161 Madison Avenue

161 Madison Avenue is a condo located in Midtown South, New York. The building was first built in 1900 and is 124 years old. The official lot area is listed as 5,755 square feet. In total, 161 Madison Avenue has a total floor area of 60,012 square feet. About 60,012 square feet of the building are used for commercial purposes. There are 40 commercial units. 161 Madison Avenue has a total of 12 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 3 elevators in 161 Madison Avenue.

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! Both dogs and cats are allowed in the building! There are 184 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 247 days Meaning, listings tend to sell at a median of $1,137 price per square foot. The transaction that took the longest to complete was unit 9NE, listed on Oct 04, 2022 for $1,450,000. This particular unit ultimately sold 339 days later for $1,100,000. The most recent transaction was for unit MULTIPLE, sold for $2,000,000 on Dec 21, 2023. Fun fact, the oldest transaction we have on record took place on Jul 29, 1986. See the full transaction history for 161 Madison Avenue below.

Midtown South, where 161 Madison Avenue is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,425,000. For interested buyers, that means the building's median asking price is around 0.29% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.