$12,500,000
SOLD OCT 21, 2022
3 Beds
3.5 Baths
3,310 Sq Ft
$7,131/mo HOA Fee

Recently Sold

$3,776 Per Sq Ft

22% Below List Price

191 Days on Market

About This Home

As of October 2022

Highest full-floor unit at the sought-after One Madison condominium. The 57th Floor spans over 3,300 square feet with spectacular 360-degree City views.



A windowed private elevator landing brings you directly into the residence. The corner living/entertaining space features northwest exposures, an open chef's kitchen and dining area with views of the iconic Empire State Building, Madison Square Park, Metropolitan Life Building as well as all of New York City.



The apartment has three spacious bedrooms, three full bathrooms, and an additional powder room. The northeast-facing primary suite comes equipped with an en-suite marble bathroom with stall shower, free-standing soaking tub and spacious walk-in closet.



One Madison is a full service condominium located in the heart of the Flatiron District, just steps from Madison Square Park. Amenities here include a full-time doorman and concierge, state-of-the-art fitness center, indoor pool, steam room, lounge, parlor room, screening room and private dining room. Also available for rent - WEB ID# 21993461

Last Agent to Sell the Property

Deborah Grubman

Corcoran Group License #30GR0710144 Listed on: 03/21/2022

Corcoran Group

Co-Listed By

David Adler

Corcoran Group License #10301216838

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $87,852

Year Built

  • Built in 2013

HOA Fees

  • $7,131 Monthly HOA Fees

Home Design

  • 3,310 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 63 Units
  • One Madison Condos
  • Flatiron Subdivision
  • 60-Story Property

Listing and Financial Details

  • Tax Block 00851

Property Details

Home Type

Condominium

Est. Annual Taxes

$87,852

Year Built

Built in 2013

Lot Details

0

HOA Fees

$7,131 per month

Listing Details

  • Cross Street: BROADWAY and PARK AVENUE SOUTH
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 57
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 3310.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7131.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: ONE MADISON
  • Units: 63
  • Total Stories: 60
  • Year Built: 2013

Tax Info

  • Tax Block: 00851
  • Tax Annual: 87852.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Oct 20, 2022
Sold by
Carmel Investments Llc
Bought by
Dakotaflatiron Llc
Seller's Agent
Deborah Grubman
Corcoran Group
List Price
$16,000,000
Sold Price
$12,500,000
Premium/Discount to List
-$3,500,000
-21.88%
Views
2
Current Estimated Value
$6,602,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,897,614
Avg. Annual Appreciation
-21.33%

Purchase Details

Closed on
Jun 18, 2014
Sold by
Madison R/A Sub Llc
Bought by
Carmel Investments Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $12,500,000 --
Deed $14,927,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,525,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $30,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2023 03/04/23 Rented $45,000 0.0% --
01/19/2023 01/19/23 Off Market $12,500,000 -- --
11/07/2022 11/07/22 For Rent $45,000 0.0% --
10/21/2022 10/21/22 Sold $12,500,000 -21.9% $3,776 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $16,000,000 -- $4,834 / 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
2024 $92,225 $737,679 $54,369 $683,310
2023 $88,734 $723,356 $54,369 $668,987
2022 $87,639 $718,067 $54,369 $663,698
2021 $83,344 $679,414 $54,369 $625,045
2020 $87,136 $752,195 $54,369 $697,826
2019 $62,765 $735,283 $54,369 $680,914
2018 $65,201 $709,592 $54,368 $655,224
2017 $48,346 $663,412 $54,369 $609,043
2016 $45,932 $632,505 $54,368 $578,137
2015 $14,249 $568,360 $54,369 $513,991
2014 $14,249 $550,603 $54,368 $496,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10803606

Real Estate Board of New York (REBNY)

APN: 0851-1970