1323 Madison Ave

Rare Madison Avenue mixed-use building with two commercial spaces and a fully renovated residential duplex with three bedrooms, two and a half baths and two terraces. Located in prime Carnegie Hill, this building has 16 feet of coveted frontage on the historic Madison Avenue near the corner of 93rd Street. The lower commercial space, currently occupied by Val More Salon, encompasses the first floor and the fully built out basement. The upper retail, encompassing the entire second floor, is occupied by Spotlight Kids, an after school theatre program. The free-market residential space is not to be missed! It’s well-designed, beautifully renovated and gets wonderful Eastern and Western light. There is a full floor of living space with a grand living room overlooking Madison Avenue, an open kitchen, two fireplaces and a separate office. The open kitchen has access to a large terrace that is perfect for entertaining and allows for indoor and outdoor dining. The upper floor has three bedrooms and two bathrooms. The primary bedroom suite is quite spacious and leads to the apartment’s second private terrace. The second and third bedrooms have lovely views of Madison Avenue. The residential space is currently occupied, with a lease ending 4/30/25. This unique opportunity allows for steady commercial income and either a gorgeous place to call home or additional, free-market residential income.