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1228 Madison Avenue #8FLR
Coop in Carnegie Hill •  building info
4bd • 5.5ba • 3,999ft² $2,238 per ft²
Sold price

$8,950,000

Key Details
Days on market
312
Last price change
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Estimated payment
$61,699
Monthly taxes
N/A
Monthly maintenance
$16,443
Description
Coop with Condo Rules Residence Eight at 1228 Madison Avenue is a 3,999 square foot, 4/5-bedroom, 5.5-bathroom home with gracious proportions throughout. A private elevator vestibule leads into the unit, with custom stained white oak chevron flooring throughout the living spaces. The oversized living room is over 38 feet in width overlooking Madison Avenue, allowing either for a truly grand living/dining experience or the potential addition of a fifth bedroom / library. Accessible via custom pocket doors, the eat-in kitchen, crafted by Molteni, features matte white lacquer cabinetry with white oak detailing, honed Calacatta Estremoz countertops and backsplash, and ample island seating. A suite of appliances by Lacanche, Sub-Zero, Wolf, and Miele complete the space. The primary bedroom suite is lavishly appointed with two separate walk-in closets / dressing areas, leading to two primary bathrooms finished in slabs of Bianco Oro marble (one with a soaking tub) and including oversized showers, separate water closets, custom designed lighting by Kelly Behun, nickel fixtures from Waterworks and radiant heated floors. Secondary bedrooms all include oversized closets and en-suite baths with Calacatta marble finishes, Waterworks fixtures, and either an oversized shower or soaking tub configuration. The home's powder room is wrapped in honed Italian Burlesque marble with a matching marble sink, countertop and apron. Natural brass mirror trim and pendant lighting completes the unique design. Completing the unit are a laundry room with side-by-side washer / dryer, custom cabinetry, and a stainless steel sink, a separate refuse room, and a storage unit located in the building's lower level. 1228 Madison Avenue is a boutique 13-unit cooperative with condominium rules, crafted by the artisans at Robert A.M. Stern Architects and Kelly Behun Studio. Now complete and available for immediate occupancy, these finely-detailed residences offer uncompromising levels of quality and design conceptualized and executed by two powerhouse names on Architectural Digest's famed AD100 list. Amenities include a full-time doorman and concierge, fitness center and training studio complete with the latest Technogym equipment, package room, private storage for each residence, and bike storage. The complete offering terms are in an offering plan available from Sponsor. File No. C19-008. Sponsor: 1228 Madison Development Lessee LLC, 540 Madison Avenue, 26th Fl., New York, New York 10022. Development 1228 Madison Owners Corp., 1228 Madison Avenue New York, New York.

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Important Stuff
Washer/Dryer in unit
Doorman
Pets allowed
Listing Amenities
Storage Available
Building Amenities
Concierge
Gym
Bike Room
Outdoor Space
Roof Deck
History
What it'll cost
Purchase price
$8,950,000
Asking Price: $8,950,000
Term
30 Years
Down Payment
$1,790,000 (20%)
Min: 20% (1,790,000)
Rate
6.5 %
Mortgage Amount
$7,160,000
Mortgage Payment
$45,256
Maintenance
$16,443
Estimated closing cost
$209,000
Total monthly cost $61,699
Listing Courtesy of Compass

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