- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pied-à-terre
- Permitted with conditions
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2010–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $2,485
- floor-adjusted, 5 sales
- Listing discount
- 5.1%
- Recorded sales
- 182
- On record
- 2010–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 10 Madison Square West would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
10 Madison Square West is one of the most accomplished condominium conversions of its generation — the transformation of a 1915 commercial building, designed by William Van Alen before his Chrysler Building, into 125 luxury residences fronting Madison Square Park. Developed by the Witkoff Group with Vector Group and completed in 2015, the conversion stripped the former International Toy Center back to its structure, added height to the tower, and wrapped the whole in a finish and amenity program calibrated to the very top of the NoMad–Flatiron market.
The building's argument is the address. It sits directly on Madison Square Park, the green heart of NoMad, with the Flatiron Building, the dining and retail of the surrounding blocks, and the transit at 23rd Street all at the door. Few condominiums in Manhattan offer a true park-front position with this combination of historic bones, modern systems, and a deep private club.
Architecture and unit composition
The original building is a substantial early-twentieth-century masonry structure — a William Van Alen design with the heavy, dignified presence of its era. The conversion preserved that character at street level and through the lower floors while raising a contemporary residential tower above, the demolition of a section of the old structure clearing the way for the added height. The lot itself is not designated; the Madison Square North Historic District begins one block north, at West 25th Street.
Inside, Alan Wanzenberg's interiors set the tone: wide-plank white oak floors, beamed ceilings, and large windows throughout, with the tower residences on the upper floors carrying ceilings over 11 feet and direct outlooks across Madison Square Park. The 125 residences range from one- to five-bedroom layouts, including the marquee tower homes that are the building's crown. This is collector-grade product — generous proportions, high-specification finishes, and a park-front position that cannot be replicated.
Building operations
The building runs as a full-service luxury condominium with one of the deepest amenity programs in the district. A 24-hour doorman, concierge, porter, and live-in resident manager staff the property. The centerpiece is a 10,000-square-foot fully staffed club with a fitness center, a lap pool, yoga and Pilates studios, a spa treatment room, and steam and sauna; a 5,100-square-foot landscaped courtyard garden, a children's playroom, refrigerated lobby storage for fresh deliveries, and bicycle storage complete the suite.
As a condominium, there is no co-op board admission; pets are permitted, and leasing and pied-à-terre ownership are permitted with conditions. Confirm financing and trust or LLC ownership rules in the current declaration, bylaws and house rules.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Background Report FeeConditional · Per applicant | Paid by Buyer | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move In Fee | Paid by Buyer | When With the application | Amount $1,500 | Refundable Not stated |
| Processing Fee | Paid by Buyer | When With the application | Amount $700 ($750 Without a Broker) | Refundable Not stated |
| Working Capital Contribution | Paid by Buyer | When With the application | Amount Amount equivalent to two months' common charges | Refundable Non-refundable |
| Move Out Fee | Paid by Seller | When With the application | Amount $1,500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,500 | Refundable Refundable |
| Final Electric Deposit | Paid by Seller | When With the application | Amount $1,000 | Refundable Not stated |
| Move Out Deposit | Paid by Seller | When With the application | Amount $1,500 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Fee | Paid by Landlord | When With the application | Amount $1,500 | Refundable Non-refundable |
| Credit Report FeeConditional · Per applicant | Paid by Tenant | When With the application | Amount $125 per applicant (additional $75 for criminal check if required by the Board) | Refundable Not stated |
| Move In Fee | Paid by Tenant | When With the application | Amount $1,500 | Refundable Non-refundable |
| Processing Fee | Paid by Tenant | When With the application | Amount $700 ($750 without a Broker) | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When With the application | Amount $1,500 | Refundable Not stated |
| Move In Deposit | Paid by Tenant | When With the application | Amount $1,500 | Refundable Not stated |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Lease Renewal Fee | Paid by Tenant | When With the application | Amount $300 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Not verified
- Pied-à-terre ownership
- Permitted with conditionsCase by case, board discretionSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of October 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,313 per room a monthMedian of 12 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.41 per square foot a monthMedian of 12 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.40 per square foot a monthMedian of 24 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.96 per square foot a monthMedian of 24 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, pool, spa, playroom, garden, bike storage, cold storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $182,674/yr
