---
title: "220 MADISON Avenue #12L, New York City, NY 10016"
description: "220 MADISON Avenue #12L, New York City, NY 10016 — Midtown, New York City, NY. Listing Price $615,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $9,225 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-12l-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-10T15:05:16.144Z"
status: "Active"
---

# 220 MADISON Avenue #12L, New York City, NY 10016

Midtown, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: September 10, 2026, 11:05 AM

## At a Glance

- **Listing Price**: $615,000
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $2,136 / mo
- **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**: $615,000
- **Illustrative Buyer Commission Share**: -$9,225*
- **Illustrative Net Cost**: $605,775

*Illustrative Buyer Savings of $9,225 — 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)

![220 MADISON Avenue #12L, New York City, NY 10016 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70bd79a0-0ae7-4b39-8858-9c5057c9321c.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d59c732b-e6b3-4ea3-8fa2-791d89718507.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e293690-8be1-4f34-8420-ae413641ebd3.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6de08f9e-4d29-4297-8075-11fde86fe8bd.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e77d5d87-6976-41e6-8a53-02b33fbb3a80.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1df59b2e-0c8e-4532-9e79-e1c496915e59.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b2ff0b36-c2f6-4039-b1a7-f7d01eb13143.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7119d519-7460-45e3-b840-756f8f887d1d.jpg)
![220 MADISON Avenue #12L, New York City, NY 10016 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/de8c9837-e36d-4366-8f8a-6e0ca59177a9.jpg)

## Property Overview

Welcome to this spacious and sun-filled  one-bedroom, one-bathroom home at 220 Madison Avenue, offering high ceilings, excellent light, and beautiful views of the Empire State Building.

Facing south, the apartment enjoys wonderful natural light throughout the day, while the west-facing bedroom window provides a second exposure and additional afternoon light. The generous layout offers plenty of space and flexibility, making this a wonderful home or investment opportunity.

The windowed kitchen is well-proportioned and offers an exciting opportunity for customization. For those looking for a more open-concept feel, other owners of L-line apartments have opened their kitchens to create a more contemporary living and entertaining space, subject to the appropriate approvals.

The building features a full-time doorman and a  beautiful roof deck with stunning Empire State Building views and a grill, providing a wonderful setting to relax, entertain, or enjoy the city skyline.

The building is in excellent financial condition, with  no current assessments, and  Local Law 11 work has recently been completed, providing additional peace of mind for the next owner.

A spacious one-bedroom, one-bathroom with high ceilings, two exposures, beautiful Empire State Building views, and tremendous potential in a well-maintained, financially sound building-this is a special opportunity on Madison Avenue.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 4
- **Stories**: 15
- **Year Built**: 1940
- **Common Charges**: $2,136 / Monthly
- **Listed On**: Sep 9, 2026
- **Days on Market**: 22 Days

### Residence Features

- Building Other
- Building Roof Deck
- Washer Dryer Allowed
- City Lights
- City

## Estimated Monthly Payment

**$5,246 / month**, assuming a 20% down payment ($123,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,110
- **Common Charges**: $2,136

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

## Sales and market data

### Recent sales

34 apartments at John Murray House have recorded sales since September 2021, the most recent for $1,500,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-j-8J-ny-10016) (Apartment) | 2 | — | $1,500,000 | — | July 14, 2026 | MLS |
| 2D (Apartment) | Studio | 500 | $425,000 | $850/ft² | June 29, 2026 | MLS |
| 3M (Apartment) | 1 | — | $525,000 | — | April 28, 2026 | City record · MLS |
| 14/15O (Apartment) | 2 | — | $2,250,000 | — | March 3, 2026 | City record · MLS |
| 3H (Apartment) | 1 | — | $550,000 | — | January 8, 2026 | City record · MLS |
| 4M (Apartment) | Studio | 590 | $475,000 | $805/ft² | September 26, 2025 | City record · MLS |
| 4H (Apartment) | Studio | — | $495,000 | — | September 24, 2025 | City record · MLS |
| 15N (Apartment) | Studio | — | $510,000 | — | August 28, 2025 | City record · MLS |
| 12G (Apartment) | Studio | — | $505,000 | — | April 14, 2025 | City record · MLS |
| 4LN (Apartment) | 3 | — | $1,260,000 | — | November 13, 2024 | City record · MLS |
| 9O (Apartment) | Studio | — | $535,000 | — | October 10, 2024 | City record · MLS |
| 3O (Apartment) | 1 | — | $520,000 | — | September 23, 2024 | City record · MLS |
| 7K (Apartment) | 1 | — | $525,000 | — | August 23, 2024 | City record · MLS |
| 5A (Apartment) | 2 | — | $1,435,000 | — | July 26, 2024 | City record · MLS |
| 9N (Apartment) | 1 | 800 | $611,250 | $764/ft² | July 2, 2024 | City record · MLS |
| 11A (Apartment) | 2 | — | $1,650,000 | — | April 5, 2024 | City record · MLS |
| 4NL (Apartment) | 3 | — | $1,175,000 | — | January 25, 2024 | City record · MLS |
| 8H (Apartment) | Studio | 550 | $519,950 | $945/ft² | December 18, 2023 | City record · MLS |
| 5K (Apartment) | 1 | — | $515,000 | — | December 15, 2023 | City record · MLS |
| 6C (Apartment) | 1 | — | $575,000 | — | October 5, 2023 | City record · MLS |
| 12A (Apartment) | — | — | $1,190,000 | — | July 18, 2023 | City record |
| 11G (Apartment) | Studio | — | $470,000 | — | October 3, 2022 | City record · MLS |
| 8R (Apartment) | 1 | — | $662,500 | — | September 1, 2022 | City record · MLS |
| 10-M (Apartment) | Studio | — | $450,000 | — | May 26, 2022 | City record · MLS |
| 7-B (Apartment) | 1 | — | $801,596 | — | April 22, 2022 | City record · MLS |
| 10-O (Apartment) | Studio | — | $385,000 | — | April 13, 2022 | City record · MLS |
| 12-D (Apartment) | 1 | — | $445,000 | — | March 16, 2022 | City record · MLS |
| 12G (Apartment) | Studio | — | $385,000 | — | February 15, 2022 | City record · MLS |
| 11/12E (Duplex) | 2 | — | $1,300,000 | — | February 8, 2022 | MLS |
| 11E (Apartment) | — | — | $1,300,000 | — | January 31, 2022 | City record |
| 7R (Apartment) | 1 | — | $695,000 | — | January 27, 2022 | City record · MLS |
| 6B (Apartment) | 1 | — | $750,000 | — | November 22, 2021 | City record · MLS |
| 9L (Apartment) | 1 | — | $635,000 | — | November 10, 2021 | City record · MLS |
| 3J (Apartment) | — | — | $815,000 | — | October 19, 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**: $615,000
- **Median sold price**: $575,000
- **Difference**: +$40,000 (+7%)
- **Comparable sales**: 13
- **Sales from**: November 2021 – April 2026
- **Middle half of those sales**: $525,000 – $662,500

