Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
244 MADISON Avenue #PENTHOUSE B
Closed For Sale Co-op

$725,000

244 MADISON Avenue #PENTHOUSE B

Midtown, Manhattan

MLS® #RLS10617575

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

1

Bedroom

1

Bath

N/A

Sq. Ft.

1916

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 9,381 sq ft
Year Built 1916
Ownership Co-op
Maintenance $1,839/mo
Neighborhood Midtown
Floor 16 of 17

Property Highlights

  • Views: City
  • Exposure: South facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 16 of 17
View City
Exposure South
Pets Yes
Year Built 1916
Architectural Style Prewar
Lot Size 9,381 sq ft

Listing History

Event Date Price Change
Listed Jan 7, 2020 $750,000 -
Currently Jun 2, 2026 $725,000 -3.3%

Description

Loft Living at its Finest! Penthouse B is an estimated 880 square feet, south facing, 1 Bedroom, 1 Bath, open and airy, co-op loft with direct Empire State Building views. The open layout, boasting ceiling heights of 11 9, a massive Chefs Kitchen, and separate Dining Room is ideal for entertaining. The large open Kitchen has double ovens, 2 sinks, and Granite counter tops. The separate Dining Area has a fantastic, south facing wall of windows with dazzling views of the Empire State Building. Along with the south facing Master Bedroom there is a spacious Sleeping Loft equipped with a large storage area. In addition, the Dressing Hall has 3 well-appointed closets, the storage space is abundant. Additional features of this exceptional residence include, CitiQuiet windows, hardwood flooring, exposed brick and built in A/C. Built in 1916 and designed by Arthur Loomis Harmon, the same architect who designed the Empire State Building, this full service Co-op offers 24-hour Doorman, live-in Super, Laundry Room and a sensational Roof Deck. The building allows guarantors, co-purchasers, gifting and pied-a-terre (case-by-case), cats but unfortunately no dogs and has a liberal sublet policy. *Maintenance does not reflect the STAR ABATEMENT (if eligible)

Features & Amenities

Interior Features

Separate Formal Dining Room Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Building Data View Compliance & Permits
Total Units 180
Stories 17
Style Prewar

Financial Details

Maintenance $1,839/mo
Original Price $750,000
Sale Price $725,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

226

Median Asking Price

$1.91M

Median $/Sqft

$1,699

Avg Days on Market

N/A

New This Week

9

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/2/26, 6:07 AM EST

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Location

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244 MADISON Avenue #PENTHOUSE B, Midtown, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1916
Year Built
110 years old
16
Floors
180
Residential Units
C5-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $19,978,200
Land Value: $2,119,500
Exemptions: $163,185

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 9,381 SF
Building Area: 142,836 SF
Built FAR: 15.23
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,839 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1916, making it approximately 110 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10617575
First Listed: 1/7/2020
Closed: 5/28/2020
Contract Date: 1/7/2020

Listing Courtesy of Sotheby's International Realty, Inc. - Benjamin Pofcher

Listing Contact: (212) 606-7662

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 10:07 AM UTC

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