1200 Madison

1200 Madison is a Co-op located 21 East 87th Street, in Carnegie Hill, New York. The building was first built in 1927 and is 97 years old. It was first renovated and altered in 1988. The lot that the building was built on is 201 feet wide and 95 feet long. The official lot area is listed as 19,134 square feet. The building itself is 196 feet wide and 91 feet long. In total, 21 East 87th Street has a total floor area of 204,195 square feet. Of that, 187,179 square feet are used for residential purposes. About 17,016 square feet of the building are used for commercial purposes. There are a total of 86 units. Of those, 72 are residential units. There are fourteen commercial units. 21 East 87th Street has a total of 13 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. 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! Residents who own pets will be happy to hear that the building is pet-friendly. There are 54 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 127 days Meaning, listings tend to sell at a median of $1,431 price per square foot. The transaction that took the longest to complete was unit 5D, listed on Jun 19, 2022 for $3,800,000. This particular unit ultimately sold 312 days later for $2,995,000. The most recent transaction was for unit PHD, sold for $4,250,000 on Jan 12, 2024. Fun fact, the oldest transaction we have on record took place on Jan 06, 2005. See the full transaction history for 1200 Madison below.

Carnegie Hill, where 21 East 87th Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $3,995,000. For interested buyers, that means the building's median asking price is around 3.25% 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.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,195,000. It is a 2-bedroom and 3-bathroom unit.