---
title: "159 Madison Avenue #6-E, New York City, NY 10016"
description: "159 Madison Avenue #6-E, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $490,000. Studio bed, 1 bath, 500 sqft Illustrative Buyer Commission Share of $7,350 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-6e-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-10-06T20:31:29.537Z"
status: "Active"
---

# 159 Madison Avenue #6-E, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of R New York

Last updated: October 6, 2026, 4:31 PM

## At a Glance

- **Listing Price**: $490,000
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 500
- **Common Charges**: $1,599 / mo
- **Price per Sqft**: $980
- **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**: $490,000
- **Illustrative Buyer Commission Share**: -$7,350*
- **Illustrative Net Cost**: $482,650

*Illustrative Buyer Savings of $7,350 — 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)

![159 Madison Avenue #6-E, New York City, NY 10016 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48607563-9b07-4e61-9b1d-a1ff86659c56.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/34e473d7-c989-41b2-8bcd-ebf02076e503.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3ba3371-cd10-41f6-b588-c66123f30799.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cc6f9c41-82a3-41c9-862e-72088ba8b0f1.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3b093c11-ba9e-4df2-88f5-7b16a56e26a1.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/936d8050-6b2d-485b-95ea-fce47f271125.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e7237d2-4545-4f4a-93f7-bdbb8fc14baa.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60734dcc-c6c3-4e18-8d74-06e206132006.jpg)
![159 Madison Avenue #6-E, New York City, NY 10016 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/664b19fe-2499-4fe8-830b-05162ddee441.jpg)

## Property Overview

Sun-Filled Studio | High Ceilings | Exceptional Storage

Welcome to Residence 6E, a bright and generously proportioned studio offering impressive scale, abundant storage, and classic prewar character in the heart of Manhattan.

South-facing windows fill the apartment with natural light, while approximately 10-foot ceilings enhance the sense of openness throughout. The expansive 18' x 17'6" living and sleeping area provides the flexibility to comfortably create distinct spaces for sleeping, lounging, dining, and working from home.

The separate kitchen keeps the main living space open and uncluttered, while an entry hallway lined with multiple fitted closets provides exceptional storage rarely found in a studio. Updated hardwood-paneled closet doors add a clean, streamlined finish.

The bathroom features a timeless black-and-white design with subway tile, mosaic flooring, a glass-enclosed tub and shower, dark-wood vanity, mirrored storage, and floating shelves.

159 Madison Avenue is a prewar cooperative offering full-time doorman service, a live-in superintendent, elevator, laundry facilities, a furnished roof deck, bike storage, and additional storage. The building is pet-friendly and permits pied-à-terres, co-purchasing, guarantors, and parents purchasing for children, subject to board approval.

Ideally positioned at the crossroads of NoMad, Murray Hill, Midtown South, and Koreatown, the location puts an incredible selection of restaurants, cafés, shopping, and transportation just outside your door. The 6 train at 33rd Street is moments away, with Herald Square and multiple subway and PATH connections nearby.

A rare combination of space, light, storage, and convenience at an exceptional value.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Sqft**: 500 sqft
- **Stories**: 12
- **Year Built**: 1911
- **Price per Sqft**: $980
- **Common Charges**: $1,599.28 / Monthly
- **Listed On**: Oct 6, 2026
- **Days on Market**: 2 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Building Multiple Locations
- Common Area
- Building Storage
- Building Roof Deck
- Dining Area

## Estimated Monthly Payment

**$4,077 / month**, assuming a 20% down payment ($98,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,478
- **Common Charges**: $1,599

