211 Madison Avenue
211 Madison Avenue, New York, NY 10016
Murray Hill
BBL 1008657501 · BIN 1017135
- Year built
- 1985
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,084
- Listing discount
- 5.4%
- Recorded sales
- 74
- On record
- 2004–2026
Morgan Court is one of Murray Hill's most recognizable buildings — a slender, 32-story "sliver" tower with curved windows, rising on Madison Avenue beside the Morgan Library on land historically associated with J.P. Morgan's carriage-house grounds. Built in 1985, it was conceived as a boutique condominium of just 40 residences, with only two homes on each floor, and that low density is the heart of its appeal.
The proposition is privacy and light in a central location. Two apartments per floor means a near-private landing, generous exposures, and the kind of quiet that larger towers can't offer; the curved windows are both an architectural signature and a practical one, pulling light and views into every home. The building wraps a gated cobblestone courtyard and a landscaped atrium with reflecting pools — a serene, almost hidden entry sequence in the middle of Midtown.
As a condominium with a notably flexible posture — high financing, flexible subletting, and pied-à-terre and co-purchase ownership — Morgan Court appeals to a wide range of buyers: primary residents, second-home owners, and investors alike. That breadth, combined with the building's scarcity and central location, is what has kept it desirable for four decades.
Architecture and unit composition
Morgan Court belongs to the era of Manhattan's slender residential towers — buildings that maximized a narrow lot into a tall, light-filled structure. Its defining feature is the curved window line, which gives the façade its identity and gives each residence wide, sweeping glass. The building's siting beside the Morgan Library, and its gated courtyard-and-atrium entry, lend it a sense of refuge unusual for a Madison Avenue address.
With 40 residences across 32 floors and only two homes per landing, the units are well-proportioned and private. Layouts range across the building's stack, and the higher floors command open city views unobstructed by the lower-scale Murray Hill blocks around them. The combination of curved-glass exposures, two-per-floor privacy, and high-floor light is the building's core architectural value.
Building operations
Morgan Court is a full-service condominium: a 24-hour doorman, a live-in resident manager, and a staff scaled to a boutique building keep it running. The amenity set is distinctive for its size — a temperature-controlled wine cellar, a gated cobblestone courtyard, and a landscaped atrium with reflecting pools — favoring atmosphere and privacy over a large amenity floor.
On policy, the building is among the more flexible condominiums in the area. Financing up to 90% is available. Subletting is permitted with broad flexibility, which makes the building genuinely viable for investor and pied-à-terre buyers. Pied-à-terre and co-purchase ownership are permitted. Pets are allowed subject to the condominium's house rules. As a condominium, purchases clear through a right-of-first-refusal rather than a board interview, and the transfer mechanics are condominium-standard. That flexibility — rare even among condominiums — is a meaningful part of the building's investment case.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $9,086/yr
- Per unit / month range
- $0 – $19
Facade safety — Local Law 11
The latest available filing classified the facade as Unsafe — conditions requiring corrective action, which under FISP means a protective sidewalk shed and 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.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Notable fees
- Move-In/Move-Out $2,200 each; condo transfer fee $275
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 22, 2026 | 22B | 2 BR · 3.5 BA · 2,010 sf | $2,178,000 | $1,084/sf | off-mkt |
| Nov 24, 2025 | 16B | 2 BR · 2.5 BA · 2,010 sf | $1,930,000 | $960/sf | -3.3% |
| Dec 9, 2024 | 28A | 3 BR · 3 BA · 2,500 sf | $3,363,371 | $1,345/sf | -6.4% |
| Sep 27, 2024 | 28B | 3 BR · 3 BA · 2,200 sf | $2,978,381 | $1,354/sf | -0.6% |
| Mar 6, 2024 | 26B | 3 BR · 3 BA · 2,200 sf | $3,261,296 | $1,482/sf | +8.9% |
| Nov 1, 2023 | 5B | 1 BR · 1.5 BA · 1,142 sf | $1,270,000 | $1,112/sf | -5.6% |
| May 15, 2023 | 5A | 1 BR · 1.5 BA · 1,142 sf | $1,250,000 | $1,095/sf | -3.5% |
| Apr 14, 2023 | 24B | 2 BR · 2 BA · 2,010 sf | $1,950,000 | $970/sf | -2.5% |
Market read. Most recent trades (2026) cleared a median $1,084/sf across 1 sale. Median listing discount 5.4% 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.
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 1-00865-7501) 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.
What to know if you’re buying
Buy the floor and the light. With two homes per floor and curved-glass exposures, the building's value rises with height; the higher homes command open views and the most privacy, and they price accordingly.
Use the flexibility. 90% financing, flexible subletting, and permitted pied-à-terre and co-purchase ownership make Morgan Court one of the more accommodating buildings in the area — a real advantage for second-home and investor buyers, who should weigh the building against the more restrictive co-ops of Murray Hill. We help buyers read the condominium's financials, reserves, and house rules before they commit.
Value the setting. The gated courtyard, the atrium, the proximity to the Morgan Library, and the central Madison Avenue location combine into a quiet, convenient base in the middle of the city — a durable everyday advantage.
What to know if you’re selling
Lead with privacy and flexibility. Two homes per floor, curved-glass light, and an unusually flexible condominium structure — high financing, flexible subletting, permitted pied-à-terre ownership — are the building's durable selling points, distinguishing a home here from both larger towers and the restrictive co-ops nearby.
Price to the floor. Higher homes with open views and the most privacy sit at the top of the building's range; accurate positioning by floor and exposure is what produces a clean sale.
Reach the investor and pied-à-terre buyer. The building's subletting and ownership flexibility opens a buyer pool that co-ops cannot serve; that breadth should be central to the marketing.
Benchmark to Murray Hill's boutique condominiums. Comparable analysis belongs against the area's other small, flexible condominiums rather than its larger or more restrictive buildings.
Comparable buildings
If you're considering 211 Madison Avenue, also evaluate Murray Hill and Midtown East's residential buildings:
- 172 Madison Avenue — Madison Avenue condominium tower nearby
- 20 East 35th Street — Murray Hill residential building
- 14 East 33rd Street — an 18-unit live/work loft condominium
- 144 East 36th Street — Murray Hill residential building
- 34 East 35th Street — Murray Hill cooperative for contrast
Considering a move at Morgan Court?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Morgan Court 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.