Madison Tower

Madison Tower is a condo located 148 Madison Street, in Two Bridges, New York. The building was first built in 2002 and is 22 years old. The lot that the building was built on is 75 feet wide and 200 feet long. The official lot area is listed as 11,160 square feet. In total, 148 Madison Street has a total floor area of 74,881 square feet. Of that, 51,550 square feet are used for residential purposes. About 23,331 square feet of the building are used for commercial purposes. Additionally, the building has a 14,698 square feet garage. There are a total of 83 units. Of those, 80 are residential units. There are 3 commercial units. 148 Madison Street has a total of 11 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 135 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 234 days and tend to sell below the original asking price of $876,500 by 12.50%. Meaning, listings tend to sell at a median of $1,079 price per square foot. The transaction that took the longest to complete was unit 8H, listed on Jul 22, 2022 for $800,000. This particular unit ultimately sold 256 days later for $700,000. The most recent transaction was for unit 2F, sold for $0 on Jan 08, 2024. Fun fact, the oldest transaction we have on record took place on Aug 23, 1977. See the full transaction history for Madison Tower below.

Two Bridges, where 148 Madison Street is located, has a median asking price of $2,150,000 for condo buildings. Meanwhile, the building itself has a median asking price of $876,500. For interested buyers, that means the building's median asking price is around 0.59% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $649,000. It is a 560 sqft 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $599,000. It is a 520 sqft 2 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $624,000. Collectively, the median square footage of these active units for sale is 540 sqft. Active units for sale at 148 Madison Street are mostly 2-bedroom apartments Active units for sale at 148 Madison Street have a median count of 2 bedrooms and have a median count of 1 bathroom.