211 Madison Avenue
211 Madison Avenue, New York, NY 10016
BBL 1008657501 · BIN 1017135
- Year built
- 1985
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Leasing by owners
- Permitted with conditions
- Pied-à-terre
- Permitted with conditions
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Full-time doorman
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, 2026 to date
- $1,055
- floor-adjusted, 1 sale
- Listing discount
- 5.4%
- Recorded sales
- 64
- On record
- 2004–2026
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.
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, financing up to 90% is available. Leasing by owners is permitted with conditions. 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. Those terms are a meaningful part of the building's investment case; confirm them in the current declaration and house rules.
Application and transaction fees
Fees below are from building management's published schedule, as of May 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
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $475 | Refundable Non-refundable |
| Credit/Background Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $200 per applicant | Refundable Non-refundable |
| Move-In Fee | Paid by Buyer | When With the application | Amount $2,200 | Refundable Non-refundable |
| Disbursement Fee | Paid by Seller | When With the application | Amount $100 | Refundable Non-refundable |
| Move-Out Fee | Paid by Seller | When With the application | Amount $2,200 | Refundable Non-refundable |
| Processing Fee for Closing Documents | Paid by Seller | When With the application | Amount $575 | Refundable Not stated |
Rental or lease
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out Fee | Paid by Landlord | When With the application | Amount $2,200 | Refundable Non-refundable |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $475 | Refundable Non-refundable |
| Credit/Background Report FeePer applicantRequired | Paid by Tenant | When With the application | Amount $200 per applicant | Refundable Non-refundable |
| Move-In Fee | Paid by Tenant | When With the application | Amount $2,200 | Refundable Non-refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $100 | Refundable Non-refundable |
Ownership transfer
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Condo Transfer Fee | Paid by Buyer | When With the application | Amount $275 | 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
- Permitted with conditionsRestrictedSource: The Roebling Team's building profile
- 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: The Roebling Team's building profile
- 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
- $1,229 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.00 per square foot a monthMedian of 7 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.35 per square foot a monthMedian of 6 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.65 per square foot a monthMedian of 6 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
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- GardenSource: 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
- $25,819/yr
- Per unit / month range
- $0 – $54
- Modeled exposure split equally across 40 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.
Management & transfer contacts
- Policies and fees
- Move-In/Move-Out $2,200 each; condo transfer fee $275
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 |
|---|---|---|---|---|---|
| Apr 22, 2026 | 22B | 2 BR · 3.5 BA · 2,010 sf | $2,178,000 | $1,084/sf | — |
| 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 to date) cleared a median $1,055/sf (floor-adjusted) across 1 sale. 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 5.4% 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; 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 Morgan Court, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 8 | $3,200 |
| 2 bedroom | 6 | $3,500 |
14 closed leases, October 2023 to September 2026. Most recent lease May 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 Morgan Court and nearby.
At the recent median sale of $2.09M (4 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $88,743 to close, or 4.2% of the price.
- Mansion tax: $26,113
- Mortgage recording tax: $30,160
- Title insurance: $9,401
- Attorneys, lender, building fees, reserves and filings: $23,070
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Morgan Court and its market
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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.
Market the leasing and pied-à-terre terms. Leasing by owners and pied-à-terre use are both permitted with conditions; confirm those conditions before making them 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
More Murray Hill buildings
- 138 East 36th Street — 1916 co-op
- 155 East 38th Street — 1960 condominium
- 210 East 36th Street (Murray Hill) — 1960 co-op
- 218 Madison Avenue — condominium
- 271 Lexington Avenue — 1924 co-op by George F. Pelham
- 273 Lexington Avenue — 1966 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Murray Hill.
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 Morgan Court?
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