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Full-Floor Residential Income Property
For Sale
$2,000,000

127 MADISON Avenue 4, New York City, NY 10016

Fourth-floor apartment with private keyed elevator access and architect-designed interiors.

Property Size1,557 SF
Price / SF$1,284
Days on Market76

Property Features for 127 MADISON Avenue 4

General Information

Standard status Active
Size 1,557 SF
Elevators Yes
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

newly renovated lobby
open chef's kitchen
SubZero refrigerator
Bosch appliances
built-in Miele espresso maker
Carrara marble countertops
Axor faucets
Bisazza tiles

Building Details

Building Size 1,557 SF
Year Built 1920
Construction prewar
Listing Agency: Douglas Elliman Real Estate
Listed By: Karan Chopra · License #10301221345
Source: Nilelundgren
Added: Jun 10 Changed: Aug 22 Last Checked: Aug 23 at 8:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This fourth-floor apartment occupies 1,577 square feet within a nine-unit, 1920 building designed by SHoP Architects. The full-floor layout is accessed by a private keyed elevator and includes an open kitchen equipped with a SubZero refrigerator, Bosch appliances, a built-in Miele espresso maker, and Carrara marble countertops. Bathrooms feature Axor faucets and Bisazza tiles.

The property is located near Madison Square Park at the meeting point of NoMad, Flatiron, and Gramercy. Building amenities include a recently renovated lobby, while the surrounding area provides access to dining, cultural destinations, and transit. A primary condo abatement may reduce taxes by 17.5 percent.

Key Highlights

  • 1,577 square feet of living space on the fourth floor
  • Full‑floor layout in a nine‑unit building
  • Private keyed elevator access

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

46,936
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Fourth-floor apartment with private keyed elevator access and architect-designed interiors.
Where is this residential income property located?
The property is located at 127 MADISON Avenue 4 New York City, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 1,577 square feet of living space on the fourth floor; Full‑floor layout in a nine‑unit building; Private keyed elevator access
More about this property
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