---
title: "244 Madison Avenue #11-L, New York City, NY 10016"
description: "244 Madison Avenue #11-L, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $615,000. Price Reduced: Reduced $33,000 (5.1%) from $648,000 on September 8, 2026. 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/10016/244-madison-avenue--l-11L-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-19T05:12:24.015Z"
status: "Active"
---

# 244 Madison Avenue #11-L, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of R New York

Last updated: September 19, 2026, 1:12 AM

## At a Glance

- **Listing Price**: $615,000
- **Price Reduced**: Reduced $33,000 (5.1%) from $648,000 on September 8, 2026
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $2,341 / 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 (10)

![244 Madison Avenue #11-L, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c4de1e5f-3d5f-474e-af09-46db9a11657f.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ecff5ec-af8f-4104-8e95-76e46fb84bd0.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/151e6343-eb15-4346-b2ba-484c1ceff769.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c14434e3-a097-4e32-8e4e-e5e515911bf8.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0289c86c-09dc-48a1-9602-c6da68b37708.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d98e5f2d-d75a-43e2-9bb9-95e49e1c4710.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ec401c1-82ac-4511-8140-65843578406f.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/57872edf-55be-401b-9ef4-564c745df3f7.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/234ab37b-cc55-492d-887d-ec47d0ce179f.jpg)
![244 Madison Avenue #11-L, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/006d024b-9e13-4be9-b2c4-cb4309b3c776.jpg)

## Property Overview

EXCEPTIONAL OPPORTUNITY!

High above Madison Avenue in the heart of Murray Hill, Residence 11L at Murray Hill Plaza presents a rare opportunity to own a loft-style home with a walled-off bedroom, dramatic 12-foot ceilings, abundant natural light, and open city views.

For buyers looking for exceptional space, character, and value in Midtown, this is an opportunity worth seeing.

Flooded with natural light through expansive windows, the residence offers a remarkable sense of volume rarely found in Manhattan. The elevated eastern exposure captures beautiful morning light and sunrise views, while the outlook overlooks the beautifully restored NH Collection New York Madison Avenue Hotel, housed in the landmark 1923 Renaissance Revival-style Fraternities Club Building.

The thoughtfully renovated interior balances modern luxury with loft-like character. The chef's kitchen features quartz countertops, custom wood-and-glass cabinetry, soft-close drawers, stainless steel appliances, and designer tilework. Rich hardwood floors, generous storage, and contemporary finishes continue throughout.

The open living and dining areas provide an ideal setting for entertaining, while the private walled-off bedroom creates a comfortable retreat with exceptional eastern light. A sleek contemporary bathroom with sophisticated tilework and a glass-enclosed shower completes the home.

Murray Hill Plaza is a full-service cooperative offering 24-hour doorman service, a live-in resident manager, attentive maintenance staff, BuildingLink services, a modern laundry facility, and a beautifully landscaped rooftop terrace with sweeping Manhattan skyline views. With board approval, the building permits the installation of either a washer and dryer or a dishwasher in the apartment.

The location is exceptionally convenient, just moments from Grand Central Terminal, Bryant Park, Madison Square Park, The Morgan Library & Museum, world-class dining, shopping, and entertainment.

Pied-à-terres and purchases for children are permitted, with subletting permitted after two years of ownership.

With its dramatic ceiling height, flexible loft-style layout, abundant light, and full-service amenities, Residence 11L offers a rare combination of space, character, and value in the heart of Midtown Manhattan.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 17
- **Year Built**: 1916
- **Common Charges**: $2,341.46 / Monthly
- **Listed On**: Jun 11, 2026
- **Days on Market**: 102 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common Area
- Building Roof Deck
- Dining Area
- Entrance Foyer
- City

