Under Contract – Backup offers may be accepted
Pending · Listing by The Agency Brokerage
1281 MADISON Avenue #TH1
Carnegie Hill, Manhattan
$1,050,000
1281 MADISON Avenue #TH1
MLS® #RLS20048273
Listing by The Agency Brokerage
- 1
- Bedroom
- 1
- Bath
- 736
- Sq. Ft.
- 1920
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Exposure: East,West facing
- Style: WalkUp architecture
Property Details
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
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
$2.35M
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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1281 MADISON Avenue #TH1, 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 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) 416-7433Listing 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 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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Quick Facts
Monthly Costs Estimate
$210,000
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 $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
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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