




127 Madison Ave APT 4, New York, NY, 10016
About This Home
M127 is a celebration of materiality and history -- a 1920 prewar boutique condo reimagined through progressive design, with seven full-floor simplexes and two duplex penthouses. The building's architecture bridges old-world character with modern precision, resulting in residences that feel both grounded and refined. Positioned on the fourth floor of this intimate nine-unit SHoP Architects-designed building, the apartment offers 1,577 square feet of thoughtfully designed living space accessible through a private keyed elevator. In addition to being one of NoMad's most architecturally distinctive buildings, M127 offers its residents scale, low carrying costs ($2.40 PSF), and privacy that a boutique full-floor layout affords. The open chef's kitchen is outfitted by Schiffini, the timeless Italian kitchen designer, and features a SubZero refrigerator, Bosch appliances, a built-in Miele espresso maker, and Carrara marble countertops. The bathrooms are appointed with Axor faucets and Bisazza tiles. The building, which boasts a newly renovated lobby, is located by Madison Square Park, the location places residents at the intersection of NoMad, Flatiron, and Gramercy, with seamless access to the city's finest dining, culture, and transit. Taxes can be reduced by 17.5% through the primary condo abatement.
Getting Around
Schools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 1,557
- Total interior livable area: 1,557 sqft
Property
Details
- Parcel number: 008601204
- Special condition: Resale
Features
- Has view: Yes
- View description: City
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Hurricane
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,113 | $121,356 |
| Home Insurance * | $2,348 | $28,176 |
| Property Taxes | $1,183 | $14,196 |
| Electricity | $257 | $3,087 |
| Total | $13,901 | $166,812 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $2,000,000 |
| 2023-02-23 | Sold | $1,550,000 |
| 2008-06-02 | Sold | $1,650,000 |
