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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 159 MADISON Avenue #12C
Property thumbnail
1 / 9
Stock Cooperative•Midtown

159 MADISON Avenue #12C, New York City, NY 10016

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

$1,299,000

Potential Rebate: $19,485

Stock Cooperative
2 Beds
2 Baths
4 Rooms
Built 1917
12 Stories
Listed on Sep 26, 2025
92 days on market
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Overview

Immaculately customized and high-end renovated loft-like 2 bedroom, 2 bathroom plus large custom created loft space for home office/storage and private terrace. Situated on the penthouse level, 14 foot ceilings and hardwood floors throughout are just the start as no detail has been overlooked. Cook to your heart's content in the open layout chef's kitchen which spares no expense featuring a Sub-Zero refrigerator, Wolf gas range/oven, Bosch dishwasher, schist stone countertops, porcelain tile floors and custom cabinets. Enjoy the meal at your breakfast bar that seats 3. The oversized living area comfortably fits separate living and dining areas.<br> <br> The spacious primary bedroom accommodates your king size bed in addition to your desk and a full wall of custom closets including additional overhead storage. The en suite bathroom features porcelain tile floors and a beautiful tiled shower. The second full bathroom also has a tiled shower and is conveniently located next to the second bedroom split from the primary bedroom providing privacy. Enjoy the sunrise on your private terrace with electricity. The large loft above the living room is the ideal flex space that can serve as a work area, den or immense storage space. Ductless split AC system, custom dimmable LED light fixtures, fans and custom closet doors bring comfort and style together in perfect harmony. Laundry is conveniently located on your floor.<br> <br> A mid-rise full-service building located in the heart of NoMad, 159 Madison Avenue is a luxury living experience, offering unique layouts in a building that once served as the international headquarters for General Electric. It serves as home to an incredible, long-time staff and a warm community, featuring a beautifully landscaped roof deck, live-in resident manager and private storage, subject to availability (for rent). Washer/dryers instillation allowed in apartments, subject to board approval.&nbsp;<br> <br> Because of its ideal location, the best of Manhattan is within a stone's throw in every direction, with Madison Square Park, Grand Central, Penn Station, Hudson Yards, Gramercy Park, Flatiron and Chelsea all mere blocks away. This vibrant neighborhood is home to an incredible number of diverse offerings: lovely and serene Madison Square Park, Whole Foods, Trader Joe's, Fairway Market, Dover Street market, Ritz Carlton NoMad, Equinox, New York Sports Club and acclaimed restaurants including Scarpetta, Eleven Madison Park, The Morgan Library and more.&nbsp; Excellent nearby public transportation options available include the 6, B, D, F, M, N, Q, R, W and PATH trains.<br> <br> Pied-a-terres, parents purchasing for children, co-purchasers, guarantors (NY State resident) and gifts allowed, each subject to board approval. Pets (under 40 lbs) and subletting allowed (after 2 years of residency), each subject to board approval. All measurements and square footages are approximate and all information should be confirmed by customer.

Home Features

  • •Building Roof Deck
  • •Private Outdoor Space Under 60 Sqft
  • •City

Estimated Monthly Payment

$9,408 per month

30 year fixed, 6.28% Interest

Principal and Interest
$6,419
Property Taxes
$0
Maintenance/Common Charges
$2,989

Estimated Rebate for this Home

One-time rebate at closing

$19,485

Monthly savings impact

$54/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Data Source: TRESTLE #RLS20051283

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 159 Madison Avenue against the surrounding Midtown market.

Based on 2 active units in building vs 131 in area

Average List Price

Building$1.9M
Neighborhood$5.2M

Price Per SqFt

Building Avg$1,040/ft²
Neighborhood Avg$1,947/ft²
Value Opportunity

46.60% Lower

than the Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Midtown

The Center of the World

\n

Midtown is the commercial heart of NYC. Skyscrapers, tourists, and business.

\n

Real Estate & Housing Market

\n

Luxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood."

\n

Lifestyle & Community

\n

Dominanted by office workers and tourists. Convenient but lacks a local feel.

\n

Transportation & Accessibility

\n

Every train goes through Midtown. Grand Central is here.

\n

Parks, Schools & Amenities

\n

Bryant Park and Central Park (south border) are key.

\n

Who This Neighborhood Is Best For

\n

Best for pied-à-terre buyers and busy executives.

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