23 East 22nd Street (One Madison)
23 East 22nd Street, New York, NY 10010
Flatiron
BBL 1008517505 · BIN 1087769
- Year built
- 2007
- Type
- Condominium
- Units
- 69
- Floors
- 60
- Flip tax
- None
- Financing
- No financing cap imposed by the building
- Subletting
- Permitted
- Land
- Owned
- Tax status
- Section 421-a partial real estate tax exemption
- Right of first refusal
- Yes
- Managing agent
- Related Management Company
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2013). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2008–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,251
- Listing discount
- 4.3%
- Recorded sales
- 113
- On record
- 2008–2025
One Madison is one of the narrowest high-rises in NYC — a 60-story "sliver" tower with an approximately 12:1 height-to-width ratio. It is widely regarded as a "dramatic and very slender residential skyscraper", noted for being a "highly visible 'sliver' apartment tower with spectacular views."
The tower carries a CetraRuddy sliver-tower architectural pedigree with an unbuilt counterfactual attached — Rem Koolhaas originally designed a "shorter sister tower" on the 22nd Street side that "never got off the ground." Its silhouette is broken by seven "pop-out" elements of 4-6 stories each on the north and east facades, and the address has drawn a trophy cultural resident roster to match: Rupert Murdoch, who bought the top four floors for $57.5M in 2014 and sold for ~$23.8M in 2024 (a ~$20M loss per), Tom Brady + Gisele Bündchen, who own and rent, and Peter Buffett, Warren's son and a former resident.
Local Law 97
- 2024–2029 annual penalty
- $91,074/yr
- 2030–2034 annual penalty
- $219,972/yr
- Per unit / month range
- $119 – $286
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials 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 →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 |
|---|---|---|---|---|---|
| Oct 29, 2025 | 32B | 1 BR · 2 BA · 1,560 sf | $3,900,000 | $2,500/sf | -2.5% |
| May 20, 2025 | 12B | 1 BR · 2 BA · 1,560 sf | $2,875,000 | $1,843/sf | -15.4% |
| Nov 25, 2024 | PH | 5 BR · 6.5 BA · 7,143 sf | $23,750,000 | $3,325/sf | -16.7% |
| Aug 19, 2024 | 8A | 3 BR · 3.5 BA · 2,723 sf | $7,400,000 | $2,718/sf | -7.4% |
| May 16, 2024 | 7D | 2 BR · 2 BA · 1,665 sf | $3,400,000 | $2,042/sf | -2.9% |
| Feb 8, 2024 | 27A | 2 BR · 2 BA · 1,328 sf | $3,500,000 | $2,636/sf | -5.3% |
| Jan 25, 2023 | 41AB | 4 BR · 4.5 BA · 3,310 sf | $11,605,000 | $3,506/sf | -9.0% |
| Oct 20, 2022 | 57A | 3 BR · 3.5 BA · 3,310 sf | $12,500,000 | $3,776/sf | -21.9% |
Market read. Most recent trades (2025) cleared a median $2,251/sf across 2 sales. Median listing discount 4.3% 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 1-00851-7505) 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
The 12:1 height-to-width ratio is structurally distinguishing. One of the narrowest high-rises in NYC.
The CetraRuddy sliver-tower architectural pedigree is real institutional context.
The Rupert Murdoch loss-of-$20M sale is real recent transactional context.
The Tom Brady / Gisele Bündchen resident overlay supports premium positioning.
The Yabu Pushelberg-designed One Club 10,000-sf amenity center is structurally distinctive.
The lap pool with spa overlooking Madison Square Park is real institutional amenity infrastructure.
The seven pop-out elements produce structurally distinct unit-level configurations.
Comparable buildings
- The Whitman (21 East 26th) — Mitchell 2013; nearby NoMad / Flatiron peer
- 15 Union Square West — Kellum 1870 / Chen 2008; nearby Flatiron condo peer
- The Flatiron Building (175 Fifth) — Burnham 1902 / Sofield 2026; immediate Flatiron trophy peer
- 50 Gramercy Park North — Lyons 1925 / Schrager 2004; nearby Gramercy trophy peer
- Walker Tower (212 W 18th) — Walker / JDS 2014; nearby Chelsea trophy peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Flatiron — read The Roebling Team Guide to Flatiron.
Considering a move at One Madison?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
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A Private Pricing Opinion — what your apartment at One Madison 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.