Upper East Side · Provenance Record
1122 Madison Avenue, Penthouse
$89,500,000 · recorded 2026
Upper East Side, New York, NY
The duplex penthouse atop 1122 Madison Avenue, a William Sofield–designed new-development condominium between East 83rd and 84th Streets, went into contract at $89.5 million in February 2026 — a new record for the highest price and highest price per square foot ever paid for an Upper East Side condominium. Corcoran Sunshine's Cathy Franklin leads sales for developers Legion Investment Group and Nahla Capital.
Sale Price (Contract)
$89,500,000
Record Date
February 2026
Status
In Contract
Property Type
New Development Condominium (Penthouse)
Listing Agent(s)
Listing Brokerage
Corcoran Sunshine Marketing Group
Buyer’s Agent(s)
Not disclosed
Buyer’s Brokerage
Not disclosed
Ownership Lineage
Every press-verified change of hands on record for this property, in order.
Sales Launch
1122 Madison Avenue launches sales
Developers Legion Investment Group and Nahla Capital launch sales at 1122 Madison Avenue, a 26-residence, William Sofield–designed condominium on the Upper East Side. Corcoran Sunshine Marketing Group, led by Cathy Franklin, handles sales for the project.
Sources: The Real Deal
18 of 26 Units in Contract
Building tops $360 million in early sales
Within weeks of launch, 18 of the building’s 26 residences go into contract, totaling more than $360 million and prompting four separate price increases. Early homes average north of $5,400 per square foot.
Sources: Hoodline
In Contract · $89,500,000
Duplex penthouse signs at $89.5 million, a new Upper East Side record
The duplex penthouse spanning the building’s top two floors, with a rooftop terrace, seven bedrooms, and nearly 2,000 square feet of private outdoor space, goes into contract at its full $89.5 million asking price — a new record for both the highest price and highest price per square foot ever recorded for an Upper East Side condominium. The buyer has not been publicly identified and the deal had not yet closed as of the most recent reporting.
Sources: The Real Deal, Robb Report, NYREJ, Hoodline
Press Citations
Every fact on this page traces to one of these sources.
The Real Deal
Legion, Nahla Capital Nab Buyer for 1122 Madison Ave Penthouse Asking $90M
The Real Deal first reported the penthouse going into contract at its $89.5 million ask, and detailed the building's early sales pace.
February 2026
Robb Report
An $89.5 Million Penthouse Sale Sets a New Record for the Upper East Side
Robb Report confirmed the record price and price-per-square-foot for the Upper East Side, noting 18 of 26 units had gone into contract since the January launch.
February 2026
NYREJ
$89.5 Million Penthouse Sale at 1122 Madison Ave. Breaks Neighborhood Record
NYREJ reported developer statements confirming the record-setting contract and described the penthouse's layout across the building's top two floors.
March 2026
Hoodline
1122 Madison Penthouse Contracted For $89.5M
Hoodline detailed the sales pace at 1122 Madison Avenue, citing The Real Deal and Olshan Realty's market data on pricing.
February 2026
How This Record Was Verified
- Method
- Compiled from public property records and their named press citations. This lineage reflects only transactions independently confirmed by the sources cited.
- Open entries
- The buyer of the penthouse has not been publicly identified in the sources reviewed, and the deal had not closed as of the most recent reporting cited here; this record will be updated when closing is confirmed.
- Sources
- Every fact above carries its own citation, linked in the Press Citations section. Sourced from The Real Deal, Robb Report, NYREJ, and Hoodline.
- Corrections
- Unconditional and not contingent on any commercial relationship. See Corrections Policy.