---
title: "220 MADISON Avenue #PHC, New York City, NY 10016"
description: "220 MADISON Avenue #PHC, New York City, NY 10016 — Midtown, New York City, NY. Listing Price $599,000. In contract 8/18/2026. Studio bed, 1 bath Illustrative Buyer Commission Share of $8,985 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-phc-PHC-ny-10016"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 220 MADISON Avenue #PHC, New York City, NY 10016

Midtown, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Listing Price**: $599,000
- **Status**: In contract 8/18/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,728 / 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**: $599,000
- **Illustrative Buyer Commission Share**: -$8,985*
- **Illustrative Net Cost**: $590,015

*Illustrative Buyer Savings of $8,985 — 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)

![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b04b1a12-73da-4290-bea9-6a17a00befdc.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3487bbb6-1f22-441f-bff0-ad9a34ce9aff.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c74913cc-d150-47fc-bb86-b730093e6271.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2af0a559-0c66-44eb-902d-48dc3e7b662e.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/254e4ee2-c373-472a-9bb5-9af5d240f6b3.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7736feb4-1be6-4d3f-8fd6-a3f231730be9.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/763f7e80-53e5-4543-9b7a-20183f6a9851.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/59c85d00-3aef-4960-a4e7-935bc29a93c9.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2a419c62-839e-4292-b359-ab16328f89a0.jpg)
![220 MADISON Avenue #PHC, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9e0b740a-49e4-4cd3-8cd6-94c70faded0b.jpg)

## Property Overview

Live in the heart of Manhattan with your very own 350-square-foot private terrace framing a breathtaking, up-close view of the Empire State Building - a truly rare offering at this price point!

 This move-in ready studio stands apart from anything else in Midtown South or Murray Hill.

 Step inside and be greeted by nearly 10-foot ceilings and bright western exposures that fill the space with natural light.

 The open, loft-like floor plan allows for an effortless flow - with room for distinct generous living and sleeping areas.

 Wake up each morning to your cityscape views through the sliding glass doors leading to your private outdoor oasis.

 The windowed kitchen is smartly designed with stainless-steel Bertazzoni appliances, granite countertops, and a bonus alcove that can function beautifully as a home office or chef's pantry.

 The spa-like bathroom offers a calm retreat, featuring a rainfall shower and modern finishes.

 Of course, the true showstopper is the massive private terrace spanning the full length of the apartment - perfect for al fresco dining, lounging, and entertaining, complete with a water line for easy landscaping and a retractable awning.

 Additional highlights include a private attic accessed through the kitchen - a rare and valuable storage feature.

 Located across from the iconic Morgan Library, 220 Madison Avenue is a white-glove prewar coop offering 24-hour doorman, an on-site garage, a landscaped roof deck, and additional storage facilities. Building is pet-friendly and allows pied a terre and copurchasing. Washer/Dryer installation also allowed with board approval.

 A rarely available opportunity to call this truly special and one-of-a-kind residence your home!

 All open houses are by appointment- send your buyers, if you can't make it, and I will be happy to accommodate!

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 15
- **Year Built**: 1940
- **Common Charges**: $1,728 / Monthly
- **Listed On**: May 12, 2026
- **Days on Market**: 124 Days

### Residence Features

- Window Unit(s)
- Building Other
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Dining Area
- High Ceilings
- Storage
- Dishwasher
- Washer Dryer Allowed
- City

## Sales Evidence

### Recent closed 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

The median closed price for comparable studio sales at John Murray House is $485,000, based on 10 sales between February 2022 and September 2025. This home is asking $599,000, $114,000 above that median. The middle half of those sales closed between $455,000 and $508,750.

- **Median closed price**: $485,000
- **Middle half**: $455,000 – $508,750
- **Based on**: 10 studio sales at John Murray House
- **Period**: February 2022 – September 2025

Square footage is recorded for only 2 of these 10 sales (20%), 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.

Across the 8 of these sales with a published asking price, the median closed at 91.2% of what it originally asked. 88% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 91.2% of the original ask
- **Closed below ask**: 88% of 8 sales
- **Listed → in contract**: 102 days (about 15 weeks)
- **In contract → closed**: 61 days (about 9 weeks)

Across the 8 of these sales with a published asking price, the median closed at 91.2% of what it originally asked. 88% of them closed below the original ask.

Half of these homes were in contract within 102 days (about 15 weeks) of coming to market, based on the 9 with a recorded listing date.

Once a deal was agreed, closing took a further 61 days (about 9 weeks), based on the 9 with both dates recorded. A co-op board package and its interview account for much of that.

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 10 studio sales at John Murray House, February 2022 – September 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op studio sales in Midtown, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $478,750 | 22 |
| 2018 | $482,500 | 17 |
| 2021 | $450,000 | 15 |
| 2022 | $457,500 | 18 |
| 2023 | $454,000 | 10 |
| 2025 | $485,000 | 12 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Midtown instead.

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)

## Price and Property History for 220 MADISON Avenue, Unit PHC

Review the recorded listing activity for 220 MADISON Avenue, Unit PHC, including asking-price changes and prior market dates.

- **Entered contract**: August 18, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 18, 2026 | $599,000 | Entered contract |
| May 12, 2026 | $599,000 | Listed for sale by Corcoran Group |

## 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 7 active listings.

- **Year Built**: 1940
- **Total Units**: 7
- **Floors**: 15

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

### Available Residences — For Sale (7)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 123 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 | 584 days |
| [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-pha-PHA-ny-10016) | 2 | 2 | — | — | $1,670,000 — In contract | Sothebys International Realty | Mar 2, 2026 | 194 days |
| [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 | 183 days |
| [6-B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-6b-ny-10016) | 1 | 1 | — | — | $795,000 (-3.5%) | Weichert Properties | Mar 26, 2026 | 170 days |
| [6R](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/220-madison-avenue-r-6R-ny-10016) | 1 | 1 | — | — | $599,000 (-4.2%) | Douglas Elliman Real Estate | May 27, 2026 | 108 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 | 99 days |

## Estimated Monthly Payment

**$4,757 / month**, assuming a 20% down payment ($119,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,029
- **Common Charges**: $1,728

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

## 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.