Cooperative · 1926
1178 Madison Avenue
1178 Madison Avenue, New York, NY 10028
Buildings·Cooperative

1178 Madison Avenue

1178 Madison Avenue, New York, NY 10028

At a glance
Year built
1926
Type
Cooperative
Units
102
Landmark
Designated

1178 Madison Avenue — known on its side street as 25 East 86th Street — is a 1926 pre-war cooperative holding the full Madison Avenue blockfront at one of Carnegie Hill's most important corners. The 86th Street crosstown is the spine of the neighborhood: it carries the museum-district foot traffic toward Central Park to the west and Yorkville to the east, and it marks the transition from the Madison Avenue retail corridor into the residential heart of Carnegie Hill. A pre-war building on this corner sits at the center of that activity while keeping the dignified, low-key register that defines the district.

The building converted to cooperative ownership in 1967 and was given a major facade restoration in 1999 — a stewardship history that matters in a 1920s masonry building. At 15 stories and 102 apartments above a row of Madison Avenue stores, it is substantial but not sprawling: large enough to support a deep staff and 24-hour service, intimate enough to hold a settled cooperative culture.

For buyers, 1178 Madison offers the combination that defines durable Upper East Side value: serious pre-war architecture, a prime Carnegie Hill corner one block from Central Park and the Metropolitan Museum, and a notably flexible board — pets, pied-à-terre ownership, and financing to 50% are all permitted, a more accommodating posture than many of the avenue's white-glove co-ops.

Architecture and unit composition

The building reads as classic Carnegie Hill: a limestone base grounding the composition, a dark-brick body above with restrained period ornament, and a vaulted, attended lobby behind the entrance. At 15 stories and roughly 102 apartments, the per-unit footprint is generous — the signature of true pre-war family layouts rather than the compact configurations of later decades.

Apartments carry the period's hallmarks: herringbone oak floors, beamed ceilings, formal entry galleries, separated living and dining rooms, and the deep closet and service infrastructure of 1920s luxury design. A number of homes retain wood-burning fireplaces, staff or maid's rooms, and semi-private elevator landings. Madison Avenue lines look over the avenue's retail and the Carnegie Hill streetscape; 86th Street exposures carry the crosstown light, and higher floors gain open sky with partial park-direction views to the west on favorable lines.

Building operations

1178 Madison operates as a white-glove pre-war cooperative: a 24-hour doorman and concierge, an attended vaulted lobby, a live-in superintendent, a bike room, central laundry, and private storage. As a 1926 masonry building inside a historic district, the capital cycle centers on facade and Local Law 11 work — the 1999 restoration is part of that ongoing stewardship — alongside elevator modernization and the maintenance of original detail.

The board's posture is comparatively open. Pets are permitted, pied-à-terre ownership is allowed, and the building permits financing up to 50% of the purchase price — terms that broaden the buyer pool relative to the avenue's stricter all-cash and primary-residence-only houses. Renovation scope is shaped by the board's attention to preserving period character and by the building's position within the Carnegie Hill Historic District.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
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
SWARMP
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
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 1178 Madison, kept general:

  • The roughly 102-unit scale supports a moderate cadence — a building of this size typically sees a handful of closings per year.
  • Pricing spans a wide range tied to apartment size, floor, exposure, and renovation condition, with the large classic family layouts at the top.
  • Carnegie Hill pre-war co-ops generally hold value well through cycles given the durable appeal of the architecture and the Museum Mile location.

What to know if you’re buying

The flexible board is a genuine differentiator. Pets, pied-à-terre ownership, and financing to 50% widen the field of who can buy here — uncommon latitude for a white-glove Madison Avenue co-op.

The Carnegie Hill corner is the location story. Central Park, the Met, and the Madison retail spine are all within an easy walk.

Pre-war architecture is the structural asset. Herringbone floors, beamed ceilings, fireplaces, and gracious room proportions reflect 1920s luxury design and don't get rebuilt today.

Renovation runs through the board and the district. Plan scope around the building's preservation posture and the Carnegie Hill Historic District.

What to know if you’re selling

Lead with vintage, service, and flexibility. The 1926 pedigree, 24-hour doorman-and-concierge operation, and accommodating board policy are the headline assets.

Price at the apartment level. Floor, exposure, layout, and renovation history drive value across the building's mixed inventory.

Closing timelines are co-op standard. Plan on roughly 6–10 weeks from contract to closing, subject to board package and approval pacing.

Comparable buildings

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The Roebling Team at 1178 Madison Avenue

The Roebling Team at Compass specializes in the Upper East Side, 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 — architecture, board culture, transactional mechanics, and apartment-level pricing — not generic market commentary.

If you're considering a purchase or sale at 1178 Madison, a 30-minute consultation is the right starting point.

Considering a move at 1178 Madison Avenue?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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