---
title: "5 East 22nd Street #16B, New York City, NY 10010"
description: "5 East 22nd Street #16B, New York City, NY 10010 — Flatiron, New York City, NY. Last Sold Price $1,075,000. Sold on 8/21/2026. 1 bed, 1 bath, 600 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/5-east-22nd-street-b-16B-ny-10010"
source: "Real Estate Rebate Team"
dateModified: "2026-08-31T16:40:28.264Z"
status: "Closed"
---

# 5 East 22nd Street #16B, New York City, NY 10010

Flatiron, New York City, NY

Courtesy of Newell & Associates Ltd

Last updated: August 31, 2026, 12:40 PM

## At a Glance

- **Last Sold Price**: $1,075,000
- **Status**: Sold on 8/21/2026
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 600
- **Common Charges**: $686 / mo
- **Price per Sqft**: $1,792
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Property Overview

A tranquil oasis in the heart of the city, this tomb-quiet, sun-flooded 1-bedroom home with direct eastern exposure from oversized windows is above the setback landscaped garden below. Beautifully renovated apartment with custom millwork that includes all new doors and moldings, custom cabinetry around the PTAC units, wood plank flooring, and ample storage with large custom closets. Brand new Arcadia window frames and screens. A large renovated kitchen with custom cabinetry, quartz countertops, and Subzero fridge, and the fully renovated bathroom has a thermostatic controlled shower body(?).

  Madison Green is a luxury F/S condo, centrally located on pretty tree-lined Flatiron block, steps from Madison Square Park, Eataly, Shake Shack, Fifth Avenue shops and a bevy or popular restaurants. Amenities include a 24-hr doorman, concierge, resident super, 24-hr complimentary fitness center, Madison Club resident lounge with wifi, laundry room on every floor, parking garage, ATM and Valet with dry cleaning and wash and fold in the double height lobby with greenhouse windows out to the landscaped garden.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 600 sqft
- **Stories**: 31
- **Year Built**: 1983
- **Price per Sqft**: $1,792
- **Common Charges**: $686 / Monthly
- **Listed On**: May 6, 2026
- **Days on Market**: 124 Days

