See Home Value
$8,900,000*
Condo - Off Market

1289 Madison Avenue #BUILDING

New York, NY 10128
bedrooms
8 Beds
bathrooms
6 Baths
square feet
5000 Sqft
$8,010,000 - $9,790,000
Reference Base Price*
0.00%
Since Dec 1, 2023
NY-New York
Primary Model

About This Property

Opportunity knocks! 1289 Madison Ave is a 5 story, mixed-use building, with 6 units in the heart of Carnegie Hill's Historic District. Situated on bustling Madison Ave, just off East 92nd Street. Enjoy the exceptional transportation & conveniences. A plethora of incredible independent restaurants, cafes, and bars nearby. Just blocks away from Central Park, Frank Lloyd Wright's Guggenheim Museum and Museum Mile. Close to the crosstown M96 bus, 4, 5, 6 & Q trains.

1289 Madison Ave is perfect for an investor or end-user alike. As an end-user, this is an opportunity to run your own business out of one of the commercial spaces and live in the penthouse above.

Large, new condo developments in the area will bring the desired foot-traffic for the ground floor commercial tenant.

BUILDING

This pre-war building is made up of 2 commercial spaces and 4 residential apartments. All units are free market and have been well maintained and cared for by the current owners.

1st Floor: Commercial space; currently owner occupied. Setup as a pizzeria, with over 1,200 sq ft, kitchen, storage, cellar and will be delivered vacant.

2nd Floor: Commercial space; Over 1,200 sq ft, currently occupied by the world-renowned Fred Astaire dance studio, with a lease through June 2024.

3rd Floor: Residential; Large, recently renovated, 3 bed, 1 bath apartment with outdoor space. Sun-filled, with eastern and western exposures. Open kitchen with stainless steel appliances, full gas range stove and a dishwasher. The primary bedroom fits a king-sized bed and leads to the extraordinary private terrace. Tons of storage and hardwood floors through the apartment.

4th Floor: Residential; Comprised of 2 units; 1-bedroom apartment and a studio. Each of these units have been recently renovated and are filled with great natural light. Open kitchens with stainless steel appliances, including gas ranges stoves and dishwashers. The 1-bedroom unit also has a private b

The manager has listed the unit size as 5000 square feet.
Unit Size
5,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,780
Property Type
Condo
Property Taxes
$9,336
HOA Dues
$1
Year Built
1890

Price History

Date / Event Date Event Price
Nov 12, 2023 No longer available -
No longer available
Mar 20, 2023 Withdrawn -
Withdrawn
Jan 10, 2023 Price Decreased $8,900,000
↓ $600K (6.3%)
Price Decreased
Nov 7, 2022 Listed $9,500,000
Listed
Opportunity knocks! 1289 Madison Ave is a 5 story, mixed-use building, with 6 units in the heart of Carnegie Hill's Historic District. Situated on bustling Madison Ave, just off East 92nd Street. Enjoy the exceptional transportation & conveniences. A plethora of incredible independent restaurants, cafes, and bars nearby. Just blocks away from Central Park, Frank Lloyd Wright's Guggenheim Museum and Museum Mile. Close to the crosstown M96 bus, 4, 5, 6 & Q trains. 1289 Madison Ave…

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
5 Baths
2,974 ft²
$2,640/ft²
$7,849,978 Dec 20, 2021
$7,849,978 Mar 8, 2023
$11,385/mo
House
5 Beds
5 Baths
4,700 ft²
$1,745/ft²
$8,200,000 Sep 14, 2021
$8,200,000 Dec 21, 2022
-
Co-op
6 Beds
6 Baths
5,200 ft²
$1,500/ft²
$7,800,000 Dec 8, 2020
$7,800,000 Jul 8, 2022
$10,859/mo
House
5 Beds
5 Baths
4,500 ft²
$2,100/ft²
$9,450,000 Sep 2, 2021
$9,450,000 Jun 14, 2022
-
Co-op
4 Beds
4 Baths
3,840 ft²
$2,474/ft²
$9,500,000 Sep 12, 2018
$9,500,000 Sep 10, 2019
$8,857/mo
Co-op
4 Beds
5 Baths
-
$8,975,000 Oct 23, 2015
$8,975,000 Mar 2, 2016
$5,434/mo
Co-op
5 Beds
5 Baths
4,000 ft²
$2,248/ft²
$8,990,000 Feb 16, 2021
-
$10,350/mo
Multifamily
6 Beds
7 Baths
7,275 ft²
$1,203/ft²
$8,750,000 Sep 14, 2022
-
-
Condo
5 Beds
5 Baths
-
$8,965,000 Oct 13, 2023
-
$4,841/mo
Condo
5 Beds
6 Baths
-
$8,800,000 May 9, 2023
-
$11,075/mo
Condo
4 Beds
4 Baths
-
$8,525,000 Nov 2, 2023
-
$2,629/mo
Condo
5 Beds
5 Baths
-
$9,329,000 Oct 13, 2023
-
$4,932/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230923
09/23/2023
Loft
-
-
$8,900,000
bedrooms
Loft
bathrooms
-
-
-
-
Peter Poljan
The Corcoran Group
20221108
11/08/2022
Loft
-
-
$9,500,000
bedrooms
Loft
bathrooms
-
-
-
-
Peter Poljan
The Corcoran Group
20221107 Unit BUILDING
11/07/2022
8 Bed
6 Bath
5000 ft²
$8,900,000
bedrooms
8 Bed
bathrooms
6 Bath
square feet
5000 ft²
-
-
-
Peter Poljan
The Corcoran Group

Building Info

1289 Madison Avenue 1289 Madison Avenue, New York, NY 10128
  • 6 Units
More about this Building
1289 Madison Avenue
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About Upper Manhattan


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