1323 Madison Avenue_Property for Sale
1323 Madison Avenue_Property for Sale
1323 Madison Avenue, New York, NY, 10128, US

1323 Madison Avenue

Asset Description

1323 Madison Avenue is a mixed-use property offering a prestigious address for owners seeking a presence or investment on the Upper East Side.


Originally constructed in 1912, the property has been thoughtfully restored and renovated, preserving its historic charm while incorporating modern elements. The property spans 5,200 SF with 20’ of frontage on Madison Avenue, and could be part of a future assemblage along this sought after Madison Avenue corridor.


Spanning four stories, the building features two retail units on the ground and first floor, and a high-end residential duplex on the top two floors. The duplex offers a townhouse feel with

three bedrooms, two and a half baths, a dining room, living room, study, and two outdoor decks. The area is renowned for its thriving commercial landscape, with prestigious retailers, proximity to the iconic Central Park, world-class dining establishments, and renowned art galleries, attracting a high-traffic demographic and fostering a vibrant energy.


The second floor can be used as-is as office, or converted to retail or residential. Additionally, the duplex offers an owner-user or pied-à-terre option in which ownership could have the

convenience of living in the private residence while benefiting from the income of the two retail units below. The duplex has its own separate entrance and offers a sense of exclusivity and privacy.

...

Attributes

Asking price
€5,824,000
Building area gross
483 m²
Year built
1910
Number of floors
4
Number of units
3

Media

Investment Highlights

-Free Market residential duplex with high-end finishes

-Preeminent Upper East Side location on Madison Avenue

-Tax Class One

-Cash-flowing retail

Contact brokers

1323 Madison Avenue (0 Properties)

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Last updated
20 Aug 2024