--- title: "172 MADISON Avenue #MANSION, New York City, NY 10016" description: "172 MADISON Avenue #MANSION, New York City, NY 10016 — Midtown, New York City, NY. Listing Price $12,995,000. 4 bed, 5 bath, 2,958 sqft Illustrative Buyer Commission Share of $194,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/172-madison-avenue-mansion-MANSION-ny-10016" source: "Real Estate Rebate Team" status: "Active" --- # 172 MADISON Avenue #MANSION, New York City, NY 10016 Midtown, New York City, NY Courtesy of Christies International Real Estate Group LLC ## At a Glance - **Listing Price**: $12,995,000 - **Beds**: 4 - **Total Baths**: 5 - **Sqft**: 2,958 - **Common Charges**: $6,760 / mo - **Price per Sqft**: $4,393 - **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**: $12,995,000 - **Illustrative Buyer Commission Share**: -$194,925* - **Illustrative Net Cost**: $12,800,075 *Illustrative Buyer Savings of $194,925 — 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 #MANSION, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12017cb6-7c13-4ac5-bbf4-49688b2f64b9.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5c46f905-1126-44a6-bf31-0d2524abcb83.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c8955e0d-5565-47ec-85a8-1bcf9db21f4b.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/66c0757b-260a-4b0d-ab4f-56a10ca0de03.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/373932e7-6ce4-4b86-a932-191ebc8bbcd5.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70a20ae5-ed5a-47c8-80c7-103599daabce.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/34a76626-5713-4869-9e39-7556f7b248a6.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dac99212-cd6a-494a-86a0-a0d6fce27870.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e66f0ce3-b421-4d3f-a1a7-7a7cd3a8930a.jpg) ![172 MADISON Avenue #MANSION, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6bfd685e-452e-4a34-9a96-c422820acec8.jpg) ## Property Overview 172 Madison Avenue Mansion! This is a Private Pool Residence! An extraordinary full-floor home with its own private 50 Foot swimming pool, this residence offers a level of luxury and privacy rarely found in Manhattan. Two keyed elevators open directly into a grand entry gallery leading to nearly three thousand square feet of reimagined interiors and three thousand two hundred eighty-three square feet of wraparound terrace that runs along all sides and centers on a fifty-foot pool with an automatic cover. Fifteen-foot ceiling heights in the great room create a dramatic sense of volume, while the seamless indoor and outdoor flow makes this a true urban sanctuary. Layout and flow The entry gallery opens into a magnificent great room and dining area with terrace door and a stunning open kitchen. Custom built cabinetry rises thirteen feet and is softly illuminated with concealed LED lighting. The northwest wing features the primary suite with a spacious walk-in closet, two additional large closets and a five-fixture primary bath. Three additional bedrooms are thoughtfully placed for privacy, complemented by three full en suite baths. A powder room is discreetly positioned off the main hall. Additional conveniences include a laundry closet with Miele washer and dryer, a laundry sink with retractable cabinetry, a private in-unit refuse room, and Google Nest thermostats with climate control in each room. Complete gut renovation The residence was completely gut renovated, and the renovation has just been completed. Every system, surface, and material is brand new, combining master craftsmanship with contemporary technology for enduring comfort and elegance. Kitchen Calacatta Vagli Oro marble countertops with an stone sink Walnut cabinetry Pearl Travertine porcelain floors in a large format from Florim Dorn Bracht kitchen faucet Appliances include SubZero refrigerator and freezer, SubZero wine refrigerator, Wolf oven and gas cooktop, Wolf built-in coffee machine, Wolf drawer microwave, Cove dishwasher, and Miele stacked washer and dryer Great Room Thirteen-foot custom built cabinetry with LED lighting Fifteen-foot ceiling heights Primary Bathroom Sandik Dekton tile that evokes Bianco Perlino and offers superior durability Seventy-two-inch walnut wall-mounted vanity with two Dekton sinks and LED lighting Polished nickel Phylrich plumbing fixtures and hardware Radiant heated floors Double shower with infinity strip drain Clear Star Fire shower glass with protective coating to repel water drops Toto toilet with Washlet bidet seat Seventy-inch backlit mirror Guest Bathrooms Eccentric Lux Cloudy White porcelain tile Polished nickel Phylrich fixtures and hardware Walnut wall-mounted vanity One soaking tub Duravit toilets Powder Room Toto toilet Pearl Travertine porcelain vanity with sink Backlit mirror Laundry Closet Miele washer and dryer behind retractable doors Laundry sink with Pearl Travertine countertop and backsplash Cabinetry with retractable doors Refuse Room Fluted walnut wood paneling Terrace and Pool Pearl Travertine porcelain pavers in large format from Florim Fifty-foot swimming pool with automatic cover Additionally, the unit comes with a private pool mechanical room/storage space located on the 2nd floor, plus 2 storage cages in the storage room. A true architectural statement, this one-of-a-kind private pool residence represents the rare intersection of scale, craftsmanship, and outdoor living in the heart of Manhattan. Every element has been considered, every finish refined, and every detail executed to perfection. 