---
title: "172 MADISON Avenue #11A, New York City, NY 10016"
description: "172 MADISON Avenue #11A, New York City, NY 10016 — Midtown, New York City, NY. Listing Price $2,500,000. In contract 6/22/2026. 2 bed, 3 bath, 1,479 sqft Illustrative Buyer Commission Share of $37,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-a-11A-ny-10016"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 172 MADISON Avenue #11A, New York City, NY 10016

Midtown, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $2,500,000
- **Status**: In contract 6/22/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Total Baths**: 3
- **Sqft**: 1,479
- **Common Charges**: $2,077 / mo
- **Price per Sqft**: $1,690
- **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**: $2,500,000
- **Illustrative Buyer Commission Share**: -$37,500*
- **Illustrative Net Cost**: $2,462,500

*Illustrative Buyer Savings of $37,500 — 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 (10)

![172 MADISON Avenue #11A, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46bba56c-3ac3-4100-9687-2bbfcc1509d6.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6396341-bd57-40f0-952b-9921c0fc5ac9.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fab8d90b-412f-42de-8a63-d9c7836afe16.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1a8d6ba6-8de8-46c0-b8cf-43ffe1e7a2cf.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3dc4a5b8-481a-41f9-b4dd-7b801b25eab8.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4f0a4904-9471-43a8-ba92-84bf462529d3.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e240faa3-916c-4c3f-9fda-db76239a354a.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c70ffb7e-a4b3-4b9f-9b00-ba9adde16e26.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8ae68648-762e-4d13-a3cf-0056adc8b158.jpg)
![172 MADISON Avenue #11A, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/26fb094b-4b46-488b-8f68-265e6b11d436.jpg)

## Property Overview

Residence 11A offers a seamless blend of style, scale, and natural light in this beautifully updated two-bedroom, two-and-a-half-bath corner apartment spanning 1,479 square feet. With an intelligently designed split-bedroom layout and impressive 11-foot ceilings, the home feels airy and expansive from the moment you enter. Floor-to-ceiling windows wrap the living spaces, drawing in bright southern and eastern exposures while framing open views along Madison Avenue.

 The expansive living and dining area is thoughtfully proportioned for both relaxed daily living and memorable entertaining, offering flexibility in layout and a striking city backdrop.

 The sleek open kitchen is designed with clean lines and modern finishes, featuring custom lacquer cabinetry, polished white quartz countertops, and a suite of premium stainless-steel appliances. Both visually striking and highly functional, the kitchen integrates effortlessly with the main living space.

 Privately situated, the primary bedroom suite enjoys abundant southern light and features fully outfitted custom closets. The en-suite bath evokes a spa-like ambiance, finished in Bianco Neve marble and ANN SACKS tile, and appointed with polished Dornbracht fixtures, a Toto toilet, and a deep soaking tub.

 The second bedroom is generously sized and includes a customized closet system along with its own beautifully finished full bathroom. A stylish powder room adds convenience for guests, highlighted by a Portoro marble vanity, Globe Bone porcelain tile flooring, and a distinctive limestone feature wall.

 Additional features include rich stained oak flooring, motorized window treatments, extensive custom storage throughout, and a Bosch washer and dryer. The residence is pre-wired for smart home capabilities, offering the opportunity for personalized technology upgrades.

 Located at 172 Madison, in the vibrant corridor between NoMad and Midtown, the building sits moments from Madison Square Park, Eataly, Bryant Park, and the New York Public Library. This prime address places exceptional dining, shopping, and cultural landmarks right outside your door.

