manhattan

MURRAY HILL PLAZA

MLS® #RLS10861675

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

600

Sq. Ft.

1916

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 600 sq ft
Year Built 1916
Ownership Co-op
Maintenance $1,409/mo
Parking Garage
Neighborhood Murray Hill Kips Bay
Floor 16 of 17

Property Highlights

  • Exposure: East facing
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 16 of 17
Exposure East
Pets Yes
Cross Street EAST 37 STREET and EAST 38 STREET
Year Built 1916
Living Area 600 sq ft
Parking Garage Available
Architectural Style Prewar
Parcel # 0867-0057-00244-000-000016C

Listing History

Event Date Price Change
Listed Sep 13, 2021 $498,000 -
Currently May 15, 2026 $490,000 -1.6%

Description

New to market! This stunning studio features dramatic 12 foot ceilings, oversized windows, an abundance of closet space, separate dining area and more. Featuring a newly renovated bathroom, renovated kitchen with stainless appliances and granite counter tops, bamboo flooring throughout, and a separate sleeping loft for a king sized bed, residence 16C allows for seamless living, dining and entertaining all in one!

244 Madison is a full service cooperative featuring a 24 hour doorman, live in resident manager, landscaped roofdeck and central laundry. Pied a terres and co purchasing are permitted. Subletting is permitted without restriction after 2 years of ownership.

Just steps from Grand Central, Morgan Library, Bryant Park, Madison Square Park, major subway lines and more!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,409/mo
Original Price $498,000
Sale Price $490,000
Previous Price $498,000

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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Active Listings

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Median Asking Price

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Median $/Sqft

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Avg Days on Market

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New This Week

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Price Reduced

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Live data from RLS at REBNY • Updated 5/15/26, 12:39 AM EST

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Location

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244 MADISON Avenue #16C, Murray Hill Kips Bay, New York County • Near EAST 37 STREET and EAST 38 STREET

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1916
Year Built
110 years old
16
Floors
180
Residential Units
C5-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $19,978,200
Land Value: $2,119,500
Exemptions: $163,185

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

Lot Area: 9,381 SF
Building Area: 142,836 SF
Built FAR: 15.23
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 monthly maintenance are $1,409 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 600 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1916, making it approximately 110 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

At the current list price of $490,000 for 600 sq ft, the asking price per square foot is approximately $817. 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: RLS10861675
First Listed: 9/13/2021
Price Changed: 1/21/2022
Closed: 1/21/2022
Contract Date: 9/13/2021

Listing Courtesy of Douglas Elliman Real Estate - Jessica Levine

Listing Contact: (212) 891-7065

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 5/15/2026 at 4:39 AM UTC

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