410 Madison AveNew York, NY 10017

  • Banks
  • 58,395 SF
For Sale
$44,995 View listing

Property Details for 410 Madison Ave

Year built
1964
Lot size
0.16 AC
Property size (Sq ft)
58,395 SF
Zone code
C5-3
Property type
Banks
APN
01284-0014
APU
12840014

Description

Escape to this unique 6.3-acre property nestled in New York County, New York, near Fredericktown. This mostly wooded land boasts legal access to Twelve Mile Creek, offering endless possibilities for outdoor enthusiasts. Imagine hunting, camping, or simply enjoying the tranquility of nature on your own private acreage. Electricity is conveniently located along the road frontage. Situated on a ridge top exceeding 900 feet in elevation, this property presents potential for breathtaking views and multiple building sites. The land is unincorporated and unrestricted, allowing for diverse building types and uses. Proximity to the Mark Twain National Forest provides access to over 20,000 additional acres for recreation and exploration. This exceptional property, located off Madison County Road 410, at 410 Madison Ave, New York, NY 10017, presents an unparalleled opportunity to own a piece of the Ozarks. The asking price for this 6.3-acre tract (#118) is $31,475. Don't miss this chance to own your own slice of natural beauty.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,192,024
    6.5%
    $13,100,329
    7%
    $12,164,592
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,227,324
    Geo Method
    $19,227,324
  • Alternative Use

    Use
    Valuation
    Residential
    $11,050,618
    Hospitality
    $10,122,307
    Educational
    $8,421,640
    Medical
    $8,711,273
    Retail
    $13,100,329

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7569
Longitude
-73.9767
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$613,293
$3,096,000
$4,299,750
$7,395,750
-
$6,880,000
$5,987,000
$12,867,000

FAQs

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