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Residential Income Loft Property

244 MADISON Avenue 12DE, Manhattan, NY 10016

For Sale
$995,000

Light-filled two-bedroom residence with flexible sleeping lofts, renovated kitchen, abundant storage, and full-time doorman service.

Property SizeContact for details
Days on Market63

Property Features for 244 MADISON Avenue 12DE

General Information

Standard status Active
Property subtype Duplex

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

doorman
washer/dryer

Building Details

Year Built 1916
Listing Agency: Douglas Elliman Real Estate
Listed By: Joshua B Rubin · License NY 30RU0854049
Source: Lenasimpson
Added: Sep 8 Changed: Nov 9 Last Checked: Nov 8 at 2:57PM

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 Douglas Elliman Real Estate

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Investment Insights

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This residential income property is configured as a two-bedroom, two-bath loft residence with soaring ceilings, oversized windows, and hardwood flooring. Two additional sleeping lofts provide flexible space for guests, a home office, reading area, or creative use. The renovated kitchen features custom cabinetry and stainless steel appliances, while extensive closet storage, an in-unit washer and dryer, and two full bathrooms add practical functionality. A full-time doorman serves the building, which was constructed in 1916.

The property is located at 244 Madison Avenue in New York City, near the Morgan Library & Museum, Madison Square Park, Whole Foods, and Eataly. Grand Central and Penn Station are within easy reach, with access to multiple subway lines and a broad range of restaurants, shops, and neighborhood establishments nearby.

Key Highlights

  • Two‑bedroom, two‑bath loft with two additional sleeping lofts
  • Soaring ceilings, oversized windows, and hardwood floors
  • Renovated kitchen with custom cabinetry and stainless steel appliances

Property Analytics

Lease Details

1
Residential units

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 Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Light-filled two-bedroom residence with flexible sleeping lofts, renovated kitchen, abundant storage, and full-time doorman service.
Where is this residential income property located?
The property is located at 244 MADISON Avenue 12DE Manhattan, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath loft with two additional sleeping lofts; Soaring ceilings, oversized windows, and hardwood floors; Renovated kitchen with custom cabinetry and stainless steel appliances
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