--- title: "1228 MADISON Avenue #3FLOOR, New York City, NY 10128" description: "1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $5,900,000. 4 bed, 4 bath, 3,136 sqft Illustrative Buyer Commission Share of $88,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1228-madison-avenue-3floor-ny-10128" source: "Real Estate Rebate Team" dateModified: "2026-09-28T21:16:15.402Z" status: "Active" --- # 1228 MADISON Avenue #3FLOOR, New York City, NY 10128 Carnegie Hill, New York City, NY Courtesy of Corcoran Group Last updated: September 28, 2026, 5:16 PM ## At a Glance - **Listing Price**: $5,900,000 - **Beds**: 4 - **Total Baths**: 4 - **Sqft**: 3,136 - **Common Charges**: $17,600 / mo - **Price per Sqft**: $1,881 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $5,900,000 - **Illustrative Buyer Commission Share**: -$88,500* - **Illustrative Net Cost**: $5,811,500 *Illustrative Buyer Savings of $88,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b543a705-50a1-4ab9-a5be-54461359933f.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4ed9cc3e-c36c-4f8d-81cb-e7ba0eedaf69.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/152bc648-f789-4766-b408-eb0ff1087953.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6f0b39c4-5607-4fdd-8e03-41926206a26f.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0b6b8d7a-ce15-44ad-bc8a-56fb66479761.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56fe62b5-21e7-4d5b-9ec7-cb627c06b9db.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5be8d114-2f2a-4a8e-ae46-2aa3db7b871d.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/597c38b4-48b1-4f88-a842-03ec33854094.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e70b9ab2-a3ee-495b-9e8b-f3de13807de3.jpg) ![1228 MADISON Avenue #3FLOOR, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7fc5fe19-6060-4da8-8846-185b61f54f94.jpg) ## Property Overview Welcome to Residence 3 at 1228 Madison Avenue, a luxurious 3,136 square foot home that combines the elegance of a cooperative with the flexibility of condo rules. This exquisite 4-bedroom, 3.5-bathroom residence offers grand proportions and sophisticated design elements throughout. Enter through a private elevator vestibule into a space adorned with custom stained white oak chevron flooring. The expansive living room, with its commanding views over Madison Avenue, provides an ideal setting for both relaxation and entertaining. The Molteni-designed eat-in kitchen is a culinary masterpiece, featuring matte white lacquer cabinetry accented with white oak, honed Calacatta Estremoz countertops, and a built-in breakfast counter. High-end appliances from Lacanche, Sub-Zero, Wolf, and Miele complete this chef's dream. The primary suite is a sanctuary of luxury, boasting two walk-in closets and a windowed bathroom clad in Bianco Oro marble. Indulge in the soaking tub, oversized shower, and enjoy the custom lighting by Kelly Behun, complemented by Waterworks nickel fixtures and radiant heated floors. Two additional bedrooms share a spacious en-suite bath with Calacatta marble and Waterworks fixtures. A versatile fourth bedroom or library offers an en-suite bathroom and picturesque views of Madison Avenue. The powder room features honed Italian Burlesque marble and elegant brass accents. Additional conveniences include a laundry room with side-by-side washer and dryer, custom cabinetry, a separate refuse room, and a dedicated storage unit in the building's lower level. 1228 Madison Avenue is an exclusive 13-unit cooperative designed by Robert A. M. Stern Architects and Kelly Behun Studio, known for their impeccable craftsmanship and attention to detail. Residents enjoy amenities such as a full-time doorman and concierge, a state-of-the-art fitness center with Technogym equipment, a package room, private storage, and bike storage. Experience the pinnacle of luxury living in this prestigious Upper East Side location. ## Property Details - **Property Type**: Co-op - **Beds**: 4 - **Total Baths**: 4 - **Rooms**: 8 - **Sqft**: 3,136 sqft - **Stories**: 19 - **Year Built**: 2021 - **Price per Sqft**: $1,881 - **Common Charges**: $17,600 / Monthly - **Listed On**: Sep 28, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Other - Washer Hookup - In Unit - Building Roof Deck - Dining Area - Dishwasher ## Estimated Monthly Payment **$47,434 / month**, assuming a 20% down payment ($1,180,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $29,834 - **Common Charges**: $17,600 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 21 apartments at 1228 Madison Avenue have recorded sales