Under Contract – Backup offers may be accepted
Pending · Listing by Douglas Elliman Real Estate
1228 MADISON Avenue #FLOOR4
Carnegie Hill, Manhattan
$6,350,000
1228 MADISON Avenue #FLOOR4
MLS® #RLS20072665
Listing by Douglas Elliman Real Estate
- 4
- Bedrooms
- 3.5
- Baths
- 3,136
- Sq. Ft.
- 2021
- Year Built
Quick Summary
Property Highlights
- Views: City, Park Greenbelt
- Exposure: East,West facing
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Feb 18, 2026 | $6,350,000 | - |
| Currently | Aug 15, 2026 | $6,350,000 | - |
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 Fourth 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 continues through the main living spaces, culminating in a nearly 30' great room bathed in natural light from five oversized windows 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-p 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
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Carnegie Hill
View All Carnegie Hill ListingsCarnegie 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 NeighborhoodActive Listings
73
Median Asking Price
$2.63M
Median $/Sqft
$1,627
Avg Days on Market
N/A
New This Week
0
Price Reduced
44%
Sold (30 Days)
7
Median Sale Price
$1.38M
Live data from RLS at REBNY • Updated 8/15/26, 12:59 PM EST
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Location
1228 MADISON Avenue #FLOOR4, Carnegie Hill, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $17,509 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 $6,350,000 for 3,136 sq ft, the asking price per square foot is approximately $2,025. 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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 8/15/2026 at 4:59 PM UTC
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Carnegie Hill Market Update
7 sales last 30 days · $2.63M median · 10.4 months supply
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Quick Facts
Monthly Costs Estimate
$1,270,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
$142,875
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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