---
title: "127 MADISON Avenue #4, New York City, NY 10016"
description: "127 MADISON Avenue #4, New York City, NY 10016 — NoMad, New York City, NY. Listing Price $1,980,000. Price Reduced: Reduced $20,000 (1%) from $2,000,000 on September 11, 2026. 2 bed, 2 bath, 1,557 sqft Illustrative Buyer Commission Share of $29,700 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/127-madison-avenue-4-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-11T22:06:25.330Z"
status: "Active"
---

# 127 MADISON Avenue #4, New York City, NY 10016

NoMad, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: September 11, 2026, 6:06 PM

## At a Glance

- **Listing Price**: $1,980,000
- **Price Reduced**: Reduced $20,000 (1%) from $2,000,000 on September 11, 2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,557
- **Common Charges**: $1,911 / mo
- **Price per Sqft**: $1,272
- **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**: $1,980,000
- **Illustrative Buyer Commission Share**: -$29,700*
- **Illustrative Net Cost**: $1,950,300

*Illustrative Buyer Savings of $29,700 — 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)

![127 MADISON Avenue #4, New York City, NY 10016 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52c30de0-ac19-4156-a4bb-b1131e1a6cce.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56f987d9-29d4-42e5-95b9-f23c824cacff.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80df4a04-121c-4206-bbf7-d6e37d455113.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61dcc16d-0f86-49c1-999a-95c3f8687926.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67182622-d75d-4790-aa11-921d9151576f.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e864ba39-f0b6-4d71-b70c-a0585107b17a.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9f2670c-1c74-4f05-a0cb-0af935e4f26c.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7c94b617-3476-48c5-a336-64c457275553.jpg)
![127 MADISON Avenue #4, New York City, NY 10016 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5ad92059-02db-4171-943f-5b9294f7d413.jpg)

## Property Overview

M127 is a celebration of materiality and history -- a 1920 prewar boutique condo reimagined through progressive design, with seven full-floor simplexes and two duplex penthouses. The building's architecture bridges old-world character with modern precision, resulting in residences that feel both grounded and refined.

 Positioned on the fourth floor of this intimate nine-unit SHoP Architects-designed building, the apartment offers 1,577 square feet of thoughtfully designed living space accessible through a private keyed elevator. In addition to being one of NoMad's most architecturally distinctive buildings, M127 offers its residents scale, low carrying costs ($2.40 PSF), and privacy that a boutique full-floor layout affords.

 The open chef's kitchen is outfitted by Schiffini, the timeless kitchen designer, and features a SubZero refrigerator, Bosch appliances, a built-in Miele espresso maker, and Carrara marble countertops. The bathrooms are appointed with Axor faucets and Bisazza tiles.

 The building, which boasts a newly renovated lobby, is located by Madison Square Park, the location places residents at the intersection of NoMad, Flatiron, and Gramercy, with seamless access to the city's finest dining, culture, and transit.

 Taxes can be reduced by 17.5 percent through the primary condo abatement.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,557 sqft
- **Stories**: 12
- **Year Built**: 1920
- **Price per Sqft**: $1,272
- **Common Charges**: $1,911 / Monthly
- **Listed On**: Jun 10, 2026
- **Days on Market**: 103 Days

### Residence Features

- Washer Hookup
- In Unit
- Washer Dryer Allowed
- City

## Estimated Monthly Payment

**$11,923 / month**, assuming a 20% down payment ($396,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $10,012
- **Common Charges**: $1,911

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

## Sales and market data

### Recent sales

5 apartments at M127 have recorded sales since September 2021, the most recent for $1,850,000 in January 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5 (Apartment) | 2 | 1,600 | $1,850,000 | $1,156/ft² | January 6, 2026 | City record · MLS |
| 2 (Apartment) | 2 | 1,550 | $1,750,000 | $1,129/ft² | December 20, 2024 | City record · MLS |
| PHA (Apartment) | 3 | 2,381 | $3,150,000 | $1,323/ft² | September 15, 2023 | City record · MLS |
| 4 (Apartment) | 2 | 1,577 | $1,550,000 | $983/ft² | February 15, 2023 | City record |
| 8 (Apartment) | 2 | 1,554 | $1,925,000 | $1,239/ft² | August 9, 2022 | 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

- **This home**: $1,980,000
- **Median sold price**: $1,800,000
- **Difference**: +$180,000 (+10%)
- **This home, $/ft²**: $1,272
- **Median $/ft²**: $1,143
- **Comparable sales**: 4
- **Sales from**: August 2022 – January 2026
- **Middle half of those sales**: $1,700,000 – $1,868,750

Based on two-bedroom sales at M127.

