109 Madison Street

For Sale

109 Madison Street, New York, NY 10002

This New York property for sale is located at 109 Madison Street. The current listed sale price for 109 Madison Street is $6,750,000. 109 Madison Street is situated on a lot that is 0.06 acre in size.

Contacts

broker
Thomas Gammino

Lee & Associates - New York

Property Details

  • Property Type Multi-Family
  • Property Size 9,478 SF
  • Units 23
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Jul 31, 2025
North side of Madison Street between Market Street and Catherine Street109 Madison Street is a 6-story, 9,480 square foot mixed-use walkup consisting of a ground-floor laundromat, 18 free market, 2 occupied rent-stabilized, and 2 vacant rent-stabilized units. The residential layouts include 19 2-bed/1-bath units, 2 2-bed/2-bath units, and 1 2-bed/2-bath with private rear yard access. The property runs efficiently as tenants pay for their own gas and electric, and solar panels on the roof provide electric for the building's common areas. 109 Madison Street borders Two Bridges, Chinatown, and the Lower East Side and presents immediate cash flow and future upside in rental growth. Since 2014, the Two Bridges neighborhood showed the highest increase in sales prices across Manhattan driven by rental demand and an influx of luxury residential development. 109 Madison Street offers incredible opportunity to capitalize on the neighborhood's continued growth and prosperity.
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Highlights

  • 82% Free Market
  • Ground Floor Laundromat
  • Mostly Occupied Units
  • Rental Upside

Getting around

  • 100/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 94/100

    Bike Score ®

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Location

  • City New York, NY
  • Neighborhood Two Bridges
  • Zip Code 10002
  • Market Manhattan

Points of Interest

  • East Broadway (F)

    0.25 miles

  • Nassau Street & Frankfort Street at Southeast Corner

    0.53 miles

  • Delancey Street

    0.54 miles

  • Spring Street

    0.69 miles

  • Allen St & Houston St

    0.78 miles

  • Fulton Street

    0.78 miles

  • World Trade Center

    0.80 miles

  • 1 Avenue & Houston St

    0.81 miles

  • Second Ave (F,V)

    0.82 miles

  • Houston Street & Lafayette Street at Southeast Corner

    0.86 miles

  • Blink

    0.36 miles

  • Tesla Supercharger

    0.36 miles

  • ChargePoint

    0.85 miles

  • Mobil

    1.38 miles

  • Emporium

    1.68 miles

  • BP

    1.88 miles

  • Citgo

    1.96 miles

  • Sunoco

    2.01 miles

  • Shell

    2.13 miles

  • Gulf

    2.23 miles

  • 88 Madison Street Parking

    0.06 miles

  • iPark

    0.32 miles

  • Christie Garage

    0.36 miles

  • Delancey & Essex Municipal Garage

    0.59 miles

  • Beekman Parking

    0.60 miles

  • Enterprise Ann Parking

    0.62 miles

  • Icon Parking

    0.63 miles

  • Edison ParkFast

    0.67 miles

  • Park Kwik

    0.71 miles

  • Edison Park Fast

    0.77 miles

  • Hotel91

    0.11 miles

  • Madison Les Hotel

    0.12 miles

  • Fairfield Inn & Suites

    0.12 miles

  • Hotel Mimosa

    0.13 miles

  • Hotel Richland

    0.18 miles

  • Canal Loft Hotel

    0.20 miles

  • Leon Hotel

    0.25 miles

  • Hotel 50 Bowery

    0.26 miles

  • Hotel MB

    0.29 miles

  • Manhattan Bowery Lodge

    0.29 miles

  • Chao Hui Grocery Store

    0.07 miles

  • New York Mart

    0.08 miles

  • East Broadway Mall

    0.11 miles

  • Chinatown Supermarket of Manhattan

    0.14 miles

  • FMN General Store

    0.24 miles

  • Bayard Market

    0.25 miles

  • Lucky Star Bamboo Depot

    0.26 miles

  • Superfresh

    0.30 miles

  • 99 Cents And Up Store, Inc

    0.31 miles

  • Po Wing Hong Food Market

    0.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Thomas Gammino

Lee & Associates - New York

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