Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $26,000,000

· Closed June 30, 2023

1165 Madison Avenue #PH-A
Closed For Sale Condo

$26,000,000

$4,991 per sq ft

1165 Madison Avenue #PH-A

Upper East Side, Manhattan

MLS® #RLS10862400

RLS at REBNY

Listing by Compass

5

Bedrooms

5.5

Baths

5,209

Sq. Ft.

2024

Year Built

Quick Summary

Bedrooms 5
Bathrooms 6 full, 1 half
Living Area 5,209 sq ft
Year Built 2024
Ownership Condo
HOA/Common Charges $8,001/mo
Property Taxes $49,632/yr
Neighborhood Upper East Side
Floor 14 of 14

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 5 Full, 1 Half
Floor 14 of 14
View City
Exposure North
Cooling Central Air
Pets Yes
Cross Street East 86th Street/East 85th Street
Year Built 2024 (New)
Living Area 5,209 sq ft
Block/Lot 1497/53

Listing History

Event Date Price Change
Listed May 11, 2022 $26,000,000 -
Currently May 1, 2026 $26,000,000 -

Description

The Bellemont is a residential masterpiece designed by Robert A.M. Stern Architects with interiors by Achille Salvagni creating a new architectural legacy on the Upper East Side. Comprised of a limited collection of twelve elegant residences at the corner of Madison Avenue and 86th Street, this remarkable building is developed by Naftali Group and is just one block from Central Park. With a facade of sculpted hand-laid Indiana limestone graced with dramatically scaled windows, the building rises up from the street corner as if it had always been there welcoming residents through intricate metal-work doors on famed Madison Avenue.

The common areas of The Bellemont reflect a careful curation of places residents will want to visit daily: an enchanting rooftop terrace with spectacular views of Central Park, a state-of-the-art screening room, regulation squash court, inspired children's playroom, and a holistic fitness space with every asset needed for optimal performance. The sophisticated lobby at The Bellemont will be attended 24-hours with a doorman and concierge services.

The complete offering terms are in an offering plan available from the sponsor, file number CD21-0058.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $8,001/mo
RE Taxes $49,632/yr ($4,136/mo)
Sale Price $26,000,000

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

337

Median Asking Price

$1.72M

Median $/Sqft

$1,536

Avg Days on Market

N/A

New This Week

24

Price Reduced

30%

Sold (30 Days)

34

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 5/1/26, 11:24 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

1165 Madison Avenue #PH-A, Upper East Side, New York County • Near East 86th Street/East 85th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2021
Year Built
5 years old
14
Floors
11
Residential Units
C5-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $22,705,649
Land Value: $2,357,549
Exemptions: $0

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

Lot Area: 6,358 SF
Building Area: 62,480 SF
Built FAR: 9.83
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 $8,001 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $49,632, or roughly $4,136 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 5 full bathrooms and 1 half bathroom.

The listed interior living area is 5,209 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2024, making it approximately 2 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $26,000,000 for 5,209 sq ft, the asking price per square foot is approximately $4,991. 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: RLS10862400
First Listed: 5/11/2022
Price Changed: 5/11/2022
Closed: 6/30/2023
Contract Date: 5/10/2022

Listing Courtesy of Compass - Alexa Lambert

Listing Contact: (917) 403-8819

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 5/1/2026 at 3:24 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton