$3,300,000
SOLD DEC 18, 2024

1295 Madison Ave Unit 2 B New York, NY 10128

Carnegie Hill Neighborhood
2 Beds
2.5 Baths
1,772 Sq Ft
$3,194/mo HOA Fee

Recently Sold

$1,862 Per Sq Ft

223 Days on Market

Highlights

  • City View
  • Central Air
  • High-Rise Condominium
  • Ps 198 Isador E Ida Straus Rated A
  • West Facing Home

About This Home

As of December 2024

The Final Two-Bedroom Residences at The Wales.

Move-in ready for immediate occupancy.



Every room lining Madison Avenue, this spacious 1,772 square-foot residence has two bedrooms, two bathrooms, and a powder room. Now ready for immediate closing, Residence 2B has western exposures and is one of the most desirable two-bedroom new development condominiums on the Upper East Side.



The entry foyer opens onto a grand living room and dining room with treetop Madison Avenue views and coffered ceilings. Classically scaled yet modern, the open kitchen is perfect for entertaining. Solid white oak floors in a herringbone pattern span the entertaining areas.



The kitchen by interior designer Cabinet Alberto Pinto has custom white lacquer millwork with Art Deco-inspired geometric relief patterning. Countertops and backsplashes are decked in brilliant Crystal Grey calacite slabs. It is appointed with an integrated Sub-Zero refrigerator and wine fridge, Wolf gas range with an outside vented hood, Wolf wall oven, Wolf speed oven, and integrated Cove dishwasher.



Of epic proportions, the primary bedroom suite has two walk-in closets and a five-fixture bath with Bianco Carrera and Grigio Nicola marble flooring. The custom vanity has Bianco Carrera countertops and Kallista chrome fittings.



The secondary bedroom has an en-suite bath with Bianco Estremoz marble countertops and Crema Marfil and Bianco Estremoz marble tile flooring and walls. The powder room features White Civec marble walls and Calacatta Oro marble floors and wainscoted walls. In its own utility closet are the washer, vented dryer, and dedicated wash sink. The zoned heating and cooling system and Kohler Aquifer water filtration system offer complete comfort.



Now offering immediate closings, The Wales is a beloved Carnegie Hill landmark reimagined for full-service condominium living on the Upper East Side. The elegant 24-hour attended lobby features coffered ceilings, a custom walnut and marble concierge desk, and antique mirrored walls. Amenities include a sophisticated oak-paneled fitness center with Peloton and Hydrow equipment, a pet spa with grooming station, cold storage with the doorman, bicycle storage, and private storage for purchase.





The complete offering terms are in an offering plan available from the Sponsor. File# CD200207. Sponsor Name: 1295 Property LLC, 1636 A Third Avenue, New York, NY 10128.

Last Agent to Sell the Property

The Wales Sales Office

Corcoran Sunshine Marketing Group Listed on: 03/26/2024

Corcoran Sunshine Marketing Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,976

Year Built

  • Built in 2023

HOA Fees

  • $3,194 Monthly HOA Fees

Interior Spaces

  • 1,772 Sq Ft Home
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • West Facing Home
  • Central Air

Community Details

  • 21 Units
  • High-Rise Condominium
  • The Wales Condos
  • Carnegie Hill Subdivision
  • 11-Story Property

Listing and Financial Details

  • Legal Lot and Block 0020 / 01504

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,976

Year Built

Built in 2023

Lot Details

0

HOA Fees

$3,194 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets allowed,Building Pets Allowed Comments:Pets allowed
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Dining Area
  • Fireplace: No
  • Living Area: 1772.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3194.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE WALES
  • Units: 21
  • Total Stories: 11
  • Year Built: 2023

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01504
  • Tax Lot: 0020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Dec 17, 2024
Sold by
1295 Property Llc
Bought by
Qian Hongzhuan
Seller's Agent
The Wales Sales Office
Corcoran Sunshine Marketing Group
List Price
$3,300,000
Sold Price
$3,300,000
Views
16
Current Estimated Value
$3,312,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,623
Avg. Annual Appreciation
-4.26%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,271,732 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $3,300,000 0.0% $1,862 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $3,300,000 0.0% $1,862 / Sq Ft
06/10/2024 06/10/24 Off Market $3,300,000 -- --
04/02/2024 04/02/24 Price Changed $3,300,000 -5.7% $1,862 / Sq Ft
03/29/2024 03/29/24 For Sale $3,500,000 +6.1% $1,975 / Sq Ft
03/27/2024 03/27/24 Off Market $3,300,000 -- --
03/27/2024 03/27/24 For Sale $3,500,000 -- $1,975 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,976 $278,054 $109,869 $168,185
2024 $34,976 $279,764 $109,869 $169,895
2023 $34,142 $273,095 $109,869 $163,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973565

Real Estate Board of New York (REBNY)

APN: 1504-1104