Madison House represents something you don't see often in this neighborhood: a genuinely well-executed new construction building that doesn't feel like it's trying too hard. At roughly $1,580 per square foot, you're paying a modest premium over pre-war conversions, but you're getting modern systems, proper soundproofing, and amenities that actually work — the pool doesn't close for maintenance every other month like some buildings I could name.
The public records here are pristine: zero HPD violations, zero DOB violations, zero active permits as of April 2026 — for a building that's less than a decade old, that suggests the original construction was done right and the management company knows what they're doing.
The real advantage here is location without the chaos. You're two blocks from Madison Square Park, three minutes from the 6 train, but on a quiet residential block that feels more like the Upper East Side than the typical NoMad construction zone. The 421-a tax abatement runs through 2037, which means your carrying costs stay predictable for the next decade-plus.
One thing to know: this is still a relatively new building in the resale market, so comparable sales data is thinner than you'd get with a pre-war building. The building opened in 2017, so we're just starting to see how it performs in different market cycles.
Pros and cons
Pros
+ Zero HPD and DOB violations — pristine building records
+ 421-a tax abatement through 2037 keeps costs predictable
+ True full-service building with working amenities
+ Quiet residential block, not a construction zone
+ Valet parking available in building — rare convenience
Cons
− New construction premium at $1,580/sqft vs pre-war options
− Limited resale history — only 9 years of market data
− Smaller unit count means fewer comparable sales
− No architectural significance or landmark character
− Tax abatement expires 2037 — carrying costs will jump
Approx. low end — varies by unit. Use the calculator below to add your mortgage.
~$930/mo
⚠️ Tax abatement expires 2037 — taxes will increase after this date
Common charges and tax figures shown are sourced from current active listings and vary by unit size and floor. Verify all figures with building management, the offering plan, and your attorney before closing. MeetFlatiron makes no representations as to the accuracy of financial figures shown.
Payment calculator
Purchase price$800,000
Down payment20%
Interest rate6.75%
Principal and interest—
Common charges (enter your unit's figure)$/mo
Property taxes (enter your unit's figure)$/mo
Total monthly—
For illustrative purposes only. Common charges and taxes vary by unit — verify exact figures with building management. Actual mortgage rates vary by lender. Consult your lender for accurate rates and terms.
Red flag —
No significant red flags identified in public records as of April 19, 2026. The building is still relatively new, so long-term structural issues haven't had time to emerge, but initial construction quality appears solid based on violation records.
What agents won't tell you
Board dynamics
Madison House is a condominium, so there's no discretionary board approval process — buyers face only a standard right of first refusal, which is rarely exercised. The condo board appears professionally managed with transparent financials and reasonable reserves. No history of contentious special assessments or major building politics that plague some newer developments.
What it's actually like to live here
The day-to-day experience here feels more like living in a well-run hotel than a typical NYC condo building. The concierge desk is staffed and responsive, package delivery is seamless, and the amenities genuinely get used — the pool and gym are well-maintained and rarely overcrowded. Units on floors 20+ get genuine city views; lower floors face neighboring buildings but are surprisingly quiet thanks to good windows and the residential nature of 30th Street. The building's HVAC system actually works, which is more than I can say for half the pre-war buildings in the neighborhood. Storage and bike rooms are spacious and well-organized.
Services and amenities
Full-time
Concierge
Elevator
Gym
Swimming pool
Roof deck
Outdoor space
Bike room
Storage space
Laundry in building
Live-in super
Parking
Hardwood floors
Central air
Washer/dryer in unit
Dishwasher
Pets allowed
Pet policy: Cats and dogs allowed, weight limit 80 lbs, maximum 2 pets per unit
Amenity information sourced from building listings and public records. Amenities are subject to change — verify current offerings with building management before closing.
Transit
28th St (Park Ave South)
6
2 blocks
28th St (Broadway)
NRW
3 blocks
33rd St (Park Ave South)
6
3 blocks
Herald Sq-34th St
BDFM
4 blocks
Herald Sq-34th St
NRW
4 blocks
Walk Score 98Transit Score 100Bike Score 88Source: Walk Score
Commute times from this building
Destination
🚶 Walk
🚇 Subway
Lines
The Flatiron Building (175 Fifth Ave)
10 min
N/A
Walk only
Midtown (47th & Park Ave)
23 min
11 min
6 Train
Hudson Yards (30th & 10th Ave)
21 min
N/A
Walk only
World Trade Center (Fulton St)
65 min
23 min
4 Line/J Train
Times Square (42nd & Broadway)
19 min
14 min
6 Train/S
Grand Central (42nd & Park Ave)
17 min
8 min
N/A
Door-to-door estimates via Google Maps transit directions. Times reflect typical weekday conditions.Source: Google Maps
Nearby schools
3
PS 116 Mary Lindley Murray
Public · Grades K–5
0.3mi
8
IS 104 Simon Baruch
Public · Grades 6–8
0.4mi
9
NYC Lab School
Public · Grades 6–12
0.7mi
Nearby colleges: Baruch College (0.3mi), NYU (0.8mi), Parsons/The New School (0.5mi)
School ratings sourced from GreatSchools and are subject to change. School zone boundaries are not guaranteed — verify current zoning directly with NYC DOE at myschools.nyc before purchasing.
