809-811 Madison Avenue, New York, NY, 10065

Highlights

• Potential User Opportunity
• Limited Residential Condominium Pipeline and Strong Neighborhood Sellouts
• Short-Term Leases Offer Immediate Upside
• Prestigious Madison Avenue Retail Corridor
• Rental Growth Rebound & Foot Traffic Recovery
• Luxury Tenant Co-Tenancy
• Convenient Access to Public Transportation

Description

Avison Young is pleased to present an opportunity to acquire 809-811 Madison Avenue (the “Property”), an exquisite pre-war mixed-use property spanning 12 stories and penthouse. This prime Madison Avenue and East 68th Street corner asset offers a multitude of value-add opportunities by way of building out and leasing up the vacant residential portion, converting the residential component to luxury condominiums, increasing the below market retail rents or creating a blank canvas for a user.

Manhattan