159 MADISON Avenue #2E
About This Property
The open kitchen has a dishwasher, full-sized refrigerator, and ample counter space is perfect for preparing meals or hosting gatherings. The studio also boasts hardwood floors, dining area, and multiple closets, built-in shelves, which are perfect for your barware and any storage you may need.
The building amenities are impressive as well, with a 24-hour doorman, resident superintendent, porter, on-floor laundry, and a landscaped roof deck. The Coop allows for pied-a-terre, co-purchase, and parent gifting, providing flexibility for potential buyers. Pets are also welcome with board approval. The location of 159 Madison Avenue is highly convenient, with proximity to both Eastside and Westside transportation.
Madison Square Park, Union Square, Koreatown, and Midtown are just a short distance away! The building's close proximity to the 4 and 6 subway lines, as well as Grand Central and Penn Station, ensures easy access to any part of the city.
Easy to show! Contact me for a showing!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 18, 2024 | Sold to Daisy Chaya Huang | $395,000 | |
Sold to Daisy Chaya Huang | |||
Oct 3, 2023 | In contract | - | |
In contract | |||
Sep 5, 2023 | Listed by Corcoran Group | $410,000 | |
Listed by Corcoran Group |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/13/2024
|
1 Bed
|
1 Bath
|
-
|
$745,000
1 Bed
1 Bath
|
$762,000
+2.28%
09/17/2024
|
-
|
Jesse Rosenthal
Brown Harris Stevens Residential Sales LLC
|
|
02/28/2024
|
2 Bed
|
2 Bath
|
1250 ft²
|
$985,000
2 Bed
2 Bath
1250 ft²
|
$985,000
06/11/2024
|
-
|
Juliana Frei
Brown Harris Stevens Residential Sales LLC
|
|
11/28/2023
|
Studio
|
1 Bath
|
-
|
$462,900
Studio
1 Bath
|
$450,000
-2.79%
05/15/2024
|
-
|
Gloria Weber
The Corcoran Group
|
|
09/17/2023
|
Studio
|
1 Bath
|
600 ft²
|
$480,000
Studio
1 Bath
600 ft²
|
$443,000
-7.71%
06/03/2024
|
-
|
Gloria Weber
The Corcoran Group
|
|
09/05/2023
|
Studio
|
1 Bath
|
-
|
$410,000
Studio
1 Bath
|
$395,000
-3.66%
01/18/2024
|
-
|
Victoria Reichelt
The Corcoran Group
|
|
03/18/2023
|
Studio
|
1 Bath
|
612 ft²
|
$425,000
Studio
1 Bath
612 ft²
|
$400,000
-5.88%
10/13/2023
|
-
|
Brandon Trentham
Town Residential
|
|
02/14/2023
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$458,000
-3.58%
07/19/2023
|
-
|
Erin Wheelock
Keller Williams NYC
|
|
01/04/2023
|
1 Bed
|
2 Bath
|
1150 ft²
|
$1,150,000
1 Bed
2 Bath
1150 ft²
|
$975,000
-15.22%
05/24/2023
|
-
|
Joshua Lieberman
Prudential Douglas Elliman Real Estate
|
|
10/26/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$579,000
1 Bed
1 Bath
700 ft²
|
$562,500
-2.85%
02/01/2023
|
-
|
Gloria Weber
The Corcoran Group
|
|
09/29/2022
|
1 Bed
|
1 Bath
|
750 ft²
|
$570,000
1 Bed
1 Bath
750 ft²
|
$528,000
-7.37%
08/02/2023
|
-
|
Gloria Weber
The Corcoran Group
|
|
09/20/2022
|
2 Bed
|
2 Bath
|
1450 ft²
|
$1,495,000
2 Bed
2 Bath
1450 ft²
|
$1,460,000
-2.34%
12/01/2022
|
-
|
Scott Sternberg
Corcoran Group
|
|
09/12/2022
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$493,000
-1.20%
05/19/2023
|
-
|
Matthew Gulker
Prudential Douglas Elliman Real Estate
|
|
05/05/2022
|
Studio
|
1 Bath
|
500 ft²
|
$462,000
Studio
1 Bath
500 ft²
|
$420,000
-9.09%
03/02/2023
|
-
|
Gloria Weber
The Corcoran Group
|
|
03/10/2022
|
Studio
|
1 Bath
|
-
|
$680,000
Studio
1 Bath
|
