109 Madison Street

Five Story Walk-up in Two Bridges for Sale

109 Madison Street, New York, NY 10002
Asking Price $9,750,000
Type Mixed-Use
Neighborhood Two Bridges | Lower East Side
Properties 1
Lot Size 25’ x 100.58’ built 86’
Zoning Code R7-2
Size 9,480 SF
Stories 5
Units 22 Apartments & 2 Stores
Air Rights

Investment Highlights:

Meridian Investment Sales is pleased to present for sale 109 Madison Street, a five-story walk-up apartment building located in the Two Bridges neighborhood, just south of the Lower East Side and Chinatown.

The building is 85% Free Market which includes 22 two-bedroom units. All free market units have been gut renovated with new kitchens, floors and bathrooms. In addition, apartments are individually metered for heat. There are also solar panels on the roof resulting in lower electric for the common areas.

The property is walking distance to City Hall & New York Presbyterian Hospital. Located near East Broadway [F] train station on Rutgers Street. Quick and easy access to the FDR Drive

Location:

Located in the Two Bridges neighborhood, just south of the Lower East Side and Chinatown.

Property Listing Contact:

Amit Doshi // Senior Executive Managing Director // 800 3rd Ave., New York, NY // 212.468.5959 // adoshi@meridiancapital.com

Shallini B. Mehra // Managing Director // 800 3rd Ave., New York, NY // 212.468.5958 // smehra@meridiancapital.com