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Property profile & analytics
OFF-MARKET
Retail space

1339 Madison Ave New York, NY 10128

1,200 SF
Property ID
US63-2416175
Property summary
AI-generated overview

This fee-simple retail condominium at 1339 Madison Avenue, New York, NY 10128, offers 1,200 square feet of valuable retail space. Located in the Carnegie Hill neighborhood, this vacant storefront boasts 24 feet of Madison Avenue frontage and 17-foot ceilings on the ground floor, plus an additional 350 square feet of mezzanine space. The property presents a unique value-add investment opportunity with low annual operating expenses. Its prime location benefits from high residential density and prestigious neighboring retailers, including Collette Home NYC, Val More Salon, and others. The open floor plan allows for versatile configuration to suit various retail uses. This is an exceptional opportunity to establish a presence or build an investment portfolio on one of Manhattan's most coveted avenues. The asking price is $1,950,000. This property is delivered vacant, providing immediate occupancy for users or investors.

Property profile
Verified
Property type Retail space
Total area 1,200 SF
UPID US63-2416175
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Squadron A Armory Tour Operator
  • Pop-up Clothing Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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