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Renovated Corner Brownstone Quadplex
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1991 Madison Ave, New York, NY 10035

Renovated corner quadplex with four free-market units, three-side windows, tall ceilings, hardwood floors, terraces, and in-unit laundry.

Property Size5,000 SF
Days on Market135

Property Features for 1991 Madison Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Multifamily

Additional Details

Multifamily Units 4

Amenities

terraces
laundry
modern appliances
Listing Agency: Compass Commercial - The Horne Team
Listed By: Nathan Horne · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 4:29PM

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 Compass Commercial - The Horne Team

Investment Insights

Based on property information with market context.

1991 Madison Avenue is a renovated corner brownstone configured as a four-unit quadplex. The building features windows on three sides, tall ceilings, original details, and hardwood floors throughout, along with modern appliances. Multiple outdoor spaces are included, with two terraces plus a private basement. Each unit has laundry, supporting day-to-day convenience.

For occupants and investors alike, the property is positioned near key transit access, with subway lines 2, 3, 4, 5, 6 and Metro-North stops only blocks away. The address is also described as being between Marcus Garvey Park and Harlem River Park, and within walking distance of restaurants, museums, and stores in Upper Manhattan.

The offering includes a 3-bedroom, 2-bath owner’s duplex over 2,000 interior SF, not including terrace space and the private basement, with the remaining three units providing rental income. The remarks also note protected tax class 2A and an already-occupied 5-cap.

Key Highlights

  • Renovated corner brownstone with three‑side windows, tall ceilings, and hardwood floors
  • Four free‑market units in total, with nearly 5,000 above‑grade SF
  • Owner’s duplex unit: 3 BR/2 BA with over 2,000 interior SF plus large terrace and private basement

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Skin Care Clinic Accounting Firm Carpet & Flooring Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

8,050
Businesses Nearby

Demographics for 10035, NY

35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Renovated corner quadplex with four free-market units, three-side windows, tall ceilings, hardwood floors, terraces, and in-unit laundry.
Where is this quadplex located?
The property is located at 1991 Madison Ave New York, NY.
What are key features of this property?
This property features: Renovated corner brownstone with three‑side windows, tall ceilings, and hardwood floors; Four free‑market units in total, with nearly 5,000 above‑grade SF; Owner’s duplex unit: 3 BR/2 BA with over 2,000 interior SF plus large terrace and private basement
(706) 255-5657 Call to check price and availability
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