Cooperative · 1941
The John Murray House
220 Madison Avenue, New York, NY 10016
Buildings·Flatiron·Cooperative

220 Madison Avenue (The John Murray House)

220 Madison Avenue, New York, NY 10016

CorridorFlatiron
At a glance
Year built
1941
Type
Cooperative
Units
198
Floors
15
Landmark
No
Pets
Pets permitted, up to 35 lbs
Subletting
Subject to board approval and co-op sublet rules (confirm at offer stage)
Pied-à-terre
Allowed

220 Madison Avenue — The John Murray House — is a solid, full-block prewar cooperative in one of Murray Hill's most enviable positions: directly across Madison Avenue from the Morgan Library & Museum. Completed around 1941 to a design by Kenneth B. Norton, the building occupies the entire Madison Avenue blockfront between 36th and 37th Streets, giving it the presence and the scale of a major prewar address.

The building's name honors John Murray, the colonial-era merchant whose farm gave the neighborhood its name — a fitting anchor for a building that sits at the historic heart of Murray Hill. Its architecture is restrained prewar classicism: red brick, white-stone pilasters on the lower floors, stringcourses, and setback terraces on the upper levels. It reads as a dignified, established residential building rather than a flashy one.

What distinguishes the John Murray House for buyers is its range. Built as a rental and converted to a cooperative in the 1980s, it offers an unusually broad spread of apartments — from compact studios and one-bedrooms to larger terraced combinations on the upper floors. That range makes it one of the more accessible white-glove co-ops in the neighborhood, with an entry point well below the corridor's trophy addresses.

Architecture and unit composition

The John Murray House is a 15-story prewar building executed in restrained classical style. The red-brick facade, white-stone pilasters on the lower three floors, and multiple stringcourses give the building its formal character, while the setback terraces on the upper floors add coveted private outdoor space to a subset of units. The full-block footprint produces a large floor plate and a wide variety of layouts and exposures.

With roughly 198 residential units, the building is large, and its inventory spans the full range — studios, one-bedrooms, two-bedrooms, and larger combined or terraced units on the upper floors. That breadth is the building's defining feature: it serves a wide spectrum of buyers within a single white-glove address, and it means the value map is driven by floor, exposure, terrace access, and combination potential.

Building operations

220 Madison Avenue operates as a full-service cooperative with a doorman, elevators, an on-site parking garage, and a roof deck. As a co-op, purchases are subject to board approval, and the building's financial requirements, sublet policy, pied-à-terre policy, and pet rules are governed by the board and house rules.

Co-op carrying costs are expressed as monthly maintenance, which bundles operating expenses and the shareholder's portion of any underlying mortgage and property taxes. Maintenance levels, financing requirements, flip-tax provisions, and board approval standards are building-specific and should be confirmed at offer stage. The Roebling Research Library can provide current house rules, recent financial statements, and board materials during due diligence.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2010–15
Safe
2015–20
SWARMP
2020–25
Safe
2025–30
Safe
2030–35
Due
Next report due
by Feb 2032
On record
$23,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

Recent sales

Co-ops price on a price-per-room basis rather than price-per-square-foot, and the John Murray House is best read through that lens. The building's defining sales characteristic is its range: closings span from accessible studio and one-bedroom pricing up through larger terraced and combined upper-floor units at the high end. Floor height, exposure, terrace access, and condition drive the spread. Because co-op pricing reflects both the apartment and the building's financial profile, buyers should weigh maintenance levels and the building's balance sheet alongside the purchase price. Price any specific apartment by its room count, exposure, terrace access, and condition together rather than by a building-wide average.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

5B+86%
$695,000 2005$1,290,000 2019
5A+45%
$990,000 2011$1,435,000 2024
11Q+26%
$775,000 2011$980,000 2020
9F+24%
$736,000 2006$915,000 2017
8Q+19%
$799,000 2006$950,000 2013

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
May 27, 20263M$525,000
Mar 11, 20261415O$2,250,000
Jan 13, 20263H$550,000
Nov 3, 2025GABC$3,100,000
Sep 19, 202515N$510,000
Apr 22, 202512G$505,000
View all 95 recorded transfers, 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 1-00866-0064) 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.

What to know if you’re buying

The range is the opportunity. This building offers white-glove co-op living at an unusually wide spread of price points; identify which sub-market your target unit sits in.

Terraces and upper floors carry premiums. Setback terraces and higher exposures are the value drivers at the top of the building.

Plan for the board. Purchases require board approval and meeting the building's financial standards; build that into your timeline and package.

Price on rooms. Co-op valuation runs on room count, exposure, and condition. Confirm the building's maintenance, financing, and sublet rules at offer stage.

Model the full carry. Monthly maintenance plus any financing. Run any purchase near a mansion-tax threshold through the Mansion Tax Calculator.

What to know if you’re selling

Position against the right sub-market. A studio and a terraced upper-floor combination compete in entirely different pools; price and market each to its own buyer.

Foreground the location. Directly opposite the Morgan Library, at the historic center of Murray Hill — the address is a genuine asset.

Prepare the buyer for the board. Co-op sales hinge on a qualified buyer who can clear the board.

Co-op timelines are longer than condo. Board approval extends the closing process; set expectations accordingly.

Comparable buildings

If you're considering 220 Madison Avenue, also evaluate:

The Roebling Team at The John Murray House

The Roebling Team at Compass works across the Murray Hill, Midtown, and Flatiron markets, and we publish this profile because prewar co-op buyers and sellers deserve building-specific intelligence — the rooms-based value map across a wide inventory, the co-op approval reality, and the transactional mechanics — not generic market commentary.

If you're considering a purchase or sale at 220 Madison Avenue, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the specifics your situation requires — comparable analysis at the apartment level, board-package strategy, due diligence priorities, and a pacing strategy that fits your timeline.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.

Considering a move at The John Murray House?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

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

A broker’s honest answer to three questions — what your apartment would likely sell for today, what it costs to sell, and what you’d walk away with — for your apartment at The John Murray House, in this market. Put together by a person, not an algorithm.