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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. 220 MADISON Avenue #PHC
Property thumbnail
1 / 15
Stock Cooperative•Midtown

220 MADISON Avenue #PHC, New York City, NY 10016

Listing Courtesy of Corcoran Group

$599,000

Potential Rebate: $8,985

Stock Cooperative
Studio
1 Bath
2 Rooms
Built 1940
15 Stories
Listed on Oct 24, 2025
63 days on market
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Overview

Live in the heart of Manhattan with your very own 350-square-foot private terrace framing a breathtaking, up-close view of the Empire State Building - a truly rare offering at this price point!<br> <br> This move-in ready studio stands apart from anything else in Midtown South or Murray Hill.<br> <br> Step inside and be greeted by nearly 10-foot ceilings and bright western exposures that fill the space with natural light.<br> The open floor plan allows for an effortless flow - with room for distinct generous living and sleeping areas.&nbsp;<br> <br> Wake up each morning to your cityscape views through the sliding glass doors leading to your private outdoor oasis.<br> <br> The windowed kitchen is smartly designed with stainless-steel Bertazzoni appliances, quartz countertops, and a bonus alcove that can function beautifully as a home office or chef's pantry.<br> <br> The spa-like bathroom offers a calm retreat, featuring a rainfall shower and modern finishes.<br> <br> Of course, the true showstopper is the massive private terrace spanning the full length of the apartment - perfect for al fresco dining, lounging, and entertaining, complete with a water line for easy landscaping and a retractable awning.<br> <br> Additional highlights include a private attic accessed through the kitchen - a rare and valuable storage feature.<br> <br> Located across from the iconic Morgan Library, 220 Madison Avenue is a white-glove prewar coop offering 24-hour doorman, an on-site garage, a landscaped roof deck, bike storage, and additional storage facilities.<br> <br> A rarely available opportunity to call this truly special and one-of-a-kind residence your home!

Home Features

  • •Window Unit(s)
  • •Building Roof Deck
  • •Private Outdoor Space Over 60 Sqft
  • •Dining Area
  • •Washer Dryer Allowed
  • •City

Estimated Monthly Payment

$4,653 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,960
Property Taxes
$0
Maintenance/Common Charges
$1,693

Estimated Rebate for this Home

One-time rebate at closing

$8,985

Monthly savings impact

$25/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 Corcoran Group

Data Source: TRESTLE #RLS20056458

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Price Analysis

Compare average listing prices and value metrics for John Murray House against the surrounding Midtown market.

Based on 4 active units in building vs 131 in area

Average List Price

Building$748.5K
Neighborhood$5.2M

Price Per SqFt

Building Avg$1,000/ft²
Neighborhood Avg$1,947/ft²
Value Opportunity

48.63% 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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