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220 Madison Ave

4,420 SF Office/Medical Condo Unit Offered at $3,750,000 in New York, NY 10016

Investment Highlights

  • Historic area
  • Great proximity to grand central station

Executive Summary

This property was built in 1940 and is known as the John Murray House. Closest subway stations in this versatile Midtown neighborhood are the 4, 5, 6, 7 trains. Murray Hill’s location makes it an ideal neighborhood for many professionals that work in Midtown. For many commuters, the proximity to Grand Central Station is especially convenient.

Property Facts

Price $3,750,000
Unit Size 4,420 SF
No. Units 1
Total Building Size 211,910 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment
Building Class B
Floors 15
Typical Floor Size 14,127 SF
Year Built 1941
Lot Size 0.53 AC
Parking Ratio 0.19/1,000 SF

1 Unit Available

Unit 1

Unit Size 4,420 SF
Price $3,750,000
Price Per SF $848.42
Condo Use Office/Medical
Sale Type Investment
Description

Norman Bobrow & Co., Inc. is please to offer the to
acquire a medical office (Coop). Located at 220
Madison Avenue built in 1940, known as the
John Murray House, this beautiful pre-war
apartment building spans Madison Avenue from
36th to 37th Streets and is directly across the
street from the Morgan Library, a National Historic
Landmark

Sale Notes

Virtual Tour:
https://my.matterport.com/show/?m=LK2WzwhuFwj&brand=1&play=1&qs=1&help=0&vrcoll=0&nozoom=1

This space is available for $3,750,000. It includes 12 exam rooms, 5 offices and three bathrooms. Space includes 800 SF of basement storage.  The Coop would accept a non-medical user.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - 650
2+2 190 - 1,240 - 1,195
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • Patio

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Doorman
  • Bicycle Storage
  • Maintenance on site
  • Sundeck

zoning

Zoning Code C5-2 (Medium density residential district)
C5-2 (Medium density residential district)
  • Listing ID: 33661668

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 220 Madison Ave, New York, NY 10016

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