1339 Madison Ave New York, NY 10128
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.
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Squadron A Armory Tour Operator
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Pop-up Clothing Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.