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$4,425,000
List Price: $4,500,000
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1318 Madison Avenue #TRP
Condo in Carnegie Hill •  building info
4bd • 3.5ba • 2,694ft² $1,670 per ft²
Buy with Yoreevo

$4,425,000

List Price

$4,500,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
16
Last price change
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Estimated payment
$18,189
Taxes
$3,967
Monthly common charges
$0
Description
Unique opportunity to own a townhouse building on Madison Avenue with a turnkey triplex residence and retail frontage. Located in prime Carnegie Hill, the residential portion of the home is a triplex, set up as a fully-renovated townhome with three bedrooms, with the option for a fourth bedroom, and three and a half bathrooms. There are three private outdoor spaces, totaling 520 sf. The townhouse blends a wealth of architecturally stunning details with all the comforts of a modern home. The twelve-foot ceilings throughout, plus three sunlight exposures combine for an overabundance of natural light. The first level flows seamlessly to a raised den/ living room facing Madison Avenue and continues on towards the Canadian cabinetry kitchen which extends onto the homes largest rear terrace. The kitchen features Wolf appliances, a Subzero refrigerator and wine cooler. The cabinetry has slow closing drawers and high-end walnut finished interiors. The newly created half bathroom on the first floor boasts custom made Canadian cabinetry, Carrara marble stonework, and a waterfall faucet. Such details speak to the exceptional quality and craftsmanship of the house. The staircase is 100+ years old original oak. The process of restoring the original staircase took many months and required an incredible amount of talent, focus and detail. The staircase is a focal point adding character and historical authenticity to the townhouse. Continuing to the second floor are the living/ media room and primary bedroom. The primary bedroom has its own private terrace, as well as a custom-made walk-through closet. The primary bathroom features two German made Dornbracht shower heads and a Dornbracht faucet. The bathroom has heated floors, a Toto toilet, Canadian cabinetry and features Arabescato Carrara marble. The top floor has two bedrooms and two full bathrooms as well as a laundry room. The easternmost bathroom features Persian white marble, an American made MTI Andrea 6 soaking bathtub and a glass top white lacquered finished vanity from Spain. It also features a Dornbracht faucet and shower head. The bathroom in the rear is designed like a spa. The porcelain tiles and cabinetry are sourced from Porcelanosa and a Toto toilet and Dornbracht shower head are also within this third full bathroom. Nest thermostats on each floor control the houses central AC and forced air. The AC condensers sit on the brand-new roof. There is one condenser for each floor. The heat is gas based with air handlers on every floor. The electric and plumbing were completely updated as well. Every room in the house has multiple Cat-five connections as well as phone hookups and wiring to alarm windows. Already featured is a WiFi activated Heos surround sound system. There are three cameras that feed into both a cell phone app and two high end monitors. The ground level is a fully leased retail store (inquire for details), to Jeeves Dry Cleaning. 1318 Madison Avenue is located one block from Central Park and in the northern tranquil area of Carnegie Hill. The townhouse is close to landmarks, luxury boutiques, museums and nature. This is a thoughtfully renovated and restored one-of-a-kind home.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
City View
Dishwasher
Central Air
Building Amenities
Laundry in Building
Outdoor Space
Garden
Terrace
History
What it'll cost
Purchase price
$4,500,000
Asking Price: $4,500,000
Term
30 Years
Down Payment
$2,250,000 (50%)
Min: 50% (2,250,000)
Rate
6.5 %
Mortgage Amount
$2,250,000
Mortgage Payment
$14,222
Common Charges
$0
Taxes
$3,967
Estimated Yoreevo rebate
$75,000
Estimated closing cost
$138,000
Total monthly cost $18,189
Buy your dream home with us and get an estimated
$75,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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