This Multifamily Property is no longer advertised on LoopNet.com.

109 Madison St
New York, NY 10002
Multifamily Property For Sale · 22 Units

Investment Highlights

  • Mixed-use walkup with 22 apartments & 2 stores | 9,480 SF
  • All tenants pay for fuel
  • 81% of the building is free market
  • Solar panels installed on the roof

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 9,480 SF
Average Occupancy 100%
No. Stories 6
Year Built/Renovated 1900/2017
Zoning R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements.

Amenities

Unit Amenities

  • Heating
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower

About 109 MADISON ST , NEW YORK, NY 10002

A turn-key five-story mixed use walk-up apartment building located in the Two Bridges neighborhood, just south of the Lower East Side and Chinatown. The building is 81% Free Market which includes 22 two-bedroom units and 2 stores. All free market units have been gut renovated in the past year 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. 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.

Property Taxes

Property Taxes

Parcel Number
0277-0018
Land Assessment
$90,000
Improvements Assessment
$1,075,255
Total Assessment
$1,165,255
  • Listing ID: 14636779

  • Date on Market: 12/14/2018

  • Last Updated:

  • Address: 109 Madison St, New York, NY 10002

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