Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

1281 MADISON Avenue #TH1

Pending · Listing by The Agency Brokerage

1281 MADISON Avenue #TH1

Carnegie Hill, Manhattan

$1,050,000

Interested in this property?
Pending For Sale Condo

$1,050,000

$1,427 per sq ft

1281 MADISON Avenue #TH1

Carnegie Hill, Manhattan

MLS® #RLS20048273

RLS at REBNY

Listing by The Agency Brokerage

1
Bedroom
1
Bath
736
Sq. Ft.
1920
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 736 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $2,482/mo
Property Taxes Contact for details
Neighborhood Carnegie Hill
Floor 4 of 4

Property Highlights

  • Views: Other
  • Exposure: East,West facing
  • Style: WalkUp architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 4 of 4
View Other
Exposure East,West
Cooling Ductless
Pets Yes
Year Built 1920
Living Area 736 sq ft
Architectural Style WalkUp
Basement Other
Block/Lot 01503/1011

Listing History

Event Date Price Change
Listed Sep 12, 2025 $1,050,000 -
Currently Aug 18, 2026 $1,050,000 -

Description

Boutique Madison Avenue living in this intimate one-bedroom condominium that blends classic charm with modern convenience. Nestled in the heart of Carnegie Hill Historic District, just one block from Central Park and Museum Mile, this sun-filled home features high ceilings, large windows, and charming architectural details that make every room feel spacious and inviting. Located three flights up in a private townhouse-style building, the residence offers an entire floor of quiet, privacy, and boutique character, something rarely found in typical high-rise towers. Serene east-facing views overlook the lush townhouse gardens of East 91st Street, filling the generous living and dining area with natural light. The west facing windows offer a timeless view over Madison Avenue.  The apartment itself has been restored, blending modern upgrades with historic charm. Inside, you'll find a steam shower, recessed lighting, built-in surround sound, and two mini-split systems for central air. Yet some of the original character remains intact, with hardwood floors, high ceilings, cast iron radiators, and pocket shutters that highlight the home's pre-war heritage. There are two separate central cooling systems in the apartment for added comfort - one for the bedroom and one for the living area. Though charmingly residential, 1281 Madison Avenue is connected to and shares doorman services with the neighboring 47 East 91st Street. These two separate properties are part of the same condominium. This unique configuration offers the intimacy and elegance of a historic townhouse with just two residences, alongside the convenience of a full-time concierge, 24-hour doorman for packages, video security, and handyman services. The apartment has a video intercom and security system. Packages, laundry and cold storage for food can be delivered to 47 East 91st. Just moments from cafés, galleries, boutique shopping, and world-class cultural institutions, this home embodies the Carnegie Hill lifestyle, intimate, convenient, and timeless. A rare opportunity to own a Madison Avenue condominium that combines historic elegance, boutique privacy, and full-service amenities, all just moments from Central Park.  

Features & Amenities

Interior Features

High Ceilings Building Other

Exterior Features

None

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $2,482/mo
RE Taxes Contact for details

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

73

Median Asking Price

$2.35M

Median $/Sqft

$1,660

Avg Days on Market

N/A

New This Week

3

Price Reduced

44%

Sold (30 Days)

8

Median Sale Price

$1.38M

Live data from RLS at REBNY • Updated 8/18/26, 11:53 AM EST

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Location

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1281 MADISON Avenue #TH1, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
10
Floors
10
Residential Units
R10
Zoning District
Condominiums Historic District: Expanded Carnegie Hill Historic District

Tax & Assessment

Assessed Value: $9,785,250
Land Value: $998,999
Exemptions: $0

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

Lot Area: 5,828 SF
Building Area: 44,291 SF
Built FAR: 7.6
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 $2,482 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 736 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,050,000 for 736 sq ft, the asking price per square foot is approximately $1,427. 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 [email protected]. 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: RLS20048273
First Listed: 9/12/2025
On Market: 9/12/2025
Price Changed: 9/12/2025
Pending Since: 12/19/2025
Contract Date: 9/12/2025

Listing Courtesy of The Agency Brokerage - John P Carapella

Listing Contact: (917) 716-1389

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 8/18/2026 at 3:53 PM UTC

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Carnegie Hill Market Update

8 sales last 30 days · $2.35M median · 9.1 months supply

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New listings in this neighborhood

Quick Facts

Status Pending Type Condo Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 4 of 4
Year Built 1920
First Listed 9/12/2025
Style WalkUp
Living Area 736 sqft
Common Charges $2,482/mo

Monthly Costs Estimate

Down Payment 20%

$210,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $2,482
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 $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$10,500

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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