1275 Madison Ave - Apartments CONDO FOR SALE


New York, NY 10128- Carnegie Hill
$14,000,000 USD
212-971-0007
1275 Madison Ave, New York, NY for Sale
$14,000,000 USD
Apartments CONDO - FOR SALE
1/5
null | Request Cap Rate

1275 Madison Ave
New York, NY 10128
Carnegie Hill


HIGHLIGHTS

  • Supported by a long-term Citibank tenancy with a lease in place through mid-2027 and multiple renewal options.
  • Positioned at a high-visibility Madison Avenue corner within the Upper East Side, attracting consistent daily traffic.
  • Located among strong co-tenancies along the Madison Avenue corridor, strengthening long-term asset stability.
  • Situated in a high-income residential area that consistently supports premium retail demand.

OVERVIEW

1275 Madison Avenue presents a rare opportunity to acquire a high-performing retail condominium in one of Manhattan’s most prestigious neighborhoods. Positioned at the prominent northeast corner of Madison Avenue and 91st Street, this asset delivers exceptional visibility supported by an impressive 215 feet of wraparound frontage that captures both vehicular and pedestrian attention throughout the day. Located within the Upper East Side, one of the country’s most affluent residential enclaves, the property benefits from stable local demographics, strong surrounding co-tenancies, and consistent foot traffic from nearby cultural, residential, and retail destinations.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$2,074 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

46,720 SF

STORIES

10

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,691 SF

ZONING

R10, New York

APN/PARCEL ID

1503-1012

ASK ABOUT THIS PROPERTY

Aaron GaviosGavios Realty Group, LLCMore Info
212-971-0007

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

Aaron GaviosGavios Realty Group, LLCMore Info
212-971-0007

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