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The Wales, 1295 Madison Avenue, #PENTHOUSE
Doorman condo in Carnegie Hill, Listed on Apr 3, 2024 (333 days on market)
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The Wales
1295 Madison Avenue, #PENTHOUSE

Doorman condo in Carnegie Hill, Listed on Apr 3, 2024 (333 days on market)
$19,500,000 -9.3%
$4,666 / ft2
5 beds, 5.5 baths
~4,179 ft2
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The Wales, 1295 Madison Avenue, #PENTHOUSE

$19,500,000 -9.3% ($4,666 / ft2) | 5 beds, 5.5 baths | ~4,179 ft2
In Contract
Doorman condo in Carnegie Hill, Listed on Apr 3, 2024 (333 days on market)

Highlights

  • Stunning Views and Elegant Design: The apartment offers stunning views of Central Park and the Reservoir, and features an elegant entry gallery with a dedicated elevator and curved stair to the roof terrace. The primary bedroom suite has terrace access, western sunset views, and a luxurious five-fixture bathroom.
  • Comfortable Living: The secondary bedrooms come with en-suite bathrooms, one with direct terrace access. The utility room is equipped with a side-by-side washer / vented dryer and a stainless steel sink. The apartment also has central AC and an in-unit washer/dryer.
  • Luxurious Penthouse Apartment: This expansive 5-bedroom, 5.5-bathroom penthouse apartment boasts a 4,179 sq ft interior and 3,114 sq ft of outdoor space over two levels. It features an outdoor kitchen with a wet bar, a fireplace, and a butler’s pantry, as well as a custom-designed kitchen with high-end appliances and ample storage space.
  • Prime Location: Located in the historic Carnegie Hill neighborhood, the apartment is close to Central Park, the Metropolitan Museum of Art, and the Guggenheim. It also offers a bike room and resident storage.
  • Landmarked Building: The building is a residential conversion of the landmarked Hotel Wales, with its ornate Beaux-Arts façade restored to its original grandeur. It is situated in a historic district, adding to its charm and appeal.
  • Building Amenities: The building offers a range of amenities including a 24-hour attended lobby, fitness center, pet spa, bicycle storage, and private storage for purchase. There is also a live-in superintendent and pet services available.
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Key Features

  • Penthouse
  • Pets allowed
  • Fitness center
  • Pre-war
  • Condominium
  • New Development
  • Terrace

Monthly Taxes, Common Charges & Estimated Mortgage

Common Charges
$9,293
$2.22 /ft² /mo
Real Estate Taxes
$8,278
$1.98 /ft² /mo
Total RE Taxes and CC
$17,571
$4.20 /ft² /mo
Estimated Mortgage
$101,804
Note: the above is only an estimate and is based on a down payment of 20% ($3,900,000) and a 30 year fixed mortgage at 6.81%.
Total Estimated
Monthly Cost
$119,375
$28.57 /ft² /mo

Nearby Subways

  1. 6
at Lexington Ave 0.25 miles
  1. 4
  2. 5
at Lexington Ave 0.36 miles

Listing History

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About The Wales, 1295 Madison Avenue

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Listing courtesy of Corcoran Sunshine Marketing Group

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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