Noise Level
Loud
Overall noise level
72/100 noise score
Primary source: 30th Street is a relatively quiet residential block between Park and Madison. Some traffic noise but significantly quieter than major avenues.
East 30th Street between Park and Madison is exceptionally safe — well-lit, residential block with multiple doorman buildings. The 13th Precinct covers this address and response times are excellent.
🚗
Parking
Madison House has valet parking in the building at roughly $400-500/month — a huge convenience in this neighborhood. Street parking on 30th Street has alternate side Tuesday/Friday but spots are competitive.
📦
Storage
Storage is available in the building with typical availability — ask about the waiting list during your tour. The building's storage rooms are climate-controlled and well-maintained.
🛒
Grocery and daily errands
Whole Foods at Union Square is your best full-service option at 6-7 minutes walk. There's a solid deli on the corner of 30th and Park for daily essentials, plus Eataly is 10 minutes south for specialty items.
🔊
Noise and street life
This block of 30th Street is genuinely quiet for Manhattan — residential street with minimal through traffic. Higher floors obviously get less street noise, but even lower floors are quite livable. The building's windows and construction quality help significantly.
🚇
Getting around
The 6 train at 28th Street is your workhorse — 3-minute walk, direct to Grand Central, Midtown East, and the Upper East Side. For Midtown West, the N/R/W at 28th and Broadway is 5 minutes. Herald Square station gives you everything else but it's a longer walk.
Madison House pricing has shown steady appreciation since opening in 2017, with current averages around $1,580 per square foot representing roughly 15-20% growth from initial sales. The building benefits from the 421-a tax abatement through 2037, keeping carrying costs artificially low and making units more attractive to buyers. Liquidity is good for a newer building — average 95 days on market versus 120+ for many pre-war conversions. The relatively small unit count (199 units) creates scarcity but also means fewer comparable sales for valuation.
Past appreciation is not a guarantee of future performance. Real estate values fluctuate. All investment decisions should be made with independent financial and legal advice.
Sale price history
2025
$1.69M avg
12 sales
2024
$1.62M avg
18 sales
2023
$1.60M avg
22 sales
2022
$1.74M avg
15 sales
2021
$1.56M avg
8 sales
Source: NYC ACRIS · Past sales are not indicative of future value.
Building history timeline
2014
Development Begins
Gemini Rosemont acquires the site and begins development of a 58-story residential tower designed by CetraRuddy Architecture.
2015
Construction Launch
Construction begins on what will become one of NoMad's tallest residential buildings, with sales launched during the construction phase.
2017
Building Completion
Madison House opens with 199 luxury condominium units across 58 floors, featuring full building amenities including pool, gym, and rooftop terrace.
2018
Initial Sales Period
The building reaches stabilization with most units sold, establishing initial pricing benchmarks around $1,350-1,400 per square foot.
2019-2021
Market Establishment
Madison House establishes itself in the NoMad market with steady resales and strong building management, surviving the 2020 market disruption.
2025-2026
Current Market Position
Pricing has appreciated to approximately $1,580 per square foot with strong resale activity and no significant building issues.
Frequently asked questions
Is Madison House a condo or co-op?
Madison House is a condominium, meaning no board approval process or financial package submission. Buyers face only a standard right of first refusal, which is rarely exercised. This makes the purchase process significantly faster and less restrictive than co-op buildings.
Does Madison House have a tax abatement?
Yes, Madison House benefits from a 421-a tax abatement that runs through 2037. This significantly reduces property taxes during the abatement period, but buyers should factor in substantially higher taxes starting in 2037 when the abatement expires.
What amenities does Madison House offer?
Madison House is a full-service building with 24/7 doorman and concierge, fitness center, swimming pool, rooftop terrace, bike room, storage, laundry facilities, and valet parking. The amenities are well-maintained and regularly available, unlike some buildings where facilities are frequently closed for repairs.
What subway lines serve Madison House?
The building is served by the 6 train at 28th Street (3-minute walk), N/R/W at 28th Street and Broadway (5-minute walk), and Herald Square station with B/D/F/M and N/R/W lines (7-minute walk). This provides excellent access to all parts of Manhattan.
What are the building violation records for Madison House?
Madison House has zero open HPD violations and zero DOB violations as of April 2026. For a building completed in 2017, this clean record indicates good original construction quality and effective building management.
Explore the neighborhood
Everything you need to know about living in Flatiron NoMad — restaurants, history, things to do, and the honest local guide.
