Investment Opportunity – 100 Madison Street

Address: 100 Madison Street, New York, NY 10002
Asking Price: $6,250,000
Price/Unit: $367,647
Cap Rate: 3.05%
Sale Type: Investment

Property Overview

100 Madison Street presents an exceptional investment opportunity in Manhattan’s Lower East Side/Chinatown corridor. This 5-story, 17-unit mid-rise apartment building totals 9,705 SF and offers a stable, market-rate rental income stream with long-term growth potential. Its central CBD location provides strong tenant demand, supported by a dynamic mix of residential, retail, and cultural amenities.

Key Property Details

• Building Size: 9,705 SF
• Stories: 5
• Units: 17 residential units
• Class: C (2-Star Mid-Rise Apartments)
• Typical Floor Plate: 1,941 SF
• Lot Density: 296 units per acre
• Number of Buildings: 1
• Rent Type: Market Rate

Investment Highlights

• Attractive cap rate of 3.05%, providing stable income with upside potential
• Market-rate tenancy in a strong Manhattan rental market
• Efficient unit mix across 17 apartments, providing consistent occupancy
• Located in a highly desirable CBD setting with excellent transit access
• Well-positioned for long-term appreciation with potential renovation/repositioning value-add strategies

Location & Neighborhood

• Situated at the edge of the Lower East Side/Chinatown corridor, one of Manhattan’s most vibrant neighborhoods
• Surrounded by diverse dining, retail, and cultural attractions
• Excellent connectivity with access to multiple subway lines, bus routes, and proximity to the Manhattan and Brooklyn Bridges
• Strong rental demand driven by students, professionals, and long-term residents

Summary

100 Madison Street is a rare chance to acquire a stable, income-producing asset in one of Manhattan’s most active rental markets. With 17 market-rate units, a cap rate of 3.05%, and a location in a high-demand CBD neighborhood, this property offers both steady cash flow and long-term appreciation potential.