$3,725,000
Updated 5 years ago
Sold

1261 Madison Ave, 5-S

Carnegie Hill, Manhattan | East 91st Street & East 92nd Street

8 Rooms3 Beds3 Baths2,150 Square FeetCo-op

$3,725,000
Maintenance$5,579
Price Per SF
$1,733

This property was sold for $3,725,000 on 09/27/21.

Listing Features

  • High Ceilings [9.8']
  • Home Office
  • Pocket Doors
  • Arched Windows
  • Dishwasher
  • Eat-in Kitchen
  • Windowed Kitchen
  • Wine Cooler
  • Heated Floors

Outdoor space and views

  • City Views
  • South Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Laundry Room
  • Resident Lounge
  • Storage

Property Description for 1261 Madison Ave, 5-S

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.

Building Details for 1261 Madison Ave

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1902
Financing Allowed50%
Floors/Apts7/14
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.28 miles
96 St
0.33 miles
86 St
0.47 miles

Citi Bike

E 91 St & Park Ave
0.08 miles
E 88 St & Park Ave
0.15 miles

Contact Agents

Contact Agents

Maggie Gold Seelig
Modlin Group, The
Max Clayton
Modlin Group, The

Carnegie Hill | Manhattan

Quick Profile

Carnegie Hill is a small neighborhood at the northern tip of the Upper East Side that borders Central Park. It is steeped in history, great wealth, architecture and culture. It is known for its world-class museums and its rows of historic mansions. Nothing much changes here as the entire area is landmarked, preventing the proliferation of high-rise developments. Thus the buildings stay a human scale, the sky is aplenty and the neighborhood kind of feels like a small town to its long time residents.

The name Carnegie Hill is derived from the industrial magnate Andrew Carnegie, when Carnegie decided to build himself a mansion at 91st Street and Fifth Avenue….

Carnegie Hill is a family neighborhood with old fashioned upper crust money. The mid-rise co-ops that line the avenues are among the most prestigious addresses in the city. The avenues are lined with small restaurants, boutique shops

The residential towers that have proliferated on the eastside of Third Avenue in the East 90s simply do not exist between Lexington and Fifth.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1935008