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The Wales, 1295 Madison Avenue, #2B

$3,300,000 ($1,862 per ft2) -5.7% | 2 beds, 2.5 baths | Approx. 1,772 ft2
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36 days on Market

Key Details

  • Listed: Mar 28, 2024
    Last Price Change: -5.7% ($200,000) on Apr 2
    Days on Market: 36
    Building Type: Condominium
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $3,194
Monthly Real Estate Taxes: $2,845
Total Taxes & Fees: $6,039 ($3.41/ft2)
Est. Monthly Mortgage: $18,297
Total Est. Monthly Carrying Cost: $24,336 ($13.73/ft2)
Note: the above is based on a down payment of 20% ($660,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: Situated in the desirable Carnegie Hill neighborhood on the Upper East Side, this spacious 1,772 square-foot residence is a short walk to Central Park, the Metropolitan Museum of Art, and the Guggenheim. The historic building boasts a beautifully restored Beaux-Arts façade and is located in a historic district with a landmarked status.
  • Interior Features: The residence features two bedrooms, two bathrooms, and a powder room, with solid white oak floors in a herringbone pattern in the entertaining areas. The grand living room and dining room offer treetop Madison Avenue views and coffered ceilings, while the open kitchen is perfect for entertaining, equipped with high-end appliances.
  • Bedroom Details: The primary bedroom suite comes with two walk-in closets and a five-fixture bath, while the secondary bedroom has an en-suite bath. Both bedrooms enjoy ample natural light from the western exposures.
  • Building Amenities: The building offers full-time doorman and concierge services, a fitness center with Peloton and Hydrow equipment, a pet spa with grooming station, cold storage with the doorman, bicycle storage, and private storage for purchase. There's also a bike room, resident storage, and a live-in superintendent.
  • Laundry and Climate Control: The unit includes a washer, vented dryer, and dedicated wash sink, with additional laundry room in the building. It also features a zoned heating and cooling system and a Kohler Aquifer water filtration system.
  • Pet-Friendly: The building is pet-friendly with pet services available, including a pet spa with grooming station.

Description

Every room lining Madison Avenue, this spacious 1,772 square-foot residence has two bedrooms, two bathrooms, and a powder room. Now ready for immediate closing, Residence 2B has western exposures and is one of the most desirable two-bedroom new development condominiums on the Upper East Side.

The entry foyer opens onto a grand living room and dining room with treetop Madison Avenue views and coffered ceilings. Classically scaled yet modern, the open kitchen is perfect for entertaining.

Solid white oak floors in a herringbone pattern span the entertaining areas.

The kitchen by interior designer Cabinet Alberto Pinto has custom white lacquer millwork with Art Deco-inspired geometric relief patterning. Countertops and backsplashes are decked in brilliant Crystal Grey calacite slabs. It is appointed 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.

Of epic proportions, the primary bedroom suite has two walk-in closets and a five-fixture bath with Bianco Carrera and Grigio Nicola marble flooring.

The custom vanity has Bianco Carrera countertops and Kallista chrome fittings.

The secondary bedroom has an en-suite bath with 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. In its own utility closet are the washer, vented dryer, and dedicated wash sink.

The zoned heating and cooling system and Kohler Aquifer water filtration system offer complete comfort.

Now offering immediate closings, The Wales is a beloved Carnegie Hill landmark reimagined for full-service condominium living on the Upper East Side. The 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, cold storage with the doorman, bicycle storage, and private storage for purchase.

The complete offering terms are in an offering plan available from the Sponsor.

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

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Apartment Amenities

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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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