The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,500,000
1989 Madison Ave
Manhattan, NY, 10035
View more Manhattan, NY property pages5Beds
4Baths
4,484Sqft
$558$/sqft
Market Insights
Below nearby median-14%
$558/sqft vs a nearby median of $646/sqft.
Nearby median$646/sqft
Nearby properties12
Property size4,484 sqft
- -14% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,484 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.84M$2.58M – $3.10M · 50% confidence
vs ask $2.50M−$339k (−13.6%)
Asking price is about 13.6% below the fair value — likely to draw competing offers if it's still on market.
$646/sqft median across 9 tight comps × 4,484 sqft= $2.90M
- Visible condition issues−$87k −3.0%
- Transit access+$72k +2.5%
- Mid-century building era−$43k −1.5%
Cumulative NYC adjustments−$58k−2.0%
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.
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Listing Details
- Days on market
- 29 days
- Last price change
- No change recorded
- Listed
- Apr 13, 2026
- Photos
- 29 photos
- Property type
- townhomes
- Status
- for sale
Photos
Building Facts
- Year built
- 1980
- Stories
- 3
- Total units
- 2
- Residential units
- 2
- Building area
- 3,572 sqft
- Lot size
- 1,444 sqft
- Land use
- One and two family buildings
- Building class
- B1
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,500,000for sale