1261 Madison Avenue

1261 Madison Avenue is a Co-op located in Carnegie Hill, New York. The building was first built in 1901 and is 123 years old. The building is currently considered a landmark so make sure to check it out when you're in the area. The lot that the building was built on is 62 feet wide and 101 feet long. The official lot area is listed as 6,250 square feet. The building itself is 95 feet wide and 54 feet long. In total, 1261 Madison Avenue has a total floor area of 37,240 square feet. Of that, 37,240 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. 1261 Madison Avenue has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 7 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 192 days The transaction that took the longest to complete was unit 5N, listed on Dec 08, 2022 for $3,000,000. This particular unit ultimately sold 252 days later for $2,500,000. The most recent transaction was for unit 5N, which was first advertised on Dec 08, 2022, sold for $2,500,000 on Aug 17, 2023. Fun fact, the oldest transaction we have on record took place on Jan 07, 2010. See the full transaction history for 1261 Madison Avenue below.

Carnegie Hill, where 1261 Madison Avenue is located, has a median asking price of $950,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $3,320,000. For interested buyers, that means the building's median asking price is around 2.49% 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.