Madison Gardens, 408 West 34th Street
408 West 34th Street, between Ninth and Tenth Avenues, Manhattan, Hudson Yards
Hudson Yards
BBL 1007310050 · BIN 1012850
- Year built
- 1960
- Type
- Cooperative
- Units
- 68
- Floors
- 7
- Landmark
- No
- Amenities
- Elevator, resident superintendent, video entry, central laundry, storage and parking subject to a waitlist
Every recorded sale at this building, 2004–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $950
- Listing discount
- 2.1%
- Recorded sales
- 58
- On record
- 2004–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Madison Gardens 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.
Madison Gardens is a postwar apartment house on West 34th Street, with 68 residences and a cooperative conversion dating to 1989. It occupies a relatively low building near Ninth Avenue, within walking distance of Penn Station and Moynihan Train Hall. Studios, one-bedroom homes and two-bedroom apartments make up its resale inventory.
The property includes parking behind the residential building, an unusual physical feature for this part of Midtown. Parking is subject to a waitlist, so its presence is a building attribute without guaranteeing a space to an incoming shareholder. Elevator service and a resident superintendent support the apartments above.
Its location puts the building on a busy crosstown route linking the rail station area and the Hudson Yards district. The apartment's orientation therefore matters: a street-facing room and one toward the rear have different relationships to the surrounding traffic and development. The building's scale remains well below that of the district's newer towers.
Architecture and unit composition
The residential plans reflect a postwar apartment house, with studios and separate-bedroom layouts organized around shared halls and elevator access. Studios can have a distinct kitchen and enough main-room length to arrange sleeping and living areas separately. Such an arrangement remains a studio unless the space qualifies as a legal bedroom.
One-bedroom homes include separate living rooms and kitchens, while two-bedroom plans provide another enclosed room within the building's modest floor plate. Windowed kitchens occur in some apartments. Closets, entry areas and the position of the kitchen produce meaningful differences among homes with the same bedroom count.
Wood and parquet floors appear in the inventory, with renovation histories varying across apartments. Some kitchens remain enclosed; others have been opened or extensively refitted. Those choices change the amount of storage and the connection between cooking and living space, so the current floor plan matters more than a generic postwar description.
The rear parking area is part of the property's ground-level arrangement. Apartments looking toward the rear can face that open area and adjoining buildings, while the West 34th Street frontage looks over the street. A higher floor doesn't guarantee an unobstructed skyline view.
Building operations
A resident superintendent handles on-site responsibilities, supported by video entry at the building entrance. Shared laundry and rentable storage provide facilities outside the apartments. The surface parking lot operates with a waitlist for spaces.
The cooperative's tax treatment is Class 2, and its real estate taxes are included in the corporation's operating expenses. There is no building-level tax abatement identified for the property. A shareholder's maintenance payment also supports the common building services and expenses allocated through the cooperative.
The property sits in C6-4 zoning within the Special Hudson Yards District. Its built floor-area ratio is substantially below the listed residential allowance. Additional development potential cannot be calculated from that numerical gap alone: the special district's rules, the lot's development history and any transferred rights would affect what could be built.
Policy framework
Financing: Up to 80%, with a minimum 20% down payment — confirm with the managing agent.
Pets: Permitted — confirm with the managing agent.
Pied-à-terre ownership: Permitted — confirm with the managing agent.
Subletting: Permitted, with a monthly fee that depends on how long the shareholder has owned the apartment — confirm the current schedule and other conditions with the managing agent.
Recent sales
Recent transfers 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Feb 28, 2025 | 1F | 1 BR · 1 BA | $575,000 | +0.0% | |
| May 17, 2023 | 3J | 1 BA | $435,000 | -3.3% | |
| Dec 22, 2022 | 6B | 2 BR · 1 BA | $880,000 | -7.3% | |
| Sep 16, 2022 | 6D | 1 BA · 500 sf | $490,000 | $980/sf | -1.8% |
| Nov 12, 2021 | 2E | 1 BR · 1 BA · 525 sf | $525,000 | $1,000/sf | -4.5% |
| Sep 2, 2021 | 6H | 1 BR · 1 BA | $675,000 | -3.4% | |
| Jun 21, 2021 | 3E | 1 BA · 470 sf | $500,000 | $1,064/sf | -12.3% |
| Feb 19, 2021 | 5J | 1 BA · 500 sf | $485,000 | $970/sf | -7.6% |
Market read. $/sf is measured on the latest sales with reliable square footage (2022): a median $950/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 2.1% 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 1-00731-0050) 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 on co-ops is not officially recorded, figures shown are approximate.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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Comparable buildings
- Convention Overlook — A larger postwar cooperative on the same block, with a substantially taller residential structure.
- Haddon Hall — A prewar cooperative nearby, offering a different construction era and a larger apartment-house scale.
- The Courant — A smaller prewar cooperative for buyers considering the area's older residential inventory.
- 313 Eighth Avenue — A postwar cooperative with a much larger residential inventory and a taller building form farther south.
- 348 West 36th Street — A low-unit-count prewar cooperative, useful for comparing ownership in a smaller association.
- Dylan House — Another small prewar cooperative in the surrounding Midtown market, with apartments distributed through a taller structure.
More Hudson Yards buildings
- 350 West 42nd Street (The Orion) — 2006 condominium by CetraRuddy Architects
- 361 West 36th Street — 1925 co-op
- 400 West 38th Street (VITA) — 2024 condominium
- 430 West 34th Street (Convention Overlook) — 1963 co-op by H.I. Feldman
- 432 West 52nd Street — 1950 condominium by Karl Fischer Architects
- The Westerley, 441 West 37th Street — 2020 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Hudson Yards — read The Roebling Team Guide to Hudson Yards.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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.
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