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The Wales, 1295 Madison Avenue, #PENTHOUSE

$19,500,000 ($4,666 per ft2) | 5 beds, 5.5 baths | Approx. 4,179 ft2
Building Profile  | 
232 days on Market

Key Details

  • Listed: Apr 3, 2024
    Last Price Change: ($2M) on Apr 19
    Days on Market: 232
    Building Type: Condominium
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,272 times
Monthly Common Charges: $9,293
Monthly Real Estate Taxes: $8,278
Total Taxes & Fees: $17,571 ($4.20/ft2)
Est. Monthly Mortgage: $103,473
Total Est. Monthly Carrying Cost: $121,044 ($28.96/ft2)
Note: the above is based on a down payment of 20% ($3,900,000), which is the minimum amount permitted by the building.

Insider 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.

Description

Ready for immediate occupancy, the Penthouse at The Wales is a one-of-a-kind full floor residence offering a gracious 4,179 SF interior with an expansive 3,114 SF of outdoor space over two levels. Gracious outdoor entertaining spaces include a wraparound entertaining terrace and a separate roof terrace with Central Park views, an outdoor kitchen with a wet bar, a fireplace, and a butler’s pantry. Designed by Parisian firm Cabinet Alberto Pinto, the penthouse offers five bedrooms, five bathrooms, and two powder rooms and takes advantage of its 360 degree exposures filling the residence with sunlight and views of Central Park and the Reservoir.

An elegant entry gallery, with a dedicated elevator and curved stair to the roof terrace, leads to a gracious corner great room with an elegant fireplace, coffered ceilings, captivating southwestern corner windows, and terrace access on two exposures through grandly scaled French doors. The windowed eat-in-kitchen, custom-designed by Cabinet Alberto Pinto, features white lacquer cabinetry designed with an Art Deco-inspired geometric relief pattern and inset stainless steel and white oak details offset by crystal gray calcite slab countertops and backsplashes. A white lacquer island offers a generous space for casual dining and preparation and a full-height pantry offers an abundance of storage space.

Appliances include a Sub-Zero refrigerator and wine storage, a Wolf gas range, oven, and speed oven, an outside vented hood, a Cove dishwasher, and a wine refrigerator by XO. An outdoor grill, located on the terrace, is directly accessible from the kitchen.

Interiors, custom designed by Cabinet Alberto Pinto, are outfitted with decorative cornices and base moldings, white oak flooring in a natural waxed finish in a herringbone pattern in entertaining rooms, white oak plan flooring in bedrooms, and lofty ceilings.

Each residence includes a zoned heating and cooling system which assures year-round comfort.

The impeccably designed primary bedroom suite includes terrace access and western sunset views, an oversized walk-in closet, and a five-fixture bathroom with Bianco Carrera and Grigio Nicola marble geometric tile flooring, Bianco Carrera walls, a white glossy lacquer vanity with Bianco Carrera marble countertop, a Kaldawei Centro Duo oval tub and separate standing shower, and Kallista fittings in a chrome finish.

The secondary bedrooms, one of which includes direct terrace access, feature en-suite bathrooms with custom vanities in a beige glossy lacquer finish and Bianco Estremoz marble countertops and Crema Marfil and Bianco Estremoz marble tile flooring and walls. The powder room features White Civec marble walls and Calacatta Oro marble floors and wainscoted walls.

The residence also features a utility room with a side-by-side washer / vented dryer and a stainless steel sink.

The Wales’ elegant 24-hour attended lobby features coffered ceilings, a custom walnut and marble concierge desk, and antique mirrored walls. Amenities include a sophisticated oak-paneled fitness center with Peloton and Hydrow equipment, a pet spa with grooming station, bicycle storage, and private storage for purchase.

The Wales Condominium is ready for immediate occupancy.

File# CD200207. Sponsor Name: 1295 Property LLC. 1636 A Third Avenue, New York, NY 10128. Equal Housing Opportunity

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Apartment Amenities

  • Terrace
Listing courtesy of Corcoran Sunshine Marketing Group

Pricing History

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About The Wales, 1295 Madison Avenue

Building Amenities

  • Conversion Year: 2023
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Elevator
  • Fitness Center
  • Laundry Room
  • In-Unit Washer/Dryer
  • Bike Room
  • Landmarked
  • Live-In Superintendent
  • Terraces / Balconies
  • Pet Services
  • Historic District

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Subways

  1. 6
at Lexington Ave 0.25 miles
  1. 4
  2. 5
at Lexington Ave 0.37 miles

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