Exclusive New Development

1122 Madison — The Upper East Side’s Limestone Legacy

By Anthony Park  ·  March 18, 2026  ·  10 min read

Developed by Legion Investment Group and Nahla Capital, designed by William Sofield of Studio Sofield, 1122 Madison Avenue is a 22-story limestone tower delivering just 26 residences to Carnegie Hill. Here’s everything you need to know.

Where prewar grandeur meets
modern condominium living — on Madison Avenue. Anthony Rich Park · Corcoran ARP Anthony Park NYC Real Estate Agent · Corcoran

My team and I are residential real estate agents at Corcoran and luxury content creators helping people navigate New York's housing market at every price point.

718K 383K Build an exceptional quality high-rise but limited inventory on Madison Avenue and you will break records. This is a building I'd recommend my clients blind-folded because the demand will always be there and the supply incredibly limited. It will likely be gone before you ever hear about it.

Section 01Why 1122 Madison — And How It Compares to the Competition

The Upper East Side has no shortage of ultra-luxury condominiums. 520 Park Avenue, 200 East 83rd Street, 20 East End Avenue, 109 East 79th Street, and The Benson — all accomplished buildings. So why is 1122 Madison Avenue generating $360 million in contracts before the tower has even topped out? Because it occupies a category of its own.

Designer pedigree. William Sofield of Studio Sofield is the rare talent who works from the inside out — designing the apartments first and letting the structure follow, ensuring flow, light, and livability take precedence over floor-plate efficiency. His portfolio includes Tom Ford flagships and the Mark Hotel, and this is his first ground-up residential tower. Hill West Architects serves as architect of record. 520 Park Avenue and 200 East 83rd Street were both designed by Robert A.M. Stern — magnificent buildings, but in a familiar RAMSA idiom. 1122 Madison offers something genuinely new: prewar sensibility interpreted through a contemporary designer’s eye.

Exclusivity at scale. With only 26 residences across 22 stories, 1122 Madison is dramatically more intimate than 200 East 83rd (86 units) or 520 Park (33 units). Fewer doors per floor means deeper layouts, more light, and a building that feels like a private club rather than a large condominium. Every residence offers three to six bedrooms — there are no studios, no one-bedrooms, no compromises.

Materials and craft. The exterior is clad in hand-laid Indiana limestone on all four sides — not just the avenue-facing façade. Sculpted reliefs, signature rope-trimmed window surrounds, and custom decorative metalwork reference the Upper East Side’s greatest prewar buildings while remaining entirely original. 109 East 79th, also by Legion Investment Group, was well-received but is a smaller project on a quieter block. 1122 Madison is the firm’s flagship statement.

The corner position. Sited at the southwest corner of Madison Avenue and 84th Street, the building benefits from dual exposures, natural light from two orientations, and unobstructed Central Park views from upper floors. The Met is a one-block walk. Central Park is steps away. The Benson at 1045 Madison is a strong competitor nearby, but its smaller scale and mid-block position limit its presence. 1122 Madison commands the corner.

With 18 of 26 residences already in contract, the market has spoken clearly. If you’re exploring new development condos across NYC, 1122 Madison is the building redefining what the Upper East Side can offer.

Section 02The Residences — Designed from the Inside Out

There are only 26 residences at 1122 Madison, ranging from 2,098 to 9,350 square feet across three- to six-bedroom configurations. William Sofield’s design philosophy — starting with how people actually live and building outward — is evident in every layout.

Private terrace loggia at 1122 Madison Avenue with views of the Upper East Side and Central Park, designed by Studio Sofield
A private loggia at 1122 Madison Avenue, showcasing the indoor-outdoor living that defines the upper residences.

Select residences feature private terraces, balconies, and loggias with sweeping views of Central Park, the Metropolitan Museum of Art, and the Midtown skyline. Upper-floor units enjoy the kind of protected park exposure that is almost impossible to replicate on the Upper East Side — the building’s 283-foot height and corner position guarantee it.

Interior finishes are bespoke at a level that most new developments simply do not attempt. Sofield’s interiors are expected to include custom millwork, curated stone, and hardware designed specifically for this building. The kitchens, bathrooms, and living spaces will carry the same exacting standard he applied to his hospitality and retail projects — a level of material specificity that makes each unit feel individually commissioned rather than selected from a developer’s options sheet.

