1295 Madison Ave New York, NY 10128
NNN Pro Group is pleased to present the exclusive listing for a brand-new Chase Bank located at 1295 Madison Avenue on the Upper East Side of Manhattan. The site consists of roughly 3,002 rentable square feet of building space on estimated 0.14-acre parcel of land. This Chase Bank is subject to a new 15-year triple-net (NNN) lease, which commences March 15, 2023. The current annual rent is $616,500 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 2, 5-year renewal options.
-
Chase Bank Bank Loan Service
-
Chase ATM Atm
-
The Wales Condominium Complex
-
Emmanuel Gabriel Car Dealership Shipping Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.