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218 Madison Avenue

37th Street and 36th Street
Townhouse
$18,575,000

This home has been sold

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Subway Lines
Subway number 6 Subway number 4 Subway number 5 Subway number 7 Subway number S Subway number B Subway number D Subway number F Subway number M Subway number N Subway number Q Subway number R Subway number 1 Subway number 2 Subway number 3
Nearby Subway Stations
Subway number 6 Park Ave - 33rd St
Subway number 4 Madison Ave - 42nd St
Subway number 5 Madison Ave - 42nd St
Subway number 7 Madison Ave - 42nd St
Subway number S Madison Ave - 42nd St
Subway number B 6th Ave - 34th St
Subway number D 6th Ave - 34th St
Subway number F 6th Ave - 34th St
Subway number M 6th Ave - 34th St
Subway number N 6th Ave - 34th St
Subway number Q 6th Ave - 34th St
Subway number R 6th Ave - 34th St
Subway number 1 Broadway - 40th St
Subway number 2 Broadway - 40th St
Subway number 3 Broadway - 40th St
Essentials
Price $18,575,000
Type Townhouse
Units 10
Floors 10
Key Features
Garage
Exercise Room

218 Madison Avenue: THE LITTLE BUILDING THAT COULD...It is a great investment for your portfolio. It is an opportunity to own a prestigious Madison Avenue address, directly across the street from the The Morgan Library & Museum. But, it could be the eventual site of a gleaming new building. It will have nothing but huge upside potential for you in rent roll, appreciation, and redevelopment. This is a south & east facing, key corner site, which has not been offered for sale in almost a century; and is a once in a lifetime opportunity.

We are very pleased to represent 218 Madison Avenue for sale. The property is a commercial building at the corner of Madison Avenue and E 36th Street, in Murray Hill/Midtown East. This is a terrific opportunity for an investor to gain financial exposure to a sizable parcel in the Manhattan real estate marketplace, with 130 feet of retail frontage. It is an asset with stable returns; and great short term upside because of strong demand for it's retail & office space. As a future development site, it’s particular corner location will allow for excellent residential layouts because of south and east lot exposures. It’s C5–2 zoning appears to permit a residential or mixed use tower to be eventually built on the site. It has solid financials and is currently generating $606,048 in income; with Net Operating Income (NOI) in 2013 of $302,319. The subject property benefits from 23,837 square feet of unused FAR, permitting a building of 35,210 sq. ft. to eventually be built on the site; mixed-use 'as of right'. Please send an email to the exclusive agents for a complete brochure of the offering, including rent roll and operating financials.

Murray Hill
Living in Murray Hill
Bordered by the iconic Grand Central to the north and Empire State Building to the west, Murray Hill is a neighborhood that can offer both the beauty of a quiet residential area within walking distance of work and a vibrant midtown community with great bars and restaurants.
Explore Murray Hill

This home has been sold

218 Madison Avenue
37th Street and 36th Street
Townhouse
Essentials
Price $18,575,000
Type Townhouse
Units 10
Floors 10

218 Madison Avenue: THE LITTLE BUILDING THAT COULD...It is a great investment for your portfolio. It is an opportunity to own a prestigious Madison Avenue address, directly across the street from the The Morgan Library & Museum. But, it could be the eventual site of a gleaming new building. It will have nothing but huge upside potential for you in rent roll, appreciation, and redevelopment. This is a south & east facing, key corner site, which has not been offered for sale in almost a century; and is a once in a lifetime opportunity.

We are very pleased to represent 218 Madison Avenue for sale. The property is a commercial building at the corner of Madison Avenue and E 36th Street, in Murray Hill/Midtown East. This is a terrific opportunity for an investor to gain financial exposure to a sizable parcel in the Manhattan real estate marketplace, with 130 feet of retail frontage. It is an asset with stable returns; and great short term upside because of strong demand for it's retail & office space. As a future development site, it’s particular corner location will allow for excellent residential layouts because of south and east lot exposures. It’s C5–2 zoning appears to permit a residential or mixed use tower to be eventually built on the site. It has solid financials and is currently generating $606,048 in income; with Net Operating Income (NOI) in 2013 of $302,319. The subject property benefits from 23,837 square feet of unused FAR, permitting a building of 35,210 sq. ft. to eventually be built on the site; mixed-use 'as of right'. Please send an email to the exclusive agents for a complete brochure of the offering, including rent roll and operating financials.

Garage
Exercise Room
Murray Hill
Living in Murray Hill
Bordered by the iconic Grand Central to the north and Empire State Building to the west, Murray Hill is a neighborhood that can offer both the beauty of a quiet residential area within walking distance of work and a vibrant midtown community with great bars and restaurants.
Explore Murray Hill
Subway Lines
Subway number 6 Subway number 4 Subway number 5 Subway number 7 Subway number S Subway number B Subway number D Subway number F Subway number M Subway number N Subway number Q Subway number R Subway number 1 Subway number 2 Subway number 3
Nearby Subway Stations
Subway number 6 Park Ave - 33rd St
Subway number 4 Madison Ave - 42nd St
Subway number 5 Madison Ave - 42nd St
Subway number 7 Madison Ave - 42nd St
Subway number S Madison Ave - 42nd St
Subway number B 6th Ave - 34th St
Subway number D 6th Ave - 34th St
Subway number F 6th Ave - 34th St
Subway number M 6th Ave - 34th St
Subway number N 6th Ave - 34th St
Subway number Q 6th Ave - 34th St
Subway number R 6th Ave - 34th St
Subway number 1 Broadway - 40th St
Subway number 2 Broadway - 40th St
Subway number 3 Broadway - 40th St