1323 Madison Avenue Active

Manhattan,NY 10128

$ 7500000

3 Beds

6 Baths

5920 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,920 sqft

Price per Sqft $1,266

Subdivision Upper East Side

MLS Listing ID RLS11031598

Bedrooms 3

Half Baths 4

HOA Y/N Yes

Year Built 1910

Annual Tax Amount $114,984

Property Sub-Type Townhouse

Property Description

Rare Madison Avenue mixed-use building with two commercial spaces and a fully renovated residential duplex with three bedrooms, two and a half baths and two terraces. Located in prime Carnegie Hill, this building has 16 feet of coveted frontage on the historic Madison Avenue near the corner of 93rd Street. The lower commercial space, currently occupied by Val More Salon, encompasses the first floor and the fully built out basement. The upper retail, encompassing the entire second floor, is occupied by Spotlight Kids, an after school theatre program. The free-market residential space is not to be missed! It's well-designed, beautifully renovated and gets wonderful Eastern and Western light. There is a full floor of living space with a grand living room overlooking Madison Avenue, an open kitchen, two fireplaces and a separate office. The open kitchen has access to a large terrace that is perfect for entertaining and allows for indoor and outdoor dining. The upper floor has three bedrooms and two bathrooms. The primary bedroom suite is quite spacious and leads to the apartment's second private terrace. The second and third bedrooms have lovely views of Madison Avenue. The residential space is currently occupied, with a lease ending 4/30/25. This unique opportunity allows for steady commercial income and either a gorgeous place to call home or additional, free-market residential income.

Location

State NY

County Newyork

Rooms

Basement Full

Interior

Interior Features Kitchen Island

Heating Electric

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Decorative

Equipment Intercom

Furnishings Unfurnished

Fireplace Yes

Appliance Dryer,Washer

Laundry See Remarks

Exterior

Porch Terrace

Private Pool No

Building

Dwelling Type Mixed Use,Townhouse

Story 4

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $9,582

Pets Allowed Building Yes,Cats OK,Dogs OK

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