$13,000,000
Updated 11 years ago
Off Market

534 Madison Ave

Midtown East, Manhattan | East 54th Street & East 55th Street

7,250 Square FeetMixed Use

$13,000,000
floors / apts5 / 5
Lot Size25'x70'
Built Size25'x50'
ZoneC53
Building TypeLow-Rise
RE Taxes$58,652
Price Per SF
$1,793

Building Amenities

  • Voice Intercom

Property Description for 534 Madison Ave

> Mixed-use building consisting of commercial/retail space on the first and second floors. and five residential apartments on floors three trough five. > The top three floors consists of five apartments, four of which will be delivered vacant. The fifth floor front-facing apartment is rent controlled. > 10/03: Also available for Net Lease at $550,000 per annum.

Listing History for 534 Madison Ave

Now
07/07/2008
POM by Paul J. Massey
Cushman & Wakefield
01/02/2008
Back on the Market by Paul J. Massey
Cushman & Wakefield

Building Details for 534 Madison Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts5/5
Learn More About the Building

Transit and Citi Bike

Subway

5 Av/53 St
0.08 miles
51 St
0.26 miles
5 Av/59 St
0.29 miles
57 St
0.3 miles
Lexington Av/53 St
0.33 miles

Railroad

Grand CentralLong Island Rail Road
0.38 miles

Citi Bike

E 53 St & Madison Ave
0.06 miles
E 56 St & Madison Ave
0.09 miles

Contact Agent

Contact Agent

Paul Massey
Cushman & Wakefield

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 20523TH