Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $19,725,000

· Closed June 15, 2022

1228 MADISON Avenue #DUPLEXPH
Closed For Sale Co-op

$19,725,000

$3,004 per sq ft

1228 MADISON Avenue #DUPLEXPH

Upper East Side, Manhattan

1228 MADISON AVENUE

MLS® #RLS10784937

RLS at REBNY

Listing by Corcoran Group

6

Bedrooms

7

Baths

6,566

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 6
Bathrooms 7
Living Area 6,566 sq ft
Year Built 2021
Ownership Co-op
Maintenance $30,187/mo
Neighborhood Upper East Side
Floor 15 of 19

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 11
Baths 7 Full
Floor 15 of 19
Exposure East,North,South,West
Pets Yes
Cross Street EAST 88 STREET and EAST 89 STREET
Year Built 2021 (New)
Living Area 6,566 sq ft

Listing History

Event Date Price Change
Listed Jan 18, 2022 $21,600,000 -
Currently May 9, 2026 $19,725,000 -8.7%

Description

The Duplex Penthouse at 1228 Madison Avenue is a 6+ bedroom home with breathtaking uninterrupted views of Central Park and the Jacqueline Kennedy Onassis Reservoir as well as the Midtown skyline. This 6,566 sq. ft. residence includes an additional media room, den, formal dining room, eat-in kitchen, two dressing rooms, and a private terrace.

The lower level is designed for entertaining with a gracious corner great room, formal dining room, windowed eat-in kitchen and adjacent media room, elegant powder room, and en suite guest room or library. Enter the home through a dramatic white oak entry door, with custom P.E. Guerin hardware, that opens into a formal entrance gallery with custom stained white oak floors in a chevron pattern. The chevron pattern continues through the lower level leading to the west-facing 30? corner great room with 11? ceilings and Central Park views. The eat-in Central Park view kitchen features white matte lacquer Molteni cabinetry with white oak tambour detail, and honed Estremoz slab countertops, backsplash and island. The kitchen is fully-equipped with a Lacanche range, a suite of Wolf, Miele and Sub-Zero appliances, and a wine refrigerator. Adjacent to the kitchen is a 20? media room featuring oversized windows and Central Park views. The formal corner dining room is adjacent to the 184 sq. ft. terrace, which features a grand doorway flanked by oeil-de-boeuf oval windows and offers open views up and down Madison Avenue.

The powder room located off the lower level 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 upper level features 5 bedrooms and an extra den space with custom stained 7? plank white oak floors. A gracious west-facing corner master bedroom suite features Central Park views, dual windowed baths, and separate dressing rooms. The windowed master baths are luxuriously finished with Bianco Oro marble slab walls with matching marble floor tiles and 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 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 shower clad in honed Calacatta marble wall tile or a soaking tub with glazed white ceramic wall tiles forming a tiled arch overhead. Juliet balconies in the den and bedroom 5 overlooking Madison Avenue complement the upper level bedroom spaces.

The residence conveniently features a laundry room and 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 doorperson 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

Exterior Features

Terrace

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $30,187/mo
Original Price $21,600,000
Sale Price $19,725,000
Previous Price $21,600,000

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

341

Median Asking Price

$1.80M

Median $/Sqft

$1,563

Avg Days on Market

N/A

New This Week

19

Price Reduced

28%

Sold (30 Days)

40

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/9/26, 5:40 PM EST

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Location

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1228 MADISON Avenue #DUPLEXPH, 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 $30,187 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 6 bedrooms and 7 full bathrooms.

The listed interior living area is 6,566 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 $19,725,000 for 6,566 sq ft, the asking price per square foot is approximately $3,004. 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: RLS10784937
First Listed: 1/18/2022
Price Changed: 6/16/2022
Closed: 6/15/2022
Contract Date: 12/16/2020

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 5/9/2026 at 9:40 PM UTC

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