The six-bedroom penthouse, listed at $89.5 million, recently went into contract — setting a new Upper East Side condominium record. At roughly 9,350 square feet, it spans approximately $9,572 per square foot, a figure that reflects both the quality of the design and the extreme scarcity of the product. For a broader understanding of what buying in a new development entails, our ultimate buyer’s guide to NYC real estate covers the process from first viewing to closing.

Section 03Amenities — A Private Residential Club

The amenity program at 1122 Madison is calibrated for a building of 26 families — meaning every space is designed to feel private rather than communal. The building offers:

1122 Madison Avenue exterior tower rendering showing the Indiana limestone facade with sculpted reliefs and rope-trimmed windows on the Upper East Side
The limestone tower at 1122 Madison Avenue, rising 22 stories above Carnegie Hill with custom reliefs on all four façades.
  • Full-time doorman and attended lobby — white-glove service from arrival to departure.
  • Fitness center — a professionally equipped gym designed for a private residential setting.
  • Spa and therapy room — dedicated wellness space for treatments and recovery.
  • Event room and lounge — a curated entertaining space for private dinners and gatherings.
  • Common dining room — a rare amenity that allows residents to host formal meals outside their homes.
  • Sports court — an indoor court for basketball, squash, or other activities.
  • Children’s playroom and game room — dedicated family spaces that keep the building family-friendly without compromising the adult experience.
  • Pet grooming services — on-site care for the building’s four-legged residents.
  • Resident storage and bike room — private storage and cycling infrastructure.
  • In-unit washer/dryer and central air in every residence.
💡 The 26-Unit Advantage

With only 26 residences sharing these amenities, the ratio of space per resident is extraordinary. A building like 200 East 83rd has 86 units sharing a fitness center. At 1122 Madison, you may never see another person in the gym. That level of privacy is not an amenity — it’s the entire point.

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Section 04The Location — Carnegie Hill at Its Finest

1122 Madison Avenue sits at the corner of 84th Street, in the heart of Carnegie Hill — one of the most established residential enclaves on the Upper East Side. This is the neighborhood of choice for old-money New York families, museum trustees, and buyers who value discretion, tree-lined streets, and proximity to the city’s greatest cultural institutions.

The Metropolitan Museum of Art is literally one block east. Central Park is a two-minute walk. The building sits within easy reach of the Guggenheim Museum, the Neue Galerie, the Frick Collection, and the Cooper Hewitt — the stretch of Fifth Avenue known as Museum Mile. For families, top-tier private schools including Dalton, Brearley, and Chapin are all within walking distance.

Madison Avenue itself is one of Manhattan’s premier shopping corridors, with boutiques, galleries, and restaurants lining the avenue from the 60s through the 90s. The 86th Street subway station (4/5/6 trains) is two blocks north, providing direct access to Midtown, the Financial District, and Grand Central Terminal. For those comparing the Upper East Side to other Manhattan neighborhoods, our definitive guide to living on the Upper East Side offers a comprehensive look at the lifestyle, schools, and market dynamics of the neighborhood.

Section 05Market Data & Pricing

1122 Madison launched sales in early 2026, and the pace has been extraordinary. Here’s where the market stands:

$10M+ Starting
Price $89.5M Penthouse
(In Contract) 18 / 26 Units Already
In Contract
Building Units Avg $/SF Entry Price
1122 Madison Avenue 26 $3,200–$9,572 ~$10M
520 Park Avenue 33 $7,000+ ~$16M
200 East 83rd Street 86 $2,500–$3,500 ~$2M
20 East End Avenue 42 $2,800–$3,200 ~$3.5M
The Benson (1045 Madison) 16 $3,200–$4,000 ~$5.5M

The building’s overall price range spans from approximately $6.75 million to $89.5 million, with sizes running from 2,098 to 9,350 square feet. At the entry level, units at $10.4 million for a three-bedroom represent approximately $3,200 per square foot. The record-setting penthouse at $89.5 million pushes toward $9,572 per square foot — a new benchmark for Upper East Side condominiums.

