1655 Madison ave - Flex FOR SALE


New York, NY 10029
$6,500,000 USD
516-225-3553
1655 Madison ave, New York, NY for Sale
$6,500,000 USD
Flex - FOR SALE
1/1
null | Request Cap Rate

1655 Madison ave
New York, NY 10029


HIGHLIGHTS

  • Close to public transit
  • High Traffic Area

OVERVIEW

1653-1655 Madison Ave is an exciting investment opportunity in the heart of New York. Located between 110th Street and 111th Street on Madison Avenue, this 50' x 75' vacant lot boasts R7-2, C1-5 zoning, making it perfect for development. The property has already been approved for a 22,000sqft Gross, 15,000sqft Net, 19-unit mixed-use condo building, designed by Kurv Architecture, in 2016. This prime location is just minutes away from Central Park. The corner lot adjacent to the building currently operates as a community garden, providing a serene and green atmosphere. The property is also in close proximity to several subway stations, including the 110th Street Station on the 4, 5, and 6 subway lines, the Cathedral Parkway (110th Street) Station on the B and C subway lines, and the 116th Street Station on the 2 and 3 subway lines making it easy to travel throughout the city. This is a rare and valuable investment opportunity that should not be missed!

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1653-1655 Madison Ave

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

-

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09

LAND SF

3,920

ZONING

R7-2; C1-5

APN/PARCEL ID

1616-0021

ASK ABOUT THIS PROPERTY

Anna JiPrimus Realty Group USAMore Info
516-225-3553

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Anna JiPrimus Realty Group USAMore Info
516-225-3553

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.