1 month on rocket

Sale Pending

220 Madison Ave Unit 7K, New York City, NY, 10016

$525,000

Home List Price

$6,234*

Closing Credit

1 Bedroom
1 Full Bath
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

220 Madison Ave Unit 7K, New York$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeStock Cooperative
Year Built1940
MLS #PRCH-7942651
StatusSale Pending

About 220 Madison Ave Unit 7K

Step into your new home, where luxury meets convenience! This junior one-bedroom gem welcomes you with open arms. This 7th-floor north facing prewar studio offers a blend of sophistication and modern comfort. The spacious dining area is perfect for hosting gatherings, setting up an efficient home office, or whatever your heart desires. Three large closets await to cradle your fashion treasures, ensuring your living space remains clutter-free. GE and KitchenAid appliances in the kitchen. The building includes a 24-hour doorman, a lobby that’s been lovingly restored to its former glory, and a rooftop deck that feels like your private oasis with dramatic views of New York. The building includes a laundry room, bike room, garage, and private storage (a wait list may apply). Close to the iconic Morgan Library, a stone’s throw from the convenience of Grand Central Station where one can travel to all points of the city and now even to Long Island, and a short distance to the greenery of Bryant Park. Whole Foods and Trader Joe’s are practically your neighbors! The Board will not permit any Shareholder to sublet their apartment until they have first occupied the apartment for at least two consecutive years. After two years of consecutive owner occupancy, the Shareholder will be permitted to sublet their apartment in accordance with the subletting policy of the Cooperative. The maximum amount of time a Shareholder may sublet their apartment is two years. A monthly assessment of $272.90 began on 09/01/2023 and ends on 12/31/2025. Transfer Fee is 1.5% Paid by buyer.

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1940

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Kevin Brown
  • Agent Phone: (212) 606-7748

Interior Features

Interior Information:

  • Interior: Elevator, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

HOA Fees:

  • Amount: $1419
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

220 Madison Ave Unit 7K vs New York

49 DAYS ON ROCKET

-47 Days

$525,000

-$320.4K Less

KEY TAKEAWAY

This property is $320.4K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7942651

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Kevin Brown
  • Agent Phone: (212) 606-7748

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 5:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,107

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1443847
7
/10
  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-1443848
10
/10
  • River School (The)

  • 425 E 35th St

  • 0.61 miles

  • Public District Grades PK-KG

school-card-donut-1443849
7
/10
  • PS 212 Midtown West

  • 328 W 48th St

  • 0.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,539. Residents of New York, NY typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 220 Madison Ave Unit 7K

What is the listing price of this property?

The listing price of 220 Madison Ave Unit 7K property is $525,000.

What type of property is this?

The property 220 Madison Ave Unit 7K is a condo located in New York City, New York, 10016.

Is this property for sale now?

Sale Pending: 220 Madison Ave Unit 7K is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 220 Madison Ave Unit 7K has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 220 Madison Ave Unit 7K is 1940.

Rocket HomesNew YorkNew York10016220 Madison Ave Unit 7K

This home is located at 220 Madison Ave Unit 7K in New York City, NY and zip code 10016 in the Murray Hill neighborhood. This home was built in 1940. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $525,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources