958 Madison Avenue, New York, NY 10065

Upper East Side, New York, New York 10065

$39,000,000   $35,000,000  

Listing ID Number

25471

Property Description

958 Madison Avenue is a twenty-five (25) foot wide, five (5) story mixed-use building located on the west side
of Madison Avenue between East 75th and 76th Streets. The first three (3) floors of
the property contain three (3) full-floor commercial units, with the first floor unit having an additional 1,200 square feet of below grade space. Floors four (4) and five (5) consist of four (4) 1-bedroom residential units, of which only one (1) 4th floor unit is rent stabilized with the other three (3) maintaining free market distinction.

Overview

Building Type:Apartment Buildings, Commercial Buildings, Commercial Condo/Co-op, Development/Conversion Sites, Live Plus Income Buildings, Mixed-Use Investment Buildings, Mixed-Use User Buildings, Townhouses
Lot Dimensions:25 x 95
Residential Units:4
Commercial Units:3
Taxes:$450,817
Building Sq Ft:9738

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Guthrie Garvin
Executive Managing Director
(212) 660 7786
guthrie.garvin@cushwake.com

Michael Gembecki
Director
(212) 660 7743
michael.gembecki@cushwake.com

Alexander Ball
Associate
(212) 660-7715
alexander.ball@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.