---
title: "127 MADISON Avenue #4, New York City, NY 10016"
description: "127 MADISON Avenue #4, New York City, NY 10016 — NoMad, New York City, NY. Listing Price $2,000,000. 2 bed, 2 bath, 1,557 sqft Illustrative Buyer Commission Share of $30,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/127-madison-avenue-4-ny-10016"
source: "Real Estate Rebate Team"
status: "Active"
---

# 127 MADISON Avenue #4, New York City, NY 10016

NoMad, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $2,000,000
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,557
- **Common Charges**: $1,911 / mo
- **Price per Sqft**: $1,285
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $2,000,000
- **Illustrative Buyer Commission Share**: -$30,000*
- **Illustrative Net Cost**: $1,970,000

*Illustrative Buyer Savings of $30,000 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (9)

![127 MADISON Avenue #4, New York City, NY 10016 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52c30de0-ac19-4156-a4bb-b1131e1a6cce.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56f987d9-29d4-42e5-95b9-f23c824cacff.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80df4a04-121c-4206-bbf7-d6e37d455113.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61dcc16d-0f86-49c1-999a-95c3f8687926.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67182622-d75d-4790-aa11-921d9151576f.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e864ba39-f0b6-4d71-b70c-a0585107b17a.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9f2670c-1c74-4f05-a0cb-0af935e4f26c.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7c94b617-3476-48c5-a336-64c457275553.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5ad92059-02db-4171-943f-5b9294f7d413.jpg)

## Property Overview

M127 is a celebration of materiality and history -- a 1920 prewar boutique condo reimagined through progressive design, with seven full-floor simplexes and two duplex penthouses. The building's architecture bridges old-world character with modern precision, resulting in residences that feel both grounded and refined.

 Positioned on the fourth floor of this intimate nine-unit SHoP Architects-designed building, the apartment offers 1,577 square feet of thoughtfully designed living space accessible through a private keyed elevator. In addition to being one of NoMad's most architecturally distinctive buildings, M127 offers its residents scale, low carrying costs ($2.40 PSF), and privacy that a boutique full-floor layout affords.

 The open chef's kitchen is outfitted by Schiffini, the timeless kitchen designer, and features a SubZero refrigerator, Bosch appliances, a built-in Miele espresso maker, and Carrara marble countertops. The bathrooms are appointed with Axor faucets and Bisazza tiles.

 The building, which boasts a newly renovated lobby, is located by Madison Square Park, the location places residents at the intersection of NoMad, Flatiron, and Gramercy, with seamless access to the city's finest dining, culture, and transit.

 Taxes can be reduced by 17.5 percent through the primary condo abatement.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,557 sqft
- **Stories**: 12
- **Year Built**: 1920
- **Price per Sqft**: $1,285
- **Common Charges**: $1,911 / Monthly
- **Listed On**: Jun 10, 2026
- **Days on Market**: 89 Days

### Residence Features

- Washer Hookup
- In Unit
- Washer Dryer Allowed
- City

## Sales Evidence

### Recent closed sales

5 apartments at M127 have recorded sales since September 2021, the most recent for $1,850,000 in January 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5 (Apartment) | 2 | 1,600 | $1,850,000 | $1,156/ft² | January 6, 2026 | City record · MLS |
| 2 (Apartment) | 2 | 1,550 | $1,750,000 | $1,129/ft² | December 20, 2024 | City record · MLS |
| PHA (Apartment) | 3 | 2,381 | $3,150,000 | $1,323/ft² | September 15, 2023 | City record · MLS |
| 4 (Apartment) | 2 | 1,577 | $1,550,000 | $983/ft² | February 15, 2023 | City record |
| 8 (Apartment) | 2 | 1,554 | $1,925,000 | $1,239/ft² | August 9, 2022 | City record · MLS |

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 two-bedroom sales at M127 is $1,800,000, based on 4 sales between August 2022 and January 2026. This home is asking $2,000,000, $200,000 above that median. The middle half of those sales closed between $1,700,000 and $1,868,750.

