Condominium · 2022
The Bellemont
1165 Madison Avenue, New York, NY 10028

The Bellemont (1165 Madison Avenue)

1165 Madison Avenue, New York, NY 10028

At a glance
Year built
2022
Type
Condominium
Units
12
Floors
13
Landmark
Designated
Subletting
Permitted under the condominium declaration
Pied-à-terre
Allowed
Board & building profile
Pets
Permitted, subject to Board approval.

Compiled by The Roebling Research Desk from building documents and current market data. Board policies can change by amendment — confirm at the offer stage. As of 2026.

The Data Room

Every recorded sale at this building, 2008–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$3,604
Listing discount
-1.0%
Recorded sales
54
On record
2008–2026

The Bellemont is part of the substantial Naftali Group / Robert A.M. Stern Architects body of UES luxury condominium development that has emerged over the past several years. The Naftali / RAMSA pairing — established at The Benson (1045 Madison Avenue) — extends across multiple UES + UWS projects (200 East 83rd, 215 West 84th, 1010 Park Avenue, The Bellemont), each executing the pre-war-styled luxury condominium thesis at slightly different scales and locations.

The Madison Avenue positioning at the heart of the UES luxury retail and residential corridor is structurally significant. The Madison Avenue corridor extends from approximately East 60s through East 90s as the spine of UES retail and residential luxury — luxury retail (Christian Louboutin, Bottega Veneta, Hermès, multiple flagship stores) anchors the southern section; the dense pre-war cooperative inventory and proximity to Museum Mile anchor the northern section. The Bellemont sits at the heart of this corridor.

The Naftali / RAMSA architectural argument at The Bellemont is consistent with the firm's broader thesis: limestone cladding, classical detailing, intimate apartment count, and substantial unit configurations approaching the pre-war full-floor cooperative tradition. The Indiana limestone material specification distinguishes the building from peer condominium construction (most of which uses precast concrete or glass curtainwall) and contributes to the building's architectural identity.

For buyers, The Bellemont represents a particular position in the modern UES condominium market: the Naftali / RAMSA pairing executed at intimate scale on the Madison Avenue luxury corridor, Indiana limestone craftsmanship, and the broader Stern body of work that produced 15 CPW, 220 CPS, and 520 Park Avenue.

Architecture and unit composition

The Bellemont's apartment composition follows the Naftali / RAMSA pre-war-styled luxury condominium template — substantial full-floor or half-floor configurations on most floors, with intimate apartment count producing apartments of substantial scale (4,000+ sf typical on upper floors).

Stern's pre-war-classical signatures throughout: 11–12 foot ceilings in primary rooms, formal entry galleries with grand proportions, library-living combinations, primary suites with substantial closet and dressing infrastructure, formal dining rooms with butler's pantries, service wings — the architectural vocabulary that the pre-war UES tradition pioneered.

The Indiana limestone exterior is the building's defining material specification.

Building operations

The Bellemont operates as a luxury condominium with 24-hour doorman, concierge, valet parking, and the standard luxury-condo amenity package. The amenity program is appropriately scaled to the building's intimate residence count.

Common charges and property taxes are substantial. Full-floor apartments carry combined common charges and property taxes in the $15,000–$25,000+ monthly range depending on specific configuration.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$29,267/yr
Per unit / month range
$0 – $222
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

Recent closings 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.

DateUnitApartmentPricePPSFvs. Ask
Sep 15, 20253N
3 BR · 3.5 BA · 2,858 sf
$10,300,000$3,604/sf-6.4%
Nov 28, 20238THFL
5 BR · 6.5 BA · 6,094 sf
$23,000,000$3,774/sf+4.5%
Jul 25, 20233N
3 BR · 3.5 BA · 2,858 sf
$8,950,000$3,132/sfoff-mkt
Jul 13, 2023PHA
5 BR · 5.5 BA · 5,209 sf
$25,161,487$4,830/sf-3.2%
Jun 13, 2023PHB
5 BR · 5.5 BA · 4,784 sf · private outdoor
$25,467,712$5,324/sf+2.1%
May 30, 20238THFL
5 BR · 6.5 BA · 6,094 sf
$19,088,025$3,132/sf+0.2%
May 24, 20239THFL
5 BR · 6.5 BA · 6,132 sf
$21,946,125$3,579/sf+2.1%
May 16, 20233S
2 BR · 3 BA · 2,665 sf · private outdoor
$8,803,968$3,304/sf+2.1%

Market read. Most recent trades (2025) cleared a median $3,604/sf across 1 sale. Median listing discount -1.0% over ask.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

STRG3+86%
$2,150,000 2018$4,000,000 2021
8THFL · 6,094 sf+20%
$19,088,025 ($3,132/sf) 2023$23,000,000 ($3,774/sf) 2023
3N · 2,858 sf+15%
$8,950,000 ($3,132/sf) 2023$10,300,000 ($3,604/sf) 2025
10B+7%
$3,600,000 2019$3,850,000 2025
T/H+0%
$12,450,000 2017$12,400,000 2023

Other recent transfers

DateUnitPrice
Apr 3, 2026PH20$9,000,000
Jan 29, 20266FL$9,100,000
Sep 23, 202510B$3,850,000
Jun 16, 2025STRG1$3,500,000
May 19, 20256A$1,800,000
May 8, 2025MR4$500,000
View all 54 recorded sales, sortable

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 1-01497-7503) 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 from recorded condo declarations and offering plans.

What to know if you’re buying

The Naftali / RAMSA pedigree is real. Reference Stern's broader pre-war-styled condominium body of work and Naftali Group's substantial UES + UWS portfolio.

Indiana limestone cladding is differentiating. Few new-construction Manhattan condominiums are entirely clad in hand-set limestone.

Apartment scale approaches pre-war full-floor cooperatives. Substantially larger than typical modern condominium apartments.

Madison Avenue corridor positioning is structural.

Condo flexibility is real. 30–45 day closings; foreign buyers welcome; pied-à-terre and investment use permitted; subletting allowed.

Confirm specifics directly with management. As a recently-completed building, current sponsor sales status, capital projections, and operational baselines should be confirmed.

What to know if you’re selling

Marketing should emphasize the architectural pedigree and Madison Avenue corridor positioning.

Pricing requires apartment-level context. Small inventory and emerging secondary market.

Closing timelines are condo-fast. 30–45 days.

Comparable buildings

If you're considering The Bellemont, also evaluate:

The Roebling Team at The Bellemont

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan trophy market — including the modern pre-war-styled condominium tier and the Naftali Group body of work. We publish this building profile because trophy UES condo buyers and sellers deserve building-specific intelligence.

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

Considering a move at The Bellemont?

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