1285 Madison Ave, New York, NY 10128
- $6,950,000
- 5
- BD
- 5,283
- SqFt
- List Price
- $6,950,000
- Status
- ACTIVE
- MLS#
- RLS20122110
- Year Built
- 1910
- Days on Market
- 1
- Bedrooms
- 5
- Baths Full
- 3
- Half-baths
- 5
- Living Area
- 5,283
- County
- New York
- Subdivision
- Upper East Side
- Neighborhood
- Upper East Side
- Total Number of Rooms
- 13
- Region
- Manhattan
Property Description
Positioned along Madison Avenue in prime Carnegie Hill, 1285 Madison Avenue is a beautifully maintained, 20-foot-wide mixed-use townhouse offering enduring architectural charm and an established income stream. Spanning approximately 5,283 square feet across five stories, the property comprises two commercial spaces and three renovated, full-floor residences. Could be delivered fully vacant, all free-market tenants with compelling CAP rate for investment purposes. The residential interiors blend prewar character with thoughtfully updated kitchens and baths. Select apartments feature gracious bay windows, soaring ceilings, original parquet floors, wood-burning fireplaces, intricate millwork and in-unit laundry. East and west exposures welcome lovely natural light, with rear outlooks over neighboring townhouse gardens. Surrounded by Carnegie Hill’s fine shops and restaurants, moments from Central Park, the Reservoir and Museum Mile, this distinctive property offers a compelling opportunity to acquire an income-producing townhouse in one of Manhattan’s most coveted neighborhoods.
Additional Information
- Appliances
- Dryer, Dishwasher, Washer
- Fireplaces
- 1
- Number Of Units
- 4
- Building Stories
- 5
- Laundry
- Other
- Pets
- No, No
- Entry Level
- 1
- Taxes
- $118,716
- Furnished
- Unfurnished
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Listing courtesy of Listing Agent: Kristi Ambrosetti (kristi.ambrosetti@sothebys.realty) from Listing Office: Sothebys International Realty.
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