### How these sales were negotiated

- **Sale-to-list price**: 97.5% (3 sales)
- **Sold below asking**: 100% (3 sales)

Based on two-bedroom sales at M127 with the required listing and closing data. Sample sizes vary by metric.

### Price trend

Median sale price, condo and house two-bedroom sales in NoMad

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $3,086,230 | 15 |
| 2018 | $2,462,500 | 18 |
| 2019 | $3,042,154 | 44 |
| 2020 | $2,667,000 | 12 |
| 2021 | $2,700,000 | 55 |
| 2022 | $3,155,000 | 103 |
| 2023 | $2,823,232 | 36 |
| 2024 | $2,765,755 | 37 |
| 2025 | $2,510,000 | 22 |
| 2026 YTD | $2,200,000 | 17 |

Based on recorded condo and house two-bedroom sales in NoMad. 2026 is year-to-date.

Sales data through January 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 M127](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m127)

## Price and Property History for 127 MADISON Avenue, Unit 4

Review the recorded listing activity for 127 MADISON Avenue, Unit 4, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $20,000, or 1%, on September 11, 2026
- **Originally listed**: June 10, 2026 at $2,000,000
- **Current asking price**: $1,980,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 11, 2026 | $1,980,000 | Asking price reduced by $20,000, or 1% |
| June 10, 2026 | $2,000,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 127 MADISON Avenue #4 were $22,671 in 2026, up 3.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $543,457 | $20,201 | $523,256 | $181,367 | $22,671 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $460,079 | $20,201 | $439,878 | $175,746 | $21,968 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $383,405 | $20,201 | $363,204 | $162,728 | $20,341 | 12.5% |
| 2023 (FY 2023/24) | $356,164 | $20,201 | $335,963 | $150,674 | $18,837 | 12.502% |
| 2022 (FY 2022/23) | $385,812 | $20,201 | $365,611 | $139,513 | $17,114 | 12.267% |
| 2021 (FY 2021/22) | $453,902 | $20,201 | $433,701 | $139,513 | $17,069 | 12.235% |
| 2020 (FY 2020/21) | $487,058 | $20,201 | $466,857 | $135,189 | $16,584 | 12.267% |
| 2019 (FY 2019/20) | $480,835 | $20,201 | $460,634 | $125,175 | $15,613 | 12.473% |
| 2018 (FY 2018/19) | $115,903 | — | — | $115,903 | $14,618 | 12.612% |
| 2017 (FY 2017/18) | $107,318 | — | — | $107,318 | $13,650 | 12.719% |
| 2016 (FY 2016/17) | $107,318 | — | — | $107,318 | $13,835 | 12.892% |
| 2015 (FY 2015/16) | $103,992 | — | — | $103,992 | $13,397 | 12.883% |
| 2014 (FY 2014/15) | $96,289 | — | — | $96,289 | $12,378 | 12.855% |
| 2013 (FY 2013/14) | $89,157 | — | — | $89,157 | $11,720 | 13.145% |
| 2012 (FY 2012/13) | $82,553 | — | — | $82,553 | $10,881 | 13.181% |
| 2011 (FY 2011/12) | $82,553 | — | — | $82,553 | $11,089 | 13.433% |
| 2010 (FY 2010/11) | $79,994 | — | — | $79,994 | $10,682 | 13.353% |

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 1008601204. 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

### M127

NoMad · Condominium

127 MADISON Avenue, New York, NY 10016

A building in NoMad, currently featuring 1 active listing.

- **Year Built**: 1920
- **Active Units**: 1
- **Floors**: 12

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m127)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/127-madison-avenue-4-ny-10016) | 2 | 2 | 1,557 sqft | $1,272 | $1,980,000 (-1.0%) | Douglas Elliman Real Estate | Jun 10, 2026 | 102 days |

## NoMad

Overview of NoMad

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

### Nearby NoMad

- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [M127 — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m127)
- [NoMad neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad)
- [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.