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217 Madison Street

Manhattan, NY 10002
  • $5,000,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 455338
UPDATED: 69 min ago
$5,000,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 22
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family

School Ratings & Info

Description

Two five-story mixed-use walkup building between Rutgers and Jefferson Streets. 217-219 Madison St for sale for $9,000,000. The subject property contains twenty one/two bedroom rent stabilized apartments and two stores. The property measures 26 feet by 90 feet totaling approximately more than 11,700 square feet of livable space and sits on a 26x100 foot R7-2 zoned lot. In addition, the building has a cellar with another additional partial basement which is good for storage. The boiler & heat has been updated on 2019 and approximately 4.5% cap rate. The building is neither landmarked nor in a historic district. The subject property is one minute away from the East Broadway F-train station and M22 bus station is in front of the building. The property is one block away from Gouverneur Hospital, which is the largest freestanding ambulatory care center in New York State and serves approximately 50,000 patients a year. Quick and easy access to the FDR Drive.

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© 2022 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2022-01-19T16:00:28.11.
www.carollorealestate.com/homes/121163074
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217 Madison Street Manhattan, NY 10002

  • Price: $5,000,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 69 min ago
  • MLS #: 455338
0
Beds
22
Baths
0
½ Baths
0.3
Acres
Neighborhood:
Manhattan
County:
New York (Manhattan)
Area:
Lower East Side
Property Description
Two five-story mixed-use walkup building between Rutgers and Jefferson Streets. 217-219 Madison St for sale for $9,000,000. The subject property contains twenty one/two bedroom rent stabilized apartments and two stores. The property measures 26 feet by 90 feet totaling approximately more than 11,700 square feet of livable space and sits on a 26x100 foot R7-2 zoned lot. In addition, the building has a cellar with another additional partial basement which is good for storage. The boiler & heat has been updated on 2019 and approximately 4.5% cap rate. The building is neither landmarked nor in a historic district. The subject property is one minute away from the East Broadway F-train station and M22 bus station is in front of the building. The property is one block away from Gouverneur Hospital, which is the largest freestanding ambulatory care center in New York State and serves approximately 50,000 patients a year. Quick and easy access to the FDR Drive.
Exterior Features

Construction Materials Brick Exterior Brick Lot Size Length 100 Lot Size Width 26 Parking Feature None Roof Flat Yard Back

Interior Features

Basement Amenities FinishedFullPartialSeparate EntranceWalk-In Flooring CeramicHardwoodTile Foundation Details Poured Concrete Heat Delivery Other

Property Features

ACUnits 0 Block 271 Building Amenities None Construction Type Attached Cross Street Name Rutgers St Electric 220 V Financing 1031 ExchangeBank MortgageCash Handicap Access No Heating Fuel Gas Hot Water Hot Water Coil in Boiler Lot Number 42 Lot Size Irregular YN 0 Number Of Families 20 Property Sub Type Multi-Family Property Type Residential Residential Features MicrowaveRefrigeratorStoveOther Sale Type Arm's Length Transaction Type Sale

Listing information © 2022 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of E House Realty & Mgt. Inc..


© 2022 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2022-01-19T16:00:28.11.
 
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