Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
172 Madison Avenue #16B
Interested in this property?
Active For Sale Condo

$2,395,000

$1,610 per sq ft

172 Madison Avenue #16B

Midtown, Manhattan

MLS® #RLS20091795

RLS at REBNY

Listing by Compass

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 $2,090/mo
Property Taxes $40,068/yr
Neighborhood Midtown
Floor 16 of 33

Property Highlights

  • Location: Midtown, Manhattan
  • Property Type: Condo
  • Built: 2016

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 16 of 33
Pets Yes, CatsOk, DogsOk
Year Built 2016
Living Area 1,488 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0863-1138
Block/Lot 00863/1138

Listing History

Event Date Price Change
Listed Jun 23, 2026 $2,395,000 -
Currently Jun 23, 2026 $2,395,000 -

Description

Welcome to elevated high-rise living on Madison Avenue in NoMad. This exceptional 1,488 sq. ft. two-bedroom, two-and-a-half-bath condominium offers a seamless blend of contemporary sophistication and effortless city living. Designed by acclaimed architect Karl Fischer with interiors by Shamir Shah, the residence features a sleek, modern kitchen appointed with premium Miele appliances, quartzite slab countertops, Molteni Dada high-gloss lacquer cabinetry, a vented hood, and wine refrigerator—perfectly suited for both daily living and elegant entertaining. Soaring 11-foot ceilings and dramatic floor-to-ceiling windows bathe the home in natural light, enhancing the expansive and airy ambiance throughout. Both bedrooms are generously proportioned and complemented by ample closet space, including an oversized entry closet. Clean architectural lines, refined finishes, and thoughtful details create a residence that feels both polished and inviting. Residents enjoy an extraordinary collection of amenities, including a 24-hour doorman and concierge, a 67-foot saltwater pool, spa with steam rooms, state-of-the-art fitness center, children’s playroom, club lounge, pet spa, bicycle storage, sun terrace, and beautifully landscaped open-air plaza. Perfectly positioned at the crossroads of NoMad, Midtown, and the Flatiron District, the building offers immediate access to world-class dining, shopping, and transportation. Every detail at 172 Madison has been thoughtfully curated to deliver a lifestyle of comfort and distinction. With no more than three residences per floor and only 69 homes in total, the building offers a rare sense of privacy and exclusivity, complemented by the conveniences of a premier full-service luxury address.

Features & Amenities

Interior Features

Entrance Foyer High Ceilings Kitchen Island Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood

Building Amenities

Bike Storage Common Lounge Common Playroom Concierge Elevators Fitness Center Health Club Indoor Pool Sauna Steam Room Sauna

Appliances

Cooktop Gas Cooktop Gas Oven Refrigerator Range Hood Stainless Steel Appliances

Building Information

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

Financial Details

Common Charges $2,090/mo
RE Taxes $40,068/yr ($3,339/mo)

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

231

Median Asking Price

$1.79M

Median $/Sqft

$1,695

Avg Days on Market

N/A

New This Week

5

Price Reduced

36%

Sold (30 Days)

18

Median Sale Price

$2.40M

Live data from RLS at REBNY • Updated 6/23/26, 3:57 AM EST

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Location

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172 Madison Avenue #16B, 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 $2,090 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $40,068, or roughly $3,339 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 1,488 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: Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,395,000 for 1,488 sq ft, the asking price per square foot is approximately $1,610. 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: RLS20091795
First Listed: 5/16/2026
On Market: 6/23/2026
Contract Date: 4/24/2026

Listing Courtesy of Compass - Ashley Monaco

Listing Contact: (631) 838-4257

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 6/23/2026 at 7:57 AM UTC

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