172 Madison Avenue #8B, New York City, NY 10016
Listing Courtesy of Sothebys International Realty
$1,975,000
Potential Rebate: $29,625
Overview
8B has an extra-large living room, views South and North city skyline with direct sunlight throughout the day. Master bedroom prepared with 3 large closets and 1 walk-in closet. Floor to ceiling windows, 11" ceilings throughout. High quality finishes.
172 Madison Ave has amenities including a fitness center, resident’s lounge, Children’s playroom and a 60-foot swimming pool paired with Jacuzzi. Including a separate deeded storage unit.
Home Features
- •Common Area
- •Laundry Room
- •In Unit
- •Dryer
- •Dishwasher
- •Washer
- •Hardwood
- •City
Estimated Monthly Payment
$15,354 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$29,625
Monthly savings impact
$82/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).
Similar Homes
330 East 38TH Street #6N, New York City, NY 10016
Listing Courtesy of Corcoran Group
330 East 38TH Street #56K, New York City, NY 10016
Listing Courtesy of Thrasher Real Estate LLC
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
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 Sothebys International Realty
Data Source: TRESTLE #RLS20007951
Price Analysis
Compare average listing prices and value metrics for 172 Madison Avenue against the surrounding Midtown South market.
Average List Price
Price Per SqFt
21482.73% Higher
than the Midtown South price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Midtown South.
Midtown South
Overview of Midtown South
Midtown South is the energetic heart of Manhattan, bridging the gap between the corporate grandeur of Midtown and the creative buzz of downtown. Roughly spanning 30th to 42nd Streets, this area includes Herald Square, Bryant Park, and the Garment District. For buyers looking at Midtown South Manhattan real estate, the neighborhood offers a central, fast-paced, and transforming environment.
Living in Midtown South, Manhattan places you at the epicenter of New York City’s action. It is a high-energy district known for major retail hubs, tech offices, and loft-style living. As a Manhattan NYC neighborhood, it has evolved from a purely commercial zone into a vibrant mixed-use community where historic industrial buildings are being reborn as luxury lofts and hotels.
Real Estate & Housing Market
The landscape for homes for sale in Midtown South is unique. The housing stock is characterized by converted commercial lofts with high ceilings and oversized windows, as well as new construction luxury high-rises. This shift is driven by the area's popularity with tech companies (often called "Silicon Alley"), which has fueled demand for residential space.
The market appeals to those who prioritize location and loft aesthetics. You will find a mix of pre-war co-ops and sleek condos. It is a prime area for investors and young professionals who want to be within walking distance of both their office and the city’s major entertainment venues.
Lifestyle & Community
The lifestyle in Midtown South is dynamic and non-stop. Residents live in the middle of the city's most iconic attractions, including the Empire State Building and Macy's Herald Square. Bryant Park serves as the neighborhood's "backyard," hosting Winter Village, outdoor movies, and fashion events throughout the year.
Community feeling is growing as more residential buildings open. The dining scene is exploding, particularly in Koreatown and the areas surrounding Bryant Park, offering everything from quick bites to high-end gastronomy. It is a neighborhood for those who feed off the energy of the city and want endless options at their doorstep.
Transportation & Accessibility
If accessibility is king, Midtown South wears the crown. It sits atop some of the largest transit hubs in the world: Penn Station, Moynihan Train Hall, and the Herald Square subway complex (B, D, F, M, N, Q, R, W trains). Access to New Jersey, Long Island, and Amtrak is immediate.
Commuting within Manhattan is often just a walk away. Major subway lines converge here, making it possible to get to the Upper West Side or Lower Manhattan in minutes. The neighborhood is truly the crossroads of the city.
Parks, Schools & Amenities
Bryant Park is the crown jewel of Midtown South amenities—a world-class public space with a reading room, carousel, and lawn. It is a daily destination for locals. The neighborhood also offers easy access to the Hudson River Park to the west.
Amenities are abundant, with flagship retail stores, 24-hour services in nearby Koreatown, and specialized fitness studios. While schools are fewer than in residential uptown areas, new options are opening to serve the growing population.
Who This Neighborhood Is Best For
Midtown South is best for tech workers, young professionals, and those who thrive on urban energy. It is ideal for residents who want a true loft apartment and unbeatable transit access.
