NOT LISTED FOR SALE

1295 Madison Ave Unit 6 B New York, NY 10128

Carnegie Hill Neighborhood

Estimated Value: $4,423,000 - $6,835,000

3 Beds
3 Baths
2,379 Sq Ft
$4,373/mo HOA Fee

Last Sold March 29, 2023

Last sale price $6,292,087 $2,645 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $38,106/month

2 Days on Market

Highlights

  • Newly Remodeled
  • Ps 198 Isador E Ida Straus Rated A
  • Pre War Building

About This Home

As of March 2023

Residence 6B is a spacious 2,379 square foot half floor residence with three bedrooms, three bathrooms, and a powder room. This home includes a gracious foyer, with an entry closet, which leads into a 29'10" great room with corner windows taking advantage of the light filled Northwest 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. 6B 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.

Last Agent to Sell the Property

John Forbes

Corcoran Sunshine Marketing Group License #40FO1010843 Listed on: 01/04/2023

Corcoran Sunshine Marketing Group

Co-Listed By

DAWN DAVID

Corcoran Group License #10301220589

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $58,440

Year Built

  • Built in 1902 | Newly Remodeled

Lot Details

  • 6,273

HOA Fees

  • $4,373 Monthly HOA Fees

Home Design

  • 2,379 Sq Ft Home
  • Pre War Building
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 21 Units
  • The Wales Condos
  • Upper East Side Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 01504

Property Details

Home Type

Condominium

Est. Annual Taxes

$58,440

Year Built

Built in 1902 | Newly Remodeled

Lot Details

0

HOA Fees

$4,373 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2379.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4373.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE WALES
  • Units: 21
  • Total Stories: 11
  • Year Built: 1902

Tax Info

  • Tax Block: 01504
  • Tax Annual: 58440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 29, 2023
Sold by
1295 Property Llc
Bought by
Chang Young Soo
Seller's Agent
John Forbes
Corcoran Sunshine Marketing Group
List Price
$6,725,000
Sold Price
$6,292,087
Premium/Discount to List
-$432,913
-6.44%
Views
1
Current Estimated Value
$5,626,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$665,605
Avg. Annual Appreciation
-4.26%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Chang Young Soo $6,292,087 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $6,292,087 -6.4% $2,645 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $6,725,000 -- $2,827 / 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 $47,896 $380,768 $150,455 $230,313
2024 $47,896 $383,110 $150,455 $232,655
2023 $46,755 $373,977 $150,455 $223,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10890743

Real Estate Board of New York (REBNY)

APN: 1504-1116