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

172 Madison, 172 Madison Avenue

Between East 33rd Street & East 34th Street

Key Details

  • Year Built 2016
    Building Type Condominium
    Neighborhood Murray Hill
  • Total Apartments 69
    Total Floors 34
    Doorman FT Doorman
$2,954
Avg. Price / ft2
$92
Avg. Price / ft2
$1,810
Avg. Price / ft2

Description

The 34-story, 72-unit condo tower at 172 Madison Avenue boasts a convenient Murray Hill location and a corner spot for great light and impressive views of the skyline and East River. Cool, airy interiors boast 21st century luxuries befitting a tall Manhattan tower, including high ceilings, walls of windows and kitchens fitted with Miele appliances, wine chillers, European fixtures, Japanese water conservation technology and custom stone finishes. On the building’s lower floors is a 3,000-square-foot “mansion” with 18-foot ceilings and a wrap-around terrace with a 50-foot-long swimming pool. High above are four penthouses topped by a SkyHouse triplex with 23-foot ceilings. Amenities include a full-time doorman and concierge, central air conditioning, a lounge, a fitness center, storage and a bike room. Nearby are Dover Street Market for hip shopping, Trader Joe’s and the Ace Hotel with its many restaurants; it’s a short walk to Madison Square Park in one direction and the Midtown business district in another.

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Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Hi Rise
  • Post War
  • Basement Storage
  • Central AC
  • Garden
  • Health Club
  • Pool
  • Elevator
  • Lounge
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Game Room
  • Pet Grooming / Pet Services
  • Spa / Therapy Room
  • Terraces / Balconies

Apartments for Sale at 172 Madison Avenue (5)

5
Available Apts
$2.3M - $76M
Price Range
$2,954
Avg. Price / ft2
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Apartments for Rent at 172 Madison Avenue (2)

2
Available Apts
$5,800
Prices Start At
$92
Avg. Price / ft2
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Rating

24
Out of 44

Architecture Rating: 24 / 44

+
24
Out of 36

Location Rating: 24 / 36

+
16
Out of 39

Features Rating: 16 / 39

+
9
=
73

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #15 Rated condo - Murray Hill
 
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Carter Horsley's Review

Carter Horsley's Building Review
"The site for a mixed-use tower at 172 Madison Avenue on the northwest corner at 33rd Street was acquired in 2007 by NMP Group, which planned an apartment and hotel tower with three major setbacks and broad light-colored piers.

It eventually defaulted on its loan and the CIM Group of Los Angeles purchased the $29 million mortgage and started foreclosure action." Read Carter's Full Review
Pros
  • One block east of the Empire State Building
  • Some balconies
  • Good bus service
  • Storage
  • Concierge
  • Close to Morgan library
  • Bicycle room
  • Pet wash room
  • Fitness center with pool
  • Mixed-use
  • Close to Subway
Cons
  • Considerable traffic
  • No sidewalk landscaping
  • Faces high-rise across 33rd Street
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More Neighborhood Info

Subways

  1. 6
at Park Ave 0.12 miles
  1. M
  2. B
  3. D
  4. F
  5. N
  6. Q
  7. R
at 6th Ave 0.27 miles
  1. 4
  2. 5
  3. 7
at Madison Ave and 42nd 0.44 miles
  1. 1
  2. 2
  3. 3
at 7th Ave 0.44 miles
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,810
Avg. Price / ft2
Based on 2 Sales
 

Closing History - Last 10 sales

10
Units Sold
$1.2M - $3.6M
Price Range
$1,927
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 332 Available for Sale
  • $1,454 Avg. Price / Ft2
  • $1,799,705 Avg. Price
  • $950,000 Median Price
  1. Most Expensive 172 Madison Apt LePenthouse | $76,000,000
    Price / ft2 $3,835
  2. Least Expensive The Murray Hill Crescent Apt 6C | $295,000
Not enough data available to generate chart.
  • 136 Available for Rent
  • $66 Avg. Price / Ft2
  • $5,377 Avg. Price
  • $4,416 Median Price
  1. Most Expensive 135 East 38th Street Apt TOWNHOUSE | $24,000
  2. Least Expensive 152 East 35th Street Apt 6D | $2,300
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 318 Total Sales
  • $1,131 Avg. Price / Ft2
  • $1,024,318 Avg. Price
  • $880,000 Median Price
  1. Most Expensive The Corinthian Apt PHD | $4,825,000
    Price / ft2 $3,517
  2. Least Expensive The Elysabeth Apt 9K | $295,000
    Price / ft2 $590

Alternate Addresses

  • 172A Madison Avenue
  • 172B Madison Avenue
  • 174 Madison Avenue
  • 176 Madison Avenue
  • 21 East 33rd Street
  • 23 East 33rd Street
  • One Seventy Two Madison

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