Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,638,125

· Closed March 15, 2023

1295 MADISON Avenue #7B
Closed For Sale Condo

$6,638,125

$2,790 per sq ft

1295 MADISON Avenue #7B

Upper East Side, Manhattan

THE WALES

MLS® #RLS10890742

RLS at REBNY

Listing by Corcoran Sunshine Marketing Group

3

Bedrooms

3.5

Baths

2,379

Sq. Ft.

1902

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,379 sq ft
Year Built 1902
Ownership Condo
HOA/Common Charges $4,395/mo
Property Taxes $58,716/yr
Neighborhood Upper East Side
Floor 7 of 11

Property Highlights

  • Exposure: North,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1902)

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full, 1 Half
Floor 7 of 11
Exposure North,West
Pets Yes
Year Built 1902 (New)
Living Area 2,379 sq ft
Architectural Style Prewar
Parcel # 1504-1118

Listing History

Event Date Price Change
Listed Sep 20, 2023 $6,495,000 -
Currently May 3, 2026 $6,638,125 +2.2%

Description

Residence 7B 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. 7B 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.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $4,395/mo
RE Taxes $58,716/yr ($4,893/mo)
Original Price $6,495,000
Sale Price $6,638,125

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

338

Median Asking Price

$1.67M

Median $/Sqft

$1,534

Avg Days on Market

N/A

New This Week

29

Price Reduced

30%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/3/26, 5:52 AM EST

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Location

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1295 MADISON Avenue #7B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
11
Floors
21
Residential Units
R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $8,854,343
Land Value: $3,289,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,266 SF
Building Area: 51,092 SF
Built FAR: 8.15
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $4,395 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $58,716, or roughly $4,893 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,379 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1902, making it approximately 124 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $6,638,125 for 2,379 sq ft, the asking price per square foot is approximately $2,790. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10890742
First Listed: 9/20/2023
Price Changed: 9/20/2023
Closed: 3/15/2023
Contract Date: 2/10/2022

Listing Courtesy of Corcoran Sunshine Marketing Group - John Forbes

Listing Contact: (917) 923-3076

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/3/2026 at 9:52 AM UTC

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