### Residence Features

- Varies by Unit
- Building Other
- Building Courtyard

### Building Amenities

- Sauna

## Sales Evidence

### Recent closed sales

55 apartments at Madison Green have recorded sales since September 2021, the most recent for $1,075,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 16B (Apartment) | 1 | 600 | $1,075,000 | $1,792/ft² | August 21, 2026 | MLS |
| PHN (Duplex) | 3 | 1,571 | $4,250,000 | $2,705/ft² | April 1, 2026 | City record · MLS |
| 3F (Apartment) | 1 | — | $999,000 | — | November 17, 2025 | City record · MLS |
| 19D (Apartment) | 2 | — | $2,307,500 | — | October 1, 2025 | City record · MLS |
| 16T (Apartment) | 1 | 611 | $1,120,000 | $1,833/ft² | September 29, 2025 | City record · MLS |
| 9R (Apartment) | 1 | 694 | $1,240,000 | $1,787/ft² | September 2, 2025 | City record · MLS |
| 8F (Apartment) | 2 | — | $1,830,000 | — | August 20, 2025 | City record · MLS |
| 3J (Apartment) | 2 | 1,273 | $2,150,000 | $1,689/ft² | August 7, 2025 | City record · MLS |
| 6N (Apartment) | 1 | — | $1,190,000 | — | July 30, 2025 | City record · MLS |
| 5P (Apartment) | 1 | 708 | $1,485,000 | $2,097/ft² | July 2, 2025 | City record · MLS |
| 8-H (Apartment) | 1 | 611 | $1,275,000 | $2,087/ft² | June 6, 2025 | City record |
| 15R (Apartment) | — | 634 | $1,245,000 | $1,964/ft² | June 6, 2025 | City record |
| 25M (Apartment) | 2 | 899 | $2,050,000 | $2,280/ft² | May 8, 2025 | City record · MLS |
| 30L (Apartment) | 1 | 606 | $1,425,000 | $2,351/ft² | April 17, 2025 | City record · MLS |
| 5J (Apartment) | 2 | 1,273 | $2,660,000 | $2,090/ft² | March 4, 2025 | City record · MLS |
| 17C (Apartment) | 2 | 1,056 | $1,995,000 | $1,889/ft² | February 14, 2025 | City record · MLS |
| 10-P (Apartment) | 2 | 992 | $2,375,000 | $2,394/ft² | December 19, 2024 | City record · MLS |
| 15-F (Apartment) | 2 | 850 | $1,690,000 | $1,988/ft² | December 16, 2024 | City record · MLS |
| 11A (Apartment) | 1 | 668 | $1,193,500 | $1,787/ft² | October 23, 2024 | City record · MLS |
| 21F (Apartment) | 2 | 821 | $1,700,000 | $2,071/ft² | October 16, 2024 | City record · MLS |
| 15P (Apartment) | 2 | 1,057 | $2,800,000 | $2,649/ft² | September 26, 2024 | City record · MLS |
| 24M (Apartment) | 2 | 900 | $1,995,000 | $2,217/ft² | September 4, 2024 | City record · MLS |
| 9F (Apartment) | 2 | 821 | $1,730,000 | $2,107/ft² | August 15, 2024 | City record · MLS |
| 27-F (Apartment) | 2 | 821 | $1,900,000 | $2,314/ft² | July 11, 2024 | City record |
| 18R (Apartment) | — | 634 | $1,238,000 | $1,953/ft² | June 28, 2024 | City record |
| 23C (Apartment) | 2 | 1,056 | $2,450,000 | $2,320/ft² | January 17, 2024 | City record · MLS |
| 23-C (Apartment) | 2 | 1,056 | $2,450,000 | $2,320/ft² | January 17, 2024 | City record |
| 17M (Apartment) | 1 | — | $1,550,000 | — | January 10, 2024 | MLS |
| 11S (Apartment) | 1 | — | $1,200,000 | — | December 6, 2023 | City record · MLS |
| 18K (Apartment) | 1 | 700 | $1,400,000 | $2,000/ft² | October 17, 2023 | City record · MLS |
| 16D (Apartment) | 2 | — | $2,425,000 | — | August 31, 2023 | City record · MLS |
| 29C (Apartment) | 2 | — | $2,300,000 | — | July 31, 2023 | City record · MLS |
| 20-C (Apartment) | — | 1,056 | $1,875,000 | $1,776/ft² | July 21, 2023 | City record |
| 8D (Apartment) | 2 | — | $1,925,000 | — | June 14, 2023 | City record · MLS |
| 28S (Apartment) | — | 606 | $1,200,000 | $1,980/ft² | April 20, 2023 | City record |
| 20-D (Apartment) | — | 1,084 | $2,350,000 | $2,168/ft² | January 27, 2023 | City record |
| 25P (Apartment) | — | 1,057 | $50,000 | $47/ft² | January 25, 2023 | City record |
| 19-F (Apartment) | 2 | 821 | $1,780,000 | $2,168/ft² | December 15, 2022 | City record |
| 26H (Apartment) | 1 | 611 | $1,227,500 | $2,009/ft² | December 5, 2022 | City record · MLS |
| 21K (Apartment) | — | 694 | $1,370,000 | $1,974/ft² | September 29, 2022 | City record |

Showing the 40 most recent of 55 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at Madison Green is $1,200,000, based on 19 sales between September 2021 and November 2025. This home is asking $1,075,000, $125,000 below that median. The middle half of those sales closed between $1,177,500 and $1,337,500.

- **Median closed price**: $1,200,000
- **Middle half**: $1,177,500 – $1,337,500
- **Based on**: 19 one-bedroom sales at Madison Green
- **Period**: September 2021 – November 2025

Square footage is recorded for only 11 of these 19 sales (58%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 13 of these sales with a published asking price, the median closed at 95.3% of what it originally asked. 85% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 95.3% of the original ask
- **Closed below ask**: 85% of 13 sales
- **Listed → in contract**: 54 days (about 8 weeks)
- **In contract → closed**: 70 days (about 10 weeks)

Across the 13 of these sales with a published asking price, the median closed at 95.3% of what it originally asked. 85% of them closed below the original ask.

Half of these homes were in contract within 54 days (about 8 weeks) of coming to market, based on the 13 with a recorded listing date.

Once a deal was agreed, closing took a further 70 days (about 10 weeks), based on the 13 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 19 one-bedroom sales at Madison Green, September 2021 – November 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at Madison Green, 2019 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2019 | $1,956/ft² | 11 |
| 2020 | $1,784/ft² | 7 |
| 2022 | $1,925/ft² | 9 |
| 2024 | $2,217/ft² | 11 |
| 2025 | $2,025/ft² | 14 |

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at Madison Green](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/madison-green)

