1994 Madison Avenue, NY
Corner Boutique Development Site in East Harlem
Overview
Key Highlights
- Price $2,495,000
- $/BSF $178
- Buildable SF 13,988
Investment Highlights
• Approximately 14,000 buildable sq. ft. on the northwest corner of Madison Avenue and East 127th Street
• Perfect condominium location with sellouts averaging $1,200 in the area
• 135 feet of wraparound frontage along the prime Madison Avenue corridor
• Attractive $/bsf for this location
• Short distance to the 4,5,6 trains on 125th Street and MetroNorth
• Close proximity to the major retail thoroughfare of 125th street
• New construction in the area includes an 100,000 sq. ft. mixed-use development site on 126th and Madison and 130,000 sq. ft. development site on 126th & 127th Street and Park Ave
• Located within an Opportunity Zone
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