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1285 Madison AvenueNew York, NY 10128

For Sale

$6,950,000

Smart Buyer Rebate $86,875

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 Hill’s 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 Manhattan’s most coveted neighborhoods.

Listed by Kristi Ambrosetti

·

Sothebys International Realty

·

(917) 763-8504

Last updated October 25, 2026

·

Source: REBNY #RLS20122110

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodCarnegie Hill
  • Bedrooms5
  • Bathrooms5.5
  • Days on Prevu10
  • Taxes$118,716/year
  • Size5,283 sqft
  • Price per sqft$1,316

Amenities

  • Dishwasher
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

10/21/2026
Listed by Sothebys International Realty
$6,950,000
  1. 10/21/2026$6,950,000
    Listed by Sothebys International Realty

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$156,375
Title Insurance
$31,275
Bank Attorney
$1,500
Mortgage Recording Tax
$120,408
Other Closing Costs
$4,000
Total
$317,558

Estimated closing costs are based on the list price of $6,950,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1285 Madison Avenue

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 6
  • Stories Total: 5
  • Structure Type: Townhouse
  • Year Built: 1890
  • Entry Level: 1

Measurements

  • Building Area Total: 5,283
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,243
  • Lot Size Dimensions: 20
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 1503-0055
  • Tax Annual Amount: $118,716.00

Interior

Features

  • Appliances: Dryer, Dishwasher, Washer
  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area: 5,283
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 5
  • Bedrooms Total: 5
  • Rooms Total: 13

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Upper East Side
  • Tax Block: 00001
  • Tax Lot: 0055

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 5.5 bathrooms in this single-family home at 1285 Madison Avenue.

What are the annual taxes for 1285 Madison Avenue?

Annual taxes for this single-family home are estimated at $118,716.

How does 1285 Madison Avenue compare to other single-family homes in Carnegie Hill?

This single-family home is listed 69% below the average price for single-family homes in Carnegie Hill and has been on the market for 106 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 5,283 sqft.

1285 Madison Avenue is a 5-bedroom, 5.5-bath single-family home for sale in New York NY 10128. Available on Prevu for 10 days at $6,950,000. This property features 5,283 square feet of living space, located in Carnegie Hill. The median listing price for single-family homes in this area is $2,195,000. Property amenities include dishwasher and washer/dryer. View other single-family home listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.