1285 Madison Avenue
$6,950,000
MLS# RLS20122110 · Upper East Side
Listed October 21, 2026 · 6 days on the market
5 Beds 8 Baths 5,283 Sq.Ft.
About This Property
Positioned along Madison Avenue in prime Carnegie Hill, 1285 Madison Avenue is a beautifully maintained, 20-foot-wide mixed-use townhouse offering enduring architectural charm and an established income stream. Spanning approximately 5,283 square feet across five stories, the property comprises two commercial spaces and three renovated, full-floor residences. Could be delivered fully vacant, all free-market tenants with compelling CAP rate for investment purposes.
The residential interiors blend prewar character with thoughtfully updated kitchens and baths. Select apartments feature gracious bay windows, soaring ceilings, original parquet floors, wood-burning fireplaces, intricate millwork and in-unit laundry. East and west exposures welcome lovely natural light, with rear outlooks over neighboring townhouse gardens.
Surrounded by Carnegie Hill’s fine shops and restaurants, moments from Central Park, the Reservoir and Museum Mile, this distinctive property offers a compelling opportunity to acquire an income-producing townhouse in one of Manhattan’s most coveted neighborhoods.
Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Washer/dryer in unit
- Fireplace
- Dishwasher
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$45,036 / month
- Principal and interest$35,143
- Property taxes$9,893
Due at closing
- Down payment (20%)$1,390,000
- NYS “mansion tax” (2.25%)$156,375
- Mortgage recording tax (1.925%)$107,030
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Sothebys International Realty
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
