Mixed-Use Apartment
For Sale
Contact for pricing
109 Madison Street, New York, NY 10002
Five-story mixed-use walk-up with individually metered apartments and two ground-floor stores.
Days on Market111
Property Features for 109 Madison Street
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Multifamily Units
22
Amenities
solar panels
individually metered heat
Building Details
Stories
5
Listing Agency:
Meridian Capital Group Midtown
(212) 468-5958
Listed By:
Shallini Mehra · License #NY 10301207794
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 1:46PM
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 Meridian Capital Group Midtown
Investment Insights
Based on property information with market context.
This turn-key five-story mixed-use walk-up apartment building includes apartment units and retail storefronts, with the building described as 81% free market. The free market portion consists of 22 two-bedroom units and two stores. The free market units were gut renovated within the past year with new kitchens, floors, and bathrooms. Apartments are individually metered for heat, and the building has solar panels on the roof that the listing states helps reduce electric costs for common areas.
The property is located in the Two Bridges neighborhood, just south of the Lower East Side and Chinatown. The remarks also note walking distance to City Hall and New York Presbyterian Hospital, and proximity to the East Broadway [F] train station on Rutgers Street, along with quick and easy access to the FDR Drive.
As presented, the offering combines renovated residential units with storefront space in a walk-up format.
The property is located in the Two Bridges neighborhood, just south of the Lower East Side and Chinatown. The remarks also note walking distance to City Hall and New York Presbyterian Hospital, and proximity to the East Broadway [F] train station on Rutgers Street, along with quick and easy access to the FDR Drive.
As presented, the offering combines renovated residential units with storefront space in a walk-up format.
Key Highlights
- Five‑story mixed‑use walk‑up building in the Two Bridges neighborhood, with 22 two‑bedroom free market units and 2 ground‑floor stores
- Free market units are 81% of the building; all free market apartments were gut renovated within the past year with new kitchens, floors, and bathrooms
- Apartments are individually metered for heat
Property Analytics
Current Use
Lease Details
22
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
25,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 10002, NY
82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-story mixed-use walk-up with individually metered apartments and two ground-floor stores.
Where is this apartment building located?
The property is located at 109 Madison Street New York, NY.
What are key features of this property?
This property features: Five‑story mixed‑use walk‑up building in the Two Bridges neighborhood, with 22 two‑bedroom free market units and 2 ground‑floor stores; Free market units are 81% of the building; all free market apartments were gut renovated within the past year with new kitchens, floors, and bathrooms; Apartments are individually metered for heat
