35 Madison St, New York, NY 10038
R7-2-zoned property combines commercial occupancy with residential units and redevelopment capacity.
Property Features for 35 Madison St
General Information
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Investment Insights
Based on property information with market context.
A preliminary study indicates potential for 45 condominium units and 15,000 SF of commercial space as of right. The property is located in downtown Manhattan near the civic center. Existing commercial leases include 3% increases, and one commercial tenant pays 20% of the property tax.
Key Highlights
- Mixed‑use configuration with 4 commercial spaces, 1 office space, and 22 residential units
- R7‑2 zoning with 50,000 SF of total buildable area as of right
- Approximately 28,000 SF of air rights available
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 10038, NY
Market
Vacancy Rate% for Office in Northeast region