since September 2021, the most recent for $9,125,000 in February 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 10 (Apartment) | 4 | 3,841 | $9,125,000 | $2,376/ft² | February 24, 2025 | City record · MLS | | 12 (Apartment) | 4 | 3,500 | $9,950,000 | $2,843/ft² | January 28, 2025 | City record · MLS | | 8 (Apartment) | — | — | $7,600,000 | — | August 7, 2023 | City record | | 8-FLR (Apartment) | 4 | 3,999 | $8,950,000 | $2,238/ft² | August 7, 2023 | MLS | | 3-FLR (Apartment) | 4 | 3,136 | $6,950,000 | $2,216/ft² | July 19, 2023 | MLS | | 3 (Apartment) | 4 | 3,136 | $6,250,000 | $1,993/ft² | June 28, 2023 | City record | | 5 (Apartment) | 4 | 3,136 | $5,850,000 | $1,865/ft² | June 21, 2023 | City record · MLS | | 12-FLR (Apartment) | 4 | 3,476 | $9,850,000 | $2,834/ft² | December 9, 2022 | MLS | | 12 (Apartment) | 4 | 3,500 | $9,500,000 | $2,714/ft² | December 6, 2022 | City record | | 7-FLR (Apartment) | 4 | 3,136 | $8,700,000 | $2,774/ft² | November 1, 2022 | MLS | | 10-FLR (Apartment) | 4 | 3,841 | $11,175,000 | $2,909/ft² | November 1, 2022 | MLS | | 7 (Apartment) | 4 | 3,136 | $6,975,000 | $2,224/ft² | October 26, 2022 | City record | | 10 (Apartment) | 4 | 3,841 | $9,765,000 | $2,542/ft² | October 26, 2022 | City record | | DU/PH (Apartment) | 6 | 6,566 | $19,725,000 | $3,004/ft² | June 15, 2022 | City record · MLS | | TR PH (Apartment) | 5 | 6,183 | $24,750,000 | $4,003/ft² | June 7, 2022 | City record · MLS | | 9 (Apartment) | — | — | $10,500,000 | — | May 16, 2022 | City record | | FLOOR9 (Apartment) | 5 | 4,025 | $11,385,000 | $2,829/ft² | May 16, 2022 | MLS | | FLOOR11 (Apartment) | 4 | 3,523 | $10,985,000 | $3,118/ft² | May 4, 2022 | MLS | | FLOOR2 (Apartment) | 4 | 3,962 | $9,985,000 | $2,520/ft² | May 4, 2022 | MLS | | 11 (Apartment) | — | — | $9,804,000 | — | April 29, 2022 | City record | | 2 (Apartment) | 4 | 3,962 | $8,700,000 | $2,196/ft² | April 25, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $5,900,000 - **Median sold price**: $9,850,000 - **Difference**: -$3,950,000 (-40.1%) - **This home, $/ft²**: $1,881 - **Median $/ft²**: $2,774 - **Comparable sales**: 7 - **Sales from**: May 2022 – August 2023 - **Middle half of those sales**: $8,825,000 – $10,485,000 Based on four-bedroom sales at 1228 Madison Avenue. ### How these sales were negotiated - **Typical time to find a buyer**: 178 days (5 sales) - **Typical time to close**: 50 days (5 sales) Based on four-bedroom sales at 1228 Madison Avenue with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, co-op four-bedroom sales in Carnegie Hill | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $5,332,500 | 12 | | 2019 | $4,995,000 | 13 | | 2021 | $4,637,500 | 14 | | 2022 | $4,150,000 | 12 | | 2024 | $3,400,000 | 10 | | 2025 | $5,160,454 | 17 | Based on recorded co-op four-bedroom sales in Carnegie Hill. Sales data through February 2025. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1228 Madison Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1228-madison-avenue) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 13 apartments. The corporation’s 2026 property tax bill was $1,224,956 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 1228 Madison Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1228-madison-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1228 Madison Avenue Upper East Side · Stock Cooperative 1228 Madison Avenue, New York, NY 10128 A building in Upper East Side, currently featuring 1 active listing. - **Year Built**: 2021 - **Active Units**: 1 - **Floors**: 19 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1228-madison-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3FLOOR](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1228-madison-avenue-3floor-ny-10128) | 4 | 4 | 3,136 sqft | $1,881 | $5,900,000 | Corcoran Group | Sep 28, 2026 | 1 days | | [FLOOR4](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10128/1228-madison-avenue-floor4-FLOOR4-ny-10128) | 4 | 4 | 3,136 sqft | $2,025 | $6,350,000 — In contract | Douglas Elliman Real Estate | Feb 18, 2026 | 223 days | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Carnegie Hill Overview of Carnegie Hill [Explore Carnegie Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Carnegie Hill - [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park) - [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island) - [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [1228 Madison Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1228-madison-avenue) - [Carnegie Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.