Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,725,000

· Sold at asking price · Closed September 27, 2021

SOLD: 1261 MADISON Avenue #5S
SOLD $3,725,000
Sold Co-op

$3,725,000

1261 MADISON Avenue #5S

Carnegie Hill, Manhattan

MLS® #RLS10771008

RLS at REBNY

Listing by Modlin Group LLC

3

Bedrooms

3

Baths

N/A

Sq. Ft.

1900

Year Built

Sale Details

Sale Price $3,725,000
Original List Price $3,725,000
First Listed At $3,995,000
Close Date September 27, 2021
vs. Asking Sold at asking price

Property Summary

Bedrooms 3
Bathrooms 3
Year Built 1900
Ownership Co-op
Maintenance $5,579/mo
Neighborhood Carnegie Hill
Floor 5 of 7

Description

This is a rare opportunity to own a one-of-a-kind apartment in one of Carnegie Hill's oldest, most desirable and distinctive buildings - 1261 Madison Avenue. Gracious and light filled, Apartment 5S has been fully renovated to the highest standards by the current owners in partnership with celebrated designer Harry Schnaper. Measuring approximately 2,150 square feet, one enters this spectacular three bedroom apartment through a windowed and gracious entry vestibule, which leads to the magnificent living spaces—which span along Madison Avenue and the corner of 90th St -- with oversized arched windows letting in the light and air. Boasting 9'10” foot ceilings, the library/office, dining and living spaces are all open to one another with cased pocket doors, allowing for separation of the spaces, when needed, and a vast expanse when open. A suite of secondary bedrooms, equipped with generous closets and custom milled desk and bookshelves, provide wonderful bedroom spaces complete with two fully-renovated bathrooms with radiant floors. The primary bedroom suite faces South and is complete with custom built-in cabinetry in the primary closet with a handsome spa like bath, including custom millwork and marble finishes, as well as radiant floor. The custom milled eat-in kitchen with window, has top of the line appliances, Subzero refrigerator and freezer, Wolf 6 burner gas stove, Miele dishwasher and GE wine refrigerator and Asko washer/dryer. Solid oak floors in all of the rooms are new with the renovation. All of the systems in this apartment have been thoughtfully done - including plumbing, new electrical, AV as well as central air conditioning. 1261 Madison Avenue is a pet-friendly non-doorman building with a fastidious live-in Superintendent. The building has both a laundry room and a bike room; Apartment 5S will be transferred with an additional storage room in the basement. The Neighborhood From 1899 to 1902, Andrew Carnegie and his wife Louise Whitfield built their remarkable 64-room brick and stone Georgian-revival house, now known as the Cooper-Hewitt, Smithsonian Design Museum. The house was groundbreaking and a catalyst for development, giving rise to the neighborhood known as Carnegie Hill. 1261 Madison Avenue was one of the first luxury apartment buildings in Carnegie Hill: designed by Buchman and Fox, construction began in 1900 and was completed a year later. 1261 Madison Avenue was designated a historically significant city landmark in 1974; with its tiled mansard roof, rusticated two-story limestone base and grand entranceway, and it remains one of the most beautiful and distinctive structures in the area. It is an intimate boutique building with just 14 apartments on seven floors. Located in the absolute heart of Carnegie Hill just a stone's throw from the Central Park Reservoir and all that this vibrant neighborhood has to offer – including amazing restaurants and shopping. There is a 2% flip tax paid by buyer.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
View City
Cooling Central Air
Year Built 1900

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RLS at REBNY

Listing courtesy of Maggie Gold Seelig at Modlin Group LLC. 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. This 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.

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