Objectomschrijving
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.
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Investeringskenmerken
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.
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