Based on one-bedroom sales at John Murray House.

Square footage is recorded for only 1 of these 13 sales (8%), 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**: 95.8% (10 sales)
- **Sold below asking**: 80% (10 sales)
- **Typical time to find a buyer**: 94 days (13 sales)
- **Typical time to close**: 83 days (13 sales)

Based on one-bedroom sales at John Murray House 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 one-bedroom sales in Midtown

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $620,000 | 17 |
| 2018 | $599,000 | 21 |
| 2019 | $639,000 | 16 |
| 2021 | $552,500 | 30 |
| 2022 | $587,500 | 16 |
| 2023 | $575,000 | 17 |
| 2024 | $613,125 | 18 |
| 2025 | $600,000 | 14 |
| 2026 YTD | $612,000 | 10 |

Based on recorded co-op one-bedroom sales in Midtown. 2026 is year-to-date.

Sales data through July 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 John Murray House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/john-murray-house)

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 198 apartments. The corporation’s 2026 property tax bill was $2,937,909 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 John Murray House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/john-murray-house)

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

## About The Building

### John Murray House

Midtown · Stock Cooperative

220 MADISON Avenue, New York, NY 10016

A building in Midtown, currently featuring 5 active listings.

- **Year Built**: 1941
- **Active Units**: 5
- **Floors**: 15

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/john-murray-house)

### Available Residences — For Sale (9)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [12L](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-12l-ny-10016) | 1 | 1 | — | — | $615,000 | Douglas Elliman Real Estate | Sep 9, 2026 | 22 days |
| [4D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-d-4D-ny-10016) | Studio | 10 | — | — | $489,000 (-2.0%) | Douglas Elliman Real Estate | Apr 21, 2026 | 163 days |
| [11/12K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-1112k-ny-10016) | 2 | 2 | — | — | $1,100,000 (-4.3%) | Keller Williams NYC | Sep 23, 2026 | 8 days |
| [3Q](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-3q-ny-10016) | 2 | 2 | — | — | $765,000 (-3.8%) | Brown Harris Stevens Residential Sales LLC | Jun 5, 2026 | 118 days |
| [5G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-5g-ny-10016) | Studio | 1 | — | — | $425,000 | Corcoran Group | Sep 14, 2026 | 17 days |
| [11M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-11m-ny-10016) | 2 | 2 | — | — | $1,295,000 (-7.2%) — In contract | Douglas Elliman Real Estate | Feb 5, 2025 | 603 days |
| [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-pha-PHA-ny-10016) | 2 | 2 | 1,700 sqft | $982 | $1,670,000 — In contract | Sothebys International Realty | Mar 2, 2026 | 213 days |
| [PHC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-phc-PHC-ny-10016) | Studio | 1 | — | — | $599,000 — In contract | Corcoran Group | May 12, 2026 | 142 days |
| [6R](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-r-6R-ny-10016) | 1 | 1 | — | — | $599,000 (-4.2%) — In contract | Douglas Elliman Real Estate | May 27, 2026 | 127 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [8J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-j-8J-ny-10016) | 2 | 2 | — | — | $1,500,000 | Brown Harris Stevens Brooklyn LLC | Mar 13, 2026 | Jul 14, 2026 |

## 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

- [John Murray House — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/john-murray-house)
- [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.