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Commercial-building conversion with a vertical addition · 1920
M127
127 Madison Avenue, New York, NY 10016
Buildings·Flatiron·Commercial-building conversion with a vertical addition

127 Madison Avenue (M127)

127 Madison Avenue, New York, NY 10016

NoMad

BBL 1008607503 · BIN 1016973

CorridorFlatiron
At a glance
Year built
1920
Type
Commercial-building conversion with a vertical addition
Units
9
Floors
12
Landmark
No
Amenities
Elevator; private outdoor terraces on duplex homes
The Data Room

Every recorded sale at this building, 2008–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,156
Listing discount
2.4%
Recorded sales
20
On record
2008–2026
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at M127 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.

About the building

SHoP Architects remodeled and expanded an existing commercial building to create M127. The design inserts angled steel-and-glass window boxes into the older brick façade. Their projecting shape creates interior seating areas and turns views along Madison Avenue toward Madison Square Park. The work combined the existing lower structure with new floors above; the architect dates completion to 2008.

The residential mix consists of floor-through apartments and two duplex penthouses with outdoor terraces. Elevator access serves the homes, and the upper duplexes divide their rooms between levels. The condominium also includes a commercial component, separately identified in the original offering. The plan became effective at the end of 2007, ahead of the first recorded apartment closings.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. 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.

DateUnitApartmentPricePPSFvs. Ask
Jan 6, 20265
2 BR · 2 BA · 1,600 sf
$1,850,000$1,156/sf-2.4%
Jan 17, 20252A
2 BR · 2 BA · 1,550 sf
$1,750,000$1,129/sf-2.5%
Dec 20, 20242
2 BR · 2 BA · 1,550 sf
$1,750,000$1,129/sfoff-mkt
Sep 15, 2023PHA
3 BR · 3 BA · 2,381 sf
$3,150,000$1,323/sf+0.0%
Feb 15, 20234
2 BR · 2 BA · 1,577 sf
$1,550,000$983/sfoff-mkt
Aug 9, 20228
2 BR · 2 BA · 1,600 sf
$1,925,000$1,203/sf-3.5%
Jan 17, 20207
2 BR · 2 BA · 1,600 sf
$2,075,000$1,297/sf-7.8%
Jan 3, 20182
2 BR · 1,550 sf
$1,950,000$1,258/sf-2.4%

Market read. Most recent trades (2026) cleared a median $1,156/sf across 1 sale. Median listing discount 2.4% 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.

7 · 1,600 sf+55%
$1,336,453 ($847/sf) 2010 → $2,385,000 ($1,512/sf) 2015 → $2,075,000 ($1,297/sf) 2020
5 · 1,600 sf+46%
$1,266,957 ($803/sf) 2010 → $1,850,000 ($1,156/sf) 2026
2 · 1,550 sf+40%
$1,250,920 ($807/sf) 2010 → $1,540,000 ($994/sf) 2013 → $1,950,000 ($1,258/sf) 2018 → $1,750,000 ($1,129/sf) 2024
3 · 1,550 sf+34%
$1,629,200 ($1,051/sf) 2008 → $2,189,000 ($1,412/sf) 2017
8 · 1,600 sf+33%
$1,443,369 ($929/sf) 2010 → $1,925,000 ($1,203/sf) 2022
View all 20 recorded sales, sortable

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 1-00860-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

Comparable buildings

More Flatiron buildings

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 M127?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com