Manhattan Building · 1969
89th & Madison
45 East 89th Street, New York, NY 10128

45 East 89th Street (89th & Madison)

45 East 89th Street, New York, NY 10128

At a glance
Year built
1969

45 East 89th Street is the structural pivot building of postwar Carnegie Hill — built by Rose Associates as their flagship Madison Avenue project, the tower "played a pioneering role in Carnegie Hill's development north of 86th Street."

The structural identity rests on three features. First, the condop policy structure — operating with condominium-style board review, the building offers materially more permissive financing maximums, pied-à-terre, sublet, and foreign-buyer policies than tier-one prewar coops. Second, the private circular driveway off Madison Avenue — the only one of its kind on Madison and one of only a handful in Manhattan. Third, the roof-level year-round pool with retractable roof — among the most substantial amenity packages of any cross-street building in Carnegie Hill.

Geraldo Rivera (news personality) purchased a 40th-floor unit for $5.6 million in a recent transaction — his second purchase in the building, following a 36th-floor unit purchased for $3.4 million in 2011.

Recent sales

  • Geraldo Rivera purchased a 40th-floor unit for $5.6 million (recent; his second purchase in the building)
  • Geraldo Rivera purchased a 36th-floor unit for $3.4 million (2011)

Per 6sqft, "Geraldo Rivera Buys $5.6M Condo, His Second Purchase in UES Building."

Apartment-level closing detail should be sourced from NYC Department of Finance recorded transfers.

What to know if you’re buying

The condop structure is the structural differentiator. Materially more permissive than tier-one Carnegie Hill prewar coops on financing, pied-à-terre, sublets, foreign buyers, and LLC ownership.

The roof-level year-round pool with retractable roof is structurally distinguishing. Uncommon amenity for any Carnegie Hill residential.

The private circular driveway off Madison Avenue is structurally unique. Only such configuration on Madison Avenue.

The 9-foot ceilings exceed the standard for 1969 construction.

The Carnegie Hill private-school proximity — Dalton, Spence, Nightingale-Bamford, Sacred Heart all within four blocks — anchors family-buyer fit.

For pied-à-terre buyers, foreign buyers, and condo-preferring high-amenity buyers who specifically want Carnegie Hill, 45 East 89th is the structural answer.

Comparable buildings

The Roebling Team at 89th & Madison

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


Sources: CityRealty building page and review; HL Realty building reference; The Skyscraper Center; 6sqft (Geraldo Rivera coverage); NYC Landmarks Preservation Commission Carnegie Hill Historic District Designation Report; Brown Harris Stevens; Compass; NYC Department of Finance recorded transfers.

Considering a transaction at 89th & Madison?

A 30-minute consultation is the right starting point.

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