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Corner Pre-War Residence on Madison Avenue in the heart of Carnegie Hill
Providing a wide corner footprint and impressive expanse along Madison Avenue, this vast approximately 3, 000 square foot four-bedroom three and one half, eight room residence offers a level of scale and proportion coupled with wonderful natural light and charming views that is increasingly difficult to find.
A proper entry gallery sets a clear sense of arrival and anchors a classic split-wing layout. Original pre-war details carry throughout, including beamed ceilings, steel casement windows, and original restored hardwood floors laid in herringbone and parquet patterns- timeless elements that define the home's character.
The living room is the defining space- a large corner room facing Madison Avenue and 88th Street with windows on two exposures including a dramatic bay window with a built-in seat overlooking the Avenue. A full wall of custom floor-to-ceiling bookshelves, softly illuminated and accessed by a rolling library ladder, creates a striking architectural moment while adding both presence and function. The room is bright, well-proportioned, and quietly impressive, with clean southeastern light that transitions to a softer, cooler feel by afternoon.
Nearly 50 feet of living and dining space creates a natural entertaining flow, with a gracious formal dining room that connects seamlessly to the windowed in eat kitchen. The kitchen is well laid out with stainless steel appliances and cabinets, generous counter space, and room for a proper breakfast table, enjoying a bright morning feel and lovely start of the day. The formal dining room comfortably seats ten for dinner and is a delightful space for hosting large and small gatherings. A discreet powder room is a highly coveted amenity for guest use.
The northern wing is connected via a wide, hallway that joins the public and private domains. Four generous bedrooms, three full baths and a service kitchen/pantry space ideally converted into a windowed laundry room define the private wing. The primary suite is massive- the former living room of the H line apartment and most generous- and filled with morning light. Ample space for the addition of a windowed dressing room define this vast suite.
Storage throughout is exceptional, with multiple closets lining the gallery and hallways. The entire home is graced with a timeless, subtle elegance. With the exception of one room, every single window faces the Avenue or Street- no compromised exposures.
Built in 1937 and designed by William M. Dowling, this 16-story Art Deco cooperative offers a full-service experience with a 24-hour doorman, resident superintendent, stunning planted roof deck, new fitness room, central laundry, and storage. The lobby is redolent of the Carlyle Hotel and is the epitome of elegance.
Ideally located between Madison and Fifth Avenue, moments from Central Park and neighboring the Guggenheim Museum. Subletting permitted after three years of ownership, subject to board approval (two out of every four years).
Temporary capital assessment of $1, 070/month through October 2027 supporting major building improvements, including facade and hallway upgrades.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$4,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,440 | $21,584 | $30,379 |
| Total Monthly Payment | $20,565 | $21,709 | $30,504 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.