1300 Madison Avenue​

Mixed Use Building

$7,200,000

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PRIME MIXED-USE INVESTMENT PROPERTY IN THE HEART OF CARNEGIE HILL.

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1300 Madison Avenue presents a rare opportunity to acquire a highly visible mixed-use property in one of Manhattan’s most desirable and established neighborhoods.

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Ideally positioned along one of Carnegie Hill’s most charming and sought-after corridors, the property offers multiple income streams, strong commercial exposure, and significant long-term appreciation potential.

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The four-story mixed-use building, plus a full cellar, sits on a 20' x 73' lot and offers approximately 5,500 square feet of usable space.
The property is proper zoned expansion and is equipped with four separate electric meters.

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INCOME-PRODUCING ASSET
The property consists of two retail spaces and two spacious two-bedroom residential apartments:
Retail Space #1: Approximately $23,000/month
Retail Space #2: Approximately $7,400/month
Residential Apartment #1: Estimated rental value of approximately $6,000/month
Residential Apartment #2: Estimated rental value of approximately $6,500/month
Projected Total Annual Rental Income: Approximately $436,000
Real Estate Taxes: Approximately $9,750 per month.

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The residential units feature desirable pre-war details, including high ceilings, parquet floors, fireplaces, large windows, and a terrace. A full basement/cellar with additional storage provides valuable supplemental space.

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