$680,000
07/19/2022
|
-
|
STEVEN COHEN
Prudential Douglas Elliman Real Estate
|
|
02/07/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$543,000
1 Bed
1 Bath
700 ft²
|
$545,000
+0.37%
05/11/2022
|
-
|
Gloria Weber
The Corcoran Group
|
|
07/23/2021
|
Studio
|
1 Bath
|
600 ft²
|
-
Studio
1 Bath
600 ft²
|
$470,000
12/24/2021
|
-
|
STEVEN LOPEZ
Corcoran Group
|
|
06/21/2021
|
Studio
|
1 Bath
|
500 ft²
|
$435,000
Studio
1 Bath
500 ft²
|
$380,000
-12.64%
12/07/2021
|
-
|
Gloria Weber
The Corcoran Group
|
|
11/13/2020
|
Studio
|
1 Bath
|
-
|
$479,000
Studio
1 Bath
|
$469,000
-2.09%
07/28/2021
|
-
|
Evan Roth
CORE Group Marketing, LLC
|
|
10/14/2020
|
4 Bed
|
3 Bath
|
2400 ft²
|
$2,479,000
4 Bed
3 Bath
2400 ft²
|
$2,300,000
-7.22%
05/20/2021
|
-
|
Gloria Weber
The Corcoran Group
|
|
07/24/2020
|
1 Bed
|
1 Bath
|
800 ft²
|
$584,000
1 Bed
1 Bath
800 ft²
|
$550,000
-5.82%
06/29/2021
|
-
|
Gloria Weber
The Corcoran Group
|
|
03/03/2020
|
Studio
|
1 Bath
|
-
|
$419,000
Studio
1 Bath
|
$395,000
-5.73%
06/16/2021
|
-
|
Adam Sadel
Compass
|
|
01/28/2020
|
1 Bed
|
1 Bath
|
650 ft²
|
$475,500
1 Bed
1 Bath
650 ft²
|
$462,500
-2.73%
12/10/2020
|
-
|
Gloria Weber
The Corcoran Group
|
|
01/27/2020
|
1 Bed
|
1 Bath
|
-
|
$570,000
1 Bed
1 Bath
|
$542,500
-4.82%
01/21/2021
|
-
|
Gloria Weber
The Corcoran Group
|
|
07/23/2019
|
Studio
|
1 Bath
|
608 ft²
|
$435,000
Studio
1 Bath
608 ft²
|
$350,000
-19.54%
02/19/2020
|
-
|
Gloria Weber
The Corcoran Group
|
|
10/26/2018
|
1 Bed
|
1 Bath
|
-
|
$649,500
1 Bed
1 Bath
|
$625,000
-3.77%
07/02/2019
|
-
|
Margaret Chong
Serhant LLC
|
|
09/12/2018
|
1 Bed
|
2 Bath
|
1097 ft²
|
$999,000
1 Bed
2 Bath
1097 ft²
|
$820,000
-17.92%
01/30/2019
|
-
|
Rory Clark
Halstead Property, LLC
|
|
07/24/2018
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$470,000
-10.48%
06/06/2019
|
-
|
Tova Vishnevsky
Brown Harris Stevens
|
|
05/30/2018
|
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
|
04/11/2018
|
2 Bed
|
1 Bath
|
-
|
$595,000
2 Bed
1 Bath
|
$595,000
09/20/2018
|
-
|
Duncan Mulready
Corcoran Group
|
|
04/06/2018
|
Studio
|
1 Bath
|
500 ft²
|
$458,000
Studio
1 Bath
500 ft²
|
$458,000
11/01/2018
|
-
|
Gloria Weber
The Corcoran Group
|
|
04/04/2018
|
2 Bed
|
2 Bath
|
1218 ft²
|
$1,440,000
2 Bed
2 Bath
1218 ft²
|
$1,240,000
-13.89%
09/21/2018
|
-
|
Rory Clark
Halstead Property, LLC
|
|
04/04/2018
|
Studio
|
1 Bath
|
612 ft²
|
$459,000
Studio
1 Bath
612 ft²
|
$400,000
-12.85%
11/13/2018
|
-
|
Rory Clark
Halstead Property, LLC
|
|
03/15/2018
|
1 Bed
|
1 Bath
|
-
|
$588,000
1 Bed
1 Bath
|
$575,000
-2.21%
09/18/2018
|
-
|
STEVEN LOPEZ
Corcoran Group
|
|
01/31/2018
|
1 Bed
|
1 Bath
|
-
|
$635,000
1 Bed
1 Bath
|
$635,000
06/20/2018
|
-
|
Jon Millhollon
Compass
|
|
01/03/2018
|
1 Bed
|
1 Bath
|
-
|
$629,000
1 Bed
1 Bath
|
$599,000
-4.77%
09/13/2018
|
-
|
Doren Van
Brown Harris Stevens Residential Sales LLC
|
|
11/09/2017
|
Studio
|
1 Bath
|
500 ft²
|
$425,000
Studio
1 Bath
500 ft²
|
$425,000
07/10/2018
|
-
|
STEVEN LOPEZ
Corcoran Group
|
|
11/08/2017
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$599,000
05/01/2018
|
-
|
STEVEN LOPEZ
Corcoran Group
|
|
10/18/2017
|
Studio
|
1 Bath
|
-
|
$435,000
Studio
1 Bath
|
$435,000
07/02/2018
|
-
|
Ceylan Brigham
Compass
|
|
09/26/2017
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,295,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Jon S. Millhollon
