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Résumé de l'annonce
Cushman & Wakefield is pleased to exclusively present the sale of 1944 Madison Avenue, a 23,975 SF, five-story mixed-use elevator building located on a prime corner of Harlem’s core 125th Street retail corridor in East Harlem, Manhattan. The property benefits from exceptional corner visibility, strong frontage, and sustained pedestrian traffic along one of Upper Manhattan’s most established commercial thoroughfares.
1944 Madison Avenue consists of 13 residential units and 5 street-level commercial units, with all retail spaces fully leased and positioned to capitalize on 125th Street’s continuous retail demand. The residential component includes five free-market units and eight rent-stabilized units, comprised of one 3-bedroom, eleven 4-bedroom, and one 5-bedroom apartment. One residential unit is currently vacant.
The asset is further enhanced by excellent transit connectivity, located two blocks from the Harlem– 125th Street station serviced by the 4, 5, and 6 lines, steps from the 125th Street station serviced by the 2 and 3 lines, and one block from the Harlem–125th Street Metro-North station, offering direct access to Midtown Manhattan and the broader region. Convenient vehicular access is provided via the nearby Harlem River Drive.
1944 Madison Avenue consists of 13 residential units and 5 street-level commercial units, with all retail spaces fully leased and positioned to capitalize on 125th Street’s continuous retail demand. The residential component includes five free-market units and eight rent-stabilized units, comprised of one 3-bedroom, eleven 4-bedroom, and one 5-bedroom apartment. One residential unit is currently vacant.
The asset is further enhanced by excellent transit connectivity, located two blocks from the Harlem– 125th Street station serviced by the 4, 5, and 6 lines, steps from the 125th Street station serviced by the 2 and 3 lines, and one block from the Harlem–125th Street Metro-North station, offering direct access to Midtown Manhattan and the broader region. Convenient vehicular access is provided via the nearby Harlem River Drive.
Faits sur la propriété
| Type de vente | Investissement | Classe d’immeuble | B |
| Nombre d’unités | 18 | Taille du lot | 0,13 AC |
| Type de propriété | Immeuble residentiel | Taille du bâtiment | 23 975 pi² |
| Sous-type de propriété | Appartement | Nombre d’étages | 5 |
| Style d’appartement | De hauteur moyenne | Année de construction | 1900 |
| Zonage | C4-4A - Regional commercial center located outside of the central business districts | ||
| Type de vente | Investissement |
| Nombre d’unités | 18 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Taille du lot | 0,13 AC |
| Taille du bâtiment | 23 975 pi² |
| Nombre d’étages | 5 |
| Année de construction | 1900 |
| Zonage | C4-4A - Regional commercial center located outside of the central business districts |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 3+2 | 18 | - | 1 100 |
1 1
Exceptionnellement praticable à pied
100/100
Assez facile d’accès en voiture
40/100
Transports en commun exceptionnels
100/100
Très praticable en vélo
80/100
Impôts fonciers
| Numéro de lot | 1749-0056 | Évaluation des bâtiments | 1 003 597 $ CAD |
| Évaluation du terrain | 52 023 $ CAD | Évaluation totale | 1 055 620 $ CAD |
Impôts fonciers
Numéro de lot
1749-0056
Évaluation du terrain
52 023 $ CAD
Évaluation des bâtiments
1 003 597 $ CAD
Évaluation totale
1 055 620 $ CAD
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1944 Madison Ave
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