3 months on rocket

1295 Madison Ave Unit 3, New York City, NY, 10128

$7,995,000

5 Bedrooms
4 Full Baths, 1 Partial
2,974 SqFt
$2,688/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
Year Built1902
HeatingCentral, Forced Air
CoolingCentral Air, Other
MLS #COMP-1589891379095016857
StatusActive

About 1295 Madison Ave Unit 3

*Investor Unit Only- Tenant In Place Until August 2025* Presenting Residence 3 at The Wales. An elegant 5-bedroom apartment, 3 is the first resale unit available on the market. The Wales is a luxury prewar new development condominium located in the landmarked building, the Hotel Wales, in the Upper East Side’s Carnegie Hill neighborhood at 1295 Madison Ave, on the corner of 92nd Street. The building is an excellent example of historic Italianate architecture and features a newly restored ornate neo-Renaissance facade. This unique development features 21 units. The Wales’ elegant interiors were designed by the distinguished Paris-based studio Pinto. Located one block from Central Park, The Wales offers refined living with meticulously crafted residences, a sophisticated attended lobby, and upscale amenities including a fitness center, pet spa, and bicycle storage. This elegant residence is a half-floor corner home with southwestern exposures, spanning 2,974 square feet with five bedrooms, four baths, and a powder room. Upon entry, the residence boasts a gracious entry gallery leading into a 24' × 21' 3" great room adorned with coffered ceilings and southern and western corner windows. It features custom decorative cornices, white oak flooring, and nearly 10’ ceilings. This home is move-in ready. For your convenience and comfort, the unit has been upgraded with electronic window treatments throughout, as well as custom California closets in every closet. The home also features a generously sized laundry room with full-sized units already installed. The enclosed eat-in kitchen showcases custom white lacquer millwork with Art Deco-inspired geometric relief patterning, accompanied by Crystal Grey calcite slab countertops and backsplashes. High-end appliances include an integrated Sub-Zero refrigerator and wine fridge, Wolf gas range with an outside vented hood, Wolf wall oven, Wolf speed oven, and integrated Cove dishwasher. The primary bedroom suite offers an oversized walk-in closet upgraded with custom California Closets outfitting, and a five-fixture bathroom featuring Bianco Carrera and Grigio Nicola marble geometric tile flooring. A custom-designed white glossy lacquer vanity with Bianco Carrera countertops and Kallista chrome fittings completes the space. Situated in the attractive, pre-war neighborhood of Carnegie Hill, this rare, move-in ready, pre-war condo home positions you at the heart of the neighborhood’s historic charm, dining options, Museum Mile, and Central Park.

Property Details

Property Features

Property Information:

  • Year Built: 1902
  • Living Area: 2,974 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Victoria Shtainer
  • Agent Phone: (917) 860-2782

Interior Features

Interior Information:

  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Flooring Type: Hardwood
  • Interior: Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, His and Hers Closets, Kitchen Island, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air, Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,995,000
  • Price Per SqFt: $2,688/SqFt

HOA Fees:

  • Amount: $5387
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

1295 Madison Ave Unit 3 vs New York

108 DAYS ON ROCKET

+24 Days

$7,995,000

+$7.1M More

$2,688/SqFt

+$2K More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price and $2K/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: #COMP-1589891379095016857

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Victoria Shtainer
  • Agent Phone: (917) 860-2782

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: 11/14/2024, 11:20:50 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

$45.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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-311436
7
/10
  • P.S. 198 Isador E. Ida Straus School

  • 1700 3rd Ave Frnt 1

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-311437
9
/10
  • PS 77 Lower Lab School

  • 1700 3rd Ave

  • 0.30 miles

  • Public Magnet Grades KG-5

school-card-donut-311438
8
/10
  • P.S. 527 East Side School For Social Action

  • 323 E 91st St

  • 0.50 miles

  • Public District Grades KG-2

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $150,543. The majority of New York, NY residents have income $200k+ annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1295 Madison Ave Unit 3

What is the listing price of this property?

The listing price of 1295 Madison Ave Unit 3 property is $7,995,000.

What type of property is this?

The property 1295 Madison Ave Unit 3 is a condo located in New York City, New York, 10128.

Is this property for sale now?

Active Listing: 1295 Madison Ave Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1295 Madison Ave Unit 3 has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1295 Madison Ave Unit 3 is 2,974 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1295 Madison Ave Unit 3 is 1902.
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Rocket HomesNew YorkNew York101281295 Madison Ave Unit 3

This home is located at 1295 Madison Ave Unit 3 in New York City, NY and zip code 10128 in the Upper East Side neighborhood. This 2,974 square foot home was built in 1902. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $7,995,000.

While more than 269 listings in New York, NY in October 2024 were sold above asking price, there were more than 850 listings sold at asking price, and more than 833 were sold below. The number of listings in New York, NY increased by 1.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $856,124, while the average time on the real estate market was 84 days.

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

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