RealtyLens
for saleRealtyLens property overview
$2,495,000

172 Madison Ave Fl 24B

Manhattan, NY, 10016
View more Manhattan, NY property pages
2Beds
2.5Baths
1,476Sqft
$1690$/sqft

Listing Notes

Finest Views in New York! When you mention NYC, one immediately envisions icons such as the Empire State Building, the Chrysler Building, and One Vanderbilt. What if you could see these masterpieces every day from a true luxury 2-bedroom, 2.5 bath condo with walls of windows and 10-foot ceilings? Look no further than #24B at 172 Madison Ave. Enter the proper foyer and be immediately taken aback by the volume of space. The juxtaposition of saturated sunlight with dark, wide-plank wood floors creates your own private sanctuary. The oversized living room/dining room is perfect for entertaining 2 or 20. The large, gourmet open kitchen has a sculptural element. The secondary bedroom is the size of most primary bedrooms with its own en-suite bath and walk-in closet. The primary bedroom has its own wing with two closets, a stunning en-suite bath, and the best views of the Empire State Building, period. Additional features include: 1/2 bath off the foyer, central air, tons of closet space, and a washer/dryer. 172 Madison has every desired amenity, including a 24-hour doorman, gym, pool, steam room, lounge, courtyard, children's playroom, storage, bike storage, pet spa, and live-in super. Pets welcome. Located in northern NoMad, enjoy luxury shopping and destination restaurants.

Market Insights

Below nearby median-13%

$1690/sqft vs a nearby median of $1943/sqft.

Nearby median$1943/sqft
Nearby properties8
Property size1,476 sqft
  • -13% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,476 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.17M$2.83M$3.52M · 33% confidence
vs ask $2.50M−$680k (−27.3%)

Asking price is about 27.3% below the fair value — likely to draw competing offers if it's still on market.

$2,059/sqft median across 4 tight comps × 1,476 sqft= $3.04M
  • Transit access+$122k +4.0%
  • Modern construction+$46k +1.5%
  • Days-on-market gravity−$30k −1.0%
Cumulative NYC adjustments+$137k+4.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-13% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
96 days
Last price change
No change recorded
Listed
Feb 5, 2026
Photos
17 photos
Property type
condos
Status
for sale
Last sold
Jun 29, 2021 · $2,596,537

Features & Amenities

DoormanElevatorGymSecurity FeaturesDishwasherNew ConstructionRecreation FacilitiesWasher DryerSwimming PoolModern KitchenGourmet KitchenOpen KitchenHigh CeilingEnsuiteViewsWalk In ClosetHardwood FloorsShopping

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
$2,495,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.