Madison Court
1361 Madison Avenue, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1015070021 · BIN 1047427
- Year built
- 1901
- Type
- Cooperative
- Landmark
- Designated
Every recorded sale at this building, 2000–2024
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $383K
- Recent range
- $375K – $1.3M
- Listing discount
- 3.3%
- Recorded transfers
- 50
Madison Court is one of Carnegie Hill's early apartment houses — built at the very turn of the twentieth century, on the corner of Madison Avenue and East 95th Street, when this northern stretch of the Upper East Side was just beginning to fill in with the kind of solid, full-service buildings that now define it. At seven stories and 52 apartments, it is a low, broad, intimate building of a type that has become genuinely scarce: human-scaled prewar living, with a doorman, in the heart of one of Manhattan's most coveted residential neighborhoods.
The setting is the argument. Carnegie Hill is the quiet, leafy, school-and-museum precinct at the top of the Upper East Side — Central Park and Museum Mile a few blocks west, the Cooper Hewitt and the Jewish Museum nearby, and some of the city's most sought-after independent schools within walking distance. Madison Avenue here is a calmer, more neighborhood-feeling retail corridor than its high-fashion stretch to the south, full of cafés, specialty food shops, and the everyday businesses that make a block livable. A home at 1361 Madison puts all of it at the doorstep.
For buyers, the building offers something increasingly rare: a true prewar co-op, in a landmarked district, with full-time staffing and notably flexible ownership terms — at a Carnegie Hill address that holds its value through cycles.
Architecture and unit composition
Madison Court rises seven stories and holds 52 residences, a configuration that yields the wide, well-proportioned apartments characteristic of early prewar construction. The building presents a dignified masonry face to Madison Avenue and East 95th Street, and residents enter through a grand, well-maintained attended lobby that sets the tone for the rest of the building.
Inside, the apartments carry the hallmarks of their era — generous room sizes, real ceiling height, and the kind of plaster-and-masonry solidity that distinguishes a 1902 building from anything built in the postwar decades. The unit mix runs from smaller homes suited to a pied-à-terre or first purchase up through larger family layouts, and the building's place within the Expanded Carnegie Hill Historic District protects both its own façade and the gracious low-rise streetscape around it.
Building operations
The building is staffed with a 24-hour doorman and a live-in resident manager — full-time service at a scale that buyers increasingly prize. Common amenities include a bike room, a central laundry, and private storage. The grand lobby is a point of pride and is kept to a high standard.
On policy, Madison Court is among the more accommodating prewar co-ops in the area: financing is permitted up to 75 percent of the purchase price — uncommon for a building of this vintage — and pied-à-terre purchases and guarantors are considered on a case-by-case basis. Pets are permitted with board approval. The building carries a transfer fee (flip tax) on sale, and subletting is allowed subject to the board. These are owner-friendly terms that meaningfully widen the buyer pool.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
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 →Management & transfer contacts
- Flip tax
- $21 per share (Shareholder)
- Sublet policy
- Management; sublet fee 15% of gross annual rent yr1, 20% yr2
- Notable fees
- Transfer fee $1,250; move in/out $500 each; $600 app; $250/POA
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Nov 18, 2024 | 7D | 1 BA · 550 sf | $470,000 | $855/sf | -5.1% |
| Feb 16, 2024 | 4D | 1 BA · 400 sf | $383,000 | $958/sf | -4.0% |
| Nov 1, 2023 | 3A | 2 BR · 2.5 BA | $1,325,000 | +10.4% | |
| Sep 14, 2023 | 3D | 1 BA | $375,000 | -2.6% | |
| Oct 28, 2022 | 6B | 2 BR · 2 BA · 1,346 sf | $1,745,000 | $1,296/sf | -5.7% |
| May 26, 2021 | 4E | 3 BR · 3.5 BA · 2,000 sf | $2,950,000 | $1,475/sf | -1.5% |
| Feb 22, 2021 | 2AA | 3 BR · 2 BA | $1,050,000 | -12.2% | |
| Oct 1, 2020 | 7E | 3 BR · 4 BA · 2,100 sf | $2,999,000 | $1,428/sf | -4.8% |
Market read. Most recent trades (2024) cleared a median $905/sf across 2 sales. Median listing discount 3.7% 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 1-01507-0021) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.
What to know if you’re buying
This is a prewar cooperative, so expect a board package and interview. The terms here, though, are unusually friendly for the type: 75 percent financing, pied-à-terres and guarantors considered case by case, and pets allowed with approval all broaden who can buy. Budget for the building's transfer fee at closing and for maintenance that funds the 24-hour doorman, resident manager, and the care of an early-1900s structure.
What you are acquiring is a full-service prewar home in landmarked Carnegie Hill — a neighborhood whose schools, parks, and quiet streets sustain demand through every market. We help buyers read the building's financials, weigh maintenance against comparable co-ops, and target the apartments that best fit their needs and hold value.
What to know if you’re selling
The selling case is the address and the flexibility. A full-service prewar co-op in the Expanded Carnegie Hill Historic District, with 75 percent financing and a pied-à-terre allowance, appeals across a wide buyer pool — families drawn to the schools, downsizers wanting service and scale, and buyers who simply want a Madison Avenue address without the most restrictive board rules.
Price to the Carnegie Hill prewar cohort, adjusting for floor, exposure, and condition. A renovated apartment with good light will lead the market; a dated one leaves value that thoughtful pre-sale preparation can recover. We position each listing against the right comparables and manage the board process to a clean close.
Comparable buildings
If you're considering Madison Court, also evaluate these nearby Carnegie Hill and Upper East Side prewar co-ops:
- 1115 Madison Avenue — a 1963 full-service Carnegie Hill co-op
- 1178 Madison Avenue — a 1926 Carnegie Hill co-op
- 1217 Madison Avenue — a 1930 pre-war Carnegie Hill cooperative
- 1254 Madison Avenue — Carnegie Hill cooperative
- 60 East 88th Street — Beyer Blinder Belle's 1987 Upper East Side condominium
The neighborhood
For the full corridor — architecture, schools, 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.
Considering a move at Madison Court?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Madison Court 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.