Pre-War Residential Income
For Sale
$519,000
244 Madison Avenue 4B, New York City, NY 10016
One-bedroom co-op residence with 12-foot ceilings, balcony views, and flexible subletting rights after two years of ownership.
Property SizeContact for details
Days on Market215
Property Features for 244 Madison Avenue 4B
General Information
Standard status
Active
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
full-time doorman
central laundry
roof deck with Wi-Fi
dishwasher
Building Details
Year Built
1916
Listing Agency:
Compass
(917) 488-8096
Listed By:
Jon S Millhollon
(917) 488-8096
Source:
Nilelundgren
Added: Jan 8
Changed: Aug 10
Last Checked: Aug 10 at 4:34AM
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
Investment Insights
Based on property information with market context.
This one-bedroom residential income property is located in a 1916 pre-war cooperative building and offers an oversized layout with 12-foot ceilings. The living room and bedroom are both spacious, with views toward the balcony rather than the street. The kitchen includes a dishwasher and room for a small table, while abundant storage adds practical utility. Photos are virtually staged.
Building amenities include a full-time doorman, central laundry, and a roof deck with Wi-Fi. Co-purchasing, pied-à-terre use, and unlimited subletting after two years of ownership are permitted. Cats are welcome; dogs are not. The property is within walking distance of Midtown, Grand Central, Penn Station, and multiple subway lines.
Building amenities include a full-time doorman, central laundry, and a roof deck with Wi-Fi. Co-purchasing, pied-à-terre use, and unlimited subletting after two years of ownership are permitted. Cats are welcome; dogs are not. The property is within walking distance of Midtown, Grand Central, Penn Station, and multiple subway lines.
Key Highlights
- Oversized one‑bedroom layout with 12‑foot ceilings
- 1916 pre‑war cooperative building
- Balcony outlook from the bedroom, living room, and kitchen
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
46,936
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
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom co-op residence with 12-foot ceilings, balcony views, and flexible subletting rights after two years of ownership.
Where is this residential income property located?
The property is located at 244 Madison Avenue 4B New York City, NY.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Oversized one‑bedroom layout with 12‑foot ceilings; 1916 pre‑war cooperative building; Balcony outlook from the bedroom, living room, and kitchen
