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for saleRealtyLens property overview
$1,975,000
172 Madison Ave Fl 8B
New York, NY, 10016
View more New York, NY property pages2Beds
2.5Baths
1,488Sqft
$1327$/sqft
Market Insights
Below nearby median-21%
$1327/sqft vs a nearby median of $1670/sqft.
Nearby median$1670/sqft
Nearby properties12
Property size1,488 sqft
- -21% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,488 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.52M$2.27M – $2.77M · 42% confidence
vs ask $1.98M−$547k (−27.7%)
Asking price is about 27.7% below the fair value — likely to draw competing offers if it's still on market.
$1,670/sqft median across 5 tight comps × 1,488 sqft= $2.48M
- Transit access+$99k +4.0%
- Days-on-market gravity−$75k −3.0%
- Modern construction+$37k +1.5%
- Open DOB violations−$25k −1.0%
Cumulative NYC adjustments+$37k+1.5%
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.
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Listing Details
- Days on market
- 427 days
- Last price change
- No change recorded
- Listed
- Mar 11, 2025
- Photos
- 12 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2016
- Stories
- 34
- Total units
- 74
- Residential units
- 72
- Building area
- 2.68 ac
- Lot size
- 10,752 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,975,000for sale
Public Records
DOB violations10 open
20 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)21,008
Top: noise - residential
Top complaint types in ZIP 10016
- Noise - Residential3,095
- Encampment1,860
- Noise - Helicopter1,535
- Illegal Parking1,393
- Homeless Person Assistance1,092
Recent DOB
- Aug 14, 2024V-DOB VIOLATION - ACTIVE · FISPHAZ-HAZARDOUS CONDITION (FACADE) FACADE REQUIRED
- Aug 13, 2024V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Aug 13, 2024V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Feb 22, 2024V-DOB VIOLATION - ACTIVE · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.