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Loft-Style Residential Income Property

244 Madison Avenue 10D, New York City, NY 10016

For Sale
$545,000

The renovated junior one-bedroom combines a loft sleeping area, a Murphy bed, and substantial closet storage.

Property SizeContact for details
Days on Market155

Property Features for 244 Madison Avenue 10D

General Information

Standard status Active
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x junior one-bedroom
Multifamily Units 1

Amenities

24-hour doorman
live-in superintendent
laundry facilities
rooftop deck

Building Details

Year Built 1916
Listing Agency: Compass
Listed By: Brian McDonough
Source: Blackandwhiteresidential
Added: Jun 8 Changed: Nov 5 Last Checked: Nov 9 at 6:59AM

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 Compass

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Investment Insights

Based on property information with market context.

Residence 10D is a renovated junior one-bedroom in a prewar cooperative building constructed in 1916. The layout includes a loft sleeping area, a custom Murphy bed, multiple closets, and a walk-in closet. Approximately 12-foot ceilings add vertical space, while the updated kitchen has stainless steel appliances and contemporary finishes.

Building amenities include a 24-hour doorman, a live-in superintendent, upgraded laundry facilities, and a rooftop deck with city views. Grand Central, Bryant Park, grocery stores, and several subway lines are nearby; multiple bus routes stop across the street.

Co-purchasing and pied-a-terre ownership are permitted, and subletting is allowed after two years. Cats and service dogs are welcome.

Key Highlights

  • Renovated junior one‑bedroom with a loft sleeping area and custom Murphy bed
  • Approximately 12‑foot ceilings
  • Kitchen with stainless steel appliances

Property Analytics

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

46,936
Businesses Nearby

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

Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The renovated junior one-bedroom combines a loft sleeping area, a Murphy bed, and substantial closet storage.
Where is this residential income property located?
The property is located at 244 Madison Avenue 10D New York City, NY.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Renovated junior one‑bedroom with a loft sleeping area and custom Murphy bed; Approximately 12‑foot ceilings; Kitchen with stainless steel appliances
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