NOT LISTED FOR SALE

1261 Madison Ave Unit 2N New York, NY 10128

Carnegie Hill Neighborhood

Estimated Value: $2,566,000 - $3,613,817

3 Beds
2 Baths
-- Sq Ft
$4,352/mo HOA Fee

Last Sold April 27, 2023

Last sale price $3,500,000

Est. 12% decrease in value since last sale

Current estimated payment $23,711/month

144 Days on Market

Highlights

  • Pre War Building
  • Eat-In Kitchen
  • Laundry Facilities
  • P.S. 6 Lillie D. Blake Rated A
  • Entrance Foyer

About This Home

As of April 2023

This mint three bedroom renovation is of a quality rarely seen. Enter this sunny co-op in the heart of beautiful Carnegie Hill through a semi-private landing into a foyer embellished by an illuminated stained glass window. Adjacent is a 40-foot expanse of public rooms: the west-facing living room and library are bathed in light; the entire residence is pin drop quiet thanks to triple-paned windows. Ten foot ceilings make for a spectacular volume of space. Rift and quarter sawn light oak floors laid in a herringbone pattern complement the bespoke millwork throughout, including floor-to-ceiling French doors and pocket doors that lead from the living room to the library. A “hidden” integrated desk provides for a lovely area for remote work. Down the hall, the primary bedroom suite has an enormous walk-in closet, and features a wall of closets carved in a Moroccan design which, when lit, casts a beautiful pattern of light throughout the bedroom. The primary bath is outfitted with macassar ebony and marble finishes. Two additional split bedrooms share a renovated bathroom. The sun-flooded, east-facing corner dining room faces landscaped townhouse gardens and also functions as a place to watch television and as a home office, as there is a second “hidden” integrated desk. Wainscoted walls and exquisite light oak millwork are additional features. The windowed eat-in kitchen with center island has a SubZero fridge, Viking wine fridge, two Viking ovens, Viking vented cooktop, Miele dishwasher, Miele washer and dryer, ample china and pantry space and a built-in banquette. There are too many architectural elements to detail. Additional complements include oak flooring throughout, custom lighting, custom-designed hardware, built-in shelving and fully outfitted closets. Electrical, plumbing and cable have all been upgraded. One of the first luxury apartment buildings in Carnegie Hill, this Beaux Arts landmarked co-op was designed by Buchman and Fox at the turn of the 19th century. With its tiled mansard roof, rusticated two-story limestone base and grand entranceway, it is beautiful and distinctive, with just 14 apartments on seven floors. Located a stone's throw from the Central Park Reservoir and all this vibrant neighborhood has to offer – including excellent restaurants, food and clothing shopping, museums and many excellent schools. Pet-friendly, the helpful live-in Superintendent accepts packages. There is a laundry room, bike room and private storage. 2% flip tax by buyer. 50% financing permitted. LOW MAINTENANCE.

Last Agent to Sell the Property

Cathy Taub

Sothebys International Realty License #30TA0965648 Listed on: 09/08/2022

Sothebys International Realty

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1900

Lot Details

  • 6,250 Sq Ft Lot

HOA Fees

  • $4,352 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • Entrance Foyer
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Listing and Financial Details

  • Tax Block 01502

Community Details

Overview

  • 14 Units
  • Carnegie Hill Subdivision
  • 7-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1900

Lot Details

0

HOA Fees

$4,352 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Architectural Style: Prewar
  • Entry Level: 2
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 7

Interior Features

  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4352.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Area: 6250.0
  • Lot Size Dimensions: 62.17 x 100.67

Building Info

  • New Construction: No
  • Units: 14
  • Total Stories: 7
  • Year Built: 1900

Tax Info

  • Tax Block: 01502

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $3,500,000 -2.6% --
01/31/2023 01/31/23 Pending -- -- --
10/19/2022 10/19/22 Price Changed $3,595,000 -5.3% --
09/08/2022 09/08/22 For Sale $3,795,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10903537

Real Estate Board of New York (REBNY)

APN: 01502-00202N