Corcoran Group
|
|
09/13/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$595,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Nicole Gary
Compass
|
|
06/20/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$549,900
1 Bed
1 Bath
750 ft²
|
$542,450
-1.35%
05/15/2018
|
-
|
David Reis
EXP Realty NYC
|
|
06/20/2017
|
2 Bed
|
2 Bath
|
1250 ft²
|
$999,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
|
Raymond Reis
EXP Realty NYC
|
|
04/16/2017
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
-
-
|
-
|
Matthew Gulker
Prudential Douglas Elliman Real Estate
|
|
04/05/2017
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$425,000
02/05/2021
|
-
|
Dylan Hildreth-Hoffman
Elliman
|
|
03/22/2017
|
1 Bed
|
1 Bath
|
-
|
$629,000
1 Bed
1 Bath
|
$660,000
+4.93%
06/19/2017
|
-
|
Doren Van
Brown Harris Stevens Residential Sales LLC
|
|
03/16/2017
|
2 Bed
|
2 Bath
|
-
|
$1,475,000
2 Bed
2 Bath
|
$1,475,000
07/05/2017
|
-
|
Rory Clark
Halstead Property, LLC
|
|
09/12/2016
|
1 Bed
|
1 Bath
|
750 ft²
|
$599,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Fred Slavin
Level Group, Inc.
|
|
07/12/2016
|
1 Bed
|
1 Bath
|
800 ft²
|
$659,000
1 Bed
1 Bath
800 ft²
|
$620,000
-5.92%
03/09/2017
|
-
|
Jon Millhollon
Compass
|
|
06/23/2016
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$475,000
02/05/2021
|
-
|
Carole Caine
Brown Harris Stevens Residential Sales LLC
|
|
08/18/2015
|
Studio
|
1 Bath
|
525 ft²
|
$425,000
Studio
1 Bath
525 ft²
|
-
-
|
-
|
Matthew Gulker
Prudential Douglas Elliman Real Estate
|
|
01/13/2016
|
Studio
|
1 Bath
|
500 ft²
|
$440,000
Studio
1 Bath
500 ft²
|
$440,000
02/05/2021
|
-
|
Gina Peluso
Charles Rutenberg, LLC
|
|
01/11/2016
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
-
-
|
-
|
Matthew Gulker
Prudential Douglas Elliman Real Estate
|
|
01/07/2016
|
2 Bed
|
2 Bath
|
-
|
$1,600,000
2 Bed
2 Bath
|
$1,495,000
-6.56%
06/15/2017
|
-
|
Rory Clark
Halstead Property, LLC
|
|
09/28/2015
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$550,000
-15.38%
01/17/2017
|
-
|
Mark Landrey
Douglas Elliman Real Estate
|
|
07/27/2015
|
2 Bed
|
2 Bath
|
1180 ft²
|
$1,175,000
2 Bed
2 Bath
1180 ft²
|
$1,050,000
-10.64%
03/16/2016
|
-
|
Arina Yakobi
Douglas Elliman Real Estate
|
|
06/18/2015
|
2 Bed
|
2 Bath
|
1180 ft²
|
$1,175,000
2 Bed
2 Bath
1180 ft²
|
$1,100,000
-6.38%
09/25/2015
|
-
|
Jon Millhollon
Compass
|
|
05/28/2015
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$525,000
02/05/2021
|
-
|
Christopher Fusco
Compass
|
|
10/18/2014
|
Studio
|
1 Bath
|
-
|
$459,000
Studio
1 Bath
|
-
-
|
-
|
Gina Peluso
Charles Rutenberg, LLC
|
|
09/05/2014
|
1 Bed
|
1 Bath
|
725 ft²
|
$599,000
1 Bed
1 Bath
725 ft²
|
$591,000
-1.34%
02/11/2015
|
-
|
David Kong
The Corcoran Group
|
|
09/03/2014
|
Studio
|
1 Bath
|
-
|
$548,000
Studio
1 Bath
|
$390,000
-28.83%
07/23/2015
|
-
|
Mark Landrey
Douglas Elliman Real Estate
|
|
06/18/2014
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$500,000
-4.76%
06/18/2014
|
-
|
Gloria Weber
The Corcoran Group
|
|
05/13/2014
|
1 Bed
|
1 Bath
|
700 ft²
|
$599,000
1 Bed
1 Bath
700 ft²
|
$582,000
-2.84%
07/31/2014
|
-
|
The Balzano Team
Elliman
|
|
04/23/2014
|
2 Bed
|
2 Bath
|
-
|
$1,250,000
2 Bed
2 Bath
|
$1,175,000
-6.00%
02/05/2021
|
-
|
Mara Flash Blum
Sotheby's International Realty, Inc.
