2 years on rocket

1295 Madison Avenue Penthouse, New York City, NY, 10128

$19,500,000

5 Bedrooms
5 Full Baths, 2 Partial
4,179 SqFt
$4,666/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
Year Built2023
CoolingCentral Air
FireplaceGas
ViewCity, Park
MLS #RPLU-618221653602
StatusActive

About 1295 Madison Avenue Penthouse

Ready for immediate occupancy, the Penthouse at The Wales is a one-of-a-kind full floor residence offering a gracious 4,179 SF interior with an expansive 3,114 SF of outdoor space over two levels. Gracious outdoor entertaining spaces include a wraparound entertaining terrace and a separate roof terrace with Central Park views, an outdoor kitchen with a wet bar, a fireplace, and a butler's pantry. Designed by Parisian firm Cabinet Alberto Pinto, the penthouse offers five bedrooms, five bathrooms, and two powder rooms and takes advantage of its 360 degree exposures filling the residence with sunlight and views of Central Park and the Reservoir. An elegant entry gallery, with a dedicated elevator and curved stair to the roof terrace, leads to a gracious corner great room with an elegant fireplace, coffered ceilings, captivating southwestern corner windows, and terrace access on two exposures through grandly scaled French doors. The windowed eat-in-kitchen, custom-designed by Cabinet Alberto Pinto, features white lacquer cabinetry designed with an Art Deco-inspired geometric relief pattern and inset stainless steel and white oak details offset by crystal gray calcite slab countertops and backsplashes. A white lacquer island offers a generous space for casual dining and preparation and a full-height pantry offers an abundance of storage space. Appliances include a Sub-Zero refrigerator and wine storage, a Wolf gas range, oven, and speed oven, an outside vented hood, a Cove dishwasher, and a wine refrigerator by XO. An outdoor grill, located on the terrace, is directly accessible from the kitchen. <br><br>Interiors, custom designed by Cabinet Alberto Pinto, are outfitted with decorative cornices and base moldings, white oak flooring in a natural waxed finish in a herringbone pattern in entertaining rooms, white oak plan flooring in bedrooms, and lofty ceilings. Each residence includes a zoned heating and cooling system which assures year-round comfort.<br><br>The impeccably designed primary bedroom suite includes terrace access and western sunset views, an oversized walk-in closet, and a five-fixture bathroom with Bianco Carrera and Grigio Nicola marble geometric tile flooring, Bianco Carrera walls, a white glossy lacquer vanity with Bianco Carrera marble countertop, a Kaldawei Centro Duo oval tub and separate standing shower, and Kallista fittings in a chrome finish.<br><br>The secondary bedrooms, one of which includes direct terrace access, feature en-suite bathrooms with custom vanities in a beige glossy lacquer finish and Bianco Estremoz marble countertops and Crema Marfil and Bianco Estremoz marble tile flooring and walls. The powder room features White Civec marble walls and Calacatta Oro marble floors and wainscoted walls.<br><br>The residence also features a utility room with a side-by-side washer / vented dryer and a stainless steel sink.<br><br>The Wales' elegant 24-hour attended lobby features coffered ceilings, a custom walnut and marble concierge desk, and antique mirrored walls. Amenities include a sophisticated oak-paneled fitness center with Peloton and Hydrow equipment, a pet spa with grooming station, bicycle storage, and private storage for purchase. The Wales Condominium is ready for immediate occupancy.<br><br><span style"color:#333333; font-family:Arial,sans-serif; font-size:8px; text-align:center; background-color:#ffffff"><span class"xApple-converted-space"> </span>File# CD200207. Sponsor Name: 1295 Property LLC. 1636 A Third Avenue, New York, NY 10128. Equal Housing Opportunity</span><br><br>

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 4,179 SqFt

Listing Office:

  • Office Name: Corcoran Sunshine Marketing Group
  • Office Phone: (212) 634-6500
  • Listing Agent: Cathy Franklin
  • Agent Phone: (917) 863-8209

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City, Park
  • Exterior: None

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,500,000
  • Price Per SqFt: $4,666/SqFt

HOA Fees:

  • Amount: $9293
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

1295 Madison Avenue Penthouse vs New York

777 DAYS ON ROCKET

+681 Days

$19,500,000

+$18.6M More

$4,666/SqFt

+$4K More

KEY TAKEAWAY

This property is $18.6M more than the Median Sold Price and $4K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-618221653602

Listing Office:

  • Office Name: Corcoran Sunshine Marketing Group
  • Office Phone: (212) 634-6500
  • Listing Agent: Cathy Franklin
  • Agent Phone: (917) 863-8209

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 12:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$106.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$58.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5938540
10
/10
  • PS 77 Lower Lab School

  • 1700 3rd Ave

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-5938541
6
/10
  • PS 198 Isador E Ida Straus

  • 1700 3rd Ave Frnt

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-5938542
5
/10
  • PS 51 Elias Howe

  • 323 E 91st St

  • 0.50 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $150,543. The most common annual income of people living in New York, NY is $200k+. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkNew York101281295 Madison Avenue Penthouse

This home is located at 1295 Madison Avenue Penthouse in New York City, NY and zip code 10128 in the Upper East Side neighborhood. This 4,179 square foot home was built in 2023. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 18, 2022 and is currently priced at $19,500,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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