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Full-Floor Residential Income Property
For Sale
$5,150,000

50 MADISON Avenue RU5, New York City, NY 10038

Fourth-floor residence with direct park outlooks, private elevator entry, three en-suite bedrooms, and full-service building operations.

Property Size2,630 SF
Price / SF$1,958
Days on Market8

Property Features for 50 MADISON Avenue RU5

General Information

Standard status Active
Size 2,630 SF
Elevators Yes
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $50,064

Amenities

attended lobby
security guard
superintendent

Building Details

Building Size 2,630 SF
Year Built 1896
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Louise B Phillips Forbes
Source: Carlinwright
Added: Sep 17 Changed: Sep 23 Last Checked: Sep 24 at 4:16PM

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 Brown Harris Stevens Residential Sales LLC

Investment Insights

Based on property information with market context.

This 2,630-square-foot fourth-floor residence occupies an entire level and is accessed by a keyed elevator. The layout includes three bedrooms, each with an en-suite bath, along with a windowed kitchen, separate dining room, expansive great room, private laundry room, and custom-fitted walk-in closet. Ten-foot ceilings, herringbone floors, floor-to-ceiling glazing, and two-zone central air define the interior. A Control4 automation system, Sub-Zero refrigerator, wine and beverage cooler, double vanity, soaking tub, and separate glass-enclosed shower add to the residential specifications.

The home has 29 feet of direct views toward Madison Square Park, with the Flatiron Building and MetLife Clocktower visible beyond the trees. Built in 1896, the building contains nine residences and provides an attended lobby, full-time security guard, and part-time superintendent. Nearby destinations include Eleven Madison Park, Scarpetta, Eataly, and the Clocktower at The Edition, with shopping and transit also described as close by.

Key Highlights

  • 2,630‑square‑foot full‑floor residence on the fourth floor
  • 29 feet of direct Madison Square Park views
  • Keyed elevator opens directly into the residence

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet 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

37,693
Businesses Nearby

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Fourth-floor residence with direct park outlooks, private elevator entry, three en-suite bedrooms, and full-service building operations.
Where is this residential income property located?
The property is located at 50 MADISON Avenue RU5 New York City, NY.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: 2,630‑square‑foot full‑floor residence on the fourth floor; 29 feet of direct Madison Square Park views; Keyed elevator opens directly into the residence
More about this property
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