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Residential Income Loft Property
For Sale
$995,000

244 MADISON Avenue 12DE, New York City, NY 10016

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

Property SizeContact for details
Days on Market10

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 #30RU0854049
Source: Lenasimpson
Added: Sep 8 Changed: Sep 15 Last Checked: Sep 17 at 12:11AM

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

Investment Insights

Based on property information with market context.

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

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service 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.

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
Rey
Questions? Ask Rey
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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 New York City, 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
More about this property
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