809-811 Madison Avenue
New York, New York
Property
Stats
- Building size (SF) 38,540
- Stories 13
- Asking Price $45,000,000
Overview
Avison Young is pleased to present an opportunity to acquire 809-811 Madison Avenue (the “Property”), an exquisite pre-war mixed-use property spanning 12 stories and penthouse. This prime Madison Avenue and East 68th Street corner asset offers a multitude of value-add opportunities by way of building out and leasing up the vacant retail portion, converting the residential component to luxury condominiums, or creating a blank canvas for a user.
Highlights
Potential User Opportunity
Limited Residential Condominium Pipeline and Strong Neighborhood Sellouts
Short-Term Leases Offer Immediate Upside
Prestigious Madison Avenue Retail Corridor
Rental Growth Rebound & Foot Traffic Recovery
Luxury Tenant Co-Tenancy
Convenient Access to Public Transportation
