Cooperative · 1963
1115 Madison Avenue
1115 Madison Avenue, New York, NY 10028
Buildings·Cooperative

1115 Madison Avenue

1115 Madison Avenue, New York, NY 10028

At a glance
Year built
1963
Type
Cooperative
Units
57
Landmark
No

1115 Madison Avenue is a 1963 full-service cooperative on the Madison Avenue spine of the Upper East Side, in the heart of Carnegie Hill near East 84th Street — one block from Central Park and the Museum Mile. It represents a specific and frequently underestimated category of East Side housing: the post-war apartment house, built after the pre-war boom ended, that traded the ornament of the 1920s for larger, more efficient layouts and modern building systems, on a corridor where almost everything else is a pre-war co-op.

The numbers tell the story. Across 57 apartments and 17 stories, the building averages well over two thousand square feet per residence — a generous figure that signals substantial, family-scale layouts rather than the studio-and-one-bedroom density of many post-war towers. For a buyer who values space, light, and an adaptable plan over carved limestone and beamed ceilings, that is exactly the right trade: bigger rooms, larger windows, simpler systems, and frequently more flexible board cultures than the pre-war avenues a few blocks west.

What truly sets the address apart is its position. The Madison Avenue gallery-and-boutique corridor — flagship fashion, art dealers, cafés, and the neighborhood's established restaurant row — is at the door. Central Park and the Fifth Avenue museums, with The Metropolitan Museum of Art a short walk south, are one block west. The 86th Street station serves the Lexington Avenue 4, 5, and 6 lines, and the Second Avenue Q is a short walk east. It is one of the most walkable luxury settings in Manhattan: culture, retail, and the park all within a few hundred yards.

Architecture and unit composition

1115 Madison Avenue is a post-war masonry tower, a building defined by plan efficiency and light rather than exterior ornament. Its 57 apartments across 17 stories, combined with the generous average square footage, point to a layout mix weighted toward large one-, two-, and three-bedroom homes.

Post-war signatures are characteristic of the 1963 vintage: larger windows and more daylight than the typical pre-war apartment, comfortable ceiling heights, efficient room flow, and building systems following a more modern logic than their pre-war counterparts. Many residences in a building of this era have been renovated, so the specific home's layout, exposure, floor, and renovation history are the determinants of value. Higher floors gain open light, and certain lines benefit from the cross-street openness and proximity to the low-rise museum blocks toward the park; exposures divide between the Madison Avenue frontage and interior orientations.

Building operations

1115 Madison Avenue operates as a full-service post-war cooperative with doorman service and a resident superintendent — a staffed, secure building that handles the everyday logistics of city living. The post-war structure also means simpler mechanical systems and the kind of larger, more adaptable floor plans that renovation-minded buyers favor.

Board posture at post-war Carnegie Hill cooperatives tends to run more flexible than at the prime pre-war avenues, with renovation latitude and a practical approach to ownership that suits buyers who want to make a large apartment their own. Financing and residency expectations follow Upper East Side cooperative norms; a clean, well-documented package strengthens an application.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$34,022/yr
Per unit / month range
$0 – $50
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
On record
$9,250 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Sales context at 1115 Madison Avenue:

  • Turnover is modest given the 57-unit scale — typically a small number of closings in a given year.
  • Pricing tracks Carnegie Hill post-war values, with the building's larger floor plates supporting prices that scale with apartment size, floor, and renovation level; the Madison Avenue address itself carries a premium.
  • The building's automatically updated sales page tracks recorded transfers at the apartment level; the figures here describe cadence and range only.

What to know if you’re buying

You're buying space at a prime address. Large, family-scale layouts in a fully staffed building, on the Madison Avenue boutique corridor one block from Central Park and the Met, are the core proposition.

Post-war systems and layouts are the trade. Expect larger windows, better light, simpler systems, and more adaptable plans than the pre-war avenues — and fewer period flourishes.

The location is the differentiator. Madison's shops and galleries at the door, the museums and park a block west, and the 4/5/6 and Q trains nearby make this one of the most convenient corners on the East Side.

Underwrite the specific apartment. With a small, varied unit count, the home's size, floor, exposure, and renovation history drive value.

What to know if you’re selling

Lead with space and the address. The combination of family-scale layouts and a Madison Avenue / Carnegie Hill location — galleries, museums, and the park at hand — is the headline; emphasize it over period detail.

Highlight the lifestyle. A staffed building steps from the Madison boutique corridor, the Met, Central Park, and the subway appeals to buyers who want turnkey, culture-rich city living.

Price to the apartment. Size, floor, exposure, and renovation level drive value across a varied unit mix; comparable analysis should be line-specific.

Closing timelines are co-op standard. Plan for roughly 6–10 weeks from contract to closing, subject to board scheduling.

Comparable buildings

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The Roebling Team at 1115 Madison Avenue

The Roebling Team at Compass specializes in the Upper East Side, Carnegie Hill, Madison and Fifth Avenue, Central Park West, and the broader Park-facing Manhattan market. We publish this profile because Carnegie Hill buyers and sellers deserve building-specific intelligence — layouts, board culture, transactional mechanics, and apartment-level pricing — not generic market commentary.

If you're considering a purchase or sale at 1115 Madison Avenue, a 30-minute consultation is the right starting point.

Considering a move at 1115 Madison Avenue?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com