1275 Madison Condominium
Corner Retail Condominium with AAA Cash Flow
Marketing description
Ground-floor and usable lower-level areas contained within approximate building dimensions of 69 by 68 feet, the configuration supports highly efficient retail operations at a prominent Upper East Side corner.
The property is anchored by a long-standing Citibank branch recognized as one of the bank’s top-performing locations. Citibank has occupied the space for over 25 years, demonstrating durable commitment to the site. The current lease remains in place through June 2027 and includes two additional five-year extension options, offering buyers predictable income and a reliable national credit tenant. Income and expense details are available upon request and execution of an NDA.
Investment highlights
HIGHLIGHTS
◦ Top performing Citibank Branch location
◦ Long Term Citibank Tenancy (over 25 years)
◦ Current lease runs through June 2027 with two additional 5-year options
◦ Excellent co-tenancies along Madison Avenue Corridor
◦ High Per Capita Income area
INCOME & EXPENSE
◦ Upon Request and Execution of NDA
PROPERTY SUMMARY
◦ Neighborhood: Upper East Side
◦ Intersection: Northeast Corner of Madison Avenue and 91st Street
◦ Corner Lot Retail Condominium
◦ Block/Lot: 1503-1001
◦ Building Dimensions: Approx. 69’ by 68’
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