Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1228 MADISON Avenue #7

For Sale · Listing by Douglas Elliman Real Estate

1228 MADISON Avenue #7

Carnegie Hill, Manhattan

$6,995,000

Interested in this property?
Active For Sale Co-op

$6,995,000

$2,231 per sq ft

1228 MADISON Avenue #7

Carnegie Hill, Manhattan

1228 Madison Avenue

MLS® #RLS20100114

RLS at REBNY

Listing by Douglas Elliman Real Estate

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 $18,207/mo
Neighborhood Carnegie Hill
Floor 7 of 19

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 3 Full, 1 Half
Floor 7 of 19
View City
Exposure East,West
Cooling Central Air
Pets Yes
Year Built 2021 (New)
Living Area 3,136 sq ft
Structure Type HighRise
Basement Other
Parcel # 1500-0054-01228-000-0000007
Block/Lot 01500/0054

Listing History

Event Date Price Change
Listed Jun 26, 2026 $6,995,999 -
Currently Aug 13, 2026 $6,995,000 -0.0%

Description

CONDOP. Not a co-op. This is a favorable land lease building. Resident lounge coming soon! Currently presented via virtual renderings; scheduled for completion July 2026. The Seventh Floor at 1228 Madison Avenue is a 4-bedroom, 3.5-bath full-floor home spanning 3,136 ft (291 m), with desirable east and west exposures. A private elevator vestibule leads to a dramatic 8' white oak entry door, opening into an elegant foyer with custom-stained white oak flooring in a chevron pattern. This distinctive flooring carries through the main living spaces, culminating in a nearly 30' great room flooded with natural light from one floor-to-ceiling window and three Juliette balconies overlooking Madison Avenue. Adjacent to the great room and separated by pocket doors, the sunny eat-in kitchen features white matte lacquer Molteni cabinetry with white oak tambour detailing, and honed Calacatta Estremoz slab countertops, backsplash, and seating at a built-in breakfast counter. Top-tier appliances include a Lacanche 7-burner range, along with Wolf, Miele, and Sub-Zero appliances, wine refrigerator, and full-height pantry. The bedroom wing features 7" white oak plank flooring throughout. The spacious primary suite offers two oversized closets and a luxurious windowed 5-fixture bath with Bianco Oro marble slab walls and radiant-heated floors, a limed oak millwork vanity, custom medicine cabinets and lighting by Kelly Behun Studio, and Waterworks fixtures in burnished nickel. Secondary bedrooms each have en-suite baths with radiant-heated honed Calacatta marble floors, glazed white ceramic wall tiles, arched tiled surrounds, white matte lacquer vanities, and Waterworks polished nickel fixtures. The powder room makes a striking impression with honed Italian Burlesque marble slab floors and wainscot, a matching marble sink and countertop, and Waterworks burnished nickel fixtures. A brass-framed arched mirror and aged brass pendant sconce complete the design. Additional conveniences include a generous laundry room with side-by-side washer and dryer, custom millwork cabinetry with stainless steel sink, a discreet refuse room for contactless deliveries, private storage, and multi-zone heating and cooling throughout. No detail has been overlooked in this meticulously designed and thoughtfully appointed residence. 1228 Madison Avenue is a boutique 13-unit co-op with condo rules, crafted by the talented artisans at Robert A.M. Stern Architects and Kelly Behun Studio. Amenities include a full-time doorman and concierge, a furnished rooftop terrace with views of Central park, a fitness center and training studio with the latest Technogym equipment, package room and bike storage.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Bike Storage Concierge Storage

Building Information

Financial Details

Maintenance $18,207/mo
Original Price $6,995,999
Previous Price $6,995,999
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

77

Median Asking Price

$2.69M

Median $/Sqft

$1,666

Avg Days on Market

N/A

New This Week

0

Price Reduced

43%

Sold (30 Days)

7

Median Sale Price

$1.30M

Live data from RLS at REBNY • Updated 8/13/26, 11:57 AM EST

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Location

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1228 MADISON Avenue #7, 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 $18,207 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 $6,995,000 for 3,136 sq ft, the asking price per square foot is approximately $2,231. 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: RLS20100114
First Listed: 6/26/2026
On Market: 6/26/2026
Price Changed: 6/26/2026
Contract Date: 6/26/2026

Listing Courtesy of Douglas Elliman Real Estate - Ruthie Assouline

Listing Contact: (305) 458-8331

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 8/13/2026 at 3:57 PM UTC

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Carnegie Hill Market Update

7 sales last 30 days · $2.69M median · 11 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 7 of 19
Year Built 2021
First Listed 6/26/2026
Living Area 3,136 sqft
Maintenance $18,207/mo

Monthly Costs Estimate

Down Payment 20%

$1,399,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $18,207
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

$157,388

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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