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1295 Madison Ave
New York, NY 10128 Carnegie Hill

$13,700,000 USD

Apartments Condo For Sale  •  3,002 SF

Property Details

  • Property Type Apartments
  • Total Building Size 62,620 SF
  • Lot Size 0.14 AC
  • Building Class B
  • Year Built 2020
  • Zoning R6
100 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Bank Retail 3,002 SF $13,700,000 USD
  • Unit Size: 3,002 SF
  • Condo Use: Retail
  • Price: $13,700,000 USD
  • Sale Type: Investment
  • Price/SF: $4,563.62 USD

Description 

Surmount is pleased to present the exclusive listing for a Chase Bank located at 1295 Madison Ave., New York, NY 10128. The site consists of roughly 3,002 rentable square feet of building space on an estimated 0.14-acre parcel of land. This Chase Bank is subject to a 15.5-year Triple Net (NNN) lease, which commenced 3/15/2023. The current annual rent is $616,500 and has scheduled increases of 10.00% every 5 years.

Highlights

Long-Term NNN Lease With Zero Landlord Responsibilities
Strong Corporate Guarantee
Attractive Rental Increases

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Concierge
  • Dishwasher
  • Fitness Center
  • Microwave
  • Washer/Dryer
  • Heating
  • Doorman
  • Tile Floors
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Storage Space
  • Bicycle Storage
  • Pet Care
  • Family Room
  • Framed Mirrors
  • Freezer
  • Pantry

Public Transportation

Commuter RailDriveWalkDistance
Harlem-125th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 2.1 mi
8 min - 2.7 mi
Transit/SubwayDriveWalkDistance
96 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
86 Street (4,5,6 Line) (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
103 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 14 min 0.7 mi
96 Street (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 17 min - 7.7 mi
Newark Liberty International 27 min - 17.1 mi
John F Kennedy International 30 min - 18.9 mi
Glen Kunofsky 332-345-4222 Surmount
Glen Kunofsky 332-345-4222 Surmount