The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$895,000
244 Madison Ave Apt 16A
Manhattan, NY, 10016
View more Manhattan, NY property pages1Beds
1Baths
975Sqft
$918$/sqft
Market Insights
Below nearby median-21%
$918/sqft vs a nearby median of $1159/sqft.
Nearby median$1159/sqft
Nearby properties8
Property size975 sqft
- -21% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 975 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.19M$1.06M – $1.31M · 33% confidence
vs ask $895k−$292k (−32.6%)
Asking price is about 32.6% below the fair value — likely to draw competing offers if it's still on market.
$1,159/sqft median across 4 tight comps × 975 sqft= $1.13M
- Transit access+$28k +2.5%
- Pre-war character+$28k +2.5%
Cumulative NYC adjustments+$57k+5.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 47 days
- Last price change
- No change recorded
- Listed
- Mar 26, 2026
- Photos
- 13 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1916
- Stories
- 16
- Total units
- 186
- Residential units
- 180
- Building area
- 3.28 ac
- Lot size
- 9,381 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$895,000for sale