1122 Madison Avenue building entrance rendering showing the limestone facade and porte-cochere designed by Studio Sofield
The building entrance at 1122 Madison Avenue, where hand-laid limestone and sculpted reliefs set the tone for what lies inside.

With more than $360 million in total contracts signed before the building has topped out, the absorption pace ranks among the fastest for any ultra-luxury project in Manhattan history. For context on what buyers should expect beyond the purchase price, our breakdown of NYC buyer closing costs covers everything from mansion tax to title insurance.

Section 06Who Is 1122 Madison For?

In my experience, the buyer profile at 1122 Madison is distinct from other Upper East Side developments. The typical buyer here values:

  • Legacy over novelty — they want a building that looks like it has always belonged on Madison Avenue, not a glass tower that will date in a decade.
  • Designer sensibility — they appreciate that William Sofield brings a curatorial eye to residential design, treating each apartment as an individually considered work.
  • True exclusivity — 26 units means knowing every neighbor. The intimacy of a boutique building at the scale and finish level of a landmark tower.
  • Cultural proximity — living one block from the Met, steps from Central Park, and on the Upper East Side’s finest retail corridor is not just convenient — it’s a lifestyle statement.
  • Family-scale residences — every unit is three bedrooms or larger. This is a building designed for people who actually live in their homes.

Buyers here tend to be established Upper East Side families upgrading from prewar co-ops, international collectors drawn to the museum adjacency, and finance professionals seeking a new-construction pied-à-terre with genuine architectural substance. If you’re considering selling a luxury property to move into a building like this, our guide on selling a luxury apartment in NYC covers the strategy and timing that matter most.

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Section 07The Bottom Line

1122 Madison Avenue is not trying to be the tallest building on the Upper East Side, or the one with the most amenities, or the flashiest lobby. What it offers is something the neighborhood has been missing: a new-construction condominium that honors the architectural language of Carnegie Hill while delivering a modern living experience designed by one of the most thoughtful designers working today.

The sales velocity confirms the thesis. Eighteen of 26 units in contract, a record-setting penthouse sale, and more than $360 million in commitments before the building has topped out. The market is telling you something — this product fills a gap that has existed on the Upper East Side for years: a true limestone tower with large, family-scale residences, an exclusive unit count, and a designer whose work transcends conventional real estate development.

If you value craftsmanship, architectural permanence, and the Carnegie Hill lifestyle, 1122 Madison belongs at the top of your list. It’s the kind of building that, once you’ve seen the limestone up close, makes everything else feel a little temporary. For a broader overview of navigating the NYC buying process, start with our guide to purchasing new development in NYC.

QuestionsFrequently Asked Questions

How much does it cost to buy at 1122 Madison Avenue?

Residences start at approximately $10 million for a three-bedroom unit of roughly 2,098 square feet. Prices range up to $89.5 million for the penthouse. The average price per square foot spans from $3,200 to $9,572 depending on the unit size, floor, and exposure.

Who designed 1122 Madison Avenue?

William Sofield of Studio Sofield is the lead designer, with Hill West Architects as the architect of record. The building is developed by Legion Investment Group and Nahla Capital, with sales and marketing led by Corcoran Sunshine Marketing Group and The Cathy Franklin Team at The Corcoran Group.

What amenities does 1122 Madison Avenue offer?

The building features a fitness center, spa and therapy room, event room and lounge, common dining room, sports court, children’s playroom and game room, pet grooming services, resident storage and bike room, a full-time doorman and attended lobby, and in-unit washer/dryer in every residence.

When will 1122 Madison Avenue be completed?

The building’s anticipated completion date is mid-2027. As of early 2026, the reinforced concrete superstructure is rising and 18 of 26 units are already in contract. Buyers purchasing now are securing pre-completion pricing.

Where exactly is 1122 Madison Avenue located?

1122 Madison Avenue is at the southwest corner of Madison Avenue and East 84th Street, in the Carnegie Hill section of the Upper East Side. It is one block from Central Park and one block from the Metropolitan Museum of Art, with the 86th Street subway station (4/5/6 trains) two blocks north.

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