- Year built
- 1930
- Type
- Cooperative
1217 Madison Avenue is a 1930 pre-war cooperative in the heart of Carnegie Hill — one of the most coveted residential pockets on the Upper East Side, prized for its low-key, family-oriented, deeply established character. The building belongs to the generation of dignified masonry apartment houses that closed out the 1920s building boom on Madison and Park: solid, well-proportioned, and built for full-floor and family living rather than spectacle.
What sets it apart from much of the surrounding pre-war stock is the depth of its services for a building of only 87 apartments. There is a full-time doorman and a live-in superintendent, a fitness room on the premises, a bike room, central laundry, and private storage — a fuller amenity roster than many 1930s Carnegie Hill co-ops carry, which lets residents handle daily life without leaving the building. Its 15-story height and Madison Avenue address place it amid the neighborhood's particular blend of residential calm and convenience.
For buyers, 1217 Madison offers entry into Carnegie Hill's pre-war cooperative tradition at a building scale that produces a steady, broad mix of inventory rather than a handful of trophy floors. It is the kind of building that anchors a neighborhood without announcing itself.
Architecture and unit composition
The 87 apartments across 15 stories reflect 1930-era pre-war planning: entry foyers, separated living and dining rooms, high ceilings, and hardwood floors, with original detail surviving in varying states depending on prior renovation. The mix spans one- and two-bedrooms through larger classic family layouts and combinations.
Madison Avenue–facing apartments carry avenue exposures; side-street and rear lines have quieter cross-street or interior outlooks. Upper-floor apartments capture more open light and, on the higher floors, partial open views toward Central Park to the west. As with all pre-war buildings, layouts and ceiling heights vary line to line — worth confirming apartment by apartment.
Building operations
1217 Madison Avenue operates as a full-service pre-war cooperative with a full-time doorman, a live-in superintendent, and passenger elevator service. The on-site fitness room, bike room, central laundry, and private storage round out a service package scaled to the building's residents. The 87-unit size supports a stable staffing model and the building-wide capital planning appropriate to a 1930 structure, including ongoing facade maintenance under the city's periodic inspection requirements. Carnegie Hill co-ops of this generation typically run traditional boards with a financing ceiling and a primary-residence orientation; buyers should review the proprietary lease, house rules, and recent financials as part of any purchase.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $55,608/yr
- Per unit / month range
- $0 – $53
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
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 1217 Madison Avenue:
- Turnover is moderate given the 87-unit scale — typically a handful of closings per year.
- Carnegie Hill pre-war pricing rewards renovation quality, floor altitude, and layout; the neighborhood's durable desirability supports stable pricing across cycles.
- The building's sales record is the place to study cadence and pricing; trade-level analysis is best done apartment by apartment.
What to know if you’re buying
Carnegie Hill location is the headline. The neighborhood's family character, school access, and museum proximity are durable value drivers, with the Cooper Hewitt and the upper-Fifth museums a short walk away.
The service package outperforms the building's size. A fitness room, bike room, and live-in super in an 87-unit pre-war co-op are real conveniences and a point of differentiation against thinner-staffed neighbors.
Expect a traditional board. Plan for a primary-residence orientation and a financing ceiling typical of Carnegie Hill co-ops, and budget for the alteration-review process before any renovation.
Budget for pre-war systems. A 1930 building rewards realistic expectations about renovation scope.
What to know if you’re selling
Lead with Carnegie Hill and the service package. Address and neighborhood do much of the work; the doorman, fitness room, and live-in super distinguish the building from leaner pre-war stock.
Price at the apartment level. Floor, line, exposure, and renovation history matter more than building-wide averages.
Closing timelines are co-op standard — generally 6–10 weeks from signed contract to closing.
Comparable buildings
If you're considering 1217 Madison Avenue, also evaluate:
- 1225 Madison Avenue — adjacent-block Carnegie Hill pre-war co-op
- 1192 Park Avenue — nearby Carnegie Hill pre-war co-op
- 1175 Park Avenue — nearby Carnegie Hill pre-war co-op
- 60 East 88th Street — Carnegie Hill pre-war co-op nearby
- 12 East 87th Street — nearby Carnegie Hill pre-war co-op
- 19 East 88th Street — nearby Carnegie Hill pre-war co-op
The Roebling Team at 1217 Madison Avenue
The Roebling Team at Compass specializes in the Upper East Side, Carnegie Hill, the Madison and Fifth Avenue corridors, 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, services, board culture, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at 1217 Madison Avenue, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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