1165 Madison AveNew York, NY 10028
- Retail residential properties
- 71,604 SF
Property Details for 1165 Madison Ave
- Year built
- 2021
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 71,604 SF
- Zone code
- C5-1
- Property type
- Retail residential properties
- APN
- 01497-0053
- APU
- 14970053
Description
This exceptional retail opportunity presents 8,143 square feet of vacant space at 1165 Madison Avenue in New York, NY 10028, within New York County. The property is classified as street retail and commercial, offering multiple tenancy options. Individual spaces range from a minimum of 600 square feet to a maximum contiguous space of 1,872 square feet, providing flexibility for various business needs. The entire 8,143 square foot building is currently available for lease. This highly desirable location on Madison Avenue offers unparalleled visibility and foot traffic, making it an ideal space for a variety of retail businesses. The property's prime location in the heart of New York City ensures high exposure to a diverse and affluent clientele. This is a rare chance to secure a significant retail presence in one of Manhattan's most coveted areas. The address is 1165 Madison Avenue, New York, NY 10028. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,679,467
- 6.5%
- $13,550,277
- 7%
- $12,582,400
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,501,457
- Geo Method
- $14,501,457
-
Alternative Use
- Use
- Valuation
- Residential
- $13,550,277
- Hospitality
- $12,411,981
- Educational
- $10,326,623
- Medical
- $10,681,771
- Retail
- $16,063,635
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.7805
- Longitude
- -73.9588
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].