## Estimated Monthly Payment

**$5,451 / 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**: $2,341

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

## Sales and market data

### Recent sales

42 apartments at Murray Hill Plaza have recorded sales since September 2021, the most recent for $720,000 in February 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 15I (Apartment) | 1 | 817 | $720,000 | $881/ft² | February 10, 2026 | City record · MLS |
| 16B (Apartment) | 1 | — | $640,000 | — | February 5, 2026 | City record · MLS |
| 12B (Apartment) | 1 | — | $625,000 | — | December 1, 2025 | City record · MLS |
| 4D (Apartment) | Studio | 624 | $519,000 | $832/ft² | October 24, 2025 | City record · MLS |
| PHE (Apartment) | Studio | 500 | $525,000 | $1,050/ft² | October 14, 2025 | City record |
| 4I (Apartment) | 1 | — | $640,000 | — | July 11, 2025 | City record · MLS |
| 10L (Apartment) | — | — | $660,000 | — | May 13, 2025 | City record |
| 12A (Apartment) | 1 | 900 | $631,000 | $701/ft² | May 12, 2025 | City record |
| 7-A (Apartment) | 1 | 900 | $620,000 | $689/ft² | May 6, 2025 | City record · MLS |
| 15H (Apartment) | 2 | 950 | $670,000 | $705/ft² | April 17, 2025 | City record · MLS |
| 6I6J (Apartment) | — | — | $1,285,000 | — | April 4, 2025 | City record |
| 7B (Apartment) | 1 | — | $570,000 | — | October 28, 2024 | City record · MLS |
| 15F (Apartment) | Studio | — | $360,000 | — | August 16, 2024 | City record · MLS |
| 5D (Apartment) | Studio | 550 | $525,000 | $955/ft² | June 17, 2024 | City record |
| 16I (Apartment) | — | — | $606,000 | — | February 28, 2024 | City record |
| 8B (Apartment) | 1 | 800 | $633,000 | $791/ft² | December 8, 2023 | City record · MLS |
| 6-K (Apartment) | Studio | 600 | $532,500 | $888/ft² | August 31, 2023 | City record · MLS |
| 11B (Apartment) | 1 | — | $645,000 | — | August 18, 2023 | City record · MLS |
| 5C (Apartment) | — | — | $496,000 | — | July 17, 2023 | City record |
| 4J (Apartment) | Studio | — | $460,000 | — | July 7, 2023 | City record · MLS |
| 7H (Apartment) | 2 | 950 | $880,000 | $926/ft² | June 15, 2023 | City record · MLS |
| 4C (Apartment) | Studio | — | $390,000 | — | February 28, 2023 | City record · MLS |
| 5-A (Apartment) | 1 | — | $550,000 | — | January 24, 2023 | City record · MLS |
| 8C (Apartment) | Studio | — | $450,000 | — | January 5, 2023 | City record · MLS |
| 5E (Apartment) | Studio | 700 | $420,000 | $600/ft² | September 27, 2022 | City record |
| 10-C (Apartment) | Studio | 600 | $476,000 | $793/ft² | September 21, 2022 | City record · MLS |
| 3D (Apartment) | Studio | — | $510,000 | — | July 5, 2022 | City record · MLS |
| 2H (Apartment) | 2 | 1,000 | $728,000 | $728/ft² | June 28, 2022 | City record · MLS |
| 15-E (Loft) | 1 | — | $489,000 | — | June 13, 2022 | MLS |
| 9J (Apartment) | Studio | — | $465,000 | — | June 1, 2022 | City record · MLS |
| 10B (Apartment) | — | — | $578,000 | — | May 24, 2022 | City record |
| 15B (Apartment) | 1 | — | $600,000 | — | May 18, 2022 | City record · MLS |
| 15I (Apartment) | 1 | 817 | $725,000 | $887/ft² | May 5, 2022 | City record · MLS |
| 11A (Apartment) | 1 | 900 | $550,000 | $611/ft² | April 26, 2022 | City record · MLS |
| 12-DE (Apartment) | 2 | 1,300 | $1,040,000 | $800/ft² | February 28, 2022 | City record · MLS |
| 3K (Duplex) | Studio | 600 | $530,000 | $883/ft² | February 23, 2022 | City record · MLS |
| 3EF (Apartment) | 2 | — | $885,000 | — | February 18, 2022 | City record · MLS |
| 8HI (Apartment) | 3 | 1,675 | $1,675,000 | $1,000/ft² | February 10, 2022 | City record · MLS |
| 16C (Apartment) | Studio | 600 | $490,000 | $817/ft² | January 21, 2022 | City record · MLS |
| 5F (Apartment) | Studio | — | $380,000 | — | January 19, 2022 | City record · MLS |

Showing the 40 most recent of 42 recorded sales in this period.

