1228 Madison Avenue

1228 Madison Avenue is a Co-op located in Carnegie Hill, New York. The building was first built in 2019 and is 5 years old. It was first renovated and altered in 2019. The lot that the building was built on is 75 feet wide and 75 feet long. The official lot area is listed as 5,625 square feet. The building itself is 75 feet wide and 75 feet long. In total, 1228 Madison Avenue has a total floor area of 62,141 square feet. Of that, 58,228 square feet are used for residential purposes. About 3,913 square feet of the building are used for commercial purposes. There are a total of 14 units. Of those, 13 are residential units. There is one commercial unit. 1228 Madison Avenue has a total of 17 floors. Thankfully, the building is equipped with elevator service. Residents can access the three elevators in 1228 Madison Avenue.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Both dogs and cats are allowed in the building! There are 14 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 272 days Meaning, listings tend to sell at a median of $2,344 price per square foot. The transaction that took the longest to complete was unit 5, listed on Sep 22, 2022 for $7,350,000. This particular unit ultimately sold 272 days later for $5,850,000. The most recent transaction was for unit 4, sold for $0 on Sep 12, 2023. Fun fact, the oldest transaction we have on record took place on May 21, 1986. See the full transaction history for 1228 Madison Avenue below.

Carnegie Hill, where 1228 Madison Avenue is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $7,350,000. For interested buyers, that means the building's median asking price is around 6.82% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.