Map of Property

218 Madison Avenue Listing Details & Market Data

218 Madison Avenue, New York, NY 10016

Upland Property Advisors, as exclusive agent, is pleased to offer for sale the fee simple interest in 218 Madison Avenue (the “Property”), a prime residential development site located on the northwest corner of Madison Avenue and East 36th Street.  As-of-right, the site can be built with a 35,625 ZSF “quality housing” luxury residential project of up to 117 feet in height. An alternative design would allow a total development of 42,750 ZSF utilizing “tower regulations,” by using 7,125 ZSF of inclusionary housing rights.  Regardless of which design is employed, the site is advantaged by its combination of Madison Avenue prestige, immediate proximity to Bryant Park and Grand Central Terminal, and superior walk-to-work convenience, allowing the project to capitalize on the notable strength of the Manhattan “value luxury” residential condominium market segment.

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Highlights

  • High-visibility corner location along prestigious Madison Avenue.
  • Low-rise landmarked Morgan Library and Museum directly across Madison Avenue permanently protected light, air, and views.
  • Surrounded by the worlds greatest concentration of major corporations, creating a strong residential demand base from walk-to-work professionals.
  • Central, mixed-use location at the confluence of the Bryant Park, NoMad, Grand Central, and Murray Hill neighborhoods comprehensive dining, shopping, and entertainment amenities.
  • Modestly-sized units cater to the value luxury niche preferred by Manhattan professionals, empty nesters, and international buyers.
  • Ability to create private outdoor space for all units a rare and valuable amenity that is even more desirable in a post-pandemic world.
  • Vacant delivery of existing 4-story brick building allows rapid development of the Property limited competitive inventory and anticipated continued pricing growth.

Contacts

broker

YOAV OELSNER

(646) 908-4990

broker

GLENN TOLCHIN

(646) 908-4989

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (100)

  • Transit Score ®

    Rider's Paradise (100)

  • Bike Score ®

    Very Bikeable (82)
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Murray Hill
  • Zip Code 10016
  • Market Manhattan

Points of Interest

  • 33rd Street

    0.20 miles

  • Grand Central

    0.29 miles

  • 34th Street–Herald Square

    0.30 miles

  • Grand Central 42nd Street / Vanderbilt Avenue entrance

    0.31 miles

  • 5th Avenue

    0.32 miles

  • 34th Street & Broadway at Northwest Corner

    0.32 miles

  • Grand Central 42nd Street entrance

    0.32 miles

  • 42nd Street–Grand Central

    0.33 miles

  • Grand Central 43rd Street / Vanderbilt Avenue entrance

    0.35 miles

  • Grand Central Terminal

    0.36 miles

  • ChargePoint

    0.38 miles

  • ChargePoint

    0.49 miles

  • ChargePoint

    0.56 miles

  • Tesla Supercharger

    0.62 miles

  • Bus Charging Station

    0.67 miles

  • ChargePoint

    0.75 miles

  • ChargePoint

    0.76 miles

  • ChargePoint

    0.80 miles

  • ChargePoint

    0.83 miles

  • Blink

    0.92 miles

  • Select Garages

    0.16 miles

  • SP+

    0.27 miles

  • Herald Square Shopping Court

    0.29 miles

  • City Parking

    0.30 miles

  • Red Ball Garage

    0.38 miles

  • Hippodrome Parking

    0.41 miles

  • intlFcstone 10022 LOCi Multi

    0.49 miles

  • icon 24hr Parking

    0.51 miles

  • Icon Parking

    0.52 miles

  • Quik Park Garage

    0.56 miles

  • CHILI 美麗

    0.05 miles

  • Burger King

    0.07 miles

  • Royal 35 Steakhouse

    0.07 miles

  • Pret A Manger

    0.07 miles

  • Dunkin'

    0.08 miles

  • Norikoh

    0.09 miles

  • Kosher in Midtown

    0.11 miles

  • Zuma

    0.12 miles

  • Xi'an Famous Foods

    0.12 miles

  • Yoon Haeundae Galbi

    0.13 miles

  • CUNY Graduate School and University Center

    0.09 miles

  • Norman Thomas High School

    0.22 miles

  • Stern College Yeshiva University

    0.24 miles

  • Stella and Charles Guttman Community College

    0.27 miles

  • American Academy of Dramatic Arts

    0.29 miles

  • Rebecca School

    0.32 miles

  • Lexington Avenue Campus Touro College

    0.37 miles

  • Public School 116

    0.41 miles

  • CUNY School of Professional Studies

    0.42 miles

  • International Center of Photography

    0.42 miles

  • Wee Ones Club

    0.19 miles

  • Everbrook Academy

    0.38 miles

  • Gymboree

    0.41 miles

  • Alpha Bet Preschool of Murray Hill

    0.42 miles

  • Push My Swing

    0.49 miles

  • St Vartan Play Group Preschool

    0.56 miles

  • NY Kids Club

    0.57 miles

  • The Accorn School

    0.73 miles

  • Samuel J. Heyman Early Childhood Center

    0.93 miles

  • 14th Street Y - Childcare

    1.24 miles

Contact 218 Madison Avenue