Unit 14-North at 1122 Madison Avenue entered contract with a $21.8 million asking price in the week of July 6, 2026. Cathy Franklin of Corcoran Sunshine Marketing Group represents the sponsor, Legion Investment Group and Nahla Capital.
Unit 14-North at 1122 Madison Avenue, a new Upper East Side development by Legion Investment Group and Nahla Capital, entered contract with a $21.8 million asking price during the week of July 6, 2026. Cathy Franklin of Corcoran Sunshine Marketing Group holds the listing. The condominium spans approximately 3,800 square feet with five bedrooms and four bathrooms.
It was the only Manhattan residence asking above $10 million to sign a contract that week, according to Olshan Realty. Twenty-three of the building's twenty-six units are now spoken for, a sell-through rate that stands well above the borough average for new development at this price point.
A single trophy contract in a full week is a thin number by Manhattan standards. Read against the building's own absorption, the signing says more about where demand has concentrated than about where it has gone.