125 Madison St - Apartments FOR SALE


New York, NY 10002- Two Bridges
$3,000,000 USD
212-430-5147
125 Madison St, New York, NY for Sale
$3,000,000 USD
Apartments - FOR SALE
1/14
null | 6.7% Cap Rate

125 Madison St
New York, NY 10002
Two Bridges


HIGHLIGHTS

  • Strong In-Place Cash Flow
  • Attractive Basis
  • Prime Lower East Side Location

OVERVIEW

Marcus & Millichap proudly presents 125 Madison Street, a remarkable investment opportunity in the heart of the Lower East Side. Positioned on a pristine block located between Market Street and Pike Street, this building boasts 16 units and spans an approximate area of 8,675 square feet. The building is 25’ x 86’ and sits on a 25’ x 100’ lot (Block: 275, Lot: 1). The property is zoned R7-2. THE OPPORTUNITY • Strong In-Place Cash Flow: 125 Madison Street offers investors immediate and stable income with an asking cap rate of 6.7%, providing strong day-one cash flow compared to similar Manhattan multifamily opportunities. The property’s fully occupied rent-stabilized residential component creates dependable income with long-term hold potential. • Attractive Basis: Offered at approximately $346 per square foot, the property presents investors with the opportunity to acquire a well-located Manhattan multifamily asset at a compelling basis relative to replacement cost and recent comparable sales throughout the downtown market. • Prime Lower East Side Location: Situated in the heart of the Lower East Side between Market Street and Pike Street, the property benefits from one of Manhattan’s most dynamic rental markets. The surrounding area offers an unparalleled mix of restaurants, nightlife, parks, and cultural amenities. Nearby attractions include Essex Market, Seward Park, the East River waterfront, and countless dining destinations. The property also provides convenient access to the F, M, J, and Z subway lines, ensuring strong tenant demand and long-term neighborhood appeal.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

16

PRICE/UNIT

$187,500

CAP RATE

6.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,688 SF

ZONING

R7-2/C7-2

APN/PARCEL ID

0275-0001

ASK ABOUT THIS PROPERTY

Joseph KoicimMarcus & MillichapMore Info
212-430-5147

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Joseph KoicimMarcus & MillichapMore Info
212-430-5147

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