- **Median closed price**: $1,800,000
- **Middle half**: $1,700,000 – $1,868,750
- **Based on**: 4 two-bedroom sales at M127
- **Period**: August 2022 – January 2026
- **Median $/ft²**: $1,143/ft²

Across the 3 of these sales with a published asking price, the median closed at 97.5% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 97.5% of the original ask
- **Closed below ask**: 100% of 3 sales

Across the 3 of these sales with a published asking price, the median closed at 97.5% of what it originally asked. 100% of them closed below the original ask.

Based on 4 two-bedroom sales at M127, August 2022 – January 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house two-bedroom sales in NoMad, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $3,086,230 | 15 |
| 2018 | $2,462,500 | 18 |
| 2019 | $3,042,154 | 44 |
| 2020 | $2,667,000 | 12 |
| 2021 | $2,700,000 | 55 |
| 2022 | $3,155,000 | 103 |
| 2023 | $2,823,232 | 36 |
| 2024 | $2,765,755 | 37 |
| 2025 | $2,510,000 | 22 |
| 2026 | $2,150,000 | 14 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across NoMad instead.

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 M127](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m127)

## Property Tax History

Taxes at 127 MADISON Avenue #4 were $22,671 in 2026, up 3.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $543,457 | $20,201 | $523,256 | $181,367 | $22,671 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $460,079 | $20,201 | $439,878 | $175,746 | $21,968 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $383,405 | $20,201 | $363,204 | $162,728 | $20,341 | 12.5% |
| 2023 (FY 2023/24) | $356,164 | $20,201 | $335,963 | $150,674 | $18,837 | 12.502% |
| 2022 (FY 2022/23) | $385,812 | $20,201 | $365,611 | $139,513 | $17,114 | 12.267% |
| 2021 (FY 2021/22) | $453,902 | $20,201 | $433,701 | $139,513 | $17,069 | 12.235% |
| 2020 (FY 2020/21) | $487,058 | $20,201 | $466,857 | $135,189 | $16,584 | 12.267% |
| 2019 (FY 2019/20) | $480,835 | $20,201 | $460,634 | $125,175 | $15,613 | 12.473% |
| 2018 (FY 2018/19) | $115,903 | — | — | $115,903 | $14,618 | 12.612% |
| 2017 (FY 2017/18) | $107,318 | — | — | $107,318 | $13,650 | 12.719% |
| 2016 (FY 2016/17) | $107,318 | — | — | $107,318 | $13,835 | 12.892% |
| 2015 (FY 2015/16) | $103,992 | — | — | $103,992 | $13,397 | 12.883% |
| 2014 (FY 2014/15) | $96,289 | — | — | $96,289 | $12,378 | 12.855% |
| 2013 (FY 2013/14) | $89,157 | — | — | $89,157 | $11,720 | 13.145% |
| 2012 (FY 2012/13) | $82,553 | — | — | $82,553 | $10,881 | 13.181% |
| 2011 (FY 2011/12) | $82,553 | — | — | $82,553 | $11,089 | 13.433% |
| 2010 (FY 2010/11) | $79,994 | — | — | $79,994 | $10,682 | 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.

Figures are the New York City Department of Finance assessment roll for tax lot 1008601204. 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

### M127

NoMad · Condominium

127 MADISON Avenue, New York, NY 10016

A building in NoMad, currently featuring 1 active listing.

- **Year Built**: 1920
- **Total Units**: 1
- **Floors**: 12

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m127)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/127-madison-avenue-4-ny-10016) | 2 | 2 | 1,557 sqft | $1,285 | $2,000,000 | Douglas Elliman Real Estate | Jun 10, 2026 | 89 days |

## Estimated Monthly Payment

**$12,024 / month**, assuming a 20% down payment ($400,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $10,113
- **Common Charges**: $1,911

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

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## NoMad

Overview of NoMad

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

### Nearby NoMad

- [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

- [M127 — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m127)
- [NoMad neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad)
- [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.