Buying at 1203 Madison Ave
9 units at Madison Gardens have sold since 2021 at a median of $949,000, achieving 99.2% of asking in about 24 days. Here is what that means for what you will pay — and what to read before you offer.
That leaves roughly $7,592 off a median-priced unit on average — the building's pattern, not a guarantee on any one home.
What you will pay, by size
Sold figures are what buyers actually paid across all 9 sales. Asking is what is listed today — nothing at the moment.
| Type | Sold avg | Sold range | Asking now |
|---|---|---|---|
| 2 bedroom · ~1090 sq ft | $929,640 | $800K – $1.12M | — |
| 3 bedroom · ~1212 sq ft | $1,005,250 | $949K – $1.15M | — |
What to read before you offer
Whether Madison Gardens is a good building to buy into is decided by its documents, not its listing photos. These are the ones that matter, and what each is for.
Saeed Farahani obtains and reviews these with you as part of representing you on a purchase.
Common questions
Is Madison Gardens a good building to buy in?
No one can answer that honestly from the listing alone — it depends on what the documents say. The market record is a starting point: 9 units have sold here since 2021 at a median of $949,000, averaging 24 days on market and 99.2% of asking. What decides it is the strata minutes, the depreciation report and the Form B — whether work is approved but not yet levied, how healthy the contingency fund is, and whether the current fee reflects real costs. Saeed Farahani obtains and reviews those documents with you before you write an offer.
How much can I negotiate at Madison Gardens?
Sales here have averaged 99.2% of asking over about 24 days on market — roughly $7,592 off a median-priced unit. That is the building's average, not a guarantee; a well-priced unit still sells at full price.
What do units at Madison Gardens actually sell for?
9 sales since 2021, from $800,200 to $1,145,000, median $949,000. By size: 2-bed $929,640, 3-bed $1,005,250. That works out to about $843 per square foot. Asking prices on current listings are a separate question — what sold is what the market paid.
What is for sale at Madison Gardens right now?
Nothing is listed at Madison Gardens at the moment. Saeed can set up an alert so you hear about a listing here before it reaches the portals.
What amenities does Madison Gardens have?
Amenities, bylaws and strata details for Madison Gardens are set out in full on the building page, alongside current listings. This page covers the buying decision rather than repeating them.
Figures are drawn from recorded MLS® sales and current listings at Madison Gardens (LMS4302) from 2021 onward and describe the building, not any individual home. Nothing here is a substitute for reviewing the strata documents. See amenities, bylaws and current listings →
Why work with Saeed
Real estate expertise you can count on — reach out any time.
