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1300 MADISON AVENUE | FREE MARKET APTS | Pictures are Virtually Staged
CARNEGIE HILL | UPPER EAST SIDE | NEW YORK CITY
A Rare Madison Avenue Investment & Owner-User Opportunity
Situated in the heart of prestigious Carnegie Hill, directly across from The Wales Condominium, 1300 Madison Avenue presents an exceptional opportunity to acquire a distinguished mixed-use property along one of Manhattan's most coveted residential and commercial corridors.
Offered with nearly full vacant delivery, this unique asset provides extraordinary flexibility for an owner-user, investor, or entrepreneur seeking to establish a flagship presence on Madison Avenue.
The property has benefited from improvements, including a new roof, and offers an appealing combination of prime retail frontage, commercial income, and beautifully proportioned residential spaces.
Property Highlights
Ground Floor Retail & Lower Level
The ground-floor retail space features prominent Madison Avenue frontage, a bathroom, and direct access to a private rear garden, offering an attractive opportunity for a restaurant, boutique, gallery, or luxury retail concept.
A full basement, equipped with a commercial kitchen, adds substantial functionality. The rear garden presents the potential for an enclosed dining area, subject to applicable approvals, further enhancing the property's commercial possibilities.
Second Floor — Commercial Showroom
An established commercial showroom occupies the second floor, providing immediate rental income with approximately two years remaining on its lease.
Third Floor — Full-Floor Residence
A remarkable floor-through residence featuring soaring ceilings exceeding 11 feet, a fireplace, original architectural details, and a private setback terrace overlooking Madison Avenue.
Delivered vacant, this residence offers exceptional potential for a sophisticated private home, executive residence, or luxury rental.
Fourth Floor — Full-Floor Residence
A charming full-floor residence featuring a spacious bedroom, a separate office, and a skylight that brings natural light into the interior.
Delivered vacant, the fourth floor offers additional flexibility for residential use or potential combination with other portions of the building, subject to approvals.
Additional Development Potential
The property is believed to offer approximately 9,164 square feet of unused development rights, presenting an additional opportunity for a purchaser to explore future expansion or redevelopment, subject to zoning verification and applicable approvals.
An Exceptional Carnegie Hill Address
Surrounded by elegant residential buildings, prestigious schools, cultural institutions, galleries, and some of Madison Avenue's most desirable retail destinations, 1300 Madison Avenue benefits from a distinguished neighborhood setting and an enduring luxury market.
Its position directly opposite The Wales Condominium further reinforces the property's exceptional location and long-term desirability.
A Compelling Opportunity
With its desirable Madison Avenue address, nearly vacant delivery, established commercial income, private outdoor space, and potential development upside, 1300 Madison Avenue represents a rare opportunity to acquire and reposition a distinctive Manhattan asset.
Private viewings available to qualified purchasers.
Pictures are virtually Staged.
Other
Details
Details
Property Type
Mixed Use, Low-Rise
Square Footage
5,436
Year Built
1920
Floor Number
--
Parking
No
Terrace
Yes
Listing Courtesy of
FIND Real Estate
MLS ID
108295TH
AA
Listing Agent
Assaf Amethys
Listing ID:
3338009
Brokerage Name:
FIND Real Estate
Office Address:
5 West 37th Street, 12th Floor, New York, NY 10018