Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1228 MADISON Avenue #3FLOOR

For Sale · Listing by Corcoran Group

1228 MADISON Avenue #3FLOOR

Carnegie Hill, Manhattan

$5,900,000

Interested in this property?
Active For Sale • Co-op

$5,900,000

$1,881 per sq ft

1228 MADISON Avenue #3FLOOR

Carnegie Hill, Manhattan

1228 Madison Avenue

MLS® #RLS20114643

RLS at REBNY

Listing by Corcoran Group

4
Bedrooms
3.5
Baths
3,136
Sq. Ft.
2021
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Living Area 3,136 sq ft
Year Built 2021
Ownership Co-op
Maintenance $17,600/mo
Neighborhood Carnegie Hill
Floor 3 of 19

Property Highlights

  • Views: Other
  • Exposure: East facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 3 Full, 1 Half
Floor 3 of 19
View Other
Exposure East
Cooling Central Air
Pets Yes
Year Built 2021 (New)
Living Area 3,136 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01500/0054

Listing History

Event Date Price Change
Listed Sep 28, 2026 $5,900,000 -
Currently Sep 28, 2026 $5,900,000 -

Description

Welcome to Residence 3 at 1228 Madison Avenue, a luxurious 3,136 square foot home that combines the elegance of a cooperative with the flexibility of condo rules. This exquisite 4-bedroom, 3.5-bathroom residence offers grand proportions and sophisticated design elements throughout. Enter through a private elevator vestibule into a space adorned with custom stained white oak chevron flooring. The expansive living room, with its commanding views over Madison Avenue, provides an ideal setting for both relaxation and entertaining. The Molteni-designed eat-in kitchen is a culinary masterpiece, featuring matte white lacquer cabinetry accented with white oak, honed Calacatta Estremoz countertops, and a built-in breakfast counter. High-end appliances from Lacanche, Sub-Zero, Wolf, and Miele complete this chef's dream. The primary suite is a sanctuary of luxury, boasting two walk-in closets and a windowed bathroom clad in Bianco Oro marble. Indulge in the soaking tub, oversized shower, and enjoy the custom lighting by Kelly Behun, complemented by Waterworks nickel fixtures and radiant heated floors. Two additional bedrooms share a spacious en-suite bath with Calacatta marble and Waterworks fixtures. A versatile fourth bedroom or library offers an en-suite bathroom and picturesque views of Madison Avenue. The powder room features honed Italian Burlesque marble and elegant brass accents. Additional conveniences include a laundry room with side-by-side washer and dryer, custom cabinetry, a separate refuse room, and a dedicated storage unit in the building's lower level. 1228 Madison Avenue is an exclusive 13-unit cooperative designed by Robert A. M. Stern Architects and Kelly Behun Studio, known for their impeccable craftsmanship and attention to detail. Residents enjoy amenities such as a full-time doorman and concierge, a state-of-the-art fitness center with Technogym equipment, a package room, private storage, and bike storage. Experience the pinnacle of luxury living in this prestigious Upper East Side location.

Features & Amenities

Interior Features

Dining Area Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Concierge

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $17,600/mo
Land Lease Yes

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

93

Median Asking Price

$2.25M

Median $/Sqft

$1,600

Avg Days on Market

N/A

New This Week

8

Price Reduced

33%

Sold (30 Days)

12

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 9/28/26, 5:43 PM EST

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Location

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1228 MADISON Avenue #3FLOOR, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2019
Year Built
7 years old
17
Floors
13
Residential Units
R10
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $9,929,250
Land Value: $1,198,800
Exemptions: $0

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

Lot Area: 5,625 SF
Building Area: 62,141 SF
Built FAR: 11.05
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 monthly maintenance are $17,600 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 3,136 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: n/a,Building Pets Allowed Comments:n/a. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $5,900,000 for 3,136 sq ft, the asking price per square foot is approximately $1,881. 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 milton@miltoncoste.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: RLS20114643
First Listed: 9/11/2026
On Market: 9/28/2026
Contract Date: 9/11/2026

Listing Courtesy of Corcoran Group - Karen Janine Ordonez

Listing Contact: (212) 355-3550

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 9/28/2026 at 9:43 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Carnegie Hill Market Update

12 sales last 30 days · $2.25M median · 7.8 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 3 of 19
Year Built 2021
First Listed 9/11/2026
Living Area 3,136 sqft
Maintenance $17,600/mo

Monthly Costs Estimate

Down Payment 20%

$1,180,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $17,600
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$132,750

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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