7
Map
Floor Plan
159 MADISON Avenue #6B
About This Property
Make this beautiful large move-in ready loft your New York City residence. 6B is a contemporary well-designed alcove studio that provides work-from-home option while also offering a restful place to relax and rewind. The loft features a generous well-appointed kitchen and private terrace. 6B is located at 159 Madison Avenue the favored limestone prewar Coop nestled in the heart of NoMad/Murray Hill with its outstanding location for ease of commute in and out of the city.
Unit Highlights:
- Private Terrace
- High Ceilings
- Oak Hardwood Floors
- Double-pane Soundproof Windows
- Walk-In-Closet
- In-Unit Storage Space
- Thru-wall AC
- Renovated Kitchen w/Stone Tile Flooring
- Breakfast Bar
- Full Suite Stainless Appliances & Microwave
- Abundant Over & Under Counter Custom Cabinetry
- Marble Countertops w/Italian Glass Tile Backsplash
- Renovated Bath w/White Tile Walls and Floor
- Contemporary Bath Vanity w/ Sliding Door Bathtub & Shower
159 Madison Avenue is a well-established converted industrial to residential building that provides residents with attentive professional full-service staff, 24-hour doorman, porter, and resident superintendent. Additional amenities include on-floor laundry, on-floor storage, along with bike storage, package room and access to year-round landscaped roof terrace. The coop permits in-unit washer/dryers with board approval. Parent gifting, co-purchase; and pieds-a-terre are also permitted. Sublet policy is three out of five years, then cycle repeats. Pets welcome with board approval.
The building's central location has one stop access to Grand Central Terminal, Penn Station and Union Square transportation hubs. A short stroll will find you at Madison Square Park or the NYU complex, the United Nations and most east and westside subway and bus lines. This 32nd Street NoMad neighborhood is the northern most part of downtown, an area known for the numerous trend-setting eateries of Koreatown and Eataly, and the shopping hot spots of Whole Foods, and Trader Joes. Call for appointment.
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 |
---|---|---|---|
Jun 3, 2024 | Sold | ||
Sold | |||
Mar 4, 2024 | In contract | - | |
In contract | |||
Oct 6, 2023 | Price Decreased |
$458,000
↓ $22K
(4.6%) | |
Price Decreased | |||
Sep 17, 2023 | Listed by Corcoran Group | $480,000 | |
Listed by Corcoran Group | |||
Oct 21, 2011 | Sold to Sharon Kavjian | ||
Sold to Sharon Kavjian |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/05/2024
|
Studio
|
1 Bath
|
-
|
$395,000
Studio
1 Bath
|
$365,000
-7.59%
11/07/2024
|
-
|
Patrick Rukaj
Corcoran Group
| |
05/19/2024
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$595,000
-4.80%
11/01/2024
|
-
|
Marsha Matus
The Corcoran Group
| |
04/11/2024
|
1 Bed
|
1 Bath
|
-
|
$630,000
1 Bed
1 Bath
|
$615,000
-2.38%
11/25/2024
|
-
|
Kristi Ambrosetti
Sothebys International Realty
| |
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
Keller Williams Points North
| |
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
|