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Off market
  • $3,863,700

    1261 Madison Ave #5S, Manhattan, NY 10128

    3beds
    2,150sqft
    Cooperative
    Built in 1901
    -- sqft lot
    $3,863,700 Zestimate®
    $1,797/sqft
    $9,158 Estimated rent

    Home value

    $3,863,700

    $3.40M - $4.40M

    $9,158/mo

    Zestimate® history
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    Owner options

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    $9,158/mo

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    $9,158/mo

    Rent Zestimate®

    Refinance and save

    $21,913/mo

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    $21,913/mo

    Est. payment

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    What's special

    Madison avenueSolid oak floorsEat-in kitchenRadiant floors

    This is a rare opportunity to own a one-of-a-kind apartment in one of Carnegie Hill's oldest, most desirable and distinctive buildings - 1261 Madison Avenue. Gracious and light filled, Apartment 5S has been fully renovated to the highest standards by the current owners in partnership with celebrated designer Harry Schnaper. Measuring approximately 2,150 square feet, one enters this spectacular three bedroom apartment through a windowed and gracious entry vestibule, which leads to the magnificent living spaces--which span along Madison Avenue and the corner of 90th St -- with oversized arched windows letting in the light and air. Boasting 9'10" foot ceilings, the library/office, dining and living spaces are all open to one another with cased pocket doors, allowing for separation of the spaces, when needed, and a vast expanse when open. A suite of secondary bedrooms, equipped with generous closets and custom milled desk and bookshelves, provide wonderful bedroom spaces complete with two fully-renovated bathrooms with radiant floors. The primary bedroom suite faces South and is complete with custom built-in cabinetry in the primary closet with a handsome spa like bath, including custom millwork and marble finishes, as well as radiant floor. The custom milled eat-in kitchen with window, has top of the line appliances, Subzero refrigerator and freezer, Wolf 6 burner gas stove, Miele dishwasher and GE wine refrigerator and Asko washer/dryer. Solid oak floors in all of the rooms are new with the renovation. All of the systems in this apartment have been thoughtfully done - including plumbing, new electrical, AV as well as central air conditioning. 1261 Madison Avenue is a pet-friendly non-doorman building with a fastidious live-in Superintendent. The building has both a laundry room and a bike room; Apartment 5S will be transferred with an additional storage room in the basement. The Neighborhood From 1899 to 1902, Andrew Carnegie and his wife Louise Whitfield built their remarkable 64-room brick and stone Georgian-revival house, now known as the Cooper-Hewitt, Smithsonian Design Museum. The house was groundbreaking and a catalyst for development, giving rise to the neighborhood known as Carnegie Hill. 1261 Madison Avenue was one of the first luxury apartment buildings in Carnegie Hill: designed by Buchman and Fox, construction began in 1900 and was completed a year later. 1261 Madison Avenue was designated a historically significant city landmark in 1974; with its tiled mansard roof, rusticated two-story limestone base and grand entranceway, and it remains one of the most beautiful and distinctive structures in the area. It is an intimate boutique building with just 14 apartments on seven floors. Located in the absolute heart of Carnegie Hill just a stone's throw from the Central Park Reservoir and all that this vibrant neighborhood has to offer - including amazing restaurants and shopping. There is a 2% flip tax paid by buyer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 2,150 sqft

    Property

    Details
    • Parcel number: 01502002010469845S

    Construction

    Type & style
    • Home type: Cooperative
    Condition
    • Year built: 1901

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $5,579 monthly
    Location
    • Region: Manhattan

    Financial & listing details

    • Price per square foot: $1,797/sqft

    Price history

    DateEventPrice
    10/12/2021Sold$3,725,000-6.8%$1,733/sqft
    Source: Public Record Report a problem
    7/6/2021Pending sale$3,995,000$1,858/sqft
    Source: StreetEasy Report a problem
    4/27/2021Listed for sale$3,995,000+121.9%$1,858/sqft
    Source: StreetEasy Report a problem
    1/23/2010Sold$1,800,000$837/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2010-- --
    2009-- --
    Find assessor info on the county website

    Neighborhood: Upper East Side

    Nearby schools

    GreatSchools rating