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This exceptional mixed-use property, located at 1323 Madison Avenue in New York City's prestigious Upper East Side, presents a unique investment opportunity. Originally built in 1912 and thoughtfully renovated, this four-story building boasts 5,200 square feet and 20 feet of frontage on Madison Avenue, offering potential for future assemblage. The property features two ground and first-floor retail units, generating income potential, and a luxurious, three-bedroom, two-and-a-half-bathroom duplex residence occupying the top two floors. The duplex offers a townhouse-like feel, complete with a dining room, living room, study, and two private outdoor decks. The second floor retail space could be used as is, or converted to residential or additional retail space. This presents an owner-user opportunity, allowing for convenient living in the upscale duplex while benefiting from the income generated by the retail units below. The duplex has its own separate entrance, ensuring privacy and exclusivity. The property is zoned R10, C1-5, and MP, situated on a 1,480 square foot lot. Its prime location offers proximity to Central Park, high-end dining, art galleries, and a thriving commercial landscape, attracting a desirable demographic. This is a rare chance to acquire a meticulously maintained, historically significant building in one of Manhattan's most sought-after neighborhoods.
Highlights
Exceptional mixed-use investment opportunity on Madison Avenue's Upper East Side.
Four-story, 5,200 square foot building with 20 feet of frontage.
Two ground-floor retail units plus a three-bedroom, two-and-a-half-bathroom duplex residence.
Duplex features private decks and separate entrance.
R10, C1-5, and MP zoning on a 1,480 square foot lot.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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