Listing Agency: BKREA

Listed By: Bob Knakal · License #NY 10301211305 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:59PM

Report an Issue

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 BKREA

Investment Insights

Based on property information with market context.

The property includes an existing 11,362-square-foot building with 132.5 feet of frontage along Madison Avenue and East 36th Street. C5-2/R10 zoning permits residential, commercial, and community facility uses at 10.0 FAR, equating to approximately 35,625 ZFA. The Inclusionary Housing Program may provide an additional 2.0 FAR, or 7,125 ZFA; the related certificates are not included in the offering. The resulting development framework allows approximately 42,750 ZFA as-of-right.

Located at 218 Madison Ave in Midtown Manhattan, the site occupies the northwest corner of Madison Avenue and East 36th Street, across from Morgan Library and near Grand Central Station. The corner position provides eastern exposure and unobstructed views, while the property benefits from access to significant transportation options. The development program supports a range of mixed-use or single-user projects, including residential, commercial, and community facility configurations.

Key Highlights

• 11,362‑square‑foot existing building
• 132.5 feet of frontage on Madison Avenue and East 36th Street
• C5‑2/R10 zoning with 10.0 FAR

Property Analytics

Property Profile

Current Use

Charapko Peter W Architect George Hillenbrand Associates ... Interior Design Park City Florist (Bike/Boat/Book/etc) Store Been Jacob Lmt ... Physician M K Lifestyle Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Locksmith Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

96,059

Businesses Nearby

Explore this area Business Placement

Demographics for 10016, NY

62,336

Population

36,985

Households

1.7

Avg Household Size

34

Median Age

82%

College-Educated

97%

High-School Grad

0.5 sq mi

ZIP Area

124,672

Density / Sq Mi

$153,065

Median Household Income

$107,691

Median Earnings

$3,321

Median Rent

$928,400

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Second-Floor Office Unit

139 Centre Street, New York, NY 10013

$1,338,000

651 SF

View details

Three-Unit Mixed-Use Property

12-06 149th Street, New York, NY 11357

$2,550,000

6,748 SF

View details

Historic Mixed-Use Townhouse Opportunity

9 Bleecker Street, New York, NY 10012

$6,500,000

4,577 SF

View details

Multi-Level Restaurant with Roof Terrace

47 E 29th St, New York, NY 10036

$4,575,000

6,950 SF

View details

Fully Built-Out Medical Office Space

139 Centre Street, New York, NY 10013

$999,999

905 SF

View details

Leased Storefront Retail Condo

37-20 Prince Street, New York, NY 11354

$1,982,475

1,073 SF

View details

Storefront Retail Condominium

1f-3720 Prince Street, New York, NY 11354

$2,044,100

1,106 SF

View details

First-Floor Office Condominium

66-06 70th Unit R5 St, New York, NY 11379

$899,000

14,544 SF

View details

South-Facing Medical Office Condo

333 E 34 St 1K, New York, NY 10016

$649,000

895 SF

View details

Bright Office Unit Near Transit

136-46 41st Avenue, New York, NY 11355

$1,639,000

1,246 SF

View details

Four-Unit Retail Building with Air Rights

22 Beaver St, New York, NY 10004

$6,000,000

6,000 SF

View details

Professional Office Condominium Suite

8a-13631 41st Avenue, New York, NY 11355

$1,680,000

1,223 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - C5-2/R10 zoning supports residential, commercial, and community facility use.

Where is this commercial land located?

The property is located at 218 Madison Ave New York, NY.

What are key features of this property?

This property features: 11,362‑square‑foot existing building; 132.5 feet of frontage on Madison Avenue and East 36th Street; C5‑2/R10 zoning with 10.0 FAR