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Where contemporary living meets classic New York elegance

23 E 22nd St: A landmark Flatiron address with a mixed appreciation record
Overview

One Madison is a 60-story slender glass tower at the southern edge of Madison Square Park: architecturally commanding, amenity-rich, and sufficiently scarce that each available residence draws real attention.

  • 51 residences across 60 stories give the building one of the lowest unit to floor ratios in Manhattan, which keeps supply tight and the resident profile closely held.

  • Layouts are generous by luxury high-rise standards, with 10 to 11 foot ceilings, floor to ceiling glass, open-plan kitchens, and corner or wraparound terraces on select floors.

  • CetraRuddy's architecture and Yabu Pushelberg interiors deliver a level of finish that holds up over time. This is not a building where the lobby reads dated a decade in.

  • The location sits at the convergence of Flatiron, NoMad, and Gramercy. All three neighborhoods have demonstrated sustained liquidity, and Madison Square Park is among the most stable residential anchors in lower Manhattan.

KEY BUILDING FACTS
Year Built
2013
Number of Units
51
Architect
CetraRuddy (building) + Yabu Pushelberg (interiors)
Architect
Alan Wanzenberg (interiors), Goldstein Hill & West (conversion)
Management Company
Related Management Company
Front Desk Number
(212) 612-9602
FINANCIAL SUMMARY
Monthly Common Charges / HOA
Varies by unit (~$1,500-$7,500)
Monthly Taxes
Varies by unit (~$2,000-$10,000)
Special Assessments
None publicly listed
Tax Abatement
None publicly listed
Reserve Fund Health
None publicly listed
Undivided's Assessment

23 E 22nd Street stands as one of Flatiron’s most architecturally distinct condo assets, pairing iconic design with a location that consistently underpins long-term demand. The slender, park-adjacent tower delivers a modern luxury product with private elevator landings, full-service operations, and a robust amenity stack, all within one of Manhattan’s most supply-constrained and high-visibility corridors.

For buyers evaluating with an investment lens, 23 E 22nd Street performs unevenly across the equation but ultimately holds its position through location dominance and sustained buyer appeal. Financial fundamentals are less efficient than some comparables, reflecting its trophy status and pricing premium, yet this is offset by strong resale liquidity, consistent demand for park-facing units, and a globally recognizable profile.

The result is an asset that skews toward value preservation over pure yield: a high-confidence hold driven by irreplaceable positioning above Madison Square Park, institutional-grade design and systems, and a depth of amenities that continues to resonate with end users and investors alike.

Undivided Value Score
OVERALL SCORE:
View Our Full Methodology Page
23 E 22nd St.
A (91/100)
Character Profile
High-visibility luxury asset with an internationally driven buyer and investor mix
SCORE BREAKDOWN BY CRITERION:
Location Power
20%
[95/100]
Steps from Madison Square Park, world-class restaurants and multiple subway lines
Amenity ROI
15%
[90/100]
10,000 sq. ft. fitness center, pool, spa, children's playroom, private lounge
Financial Fundamentals
20%
[88/100]
Competitive psf compared to other Flatiron buildings, history of strong demand
Build & Systems Quality
15%
[94/100]
High-quality conversion, state-of-the-art systems, classic restoration
Sustainability & Wellness
10%
[85/100]
Energy-efficient systems, advanced air filtration
Appreciation Upside
10%
[91/100]
Limited supply and Flatiron's continued desirability
Rental & Exit Liquidity
5%
[90/100]
Strong resale history, diverse buyer base
Lifestyle Fit
5%
[92/100]
Pet-friendly, flexible layouts, luxury services
What Makes This Building Worth Owning
Adaptive Reuse & Systems Quality
  • Modern high-rise construction designed to support long-term efficiency and comfort within a luxury condominium setting.
  • Contemporary mechanical systems and building envelope supporting temperature stability, natural light, and indoor air quality.
  • Wellness-oriented amenities (including a spa, fitness center, and relaxation space) that align with evolving expectations.
Layout Advantage
  • Thoughtfully designed residences ranging from efficient one-bedroom layouts to expansive full-floor homes and penthouses.
  • Floor-to-ceiling windows capture open city skylines, park views, and abundant natural light.
  • Low-density floorplates that support privacy, work-from-home flexibility, and adaptable interior configurations, an increasingly valuable feature in modern luxury condos NYC.
Design Integrity
  • Architectural design by CetraRuddy, balancing contemporary form with a refined material palette.
  • Clean lines, generous proportions, and understated finishes that prioritize livability over trend-driven design.
  • Emphasis on privacy, acoustic separation, and a calm residential experience above the energy of Madison Avenue and Madison Square Park.
Investment Case
  • Boutique scale with approximately 51 residences, reinforcing scarcity and long-term desirability within the Flatiron District condos market.
  • Strong appeal to full-time residents and buyers seeking stable Manhattan condo investment opportunities tied to park-front positioning.
  • Strategic location bridging Midtown, Union Square, and Downtown Manhattan, supporting both lifestyle convenience and resale liquidity.
Amenity Depth
  • Resident-only amenity offering featuring a full-scale fitness center, spa and pool facilities, residents’ lounge, and entertainment spaces.
  • Select lifestyle amenities such as screening rooms and recreational features (including a golf simulator) that enhance day-to-day living without excessive scale.
  • Full-service building experience with 24-hour doorman and concierge services, package handling, and secure resident access, hallmarks of luxury condominiums NYC.
Inside the Building
Photo
Screenshot 2026-03-19 at 4.13.04 PM
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Screenshot 2026-03-19 at 4.13.04 PM
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Madison Square West media
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Concise Neighborhood Summary
Located in the Flatiron District, 23 E 22nd St. places residents at the intersection of historic character and modern city living. Living at 23 East 22nd Street offers immediate access to Madison Square Park, acclaimed dining, cultural destinations, and efficient transit, making One Madison equally compelling as a primary residence or a long-term Manhattan luxury real estate investment.
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