 Residents enjoy a full-service lifestyle with 24-hour doorman and concierge service, a bright resident lounge, and a landscaped outdoor plaza. The building's wellness offerings include a 67-foot saltwater swimming pool, spa and steam facilities, fitness center, children's playroom, and private club room - completing this elevated Manhattan living experience.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Total Baths**: 3
- **Rooms**: 4
- **Sqft**: 1,479 sqft
- **Stories**: 34
- **Year Built**: 2017
- **Price per Sqft**: $1,690
- **Common Charges**: $2,077 / Monthly
- **Listed On**: Mar 10, 2026
- **Days on Market**: 191 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- High Ceilings
- Washer Dryer Allowed
- City

## Estimated Monthly Payment

**$14,718 / month**, assuming a 20% down payment ($500,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $12,641
- **Common Charges**: $2,077

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

## Sales and market data

### Recent sales

17 apartments at 172 Madison Avenue have recorded sales since September 2021, the most recent for $1,750,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-8B-ny-10016) (Apartment) | 2 | 1,488 | $1,750,000 | $1,176/ft² | August 5, 2026 | MLS |
| [11B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-11B-ny-10016) (Apartment) | 2 | 1,488 | $1,810,000 | $1,216/ft² | July 30, 2026 | City record · MLS |
| 18B (Apartment) | — | 1,488 | $2,100,000 | $1,411/ft² | June 16, 2026 | City record |
| 24B (Apartment) | 2 | 1,476 | $2,400,000 | $1,626/ft² | May 29, 2026 | City record · MLS |
| 4B (Apartment) | 2 | 1,488 | $1,600,000 | $1,075/ft² | July 11, 2025 | City record · MLS |
| 4A (Apartment) | 2 | 1,479 | $2,075,000 | $1,403/ft² | November 18, 2024 | City record · MLS |
| 7B (Apartment) | 2 | 1,488 | $1,875,000 | $1,260/ft² | October 2, 2024 | City record · MLS |
| 10C (Apartment) | 1 | 891 | $1,500,000 | $1,684/ft² | March 6, 2024 | City record · MLS |
| 17-C (Apartment) | 1 | 938 | $1,560,000 | $1,663/ft² | August 23, 2023 | City record · MLS |
| 8A (Apartment) | 2 | 1,479 | $2,250,000 | $1,521/ft² | July 28, 2023 | City record · MLS |
| 21-C (Apartment) | 1 | 891 | $1,550,000 | $1,740/ft² | June 8, 2023 | City record · MLS |
| 20-C (Apartment) | 1 | 891 | $1,570,000 | $1,762/ft² | March 13, 2023 | City record · MLS |
| 25-A (Apartment) | 3 | 2,146 | $4,083,000 | $1,903/ft² | November 10, 2022 | City record · MLS |
| 4A (Apartment) | 2 | 1,479 | $2,240,000 | $1,515/ft² | July 22, 2022 | City record |
| 16B (Apartment) | 2 | 1,488 | $2,250,640 | $1,513/ft² | May 5, 2022 | City record |
| 10B (Apartment) | — | 1,488 | $2,285,000 | $1,536/ft² | January 19, 2022 | City record |
| 8B (Apartment) | 2 | 1,488 | $2,119,163 | $1,424/ft² | December 13, 2021 | City record |

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**: $2,500,000
- **Median sold price**: $2,119,163
- **Difference**: +$380,837 (+18%)
- **This home, $/ft²**: $1,690
- **Median $/ft²**: $1,424
- **Comparable sales**: 9
- **Sales from**: December 2021 – July 2026
- **Middle half of those sales**: $1,875,000 – $2,250,000

Based on two-bedroom sales at 172 Madison Avenue.

### How these sales were negotiated

- **Sale-to-list price**: 90.9% (5 sales)
- **Sold below asking**: 80% (5 sales)
- **Typical time to find a buyer**: 117 days (6 sales)
- **Typical time to close**: 30 days (6 sales)

Based on two-bedroom sales at 172 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 price per square foot, sales at 172 Madison Avenue

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $2,097/ft² | 31 |
| 2018 | $2,074/ft² | 13 |
| 2020 | $1,509/ft² | 4 (thin) |
| 2021 | $1,552/ft² | 8 |
| 2022 | $1,525/ft² | 4 (thin) |
| 2023 | $1,701/ft² | 4 (thin) |
| 2024 | $1,403/ft² | 3 (thin) |
| 2026 YTD | $1,411/ft² | 3 (thin) |

