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Off Market
1/4

109 Madison St
New York, NY 10002


HIGHLIGHTS

  • Mixed-use walkup with 22 apartments & 2 stores | 9,480 SF
  • 81% of the building is free market
  • All tenants pay for fuel
  • Solar panels installed on the roof

OVERVIEW

A turn-key five-story mixed use walk-up apartment building located in the Two Bridges neighborhood, just south of the Lower East Side and Chinatown. The building is 81% Free Market which includes 22 two-bedroom units and 2 stores. All free market units have been gut renovated in the past year with new kitchens, floors and bathrooms. In addition, apartments are individually metered for heat. There are also solar panels on the roof resulting in lower electric for the common areas. Walking distance to City Hall & New York Presbyterian Hospital. Located near East Broadway [F] train station on Rutgers Street. Quick and easy access to the FDR Drive.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

9480

STORIES

5

YEAR BUILT

1900

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0277-0018