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Property profile & analytics
OFF-MARKET Estimated value $2,590,000
Investment properties

1134 Madison Ave New York, NY 10028-0425

5,330 SF 0.03 ac lot Built 1947
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US63-2443863
Property summary
AI-generated overview

This exceptional retail space, located on Madison Avenue in the prestigious Upper East Side of Manhattan, presents a unique investment opportunity. The property offers a total of 2,050 square feet, encompassing a ground floor of 1,025 square feet and an equally sized 1,025 square foot basement. Currently a blank canvas ("white box"), this former restaurant space is ready for immediate customization to suit a wide range of retail concepts. The property boasts attractive glass frontage, ensuring excellent street visibility and natural light. Its prime location on Madison Avenue guarantees high foot traffic and exposure to a discerning clientele characteristic of this affluent neighborhood. The single-tenant occupancy provides flexibility and control for the new owner or tenant. This is an unparalleled chance to establish a thriving business in one of New York City's most coveted retail districts. The property is situated within New York County, specifically the Upper East Side submarket, offering unparalleled access to a wealthy and densely populated consumer base. The space's versatility makes it suitable for a variety of retail uses, from high-end boutiques to specialty food establishments. The combination of size, location, and condition makes this a truly remarkable opportunity. Don't miss out on this chance to secure a prime retail location in the heart of the Upper East Side.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1947
Total area 5,330 SF
Lot 0.03 ac (1,400 SF)
Zoning code C5-1
APN 01496-0017
UPID US63-2443863
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.59M
Owner & transaction history
1134 MADISON AVENUE
1134 MADISON AVENUE
Zoning & alternative use
C5-1 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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