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  • $6,950,000

    1285 Madison Ave, New York, NY 10128

    5beds
    5,283sqft
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    Mixed Use
    Built in 1910
    -- sqft lot
    $6,970,000 Zestimate®
    $1,316/sqft
    $-- HOA

    What's special

    Wood-burning fireplacesOriginal parquet floorsSoaring ceilingsThree renovated full-floor residencesGracious bay windowsIntricate millworkIn-unit laundry
    Positioned along Madison Avenue in prime Carnegie Hill, 1285 Madison Avenue is a beautifully maintained, 20-foot-wide mixed-use townhouse offering enduring architectural charm and an established income stream. Spanning approximately 5,283 square feet across five stories, the property comprises two commercial spaces and three renovated, full-floor residences. Could be delivered fully vacant, all free-market tenants with compelling CAP rate for investment purposes. The residential interiors blend prewar character with thoughtfully updated kitchens and baths. Select apartments feature gracious bay windows, soaring ceilings, original parquet floors, wood-burning fireplaces, intricate millwork and in-unit laundry. East and west exposures welcome lovely natural light, with rear outlooks over neighboring townhouse gardens. Surrounded by Carnegie Hill’s fine shops and restaurants, moments from Central Park, the Reservoir and Museum Mile, this distinctive property offers a compelling opportunity to acquire an income-producing townhouse in one of Manhattan’s most coveted neighborhoods.
    24 days
    1,069
    66

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sotheby's International Realty 917-763-8504,

    Kristi Ambrosetti

    Source: StreetEasy,MLS#: S1854074

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 3
      • 1/2 bathrooms: 5
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Has fireplace: Yes
      Interior area
      • Total structure area: 5,283
      • Total interior livable area: 5,283 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Garden
      Details
      • Parcel number: 015030055
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Subdivision: Carnegie Hill
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,316/sqft
      • Tax assessed value: $3,755,000
      • Annual tax amount: $118,716
      • Date on market: 10/21/2026

        Estimated market value

        $6,970,000

        $6.62M - $7.32M

        Not available

        Price history

        DateEventPrice
        10/21/2026Listed for sale$6,950,000+169.9%$1,316/sqft
        Source: StreetEasy #S1854074 Report a problem
        2/22/2023Sold$2,575,000$487/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$119,300 +3.2%$1,689,750 +20%
        2024$115,620 +10.1%$1,408,050 -15%
        2023$105,044 $1,657,350 -20%
        2022-- $2,071,800 +25%
        2021-- $1,657,350 +3%
        2020-- $1,609,200 +20%
        2019$88,733 +6.8%$1,340,820 +103.6%
        2018$83,076 +7.1%$658,703 +8%
        2017$77,575 +6.6%$609,911 +8%
        2016$72,806 $564,734
        2015$72,806 +131%$564,734 +3.2%
        2014$31,511 $547,229
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper East Side

        Getting around

        99 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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