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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 159 MADISON Avenue #9B
Property thumbnail
1 / 16
Stock Cooperative•Midtown

159 MADISON Avenue #9B, New York City, NY 10016

Listing Courtesy of Douglas Elliman Real Estate

$509,450

Potential Rebate: $7,642

Stock Cooperative
1 Bed
1 Bath
4 Rooms
600 sqft
Built 1917
12 Stories
849/ft²
Listed on Jan 13, 2026
3 days on market
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Overview

<p>&nbsp;</p> <p> <strong>Welcome to Residence 9B at 159 Madison Avenue - a refined, prewar sanctuary reimagined for modern Midtown South living.</strong></p> <p>Set within the distinguished Murray Hill Plaza, this boutique 12-story cooperative marries 1911 architectural character with contemporary sophistication, offering an intimate yet full-service lifestyle in one of Manhattan's most connected neighborhoods.</p> <p> <strong>The Home</strong></p> <p> Perched on a high floor, Residence 9B opens into a warm, light-filled interior framed by rich wood floors and an effortless, linear flow. The layout is intentionally designed to maximize volume and function, creating a home that feels both calming and intelligently scaled.</p> <p>The kitchen is a standout: a sleek, highly efficient workspace anchored by a six-burner gas induction cooktop-an elevated detail that reflects purpose and precision. Custom double-hung cabinetry and generous pantry storage keep the space clean, organized, and visually streamlined.</p> <p>Recessed lighting guides you through the living area, where proportions strike the right balance between everyday comfort and easy entertaining.</p> <p> <strong>The Terrace</strong></p> <p> A private terrace-rare at this price point-extends the living experience outdoors. Whether it's a quiet morning coffee or an evening with friends, this is your personal escape, tucked above the hum of the city.</p> <p> <strong>The Building</strong></p> <p> Murray Hill Plaza delivers the conveniences expected of a well-run prewar cooperative:</p> <p> Full-time doorman</p> <p> Elevator</p> <p> Expansive furnished roof deck with sweeping skyline views</p> <p> <strong>The Location</strong></p> <p> Positioned at the nexus of Midtown South, NoMad, and Murray Hill, 159 Madison sits moments from celebrated dining, boutique fitness, cultural institutions, and seamless east-west transportation. It's a neighborhood defined by lifestyle-dynamic by day, refined by night.</p> <p> <strong>The Offering</strong></p> <p> Residence 9B is an opportunity to claim a thoughtfully upgraded, move-in-ready home in a building that pairs heritage with modernity. It's where functionality meets quiet luxury-an address that performs as beautifully as it lives.</p> <p>Experience the appeal of 159 Madison Avenue. Showings available by appointment.</p> <p> Maintenance increase of 3% for all units in the building starting February 2026.</p> <p>&nbsp;</p>

Home Features

  • •Building Roof Deck
  • •Private Outdoor Space Over 60 Sqft
  • •Washer Dryer Allowed

Estimated Monthly Payment

$4,371 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,517
Property Taxes
$0
Maintenance/Common Charges
$1,854

Estimated Rebate for this Home

One-time rebate at closing

$7,642

Monthly savings impact

$21/mo

Effective Purchase Price

$501,808

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20066797

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

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.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20066797

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 159 Madison Avenue against the surrounding Midtown market.

Based on 3 active units in building vs 156 in area

Average List Price

Building$1.4M
Neighborhood$4.6M

Price Per SqFt

Building Avg$944/ft²
Neighborhood Avg$1,611/ft²
Value Opportunity

41.37% Lower

than the Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Midtown

The Center of the World

\nMidtown is the commercial heart of NYC. Skyscrapers, tourists, and business. \n

Real Estate & Housing Market

\nLuxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood." \n

Lifestyle & Community

\nDominanted by office workers and tourists. Convenient but lacks a local feel. \n

Transportation & Accessibility

\nEvery train goes through Midtown. Grand Central is here. \n

Parks, Schools & Amenities

\nBryant Park and Central Park (south border) are key. \n

Who This Neighborhood Is Best For

\nBest for pied-à-terre buyers and busy executives.
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