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The Wales, 1295 Madison Avenue, #3

$7,995,000 ($2,688 per ft2) | 5 beds, 4.5 baths | Approx. 2,974 ft2
Building Profile  | 
172 days on Market

Key Details

  • Listed: Jun 2, 2024
    Days on Market: 172
    Building Type: Condominium
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 181 times
Monthly Common Charges: $5,387
Monthly Real Estate Taxes: $5,600
Total Taxes & Fees: $10,987 ($3.69/ft2)
Est. Monthly Mortgage: $42,424
Total Est. Monthly Carrying Cost: $53,411 ($17.96/ft2)
Note: the above is based on a down payment of 20% ($1,599,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 2,974 square foot apartment is located in the prestigious Carnegie Hill neighborhood on the Upper East Side, just one block away from Central Park. It's in close proximity to dining options, Museum Mile, and is part of a landmarked building in a historic district.
  • Architectural Excellence: The property boasts historic Italianate architecture with a newly restored ornate neo-Renaissance facade. The interiors are designed by the distinguished Paris-based studio Pinto, featuring custom decorative cornices, white oak flooring, and nearly 10’ ceilings.
  • Luxurious Amenities: The building offers upscale amenities including a fitness center, pet spa, bicycle storage, an attended lobby, resident storage, and pet services. There is also a full-time doorman and live-in superintendent for added security and convenience.
  • High-End Kitchen: The apartment features a high-end kitchen equipped with an integrated Sub-Zero refrigerator and wine fridge, Wolf gas range with an outside vented hood, Wolf wall oven, Wolf speed oven, and integrated Cove dishwasher.
  • Master Suite: The primary bedroom suite comes with an oversized walk-in closet and a five-fixture bathroom featuring Bianco Carrera and Grigio Nicola marble geometric tile flooring.
  • Additional Features: The apartment is upgraded with electronic window treatments and custom California closets. It also includes an in-unit washer/dryer and a generously sized laundry room.

Description

*Investor Unit Only- Tenant In Place Until August 2025* Presenting Residence 3 at The Wales. An elegant 5-bedroom apartment, 3 is the first resale unit available on the market. The Wales is a luxury prewar new development condominium located in the landmarked building, the Hotel Wales, in the Upper East Side’s Carnegie Hill neighborhood at 1295 Madison Ave, on the corner of 92nd Street. The building is an excellent example of historic Italianate architecture and features a newly restored ornate neo-Renaissance facade. This unique development features 21 units.

The Wales’ elegant interiors were designed by the distinguished Paris-based studio Pinto. Located one block from Central Park, The Wales offers refined living with meticulously crafted residences, a sophisticated attended lobby, and upscale amenities including a fitness center, pet spa, and bicycle storage. This elegant residence is a half-floor corner home with southwestern exposures, spanning 2,974 square feet with five bedrooms, four baths, and a powder room. Upon entry, the residence boasts a gracious entry gallery leading into a 24′ × 21′ 3" great room adorned with coffered ceilings and southern and western corner windows.

It features custom decorative cornices, white oak flooring, and nearly 10’ ceilings. This home is move-in ready. For your convenience and comfort, the unit has been upgraded with electronic window treatments throughout, as well as custom California closets in every closet. The home also features a generously sized laundry room with full-sized units already installed. The enclosed eat-in kitchen showcases custom white lacquer millwork with Art Deco-inspired geometric relief patterning, accompanied by Crystal Grey calcite slab countertops and backsplashes.

High-end appliances include an integrated Sub-Zero refrigerator and wine fridge, Wolf gas range with an outside vented hood, Wolf wall oven, Wolf speed oven, and integrated Cove dishwasher. The primary bedroom suite offers an oversized walk-in closet upgraded with custom California Closets outfitting, and a five-fixture bathroom featuring Bianco Carrera and Grigio Nicola marble geometric tile flooring. A custom-designed white glossy lacquer vanity with Bianco Carrera countertops and Kallista chrome fittings completes the space. Situated in the attractive, pre-war neighborhood of Carnegie Hill, this rare, move-in ready, pre-war condo home positions you at the heart of the neighborhood’s historic charm, dining options, Museum Mile, and Central Park.

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Listing courtesy of Compass

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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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