NOT LISTED FOR SALE

1295 Madison Ave Unit 5 A New York, NY 10128

Carnegie Hill Neighborhood

Estimated Value: $3,923,000 - $5,182,000

3 Beds
3.5 Baths
2,184 Sq Ft
$3,995/mo HOA Fee

Last Sold April 15, 2024

Last sale price $4,995,000 $2,287 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $32,464/month

158 Days on Market

Highlights

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

About This Home

As of April 2024

Welcome to Residence 5A, the final three-bedroom at The Wales.

Ready for immediate occupancy, Residence 5A is a spacious 2,184 square-foot home with three bedrooms, three bathrooms, and a powder room. This home includes a gracious foyer, with an entry closet, which leads into a 31' 6" great room with corner windows taking advantage of the light-filled southwest exposures.

Interiors, custom designed by Cabinet Alberto Pinto, are outfitted with custom decorative cornices and base moldings, white oak flooring in a natural waxed finish in a herringbone pattern in entertaining rooms, and nearly 10' ceilings. 5A features a utility room with a side-by-side washer / vented dryer and stainless-steel sink. Each home includes a zoned heating and cooling system which assures year-round comfort.

The custom-designed Cabinet Alberto Pinto kitchen is perfect for at-home gourmets, featuring a white lacquer island with crystal gray calcite slab countertops and backsplashes. Custom white lacquer cabinetry designed with an Art Deco-inspired geometric relief pattern including an inset stainless steel detail. Kitchen appliances include a Sub-Zero refrigerator and wine storage, a Wolf gas range, oven, and speed oven with an outside vented hood, and a Cove dishwasher.

The impeccably designed primary bedroom suite includes an oversized walk-in closet and features a five-fixture bathroom with Bianco Carrera and Grigio Nicola marble geometric tile flooring. The custom-designed white glossy lacquer vanity has Bianco Carrera countertops and Kallista fittings in a chrome finish.

The secondary bedrooms feature en-suite bathrooms with custom vanities in a beige glossy lacquer finish and 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.

The Wales' 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, bicycle storage, and private storage for purchase. The Wales Condominium is ready for immediate occupancy.

The artist and computer renderings and interior decorations, finishes, fixtures, appliances and furnishings are provided for illustrative purposes only. Sponsor makes no representation or warranties except as may be set forth in the Offering Plan. Computer and artist renderings reflect the planned scale and spirit of the Building. Sponsor makes no representation that future construction in the neighborhood surrounding the Condominium will not result in the obstruction of the views from any windows and/or Terraces. Sponsor reserves the right to make substitutions of material, equipment, fixtures, finishes and appliances in accordance with the terms of the Offering Plan. 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: 04/08/2022

Corcoran Sunshine Marketing Group

Co-Listed By

John Forbes

Corcoran Sunshine Marketing Group License #40FO1010843

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,376

Year Built

  • Built in 2023

Lot Details

  • 6,273

HOA Fees

  • $3,995 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,184 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • 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

$53,376

Year Built

Built in 2023

Lot Details

0

HOA Fees

$3,995 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Entry Level: 5
  • 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

  • Fireplace: No
  • Living Area: 2184.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s), Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3995.0
  • 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
  • Tax Annual: 53376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Apr 15, 2024
Sold by
1295 Property Llc
Bought by
Kim Lauren Bokyung
Seller's Agent
The Wales Sales Office
Corcoran Sunshine Marketing Group
List Price
$4,995,000
Sold Price
$4,995,000
Views
46
Current Estimated Value
$4,695,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,136
Avg. Annual Appreciation
-3.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Lauren Bokyung $4,850,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $4,995,000 0.0% $2,287 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
10/27/2023 10/27/23 Off Market $4,995,000 -- --
10/26/2023 10/26/23 For Sale $4,995,000 0.0% $2,287 / Sq Ft
10/26/2023 10/26/23 Off Market $4,995,000 -- --
10/22/2023 10/22/23 For Sale $4,995,000 0.0% $2,287 / Sq Ft
10/10/2023 10/10/23 Off Market $4,995,000 -- --
10/03/2023 10/03/23 Price Changed $4,995,000 -20.4% $2,287 / Sq Ft
09/20/2023 09/20/23 For Sale $6,275,000 -- $2,873 / 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 $43,755 $347,844 $137,445 $210,399
2024 $43,755 $349,982 $137,445 $212,537
2023 $42,712 $341,639 $137,445 $204,194
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10950048

Real Estate Board of New York (REBNY)

APN: 1504-1112