## Price and Property History for 5 East 22ND Street, Unit 16B

Review the recorded listing activity for 5 East 22ND Street, Unit 16B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $50,000, or 4.3%, on August 31, 2026
- **Originally listed**: May 6, 2026 at $1,150,000
- **Last sold**: $1,100,000 on August 21, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 31, 2026 | $1,100,000 | Asking price reduced by $50,000, or 4.3% |
| August 31, 2026 | $1,075,000 | Asking price reduced by $25,000, or 2.3% |
| August 21, 2026 | $1,100,000 | Sold |
| July 6, 2026 | $1,150,000 | Entered contract |
| May 6, 2026 | $1,150,000 | Listed for sale by Newell & Associates Ltd |

## Property Tax History

Taxes at 5 East 22nd Street #16B were $12,810 in 2026, up 1.1% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $105,799 | $10,034 | $95,765 | $102,483 | $12,810 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $112,623 | $10,034 | $102,589 | $101,318 | $12,665 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $104,558 | $10,034 | $94,524 | $99,188 | $12,399 | 12.5% |
| 2023 (FY 2023/24) | $99,534 | $10,034 | $89,500 | $99,534 | $8,170 after $4,274 abatement | 12.502% |
| 2022 (FY 2022/23) | $99,539 | $10,034 | $89,505 | $98,562 | $3,689 after $8,402 abatement | 12.267% |
| 2021 (FY 2021/22) | $99,548 | $10,034 | $89,514 | $99,433 | $3,936 after $8,230 abatement | 12.235% |
| 2020 (FY 2020/21) | $110,218 | $10,034 | $100,184 | $95,504 | $11,715 | 12.267% |
| 2019 (FY 2019/20) | $107,739 | $10,034 | $97,705 | $88,375 | $11,023 | 12.473% |
| 2018 (FY 2018/19) | $102,309 | $10,034 | $92,275 | $85,583 | $10,794 | 12.612% |
| 2017 (FY 2017/18) | $98,084 | $10,034 | $88,050 | $79,339 | $10,091 | 12.719% |
| 2016 (FY 2016/17) | $93,949 | $10,034 | $83,915 | $76,346 | $9,843 | 12.892% |
| 2015 (FY 2015/16) | $74,586 | $10,034 | $64,552 | $70,994 | $9,146 | 12.883% |
| 2014 (FY 2014/15) | $73,057 | $10,034 | $63,023 | $67,886 | $8,727 | 12.855% |
| 2013 (FY 2013/14) | $71,086 | $10,034 | $61,052 | $65,082 | $8,555 | 13.145% |
| 2012 (FY 2012/13) | $69,082 | $10,034 | $59,048 | $61,928 | $8,163 | 13.181% |
| 2011 (FY 2011/12) | $79,146 | $10,034 | $69,112 | $61,717 | $8,290 | 13.433% |
| 2010 (FY 2010/11) | $61,263 | $10,034 | $51,229 | $57,559 | $7,686 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1008511053. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Madison Green

Flatiron · Condominium

5 East 22nd Street, New York, NY 10010

A building in Flatiron, currently featuring 6 active listings.

- **Year Built**: 1983
- **Total Units**: 6
- **Floors**: 31

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/madison-green)

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [16B](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10010/5-east-22nd-street-b-16B-ny-10010) | 1 | 1 | 600 sqft | $1,792 | $1,075,000 | Newell & Associates Ltd | May 6, 2026 | 124 days |
| [22P](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/5-east-22nd-street-22p-ny-10010) | 3 | 3 | 1,956 sqft | $2,554 | $4,995,000 — In contract | Brown Harris Stevens Residential Sales LLC | Apr 21, 2026 | 139 days |
| [23C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/5-east-22nd-street-c-23C-ny-10010) | 2 | 2 | 1,066 sqft | $2,392 | $2,550,000 — In contract | Brown Harris Stevens Residential Sales LLC | May 6, 2026 | 124 days |
| [3G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/5-east-22nd-street-3g-ny-10010) | 1 | 1 | 611 sqft | $1,792 | $1,095,000 | Corcoran Group | Sep 1, 2026 | 6 days |
| [PHDF](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/5-east-22nd-street-phdf-PHDF-ny-10010) | 5 | 4 | 3,617 sqft | $2,737 | $9,900,000 (-9.2%) | Douglas Elliman Real Estate | Jun 5, 2026 | 94 days |
| [10B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/5-east-22nd-street-b-10B-ny-10010) | 1 | 1 | — | — | $1,095,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jun 9, 2026 | 90 days |

## Estimated Monthly Payment

**$6,122 / month**, assuming a 20% down payment ($215,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,436
- **Common Charges**: $686

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Flatiron

Overview of Flatiron

[Explore Flatiron](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Flatiron

- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [Madison Green — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/madison-green)
- [Flatiron neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.