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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. 244 MADISON Avenue #6L
Property thumbnail
1 / 13
Stock Cooperative•Midtown

244 MADISON Avenue #6L, New York City, NY 10016

Listing Courtesy of Serhant

$675,000

Potential Rebate: $10,125

Stock Cooperative
1 Bed
1 Bath
4 Rooms
Built 1916
16 Stories
Listed on Jul 16, 2025
164 days on market
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Overview

<p>&nbsp;</p> <p> <strong> </strong></p> Welcome to 244 Madison Avenue, Apartment 6L - a bright and airy one-bedroom co-op in the heart of Midtown Manhattan. The apartment is currently tenant-occupied and will be delivered vacant. Please note: the maintenance listed does not reflect primary residence abatement.&nbsp;&nbsp; <p>&nbsp;</p> <p>This thoughtfully laid-out home features soaring 11-foot ceilings, oversized east-facing windows that bring in fantastic natural light, and ample built-in storage throughout. The kitchen is equipped with full-size stainless steel appliances and offers great functionality for everyday living. Washer and dryer is also allowed to be installed in lieu of the dishwasher with board approval.&nbsp;</p> <p>244 Madison Avenue is a full-service, pre-war co-op with a 24-hour doorman, updated lobby and elevators, central laundry on the lobby level, and a beautifully landscaped roof deck with sweeping city views.</p> <p>Centrally located between 37th and 38th Streets, the building offers easy access to Grand Central, Herald Square, Bryant Park, and an abundance of transportation options including the 4/5/6, 7, B/D/F/M, N/Q/R/W, and S trains. The 6 train is also accessible at 33rd Street.</p> <p>The building allows for flexible purchasing and ownership structures, including pied-&agrave;-terres, co-purchasing, gifting, etc. Unlimited subletting is permitted after two years of ownership. (Please inquire for the full pet policy.)</p> <p>This is a wonderful opportunity to own a well-proportioned home in a classic, full-service building in one of Manhattan's most convenient neighborhoods. Reach out to schedule a private showing today!</p> <p>Photos have been virtually staged.</p>

Home Features

  • •Washer Hookup
  • •Building Roof Deck
  • •Dining Area
  • •City

Estimated Monthly Payment

$5,568 per month

30 year fixed, 6.28% Interest

Principal and Interest
$3,335
Property Taxes
$0
Maintenance/Common Charges
$2,233

Estimated Rebate for this Home

One-time rebate at closing

$10,125

Monthly savings impact

$28/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 Serhant

Data Source: TRESTLE #RLS20037396

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Price Analysis

Compare average listing prices and value metrics for Murray Hill Plaza against the surrounding Midtown market.

Based on 2 active units in building vs 131 in area

Average List Price

Building$545.0K
Neighborhood$5.2M

Price Per SqFt

Building Avg$755/ft²
Neighborhood Avg$1,947/ft²
Value Opportunity

61.24% 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.

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Who This Neighborhood Is Best For

\n

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

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