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A blog from CityRealty (Links below will take you to the 6sqft site)

159 Madison Avenue, #11H

$400,000 -2.4% | Studio, 1 bath
64 days on Market

Key Details

  • Listed: Jun 14, 2022
    Last Price Change: -2.4% ($10,000) on Jul 19
    Days on Market: 64
    Building Type: Cooperative
    Neighborhood: Murray Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 137 times
Monthly Maintenance: $1,571
Total Taxes & Fees: $1,571
Est. Monthly Mortgage: $1,791
Total Est. Monthly Carrying Cost: $3,362
Note: the above is based on a down payment of 20% ($80,000), which is the minimum amount permitted by the building.

Open house:

  • Wed Aug 17 at 12:00 pm - 2:00 pm. By appointment only.
  • Thu Aug 18 at 2:00 pm - 4:00 pm. By appointment only.

Description

This west-facing loft-like home offers all the best and key ingredients of a Manhattan home: 10 ft ceilings, hardwood floors throughout, truly rare and atypically abundant closet space, large windows offering great light, and laundry directly across the hallway. One of only three studios in the H line at 159 Madison Avenue, the apartment offers a unique opportunity to live on a high floor in a space outfitted with a 3/4 wall, creating the ideal separation of bed and living areas, an especially perfect setup for living and working from home.

A mid-rise full-service building located in the heart of NoMad, 159 Madison Avenue is a luxury living experience, offering unique layouts in a building that once served as the international headquarters for General Electric.

It serves as home to an incredible, longtime staff and a warm community, featuring a beautifully landscaped roof deck, live-in resident manager, and private storage (for rent). Because of its ideal location, the best of Manhattan is within a stone’s throw in every direction, with Madison Square Park, Grand Central, Penn Station, Hudson Yards, Gramercy Park, Flatiron, and Chelsea all mere blocks away.

The immediate neighborhood is also home to an incredible number of diverse offerings: acclaimed restaurants including Scarpetta, Eleven Madison Park, The Morgan Library, lovely and serene Madison Square Park, Trader Joe’s, Fairway Market, Dover Street market, Ritz Carlton NoMad, The James, Edition, and NoMad Hotels, Equinox, New York Sports Club, Buttercup Bake Shop, and much more in this vibrant location. The neighborhood continues to flourish, with a new Whole Foods opening soon just a few blocks down.

Excellent nearby public transportation options available include the 6, B, D, F, M, N, Q, R, W and PATH trains.

In addition to laundry conveniently located on each floor, washer/dryers are allowed in apartments, subject to board approval. Pieds--terre, parents purchasing for children, co-purchasers, guarantors (NY State resident) and gifts allowed, each subject to board approval. Pets (under 40 lbs) and subletting allowed (after 2 years of residency), each subject to board approval.

All measurements and square footages are approximate and all information should be confirmed by customer.

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Listing Agent (Seller's Representative)

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Pricing History

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About 159 Madison Avenue

46

159 Madison Avenue has received a CityRealty Rating of 46, 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

17
Out of 44
+
19
Out of 36
+
10
Out of 39
=
46
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Mixed 1 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:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 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:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 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:
More than 6 Short Blocks 0 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:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 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:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1911
  • 118 Apartments
  • 12 Floors

Building Amenities

  • FT Doorman
  • PT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Very handsome- Italian Renaissance-style
  • Close to Murray Hill district
  • Not far from Herald Square- Penn Station and Madison Square Garden
  • Doorman
  • Not far from the trendy restaurants of the Flatiron District
  • Close to the Morgan Library
  • Excellent public transportation
  • Pre-war construction
  • Close to Subway
Cons
  • No garage
  • Immediate neighborhood lacks some charm
  • Considerable traffic on Madison Avenue
  • No health club
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Subways

  1. 6
at Park Ave 0.08 miles
  1. N
  2. R
at Broadway 0.28 miles
  1. M
  2. B
  3. D
  4. F
  5. Q
at 6th Ave 0.31 miles
  1. 1
  2. 2
  3. 3
at 7th Ave 0.48 miles
  1. 4
  2. 5
  3. 7
at Madison Ave and 42nd 0.49 miles

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Listing provided courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC