Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $11,385,000

· Closed May 16, 2022

1228 MADISON Avenue #FLOOR9
Closed For Sale Co-op

$11,385,000

$2,829 per sq ft

1228 MADISON Avenue #FLOOR9

Upper East Side, Manhattan

1228 MADISON AVENUE

MLS® #RLS10784935

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

6.5

Baths

4,025

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 5
Bathrooms 7 full, 1 half
Living Area 4,025 sq ft
Year Built 2021
Ownership Co-op
Maintenance $17,643/mo
Neighborhood Upper East Side
Floor 9 of 19

Property Highlights

  • Exposure: East,North,South,West facing
  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 6 Full, 1 Half
Floor 9 of 19
Exposure East,North,South,West
Pets Yes
Cross Street EAST 88 STREET and EAST 89 STREET
Year Built 2021 (New)
Living Area 4,025 sq ft

Listing History

Event Date Price Change
Listed Jan 18, 2022 $11,385,000 -
Price Reduced May 18, 2022 $10,500,000 -7.8%

Description

Co-op with Condominium Rules.
Occupancy in Early 2022.

The Ninth Floor at 1228 Madison Avenue is a 5 bedroom/6.5 bath full-floor home, spanning 4,025 Sq. Ft. (374 Sq. M.) with north, east, south and west exposures. The elegant elevator vestibule leads to the dramatic 8' white oak entry door, and opens into an entry foyer with custom stained white oak floor in a chevron pattern. The chevron pattern continues through the living spaces of the residence, leading to the gracious 28' great room, bathed in natural light from oversized windows that look out onto Madison Avenue. Separated from the great room by a pair of pocket doors, the sunny eat-in kitchen features white matte lacquer Molteni cabinetry with white oak tambour detail, and honed Calacatta Estremoz slab countertops, backsplash and island with seating for four, as well as a built-in banquette. The kitchen is fully-equipped with a Lacanche 7-burner range, a suite of Wolf, Miele and Sub-Zero appliances, and a wine refrigerator.

Beyond the living spaces, 7' white oak plank flooring runs throughout the bedroom wings. The spacious master bedroom suite features two oversized closets and two master baths with Bianco Oro marble slab walls and matching marble floor tiles with radiant heat, millwork vanity with limed oak finish, custom-designed medicine cabinet and wall sconces by Kelly Behun Studio, and burnished nickel fixtures by Waterworks throughout.

The secondary bedrooms feature oversized closets and en-suite baths with the elegant combination of honed Calacatta marble floor tile with radiant heat, white matte lacquer vanities with custom medicine cabinet above, polished nickel fixtures by Waterworks, and either a stall shower clad in honed Calacatta marble wall tile or a soaking tub with glazed white ceramic wall tiles forming a tiled arch overhead.

The powder room located off of the entry foyer makes a beautiful statement using honed Italian Burlesque marble slab floor and wainscot, with a matching marble sink, countertop and apron, and Waterworks fixtures in burnished nickel. The mirror with arching silhouette framed in natural brass finish, sits beside an aged brass pendant wall sconce to complete the design.

The residence conveniently features a generous laundry room, with side-by-side washer and dryer, and custom millwork cabinetry with stainless steel sink. The residence also offers the special convenience of a discreet refuse room, which allows for contactless deliveries, as well as storage located in the lower level of the building. No detail was overlooked in the design of this residence with a multi-zone heating and cooling system that carefully controls the interior climate throughout.

The homes are partnered with a thoughtfully curated suite of amenity spaces, including a state-of-the-art fitness center and training studio, designed by Kelly Behun Studio and outfitted with Technogym equipment. The crown of the building features the residents? roof terrace offering panoramic views from the Midtown Skyline to Central Park, the Jacqueline Kennedy Onassis Reservoir, and the beautiful skyline of Central Park West from across the treetops. This thoughtful offering is complete with the convenience of a full-time doorman and concierge, package room, residents? storage and bicycle storage.

The complete offering terms are in an offering plan available from sponsor. File No. CD 19-0008. Sponsor: 1228 Madison Development Lessee LLC, 540 Madison Avenue, New York, NY 10022. Development: 1228 Madison Owners Corp., 1228 Madison Avenue, New York, NY 10128.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Maintenance $17,643/mo
Sale Price $11,385,000
Previous Price $10,500,000

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

342

Median Asking Price

$1.82M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

20

Price Reduced

29%

Sold (30 Days)

39

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/10/26, 3:29 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

1228 MADISON Avenue #FLOOR9, Upper East Side, New York County • Near EAST 88 STREET and EAST 89 STREET

Floor Plans

Floor Plan 1
Floor Plan 2

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 $17,643 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 6 full bathrooms and 1 half bathroom.

The listed interior living area is 4,025 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $11,385,000 for 4,025 sq ft, the asking price per square foot is approximately $2,829. 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: RLS10784935
First Listed: 1/18/2022
Price Changed: 5/18/2022
Closed: 5/16/2022
Contract Date: 10/27/2020

Listing Courtesy of Corcoran Group - Sales Office 1228 Madison Avenue

Listing Contact: (212) 828-2828

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 5/10/2026 at 7:29 AM UTC

Buying a Co-op? Start Here

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

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

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

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