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Mixed-Use Townhouse

1285 Madison Ave, New York, NY 10128

For Sale
New
$6,950,000

Five stories combine two commercial premises with three renovated, full-floor residences.

Property Size5,283 SF
Price / SF$1,315
Days on Market6

Property Features for 1285 Madison Ave

General Information

Standard status Active
Size 5,283 SF
Property subtype Commercial

Site & Location

Neighborhood Carnegie Hills
Mixed-Use Components retail, residential

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $118,716

Amenities

in-unit laundry
wood-burning fireplaces

Building Details

Year Built 1890
Buildings 1
Stories 5
Units 6
Tenancy Multi
Listing Agency: Sothebys International Realty
Listed By: Kristi Ambrosetti
Source: Edifyny
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 8 at 5:25AM

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 Sothebys International Realty

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Investment Insights

Based on property information with market context.

At 1285 Madison Avenue, this 5,283-square-foot townhouse dates to 1890 and spans five stories. Its layout includes two commercial spaces and three full-floor residences, with the residential units renovated. Select apartments retain details such as bay windows, parquet flooring, wood-burning fireplaces and millwork, alongside updated kitchens and baths. In-unit laundry is also present in select apartments. The property is 20 feet wide and may be delivered vacant; the current residential tenants are described as free-market.

The building is on Madison Avenue in Carnegie Hill, near Central Park, the Reservoir and Museum Mile. Shops and restaurants are part of the surrounding neighborhood.

Key Highlights

  • 5,283 square feet across five stories
  • Two commercial spaces and three renovated, full‑floor residences
  • 20‑foot‑wide townhouse built in 1890

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hair By Kasia Hair Salon Blue Tree Clothing & Fashion Store New York Best ... Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Accounting Firm Big Box & Wholesale Store Barber Shop

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

15,667
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in New York, NY

$922 Jul
$1,020 Aug
$1,182 Sep
$1,172 Oct

Properties on Market for Mixed-use properties in New York

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five stories combine two commercial premises with three renovated, full-floor residences.
Where is this mixed-use property located?
The property is located at 1285 Madison Ave New York, NY.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: 5,283 square feet across five stories; Two commercial spaces and three renovated, full‑floor residences; 20‑foot‑wide townhouse built in 1890
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