- Per unit / month range
- $0 – $125
- Modeled exposure split equally across 122 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring prompt corrective action. The owner must install any public protection the inspector specifies (a sidewalk shed, construction fence or structural netting, depending on the condition) and make the repairs. Review the subsequent filings, the repair status, and the building’s board and financial materials — we pull the repair scope and funding picture for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 16, 2026 | 8G | 3 BR · 3.5 BA · 2,354 sf | $5,350,000 | $2,273/sf | +0.0% |
| Aug 18, 2026 | 2C | 2 BR · 2.5 BA · 1,433 sf | $3,050,000 | $2,128/sf | -4.7% |
| Aug 12, 2026 | 2F | 3 BR · 3.5 BA · 2,391 sf | $6,500,000 | $2,719/sf | -5.7% |
| Jul 29, 2026 | 12D | 4 BR · 4.5 BA · 3,309 sf | $12,263,250 | $3,706/sf | -1.5% |
| Feb 6, 2026 | 14F | 4 BR · 4.5 BA · 2,818 sf | $7,200,000 | $2,555/sf | +0.0% |
| Aug 13, 2025 | 9A | 3 BR · 3.5 BA · 2,205 sf | $4,200,000 | $1,905/sf | -3.4% |
| Aug 8, 2025 | 10A | 3 BR · 3.5 BA · 2,205 sf | $4,200,000 | $1,905/sf | -10.6% |
| Jul 10, 2025 | 17B | 1 BR · 1.5 BA · 1,026 sf | $2,650,000 | $2,583/sf | -10.2% |
Market read. Most recent trades (2026 to date) cleared a median $2,485/sf (floor-adjusted) across 5 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 5.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00826-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at 10 Madison Square West, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 6 | $8,925 |
| 3 bedroom | 5 | $22,500 |
13 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 10 Madison Square West and nearby.
At the recent median sale of $4.2M (11 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $173,208 to close, or 4.1% of the price.
- Mansion tax: $63,000
- Mortgage recording tax: $60,638
- Title insurance: $18,900
- Attorneys, lender, building fees, reserves and filings: $30,670
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with 10 Madison Square West and its market
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What to know if you’re buying
This is a trophy purchase, and the variables are the floor, the line, and the park outlook. The tower residences with high ceilings and direct Madison Square Park views are the building's signature product and price accordingly; lower and interior homes deliver the same finishes, club, and address at gentler numbers. The condominium structure means no co-op board interview — purchases run through the condominium's application and right-of-first-refusal process. Pied-à-terre use is permitted and leasing is permitted with conditions; confirm financing rules in the declaration and bylaws.
The amenity club and the park-front position are the durable advantages here; a buyer is paying for the address as much as for the residence. Because a 125-residence building produces a limited number of same-building comparables, the right comparison set extends to the broader top tier of NoMad and Flatiron new-and-converted condominiums — we help build that comparison and read the offering plan, finish condition, and where each line sits on price.
What to know if you’re selling
The marketing core is the combination no competitor can fully copy: a William Van Alen building converted to the highest specification, a 10,000-square-foot private club with a lap pool, and a direct Madison Square Park frontage. Those are durable differentiators that distinguish a resale here from anything in the surrounding new-construction stock.
Pricing should benchmark against the top of the NoMad–Flatiron condominium market rather than the neighborhood average, and the listing should lead with the residence's specific outlook — a direct park view is the building's most valuable attribute. With 125 homes, a well-positioned resale benefits only if few comparable units are offered at the same time, so check current inventory before pricing. Condominium resales clear through a right-of-first-refusal rather than a co-op board, giving a faster, more predictable close that appeals to the building's flexibility-minded buyer.
Comparable buildings
If you're evaluating 10 Madison Square West, these nearby Flatiron and NoMad buildings make a useful comparison set:
- 141 Fifth Avenue — Flatiron condominium nearby
- 175 Fifth Avenue — the Flatiron Building, a few blocks south
- 284 Fifth Avenue — NoMad building on Fifth Avenue
- 45 East 22nd Street — Madison Square Park condominium tower
- 21 East 26th Street — Madison Square Park building
- 23 East 22nd Street — One Madison, a CetraRuddy-designed condominium tower completed in 2013
More Flatiron buildings
- 278 Park Avenue South (Gramercy Place) — 1894 condominium by Philip Birnbaum & Associates
- Förena, 540 Sixth Avenue — 2020 condominium by Morris Adjmi Architects
- 568 Avenue of the Americas — co-op
- The Cammeyer, 650 Avenue of the Americas — 1892 condominium
- 874 Broadway (The McIntyre Building) — 1890 co-op
- 889 Broadway (The Gorham Building) — 1883 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 10 Madison Square West?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com