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$8,900,000*
●
Condo -
Off Market
1289 Madison Avenue #BUILDING
New York, NY 10128
8 Beds
6 Baths
5000 Sqft
$8,010,000 - $9,790,000
Reference Base Price*
0.00%
Since Dec 1, 2023
NY-New York
Primary Model
About This Property
Opportunity knocks! 1289 Madison Ave is a 5 story, mixed-use
building, with 6 units in the heart of Carnegie Hill's Historic
District. Situated on bustling Madison Ave, just off East 92nd
Street. Enjoy the exceptional transportation & conveniences. A
plethora of incredible independent restaurants, cafes, and bars
nearby. Just blocks away from Central Park, Frank Lloyd Wright's
Guggenheim Museum and Museum Mile. Close to the crosstown M96 bus,
4, 5, 6 & Q trains.
1289 Madison Ave is perfect for an investor or end-user alike. As an end-user, this is an opportunity to run your own business out of one of the commercial spaces and live in the penthouse above.
Large, new condo developments in the area will bring the desired foot-traffic for the ground floor commercial tenant.
BUILDING
This pre-war building is made up of 2 commercial spaces and 4 residential apartments. All units are free market and have been well maintained and cared for by the current owners.
1st Floor: Commercial space; currently owner occupied. Setup as a pizzeria, with over 1,200 sq ft, kitchen, storage, cellar and will be delivered vacant.
2nd Floor: Commercial space; Over 1,200 sq ft, currently occupied by the world-renowned Fred Astaire dance studio, with a lease through June 2024.
3rd Floor: Residential; Large, recently renovated, 3 bed, 1 bath apartment with outdoor space. Sun-filled, with eastern and western exposures. Open kitchen with stainless steel appliances, full gas range stove and a dishwasher. The primary bedroom fits a king-sized bed and leads to the extraordinary private terrace. Tons of storage and hardwood floors through the apartment.
4th Floor: Residential; Comprised of 2 units; 1-bedroom apartment and a studio. Each of these units have been recently renovated and are filled with great natural light. Open kitchens with stainless steel appliances, including gas ranges stoves and dishwashers. The 1-bedroom unit also has a private b
The manager has listed the unit size as 5000 square feet.
1289 Madison Ave is perfect for an investor or end-user alike. As an end-user, this is an opportunity to run your own business out of one of the commercial spaces and live in the penthouse above.
Large, new condo developments in the area will bring the desired foot-traffic for the ground floor commercial tenant.
BUILDING
This pre-war building is made up of 2 commercial spaces and 4 residential apartments. All units are free market and have been well maintained and cared for by the current owners.
1st Floor: Commercial space; currently owner occupied. Setup as a pizzeria, with over 1,200 sq ft, kitchen, storage, cellar and will be delivered vacant.
2nd Floor: Commercial space; Over 1,200 sq ft, currently occupied by the world-renowned Fred Astaire dance studio, with a lease through June 2024.
3rd Floor: Residential; Large, recently renovated, 3 bed, 1 bath apartment with outdoor space. Sun-filled, with eastern and western exposures. Open kitchen with stainless steel appliances, full gas range stove and a dishwasher. The primary bedroom fits a king-sized bed and leads to the extraordinary private terrace. Tons of storage and hardwood floors through the apartment.
4th Floor: Residential; Comprised of 2 units; 1-bedroom apartment and a studio. Each of these units have been recently renovated and are filled with great natural light. Open kitchens with stainless steel appliances, including gas ranges stoves and dishwashers. The 1-bedroom unit also has a private b
The manager has listed the unit size as 5000 square feet.
Unit Size
5,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,780
Property Type
Condo
Property Taxes
$9,336
HOA Dues
$1
Year Built
1890
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 12, 2023 | No longer available | - | |
No longer available | |||
Mar 20, 2023 | Withdrawn | - | |
Withdrawn | |||
Jan 10, 2023 | Price Decreased |
$8,900,000
↓ $600K
(6.3%)
|
|
Price Decreased | |||
Nov 7, 2022 | Listed | $9,500,000 | |
Listed | |||
|
|||
Opportunity knocks! 1289 Madison Ave is a 5 story, mixed-use
building, with 6 units in the heart of Carnegie Hill's Historic
District. Situated on bustling Madison Ave, just off East 92nd
Street. Enjoy the exceptional transportation & conveniences. A
plethora of incredible independent restaurants, cafes, and bars
nearby. Just blocks away from Central Park, Frank Lloyd Wright's
Guggenheim Museum and Museum Mile. Close to the crosstown M96 bus,
4, 5, 6 & Q trains.
1289 Madison Ave…
|
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
4
Beds
5
Baths
2,974 ft²
$2,640/ft²
$7,849,978
Dec 20, 2021
$7,849,978
Mar 8, 2023
$11,385/mo
Sold
House
5
Beds
5
Baths
4,700 ft²
$1,745/ft²
$8,200,000
Sep 14, 2021
$8,200,000
Dec 21, 2022
-
Co-op
6
Beds
6
Baths
5,200 ft²
$1,500/ft²
$7,800,000
Dec 8, 2020
$7,800,000
Jul 8, 2022
$10,859/mo
House
5
Beds
5
Baths
4,500 ft²
$2,100/ft²
$9,450,000
Sep 2, 2021
$9,450,000
Jun 14, 2022
-
Sold
Co-op
4
Beds
4
Baths
3,840 ft²
$2,474/ft²
$9,500,000
Sep 12, 2018
$9,500,000
Sep 10, 2019
$8,857/mo
Co-op
4
Beds
5
Baths
-
$8,975,000
Oct 23, 2015
$8,975,000
Mar 2, 2016
$5,434/mo
In Contract
Co-op
5
Beds
5
Baths
4,000 ft²
$2,248/ft²
$8,990,000
Feb 16, 2021
-
$10,350/mo
Active
Multifamily
6
Beds
7
Baths
7,275 ft²
$1,203/ft²
$8,750,000
Sep 14, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/23/2023
|
|
Loft
|
-
|
-
|
$8,900,000
Loft
-
|
-
-
|
-
|
Peter Poljan
The Corcoran Group
|
11/08/2022
|
|
Loft
|
-
|
-
|
$9,500,000
Loft
-
|
-
-
|
-
|
Peter Poljan
The Corcoran Group
|
11/07/2022
|
8 Bed
|
6 Bath
|
5000 ft²
|
$8,900,000
8 Bed
6 Bath
5000 ft²
|
-
-
|
-
|
Peter Poljan
The Corcoran Group
|