|
|
02/25/2014
|
Studio
|
1 Bath
|
500 ft²
|
$439,000
Studio
1 Bath
500 ft²
|
$405,000
-7.74%
07/08/2014
|
-
|
Jon Varnedoe
Elliman
|
|
09/21/2013
|
Studio
|
1 Bath
|
540 ft²
|
$489,000
Studio
1 Bath
540 ft²
|
-
-
|
-
|
Julie Weintraub
Akam Sales & Brokerage Inc
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$695,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Ilan Bracha
IB GLOBAL LLC
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,100,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Brian James
Elliman
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,225,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Brian James
Elliman
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
-
-
|
-
|
Brian James
Elliman
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
-
|
$1,050,000
2 Bed
2 Bath
|
-
-
|
-
|
Brian James
Elliman
|
|
09/20/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$659,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Brian James
Elliman
|
|
09/17/2013
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
-
-
|
-
|
Angela N
Brown Harris Stevens Residential Sales LLC
|
|
09/09/2013
|
2 Bed
|
2 Bath
|
-
|
$995,000
2 Bed
2 Bath
|
-
-
|
-
|
VERGARA FURTADO
Prudential Douglas Elliman Real Estate
|
|
08/27/2013
|
5 Bed
|
5 Bath
|
2490 ft²
|
$2,200,000
5 Bed
5 Bath
2490 ft²
|
-
-
|
-
|
Brian James
Elliman
|
|
08/20/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$935,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Olga Zoria
Halstead Property, LLC
|
|
07/31/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,299,000
2 Bed
2 Bath
1200 ft²
|
$1,250,000
-3.77%
11/06/2013
|
-
|
Kirsten Jordan
Elliman
|
|
07/10/2013
|
1 Bed
|
1 Bath
|
800 ft²
|
$625,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
|
Kirsten Johanna Jordan
Prudential Douglas Elliman Real Estate
|
|
10/01/2012
|
1 Bed
|
1 Bath
|
750 ft²
|
$550,000
1 Bed
1 Bath
750 ft²
|
$550,000
02/05/2021
|
-
|
Brian James
Elliman
|
|
09/21/2012
|
1 Bed
|
1 Bath
|
750 ft²
|
$649,000
1 Bed
1 Bath
750 ft²
|
$595,000
-8.32%
02/05/2021
|
-
|
Brian James
Elliman
|
|
09/20/2012
|
Studio
|
1 Bath
|
-
|
$599,000
Studio
1 Bath
|
$499,000
-16.69%
02/05/2021
|
-
|
Brian James
Elliman
|
|
06/14/2012
|
Studio
|
1 Bath
|
500 ft²
|
$435,000
Studio
1 Bath
500 ft²
|
$430,000
-1.15%
10/12/2012
|
-
|
Gloria Weber
The Corcoran Group
|
|
03/06/2012
|
1 Bed
|
1 Bath
|
600 ft²
|
$419,000
1 Bed
1 Bath
600 ft²
|
$420,000
+0.24%
08/08/2012
|
-
|
Gloria Weber
The Corcoran Group
|
|
11/01/2011
|
Studio
|
1 Bath
|
500 ft²
|
$389,000
Studio
1 Bath
500 ft²
|
$395,000
+1.54%
02/05/2014
|
-
|
Kirsten Jordan
Elliman
|