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159 Madison Avenue #2K
Coop in Midtown South (118 units) •  building info
studio • 1ba
Sold 11/7/2024
Sold price

$365,000

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Key Details
Days on market
152
Last price change
$36,135,000 (99%) on 11/4/24
Estimated payment
$3,311
Monthly taxes
Included in maintenance fees
Monthly maintenance
$1,465
Description
Step into this exquisite loft-like gem, where ten-foot ceilings and hardwood floors create an atmosphere of spaciousness and warmth. The remarkably adaptable layout ensures that every inch of this home can be tailored to your unique lifestyle. Unit 2K offers a tranquil retreat, accessible via a single flight of stairs adjacent to the doorman entrance or the convenient elevator bank. The kitchen is a chef's dream, featuring full-sized stainless steel appliances and ample counter space, perfect for culinary adventures. The studio includes an alcove sleeping area, a dedicated dining space, and multiple closets, providing abundant storage for all your needs. Each floor boasts a laundry room, and with board approval, the Co-op allows in-unit washer/dryer installations for added convenience. 159 Madison is a distinguished building, seamlessly converted from industrial to residential use, offering 24-hour doorman service, a porter, and a resident superintendent. Additional amenities include storage rooms (subject to a small waitlist), bike storage, a package room, and a beautifully landscaped roof terrace. This co-op is flexible with living arrangements, permitting guarantors, co-purchasing, gifting, and pied--terres. After two years, subletting is allowed, following a cycle of three out of every five years. Pets are welcome with board approval, ensuring that every member of your household feels at home. Centrally located, this building offers easy access to Grand Central Terminal, Penn Station, and Union Square transportation hubs. A short stroll takes you to the serene Madison Square Park or the vibrant NYU complex. The 32nd Street NoMad neighborhood, the northernmost part of Downtown, is renowned for its trend-setting eateries in Koreatown and Eataly, along with the shopping destinations of Whole Foods and Trader Joe's. Experience the perfect blend of historic charm and modern convenience at 159 Madison. Contact us today for your private viewing.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Building Amenities
Laundry in Building
Bike Room
Package Room
Live In Super
Fios Available
Storage Available
Outdoor Space
Roof Deck
Coop Rules
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Building info

159 Madison Ave, New York, NY 10016

coop in Midtown South
118
Units
12
Stories
1912
Built
History
11/7/24
Status Change: In Contract to Sold
$365,000
11/4/24
Price decreased 99%
$365,000
$36,135,000
8/26/24
Status Change: For Sale to In Contract
$36,500,000
$36,151,000
7/23/24
Price decreased 5.7%
$349,000
$21,000
6/24/24
Price decreased 6.3%
$370,000
$25,000

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What it'll cost
Purchase price
$365,000
Asking Price: $365,000
Term
30 Years
Down Payment
$73,000 (20%)
Min: 20% (73,000)
Rate
6.5 %
Mortgage Amount
$292,000
Mortgage Payment
$1,846
Maintenance
$1,465
Estimated closing cost
$7,000
Total monthly cost $3,311
Listing Courtesy of Corcoran Group

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