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Madison Square, 117 East 24th Street, #10

$5,295,000 ($1,493 per ft2) | 3 beds, 2.5 baths | Approx. 3,547 ft2
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40 days on Market

Key Details

  • Listed: May 7, 2024
    Days on Market: 40
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
Monthly Common Charges: $2,775
Monthly Real Estate Taxes: $5,000
Total Taxes & Fees: $7,775 ($2.19/ft2)
Est. Monthly Mortgage: $28,353
Total Est. Monthly Carrying Cost: $36,128 ($10.19/ft2)
Note: the above is based on a down payment of 20% ($1,059,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Loft Space: This expansive loft encompasses the entire floor of the Madison Square Condominium, featuring 11’ ceilings, oversized windows, and pristine poured polyurethane floors. The recent renovation was executed with museum-quality precision, adding a serene minimalist glow to the space.
  • Gourmet Kitchen and Modern Amenities: The chefs’ kitchen features Kentucky Bluestone, marble counters, built-in butcher blocks, and high-end appliances including a Professional Series Thermador vented range with built-in charcoal grill and a separate Thermador oven. The apartment also offers central air-conditioning, in-unit washer/dryer, and a large brand new infrared sauna.
  • Updated Bathrooms and Extensive Storage: All bathrooms have been recently updated with high-quality finishes. The apartment also boasts extensive storage with custom cabinetry from floor to ceiling in the kitchen.
  • Historic Building with Modern Conveniences: Located in a historic 12-floor loft building on a quiet residential street, this pre-war condominium was converted in 1986, offering a blend of historic charm and modern features. Building amenities include intercom, elevator, and a large exclusive use common area within the loft.
  • Prime Location: Centrally located in the midst of downtown’s finest neighborhoods - Flatiron, Gramercy, and NoMad, the apartment is just one block from Madison Square Park and close to some of the finest shopping and restaurants in Manhattan.
  • Unique Features: The apartment offers a city view, UV protected windows providing protected views and skies, and a spacious layout with a 30’ entrance gallery and a sweeping entertaining space.

Description

Residence 10 is an expansive loft that encompasses the entire floor of the boutique Madison Square Condominium. Its recent renovation, executed with museum-quality precision, harmonizes the gracious and sprawling layout with sunny open views, elevating the space to an extraordinary level. The pristine poured polyurethane floors add a serene minimalist glow.

The 11’ ceilings and oversized windows provide a grand sense of space and light throughout. The 30’ entrance gallery leads into a sweeping entertaining space spanning 43’ along the southern side of the loft and 38’ along the west. A wall of oversized UV protected windows to the south provide protected views and skies, while the west-facing windows provide iconic MetLife clock tower views and warm afternoon glow.

The chefs’ kitchen features Kentucky Bluestone, marble counters and built-in butcher blocks. There is custom cabinetry from floor to ceiling providing extensive storage and the appliances include SubZero and Miele. In addition, there is a Professional Series Thermador vented range with built-in charcoal grill and a separate Thermador oven.

All bathrooms have been recently updated with finishes of the highest quality including Corian countertops and Venetian plaster walls. The fixtures include Toto, Geberit and Duravit. The oversized powder room/spa bathroom features a large brand new infrared sauna and plumbing exists to turn this into a full bathroom.

There is central air-conditioning throughout and washer/dryer within this home.

Built in 1920, Madison Square Condominium is a historic 12-floor loft building situated on a quiet residential street. It is centrally located in the midst of downtown’s finest neighborhoods - Flatiron, Gramercy and NoMad, and one block from Madison Square Park. The neighborhood is rich with historical architecture including the renowned New York Life Insurance building and the Metropolitan Life Insurance tower to the west.

24th Street was the "equine epicenter" of the city and home to the largest horse dealer in the world around the turn of the century. Now, you will find some of the finest shopping and restaurants in Manhattan, including Eleven Madison Park, Hawksmoor, Cote in the neighborhood.

Please note: While the square footage is listed as 3,547 SF, the measured gross physical square footage is 4,024 SF. The offering plan was amended to reduce the square footage to allow for approximately 500 SF of exclusive use common area within the loft for access to elevators, interior building staircase and mechanical room on each floor.

This exclusive use common area remains part of the usable physical space. Also note: the window in the west facing bedroom is a lot-line window, however, the adjacent building which was built in 2020 is fully built to the max allowable per NYC zoning.

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Apartment Amenities

  • City View
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About Madison Square, 117 East 24th Street

Building Amenities

  • Conversion Year: 1986
  • Pre War
  • Intercom
  • Elevator

All content above are visible to screen reader users, so you may ignore the show more button below.

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Subways

  1. 6
at Park Ave 0.11 miles
  1. N
  2. R
at Broadway 0.24 miles
  1. M
  2. F
at 6th Ave 0.44 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.45 miles

Pricing comparison

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