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

## Sales and market data

### Recent sales

33 apartments at 159 Madison Avenue have recorded sales since October 2021, the most recent for $615,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [9D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-9d-ny-10016) (Apartment) | 1 | — | $615,000 | — | September 29, 2026 | MLS |
| [9B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-b-9B-ny-10016) (Apartment) | 1 | 600 | $498,000 | $830/ft² | July 8, 2026 | MLS |
| 12C (Apartment) | 2 | — | $1,275,000 | — | April 9, 2026 | City record · MLS |
| 12J (Apartment) | 1 | — | $599,000 | — | March 31, 2026 | City record · MLS |
| 9A (Apartment) | 1 | — | $580,000 | — | April 22, 2025 | City record · MLS |
| 7K (Apartment) | 1 | 750 | $560,000 | $747/ft² | March 5, 2025 | City record · MLS |
| 6F (Apartment) | Studio | — | $440,000 | — | February 6, 2025 | City record · MLS |
| 6C (Apartment) | — | — | $825,000 | — | December 17, 2024 | City record |
| 8A (Apartment) | 1 | — | $615,000 | — | November 25, 2024 | City record · MLS |
| 2K (Apartment) | Studio | — | $365,000 | — | November 7, 2024 | City record · MLS |
| 7G (Apartment) | 1 | — | $595,000 | — | November 1, 2024 | City record · MLS |
| 2H (Apartment) | 1 | — | $762,000 | — | September 17, 2024 | City record · MLS |
| 3D/3E (Apartment) | 2 | 1,250 | $985,000 | $788/ft² | June 11, 2024 | City record · MLS |
| 6B (Apartment) | Studio | 600 | $443,000 | $738/ft² | June 3, 2024 | City record · MLS |
| 7I (Apartment) | Studio | — | $450,000 | — | May 15, 2024 | City record · MLS |
| 2E (Apartment) | Studio | — | $395,000 | — | January 18, 2024 | City record · MLS |
| 2-B (Apartment) | Studio | 612 | $400,000 | $654/ft² | October 12, 2023 | City record · MLS |
| 10K (Apartment) | 1 | 750 | $528,000 | $704/ft² | August 2, 2023 | City record · MLS |
| 4E (Apartment) | Studio | — | $458,000 | — | July 19, 2023 | City record · MLS |
| 5JK (Apartment) | 1 | 1,150 | $975,000 | $848/ft² | May 24, 2023 | City record · MLS |
| 12J (Apartment) | — | — | $495,700 | — | May 23, 2023 | City record |
| 6K (Apartment) | 1 | — | $493,000 | — | May 19, 2023 | City record · MLS |
| 10I (Apartment) | Studio | 500 | $420,000 | $840/ft² | March 2, 2023 | City record · MLS |
| 11H (Apartment) | — | — | $400,000 | — | February 28, 2023 | City record |
| 8G (Apartment) | 1 | 700 | $562,500 | $804/ft² | February 1, 2023 | City record · MLS |
| 5AB (Apartment) | 2 | 1,450 | $1,460,000 | $1,007/ft² | December 1, 2022 | City record · MLS |
| 7A (Apartment) | 1 | 793 | $253,500 | $320/ft² | July 28, 2022 | City record |
| 2H (Apartment) | Studio | — | $680,000 | — | July 19, 2022 | City record · MLS |
| 10H (Apartment) | 1 | 700 | $545,000 | $779/ft² | May 11, 2022 | City record · MLS |
| 12D (Apartment) | 1 | — | $575,000 | — | March 22, 2022 | City record · MLS |
| 2J (Apartment) | Studio | 550 | $465,000 | $845/ft² | March 11, 2022 | City record |
| 8B (Apartment) | Studio | 600 | $470,000 | $783/ft² | December 8, 2021 | City record · MLS |
| 8I (Apartment) | Studio | 500 | $380,000 | $760/ft² | December 7, 2021 | 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

- **This home**: $490,000
- **Median sold price**: $441,500
- **Difference**: +$48,500 (+11%)
- **This home, $/ft²**: $980
- **Comparable sales**: 12
- **Sales from**: December 2021 – February 2025
- **Middle half of those sales**: $398,750 – $459,750

Based on studio sales at 159 Madison Avenue.

Square footage is recorded for only 6 of these 12 sales (50%), 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.

### How these sales were negotiated

- **Sale-to-list price**: 93.5% (9 sales)
- **Sold below asking**: 78% (9 sales)
- **Typical time to find a buyer**: 75 days (10 sales)
- **Typical time to close**: 87 days (10 sales)

Based on studio sales at 159 Madison Avenue with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median sale price, co-op studio sales in Murray Hill

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $410,500 | 14 |
| 2017 | $412,500 | 56 |
| 2018 | $408,918 | 54 |
| 2019 | $385,420 | 35 |
| 2020 | $362,500 | 25 |
| 2021 | $380,000 | 83 |
| 2022 | $395,000 | 77 |
| 2023 | $380,500 | 54 |
| 2024 | $366,278 | 72 |
| 2025 | $377,500 | 58 |
| 2026 YTD | $365,000 | 28 |

Based on recorded co-op studio sales in Murray Hill. 2026 is year-to-date.

Sales data through September 2026.

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 159 Madison Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/159-madison-avenue)

## Price and Property History for 159 Madison Avenue, Unit 6-E

Review the recorded listing activity for 159 Madison Avenue, Unit 6-E, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| October 6, 2026 | $490,000 | Listed for sale by R New York |
| November 17, 2016 | — | Sold |
| June 23, 2016 | $475,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 118 apartments. The corporation’s 2026 property tax bill was $1,768,875 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 159 Madison Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/159-madison-avenue)

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

## About The Building

### 159 Madison Avenue

Midtown · Stock Cooperative

159 MADISON Avenue, New York, NY 10016

A building in Midtown, currently featuring 3 active listings.

- **Year Built**: 1911
- **Active Units**: 3
- **Floors**: 12

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/159-madison-avenue)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [6-E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-6e-ny-10016) | Studio | 1 | 500 sqft | $980 | $490,000 | R New York | Oct 6, 2026 | 2 days |
| [11G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-g-11G-ny-10016) | 1 | 1 | — | — | $525,000 (-4.5%) | Brown Harris Stevens Residential Sales LLC | Jan 30, 2026 | 251 days |
| [9H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-9h-ny-10016) | 1 | 1 | — | — | $595,000 | Corcoran Group | Sep 15, 2026 | 23 days |
| [10ABC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-abc-10ABC-ny-10016) | 4 | 3 | 2,400 sqft | $1,040 | $2,495,000 — In contract | Corcoran Group | May 18, 2026 | 143 days |
| [8C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-c-8C-ny-10016) | 2 | 2 | 1,140 sqft | $921 | $1,050,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jul 10, 2026 | 90 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [9B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-b-9B-ny-10016) | 1 | 1 | 600 sqft | $830 | $498,000 | Douglas Elliman Real Estate | Jan 13, 2026 | Jul 8, 2026 |
| [9D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/159-madison-avenue-9d-ny-10016) | 1 | 1 | — | — | $615,000 | Corcoran Group | Jul 17, 2026 | Sep 29, 2026 |

## Murray Hill

Overview of Murray Hill

[Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Murray Hill

- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [159 Madison Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/159-madison-avenue)
- [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [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.