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**: $631,000
- **Difference**: -$16,000 (-2.5%)
- **Comparable sales**: 13
- **Sales from**: April 2022 – February 2026
- **Middle half of those sales**: $600,000 – $640,000

Based on one-bedroom sales at Murray Hill Plaza.

Square footage is recorded for only 6 of these 13 sales (46%), 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**: 98.5% (11 sales)
- **Sold below asking**: 64% (11 sales)
- **Typical time to find a buyer**: 48 days (10 sales)
- **Typical time to close**: 88 days (10 sales)

Based on one-bedroom sales at Murray Hill Plaza 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 Murray Hill

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $678,000 | 18 |
| 2017 | $697,500 | 74 |
| 2018 | $668,944 | 62 |
| 2019 | $660,000 | 55 |
| 2020 | $600,000 | 27 |
| 2021 | $586,250 | 84 |
| 2022 | $585,000 | 90 |
| 2023 | $640,000 | 75 |
| 2024 | $635,000 | 65 |
| 2025 | $599,500 | 64 |
| 2026 YTD | $675,000 | 36 |

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

Sales data through February 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 Murray Hill Plaza](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/murray-hill-plaza)

## Price and Property History for 244 Madison Avenue, Unit 11-L

Review the recorded listing activity for 244 Madison Avenue, Unit 11-L, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $33,000, or 5.1%, on September 8, 2026
- **Originally listed**: June 4, 2026 at $668,000
- **Current asking price**: $615,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 8, 2026 | $615,000 | Asking price reduced by $33,000, or 5.1% |
| July 20, 2026 | $648,000 | Asking price reduced by $20,000, or 3% |
| June 4, 2026 | $668,000 | Listed for sale by R New York |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 180 apartments. The corporation’s 2026 property tax bill was $2,196,505 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 Murray Hill Plaza](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/murray-hill-plaza)

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

## About The Building

### Murray Hill Plaza

Midtown · Duplex

244 MADISON Avenue, New York, NY 10016

A building in Midtown, currently featuring 5 active listings.

- **Year Built**: 1916
- **Active Units**: 5
- **Floors**: 17

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

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [11-L](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/244-madison-avenue--l-11L-ny-10016) | 1 | 1 | — | — | $615,000 (-5.1%) | R New York | Jun 11, 2026 | 102 days |
| [10D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/244-madison-avenue-d-10D-ny-10016) | 1 | 1 | — | — | $565,000 (-5.0%) | Compass | Jun 8, 2026 | 105 days |
| [16A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/244-madison-avenue-a-16A-ny-10016) | 1 | 1 | 975 sqft | $918 | $895,000 (-3.2%) | Brown Harris Stevens Residential Sales LLC | Mar 26, 2026 | 179 days |
| [12DE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/244-madison-avenue-12de-ny-10016) | 2 | 2 | — | — | $995,000 | Douglas Elliman Real Estate | Sep 8, 2026 | 13 days |
| [11F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/244-madison-avenue-11f-ny-10016) | Studio | 1 | — | — | $425,000 | Serhant | Sep 14, 2026 | 7 days |
| [12F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/244-madison-avenue-f-12F-ny-10016) | Studio | 1 | 550 sqft | $755 | $415,000 (-7.8%) — In contract | Douglas Elliman Real Estate | Mar 18, 2025 | 552 days |

## Murray Hill

Overview of Murray Hill

[Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Murray Hill

- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [Murray Hill Plaza — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/murray-hill-plaza)
- [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [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.