172 Madison Avenue is a full-service Condominium designed by Karl Fischer. It features 24- hour doorperson, pool, fitness center, pet spa, residents lounge, jacuzzi and much more! Located by some of the best restaurants and shops in NYC as well as the 6, B,D,F,M, N,Q,R,W and Path trains for easily getting around town. ## Property Details - **Property Type**: Condominium - **Beds**: 4 - **Total Baths**: 5 - **Rooms**: 7 - **Sqft**: 2,958 sqft - **Stories**: 34 - **Year Built**: 2017 - **Price per Sqft**: $4,393 - **Common Charges**: $6,760 / Monthly - **Listed On**: Nov 8, 2025 - **Days on Market**: 302 Days ### Residence Features - Washer Hookup - Balcony - Private Outdoor Space Over 60 Sqft - High Ceilings - City Lights - City ## Sales Evidence ### Recent closed sales 18 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 | 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 | | 24A (Apartment) | 2 | 1,458 | $2,790,005 | $1,914/ft² | September 14, 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 The median closed price for comparable condo four-bedroom sales in Midtown is $16,462,500, based on 8 sales between March 2025 and March 2026. This home is asking $12,995,000, $3,467,500 below that median. The middle half of those sales closed between $10,309,738 and $23,500,000. - **Median closed price**: $16,462,500 - **Middle half**: $10,309,738 – $23,500,000 - **Based on**: 8 condo four-bedroom sales in Midtown - **Period**: March 2025 – March 2026 - **Median $/ft²**: $4,450/ft² Across the 8 of these sales with a published asking price, the median closed at 83.6% of what it originally asked. 100% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown instead. ### How these sales were negotiated - **Sold vs original ask**: 83.6% of the original ask - **Closed below ask**: 100% of 8 sales - **Listed → in contract**: 138 days (about 20 weeks) - **In contract → closed**: 79 days (about 11 weeks) Across the 8 of these sales with a published asking price, the median closed at 83.6% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 138 days (about 20 weeks) of coming to market, based on the 8 with a recorded listing date. Once a deal was agreed, closing took a further 79 days (about 11 weeks), based on the 8 with both dates recorded. 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. Based on 8 condo four-bedroom sales in Midtown, March 2025 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at 172 Madison Avenue, 2017 to 2024. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | 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) | 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. 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 MANSION Review the recorded listing activity for 172 MADISON Avenue, Unit MANSION, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $1,000,000, or 7.1%, on August 14, 2026 - **Originally listed**: November 8, 2025 at $13,995,000 - **Current asking price**: $12,995,000 - **Last sold**: $11,000,000 on April 6, 2021 | Date | Price | Listing event | | --- | --- | --- | | August 14, 2026 | $12,995,000 | Asking price reduced by $1,000,000, or 7.1% | | November 8, 2025 | $13,995,000 | Listed for sale by Christies International Real Estate Group LLC | | April 6, 2021 | $11,000,000 | Sold | | February 3, 2021 | $11,000,000 | Entered contract | | October 31, 2019 | $11,000,000 | Listed for sale by The Agency | ## About The Building ### 172 Madison Avenue Midtown South · Condominium 172 Madison Avenue, New York, NY 10016 A building in Midtown South, currently featuring 7 active listings. - **Year Built**: 2016 - **Total Units**: 7 - **Floors**: 34 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/172-madison-avenue) ### Available Residences — For Sale (7) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [MANSION](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/172-madison-avenue-mansion-MANSION-ny-10016) | 4 | 5 | 2,958 sqft | $4,393 | $12,995,000 (-7.1%) | Christies International Real Estate Group LLC | Nov 8, 2025 | 302 days | | [8B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/172-madison-avenue-b-8B-ny-10016) | 2 | 3 | 1,488 sqft | $1,327 | $1,975,000 (-8.1%) | Sothebys International Realty | Mar 10, 2025 | 545 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 | 180 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 | 170 days | | [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 | 157 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 | 124 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 | 75 days | ## Estimated Monthly Payment **$72,470 / month**, assuming a 20% down payment ($2,599,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $65,710 - **Common Charges**: $6,760 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) ## 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) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [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.