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50 Madison Avenue, #2

Listing no longer available on CityRealty as of Dec 23, 2019
It previously was on the market for a total of 237 days.
237 days on Market

Pricing History

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Key Details

  • Listed: Apr 30, 2019
    Last Price Change: -4.1% ($204,999) on Sep 3
    Days on Market: 237
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
    Listing viewed 329 times
Monthly Common Charges: $3,480
Monthly Real Estate Taxes: $3,091
Total Taxes & Fees: $6,571 ($2.48/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $32,350 ($12.23/ft2)
Note: the above is based on a down payment of 20% ($959,000), which is the minimum amount permitted by the building.

Description

INVESTORS ONLY - TENANT IN PLACE. Nestled on the North East corner of Madison Square Park, 50 Madison Avenue #2 is a spectacular 3 bedroom, 3.5 bath loft in a boutique Condominium. From the moment you step off the private, key-locked elevator you are welcomed by 2,646 square feet of sprawling space overlooking the greenery of Madison Square Park. With soaring 14' ceilings, it's hard not to appreciate the tremendous scale this home offers.

Experiencing phenomenal light throughout the day, with its numerous massive windows and southeastern, corner exposure, this home allows the sunlight to flood in. The open, loft concept makes this home perfect for entertaining! Whether it's enjoying weekend visitors, a casual dinner or a big event, this home has all the space and comfort you need to accommodate. Featuring a large open, windowed kitchen with a Sub-Zero refrigerator, 6-burner Viking Stove, Wine refrigerator and Bosch dishwasher.

Along with granite counter-tops, stainless steel appliances, custom cabinets and large breakfast bar, the kitchen blends perfectly into the expansive entertainment space. Each of the 3 bedrooms has their own full en suite, private bathrooms with an additional powder room conveniently located off the living space. The expansive Master suite, features a large walk-in closet and size-able master bath with double sinks, soaking tub and separate walk-in shower.

Additional highlights of this home include beautiful hardwood floors, 2-zone central A/C, Home Automation System, electric shades and laundry room with custom-built shelving and newly replaced full-size washer & dryer. There is also a large, private storage unit in the basement that transfers with the sale. 50 Madison Avenue is a wonderful 9 unit, full service, boutique condominium with 24-hour doorman situated in the heart of the historic Flatiron District.

Located on the corner of Madison Square Park in the heart of a thriving neighborhood with many fine dining establishments, nightlife, parks, shopping, transportation and all the neighborhood conveniences you could ask for. This is an opportunity not to be missed!

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Apartment Amenities

  • Washer/Dryer in apt.

About 50 Madison Avenue

73

50 Madison Avenue has received a CityRealty Rating of 73, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
27
Out of 36
+
17
Out of 39
+
9
=
73
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2005
  • FT Doorman
  • Resident Storage
  • Central AC
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Terraces / Balconies

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