---
title: "172 Madison Avenue #8B, New York City, NY 10016"
description: "172 Madison Avenue #8B, New York City, NY 10016 — Midtown, New York City, NY. Last Sold Price $1,750,000. Sold on 8/5/2026. 2 bed, 3 bath, 1,488 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-8B-ny-10016"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 172 Madison Avenue #8B, New York City, NY 10016

Midtown, New York City, NY

Courtesy of Sothebys International Realty

## At a Glance

- **Last Sold Price**: $1,750,000
- **Status**: Sold on 8/5/2026
- **Beds**: 2
- **Total Baths**: 3
- **Sqft**: 1,488
- **Common Charges**: $2,090 / mo
- **Monthly Taxes**: $3,505 / mo
- **Price per Sqft**: $1,327
- **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This listing was successfully closed and is no longer active on the market.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)

## Photos (10)

![172 Madison Avenue #8B, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f1fd9ff-4148-4ef9-85ad-3bee45279292.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/76dd68c6-33d9-469e-bf26-e71f56a6488c.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c7341ab-969d-4267-a1bb-e147ec3fd952.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a64b1476-2251-4dde-9222-39383800f94d.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/44ac1acb-4fe0-4d01-b93b-fc6b7a4dfacf.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69ccc72a-504d-4766-a04b-4a70b35dd1f1.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ddb6a71c-2491-45a8-99b0-13c121bc7fea.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b121e803-bb68-482c-8960-091395a1778b.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d1b28d9f-dc0b-4785-954e-2b6cd3d1d0a7.jpg)
![172 Madison Avenue #8B, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b4dedbb-787a-492d-8a63-a606985dded1.jpg)

## Property Overview

8B has an extra-large living room, views South and North city skyline with direct sunlight throughout the day.  Master bedroom prepared with 3 large closets and 1 walk-in closet.  Floor to ceiling windows, 11" ceilings throughout.  High quality finishes.

172 Madison Ave has amenities including a fitness center, resident’s lounge, Children’s playroom and a 60-foot swimming pool paired with Jacuzzi.   Including a separate deeded storage unit.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Total Baths**: 3
- **Rooms**: 6
- **Sqft**: 1,488 sqft
- **Stories**: 34
- **Year Built**: 2016
- **Price per Sqft**: $1,327
- **Common Charges**: $2,090 / Monthly
- **Monthly Taxes**: $3,505 / mo
- **Listed On**: Mar 10, 2025
- **Days on Market**: 556 Days

### Residence Features

- Common On Floor
- Common Area
- Laundry Room
- In Unit
- Building Garden
- Garden
- Dryer
- Washer/Dryer Stacked
- Dishwasher
- Washer
- Hardwood
- City

## Estimated Monthly Payment

**$15,582 / month**, assuming a 20% down payment ($395,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,987
- **Property Taxes**: $3,505
- **Common Charges**: $2,090

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 (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

- **Last sold price**: $1,750,000
- **Median sold price**: $2,119,163
- **Difference**: -$369,163 (-17.4%)
- **Last sold, $/ft²**: $1,176
- **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 8B

Review the recorded listing activity for 172 Madison Avenue, Unit 8B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $175,000, or 8.1%, on July 31, 2025
- **Originally listed**: March 10, 2025 at $2,150,000
- **Last sold**: $1,750,000 on August 5, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 5, 2026 | $1,750,000 | Sold |
| May 28, 2026 | $1,975,000 | Listing removed from the market |
| May 6, 2026 | $1,975,000 | Entered contract |
| July 31, 2025 | $1,975,000 | Asking price reduced by $175,000, or 8.1% |
| March 10, 2025 | $2,150,000 | Listed for sale by Sothebys International Realty |

## Property Tax History

Taxes at 172 Madison Avenue #8B were $42,237 in 2026.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $372,353 | $56,915 | $315,438 | $337,897 | $42,237 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $357,767 | $56,915 | $300,852 | $337,947 | $42,243 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $336,518 | $56,915 | $279,603 | $336,518 | $42,065 | 12.5% |
| 2023 (FY 2023/24) | $348,450 | $56,915 | $291,535 | $342,830 | $42,861 | 12.502% |
| 2022 (FY 2022/23) | $341,895 | $56,915 | $284,980 | $340,435 | $41,761 | 12.267% |
| 2021 (FY 2021/22) | $322,634 | $56,915 | $265,719 | $322,634 | $39,474 | 12.235% |
| 2020 (FY 2020/21) | $357,196 | $56,915 | $300,281 | $350,769 | $43,029 | 12.267% |
| 2019 (FY 2019/20) | $349,164 | $56,915 | $292,249 | $349,164 | $43,551 | 12.473% |
| 2018 (FY 2018/19) | $343,443 | $56,915 | $286,528 | $343,443 | $43,315 | 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.

Figures are the New York City Department of Finance assessment roll for tax lot 1008631117. 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 | 312 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 | 134 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 | 85 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 | 190 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 | 180 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 |

## Midtown

The Center of the World

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

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## 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.