1115 Madison Avenue
1115 Madison Avenue, New York, NY 10028
BBL 1014950049 · BIN 1046787
- Year built
- 1963
- Type
- Cooperative
- Units
- 57
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Flip tax
- 3% of the purchase price, paid by the seller
- Doorman
- Doorman (hours not stated)
Every recorded sale at this building, 2006–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $2M
- 4 qualifying sales
- Recent range
- $1.6M – $6.6M
- Listing discount
- 5.2%
- Recorded transfers
- 43
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A Private Pricing Opinion — what your apartment at 1115 Madison Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
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 frame the building. Across 57 apartments and 17 stories, PLUTO's 126,875 square feet of residential building area works out to about 2,200 square feet of gross area per apartment. That is allocated gross area, including walls, corridors and service space, not the measured size of an apartment, so confirm layouts and dimensions apartment by apartment. 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, and simpler systems.
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 carry a large allocated residential area per apartment; the actual mix of one-, two-, and three-bedroom homes should be confirmed from the floor plans rather than inferred from area.
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 of a later design than their pre-war counterparts, whose current condition needs recent engineering reports. 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 building that handles the everyday logistics of city living. The post-war structure also means mechanical systems of a later design, whose current condition should be confirmed in recent engineering reports, and the kind of larger, more adaptable floor plans that renovation-minded buyers favor.
Board policies vary by building. Confirm the building's current financing, residency, renovation and subletting requirements from its governing documents and application instructions; a clean, well-documented package strengthens an application.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- Equal to 3% of the purchase price
- Rate
- 3% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of September 2026
Purchase
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
| Move In Fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
| Move Out Fee | Paid by Seller | When With the application | Amount $1,000 | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If Financing | Paid by Buyer | When At closing | Amount $300 (if applicable) | Refundable Non-refundable |
| Managing Agent Transfer Fee | Paid by Seller | When At closing | Amount $900 (Seller is an Individual) or $1000 (Seller is an Estate) | Refundable Non-refundable |
Sublet
3 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Subtenant | When With the application | Amount $550 | Refundable Non-refundable |
| Service ChargeRecurring | Paid by Subtenant | When With the application | Amount Equal to the greater of (1) one month's rental per year of the sublease or (2) one month's maintenance per year of the sublease | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Security DepositRequired | Paid by Subtenant | When With the application | Amount Equal to 2 month's maintenance for the first year, 2 months for the second year and 3 months for the third year | Refundable Not stated |
Refinance
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeRequired | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $35 | Refundable Non-refundable |
Ownership transfer
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $600 | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Buyer | When With the application | Amount $100 per applicant/occupant | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant/occupant | Refundable Non-refundable |
| Messenger Fee | Paid by Buyer | When With the application | Amount $65 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Maintenance, per room
- $755 per room a monthMedian of 6 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.08 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $60,006/yr
- Per unit / month range
- $0 – $88
- Modeled exposure split equally across 57 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 18, 2026 | 4A | 2 BR · 2.5 BA · 1,622 sf | $1,800,000 | $1,110/sf | -5.2% |
| Dec 23, 2025 | 17A | 5 BR · 5 BA | $5,500,000 | +0.0% | |
| Jul 14, 2025 | 4CD | 5 BR · 6 BA | $6,600,000 | -5.6% | |
| Mar 6, 2024 | 15A | 2 BR · 2.5 BA · 2,250 sf | $2,435,000 | $1,082/sf | -2.4% |
| Oct 27, 2023 | 16A | 1 BR · 1.5 BA · 1,280 sf | $1,570,000 | $1,227/sf | -1.6% |
| Oct 18, 2023 | 10A | 2 BR · 2.5 BA | $1,800,000 | -20.0% | |
| Jun 22, 2023 | 15B | 2 BR · 2.5 BA | $2,287,000 | -15.3% | |
| Sep 15, 2022 | 3A | 2 BR · 2 BA | $2,050,000 | -2.4% |
Market read. Most recent trades (2026 to date) cleared a median $1,044/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01495-0049). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
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At the recent median sale of $5.5M (3 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $138,300 to close, or 2.5% of the price.
- Mansion tax: $123,750
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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 layouts are the trade. Expect larger windows and more adaptable plans than the pre-war avenues — and fewer period flourishes; current system condition needs recent engineering reports and board materials.
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
If you're considering 1115 Madison Avenue, also evaluate:
- 1178 Madison Avenue — Carnegie Hill Madison Avenue peer to the north
- 35 East 85th Street — comparable post-war full-service co-op a block away
- 64 East 86th Street — Carnegie Hill post-war building nearby
- 111 East 85th Street — comparable Carnegie Hill cooperative
- 108 East 82nd Street — nearby Upper East Side full-service building
More Upper East Side buildings
- 1091 Lexington Avenue — 1959 co-op
- 1095 Madison Avenue — 1912 co-op
- 1114 Madison Avenue — 1938 co-op
- 1122 Madison Avenue — condominium by Hill West Architects
- 1131 Third Avenue — 1961 co-op
- 1150 Third Avenue (167 East 67th Street) — 1960 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com