--- title: "1261 MADISON Avenue #6S, New York City, NY 10128" description: "1261 MADISON Avenue #6S, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $4,495,000. 4 bed, 3 bath Illustrative Buyer Commission Share of $67,425 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1261-madison-avenue-6s-ny-10128" source: "Real Estate Rebate Team" dateModified: "2026-09-15T00:50:37.085Z" status: "Active" --- # 1261 MADISON Avenue #6S, New York City, NY 10128 Carnegie Hill, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 14, 2026, 8:50 PM ## At a Glance - **Listing Price**: $4,495,000 - **Beds**: 4 - **Baths**: 3 - **Common Charges**: $7,870 / mo - **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**: $4,495,000 - **Illustrative Buyer Commission Share**: -$67,425* - **Illustrative Net Cost**: $4,427,575 *Illustrative Buyer Savings of $67,425 — 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) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c14edf15-9603-428b-a142-97fc0081bd4f.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40f1ea77-ca21-40fe-9bb6-b87d48876a5e.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/08e34789-8c9d-48ec-aaa0-9239487ffad3.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/810742ff-498c-456f-bffd-bf90b64875bd.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f665511-b111-41f4-a192-9e22a1070525.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/245be09e-16e4-4d96-b4f5-1c3c145762d4.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b722e409-744f-44e8-a5d6-b3d7bca866f6.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/590ed39f-f23f-4649-9214-809ab2fc25db.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43982195-3feb-4437-89b5-4c232d9f2e4a.jpg) ![1261 MADISON Avenue #6S, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b38bfa7-9656-45f8-ae0a-b50e6268862b.png) ## Property Overview 1261 Madison Avenue, Apartment 6S Occupying the sixth floor of one of Carnegie Hill's most distinguished landmark buildings, Apartment 6S is a gracious four-bedroom residence defined by exceptional scale, elegant proportions, and an abundance of natural light. Extending along the building's Madison Avenue frontage and wrapping the corner onto East 90th Street, the home enjoys multiple exposures, oversized windows, and a wraparound Juliet balcony, creating a rare sense of openness and bringing expansive views and light into the principal living spaces. Ten-foot ceilings further accentuate the apartment's impressive volume and beautifully proportioned rooms. One enters through a windowed vestibule that opens into an impressive succession of formal living and dining rooms, creating a gracious sense of arrival and a natural flow throughout the home. Elegant cased pocket doors connect the principal living spaces, allowing them to open seamlessly into one expansive entertaining area or be closed off to create more intimate settings. Generously proportioned and thoughtfully arranged, the rooms offer exceptional flexibility for both grand-scale entertaining and comfortable everyday living. The south-facing primary bedroom is a bright and generously proportioned retreat, with excellent closet space and a private en-suite bathroom. The three additional bedrooms are also well sized, each offering ample storage and the flexibility to accommodate bedrooms, guests, or a home office. Two additional bathrooms serve the secondary bedrooms and living spaces. The windowed eat-in kitchen is thoughtfully proportioned for both everyday use and casual dining, with abundant cabinetry, generous counter space, and room for a proper breakfast or dining table. Its practical layout provides ample workspace while maintaining a comfortable connection to the rest of the home. Built at the turn of the century, 1261 Madison Avenue is an intimate, pet-friendly cooperative with just fourteen residences across seven stories. The building is maintained by a dedicated live-in Superintendent and offers a laundry room and bicycle room. The sale of Apartment 6S also includes a private storage room in the basement. The Building 1261 Madison Avenue dates to the formative years of Carnegie Hill. Designed by Buchman & Fox in the French Beaux-Arts style, the building was completed in 1901, during the period when Andrew Carnegie and other prominent New York families were establishing the neighborhood as one of the city's most prestigious residential enclaves. The building was notably advanced for its time, with original amenities including telephones in every apartment, two elevators, built-in steel safes, and two refrigerators per residence. Its architectural significance was formally recognized in 1974, when 1261 Madison Avenue was designated a New York City landmark. Today, 1261 Madison Avenue remains distinguished by its beautiful period architecture, including its tiled mansard roof, rusticated limestone base, and grand entrance. With just fourteen residences, the building offers an intimate and private setting in the heart of Carnegie Hill, moments from Central Park, the Reservoir, and the neighborhood's renowned restaurants, cafés, and boutiques. 2% flip tax paid by the purchaser. ## Property Details - **Property Type**: Co-op - **Beds**: 4 - **Baths**: 3 - **Rooms**: 8 - **Stories**: 7 - **Year Built**: 1901 - **Common Charges**: $7,870 / Monthly - **Listed On**: Sep 7, 2026 - **Days on Market**: 24 Days ### Residence Features - In Unit - Washer Dryer Allowed - City - Park/Greenbelt ## Estimated Monthly Payment **$30,599 / month**, assuming a 20% down payment ($899,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $22,729 - **Common Charges**: $7,870 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 1261 MADISON Avenue have recorded sales since September 2021, the most recent for $2,500,000 in August 2023. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 5N (Apartment) | 3 | $2,500,000 | August 17, 2023 | City record · MLS | | 2N (Apartment) | 3 | $3,500,000 | April 27, 2023 | City record · MLS | 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**: $4,495,000 - **Median sold price**: $4,678,750 - **Difference**: -$183,750 (-3.9%) - **Comparable sales**: 23 - **Sales from**: October 2024 – August 2026 - **Middle half of those sales**: $3,450,000 – $5,617,500 Based on co-op four-bedroom sales in Carnegie Hill. Square footage is recorded for only 6 of these 23 sales (26%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Carnegie Hill instead. ### How these sales were negotiated - **Sale-to-list price**: 96% (22 sales) - **Sold below asking**: 73% (22 sales) - **Typical time to find a buyer**: 44 days (22 sales) - **Typical time to close**: 111 days (22 sales) Based on co-op four-bedroom sales in Carnegie Hill 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 August 2026. 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 1261 MADISON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1261-madison-avenue) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 16 apartments. The corporation’s 2026 property tax bill was $510,019 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 1261 MADISON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1261-madison-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1261 MADISON Avenue 1261 MADISON Avenue, New York, NY 10128 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1901 - **Active Units**: 1 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1261-madison-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [6S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/1261-madison-avenue-6s-ny-10128) | 4 | 3 | — | — | $4,495,000 | Douglas Elliman Real Estate | Sep 7, 2026 | 23 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 - [1261 MADISON Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1261-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.