Based on recorded sales at 172 Madison Avenue. 2026 is year-to-date.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through August 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 172 Madison Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/172-madison-avenue)

## Price and Property History for 172 MADISON Avenue, Unit 11A

Review the recorded listing activity for 172 MADISON Avenue, Unit 11A, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $495,000, or 16.5%, on May 12, 2026
- **Originally listed**: March 10, 2026 at $2,995,000
- **Entered contract**: June 22, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| June 22, 2026 | $2,500,000 | Entered contract |
| May 12, 2026 | $2,500,000 | Asking price reduced by $495,000, or 16.5% |
| March 10, 2026 | $2,995,000 | Listed for sale by Corcoran Group |
| July 11, 2017 | — | Sold |
| May 10, 2017 | $3,425,000 | Entered contract |
| April 3, 2017 | $3,425,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 172 MADISON Avenue #11A were $41,981 in 2026.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $370,093 | $56,570 | $313,523 | $335,846 | $41,981 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $355,595 | $56,570 | $299,025 | $335,897 | $41,987 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $334,475 | $56,570 | $277,905 | $334,475 | $41,809 | 12.5% |
| 2023 (FY 2023/24) | $346,335 | $56,570 | $289,765 | $340,749 | $42,600 | 12.502% |
| 2022 (FY 2022/23) | $339,820 | $56,570 | $283,250 | $338,368 | $34,263 after $7,245 abatement | 12.267% |
| 2021 (FY 2021/22) | $320,676 | $56,570 | $264,106 | $320,676 | $11,735 after $27,500 abatement | 12.235% |
| 2020 (FY 2020/21) | $355,027 | $56,570 | $298,457 | $348,639 | $42,768 | 12.267% |
| 2019 (FY 2019/20) | $347,045 | $56,570 | $290,475 | $347,045 | $43,287 | 12.473% |
| 2018 (FY 2018/19) | $341,357 | $56,569 | $284,788 | $341,357 | $43,052 | 12.612% |

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 1008631125. 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

### 172 Madison Avenue

Midtown South · Condominium

172 Madison Avenue, New York, NY 10016

A building in Midtown South, currently featuring 3 active listings.

- **Year Built**: 2017
- **Active Units**: 3
- **Floors**: 34

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/172-madison-avenue)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [MANSION](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-mansion-ny-10016) | 4 | 5 | 2,958 sqft | $4,393 | $12,995,000 (-7.1%) | Christies International Real Estate Group LLC | Nov 8, 2025 | 313 days |
| [17C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-c-17C-ny-10016) | 1 | 2 | 937 sqft | $1,692 | $1,585,000 (-3.9%) | Douglas Elliman Real Estate | May 5, 2026 | 135 days |
| [16B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-16B-ny-10016) | 2 | 3 | 1,488 sqft | $1,610 | $2,395,000 | Compass | Jun 23, 2026 | 86 days |
| [11A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-a-11A-ny-10016) | 2 | 3 | 1,479 sqft | $1,690 | $2,500,000 (-16.5%) — In contract | Corcoran Group | Mar 10, 2026 | 191 days |
| [15B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-15b-ny-10016) | 2 | 3 | 1,488 sqft | $1,310 | $1,950,000 — In contract | Serhant | Mar 20, 2026 | 181 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [8B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-8B-ny-10016) | 2 | 3 | 1,488 sqft | $1,176 | $1,750,000 | Sothebys International Realty | Mar 10, 2025 | Aug 5, 2026 |
| [11B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-11B-ny-10016) | 2 | 3 | 1,488 sqft | $1,216 | $1,810,000 | Serhant | Apr 2, 2026 | Jul 30, 2026 |

## 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)

## Midtown

The Center of the World

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

### Nearby Midtown

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
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- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)

## Related Links

- [172 Madison Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/172-madison-avenue)
- [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [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.