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$6,828,375
List Price: $6,950,000
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1285 Madison Avenue

Apartment in Carnegie Hill •  building info
5bd • 3ba • 5,283ft² • $1,316 per ft²
Buy with Yoreevo

$6,828,375

List Price

$6,950,000

Key Details
Days on market
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Last price change
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Estimated payment
$39,536/mo
Taxes
N/A
Maintenance
N/A
Description
Positioned along Madison Avenue in prime Carnegie Hill, 1285 Madison Avenue is a beautifully maintained, 20-foot-wide mixed-use townhouse offering enduring architectural charm and an established income stream. Spanning approximately 5,283 square feet across five stories, the property comprises two commercial spaces and three renovated, full-floor residences. Could be delivered fully vacant, all free-market tenants with compelling CAP rate for investment purposes. The residential interiors blend prewar character with thoughtfully updated kitchens and baths. Select apartments feature gracious bay windows, soaring ceilings, original parquet floors, wood-burning fireplaces, intricate millwork and in-unit laundry. East and west exposures welcome lovely natural light, with rear outlooks over neighboring townhouse gardens. Surrounded by Carnegie Hills fine shops and restaurants, moments from Central Park, the Reservoir and Museum Mile, this distinctive property offers a compelling opportunity to acquire an income-producing townhouse in one of Manhattans most coveted neighborhoods.

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Fireplace
Private outdoor space

Private Garden

Building info
History
What it'll cost
Purchase price
$6,950,000
Asking Price: $6,950,000
Term
30 Years
Down Payment
$695,000 (10%)
Min: 10% (695,000)
Rate
6.5 %
Mortgage Amount
$6,255,000
Mortgage Payment
$39,536
Estimated Yoreevo rebate
$121,625
Estimated closing cost
$165,000
Total monthly cost $39,536
Buy your dream home with us and get an estimated
$121,625 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sothebys International Realty

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