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1323 Madison Ave

5,200 SF Vacant Retail Building New York, NY 10128 £4,317,450 (£830/SF)

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,200 SF
Building Class
B
Year Built
1910
Price
£4,317,450
Price Per SF
£830
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
4
Building FAR
3.98
Land Acres
0.03 AC
Zoning
R10 - High density residential district
Frontage
16 ft on Madison Ave

Amenities

  • Bus Route
  • Public Transport

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 1,300 SF
  • Retail
  • -
  • 30 Days

Formerly Bodmod Fitness

Space Size Space Use Position Available
2nd Floor 1,300 SF Retail - 30 Days

2nd Floor

Size
1,300 SF
Space Use
Retail
Position
-
Available
30 Days

2nd Floor

Size 1,300 SF
Space Use Retail
Position -
Available 30 Days

Formerly Bodmod Fitness

Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Dig
Chase Bank
HSBC
Citi
Starbucks
Pure Barre
Gristedes
Key Food
Equinox
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1505-0121
Land Assessment
£228,945
Improvements Assessment
£176,751
Total Assessment
£438,076
  • Listing ID: 30283079

  • Date on Market: 05/12/2023

  • Last Updated:

  • Address: 1323 Madison Ave, New York, NY 10128

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