NOT LISTED FOR SALE

Estimated Value: $3,339,000 - $3,626,000

2 Beds
2 Baths
1,371 Sq Ft
$1,914/mo HOA Fee

Last Sold March 15, 2022

Last sale price $2,893,000 $2,110 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $23,564/month

71 Days on Market

Highlights

  • New Construction
  • P.S. 116 Mary Lindley Murray Rated A-
  • 4-minute walk to 28 Street (N,R Line)

About This Home

As of March 2022

In the heart of stylish NoMad, Madison House offers unsurpassed panoramic views of New York City, where every residence has a corner window and 11-foot ceilings or higher. With architecture by Handel and interiors by Gachot, these homes start 150 feet in the air and soar to over 800 feet. Extraordinary views are forever in style.

This 1,371 square foot two-bedroom, two-bath residence opens into an elegant entry foyer, leading to a living and dining room encased with 10-foot tall windows with North and East views. Gachot-designed custom rift-cut cabinetry accentuates the open kitchen, with a honed Calacatta Borghini marble waterfall island and backsplash. Gaggenau appliances including a cooktop, combi-steam oven, convection double oven, refrigerator, and wine refrigerator outfit the kitchen. White oak 5-inch plank floors and 9-foot solid walnut doors are featured throughout the residence.

A private vestibule with a gracious walk-in-closet separates the living area from the master bedroom suite, creating a sense of privacy. The en suite master bath offers honed Bianco Dolomiti marble on the walls as well as floors, which are heated, with a custom Gachot-designed vanity and mirror. Platinum matte Dornbracht fixtures accentuate the vanity, Kaldewei tubs and Durivit toilet.

Madison House offers a double-height attended lobby and 30,000 square feet of amenities. These include a spa with 75-foot lap pool, cold plunge, hot tub, steam room, sauna, and treatment room. A 2nd floor 2,800 square foot roof garden. 5th floor double height Gachot-designed private lounge and bar, 14-seat private dining room with a demonstration and catering kitchen, conference room, card room and reading room. State-of-the-art exercise room, separate yoga room, and 6th floor sports lounge with a golf simulator, billiards table and childrens playroom. One-to four bedroom residences in the heart of the stylish NoMad design district.

Please contact the sales gallery for more information or to schedule a private appointment.

The complete terms are in an offering plan available from the Sponsor (CD 18-0326). Equal Housing Opportunity.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,600

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $1,914 Monthly HOA Fees

Home Design

  • 1,371 Sq Ft Home
  • Entry on the 22nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 199 Units
  • Madison House Condos
  • Murray Hill Kips Bay Subdivision
  • 62-Story Property

Listing and Financial Details

  • Tax Block 00860

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,600

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1,914 per month

Listing Details

  • Cross Street: 5 AVENUE and MADISON AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Murray Hill Kips Bay
  • Entry Level: 22
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1371.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1914.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: Madison House
  • Units: 199
  • Total Stories: 62
  • Year Built: 2021

Tax Info

  • Tax Block: 00860
  • Tax Annual: 27600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Mar 15, 2022
Sold by
15 East 30 Sponsor Llc
Bought by
Huang Nora Lee and Huang Warren
List Price
$2,950,000
Sold Price
$2,893,000
Premium/Discount to List
-$57,000
-1.93%
Current Estimated Value
$3,468,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,072
Avg. Annual Appreciation
4.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huang Nora Lee $2,893,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Off Market $2,893,000 -- --
03/15/2022 03/15/22 Sold $2,893,000 -1.9% $2,110 / Sq Ft
05/25/2021 05/25/21 For Sale $2,950,000 -- $2,152 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,104 $290,867 $46,454 $244,413
2024 $41,104 $328,782 $46,454 $285,025
2023 $33,393 $272,219 $46,454 $225,765
2022 $32,680 $267,100 $46,454 $220,646
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10760525

Real Estate Board of New York (REBNY)

APN: 0860-1435