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Rent/Lease Apartment 1150 Madison Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 1150 Madison Ave. This trend is projected to continue. Opportunities for subleases remain available at 1150 Madison Ave and in the nearby Upper East Side neighborhood.

1150 Madison Ave Property Overview

Building Address: 1150 Madison Ave, New York NY 10028
Building Name: The Croydon
Zip Code:10028
Neighborhood:Upper East Side
Borough:Manhattan
Stories:0
Year Built:1923
Building Class:B

1150 Madison Avenue History

  • Location: Upper East Side, Manhattan, NY 10028
  • Building Name: The Croydon
  • Construction Year: 1923
  • Building Class: Class B
  • Units: Originally 343 units (records show 356 in later references)
  • Ownership History: Sold for $38 million in 1990, with multiple ownership changes documented through 2023
  • Neighborhood Context: Part of the Carnegie Hill Historic District evolution, reflecting early 20th-century luxury apartment development patterns

Contextual History

The Carnegie Hill Historic District emerged after Andrew Carnegie's 1902 mansion construction at Fifth Avenue. Though 1150 Madison is not directly mentioned in preservation records, it represents the subsequent wave of apartment buildings constructed during New York's interwar residential boom.

Building appears in NYC real estate records with varying unit counts (343-356 units), suggesting possible renovations. Recent 2023 tax records indicate $5.5 million annual property tax burden.

1150 Madison Ave
New York, NY 10028


Building Amenities at 1150 Madison Ave, Manhattan, NYC

1150 Madison Avenue, also known as The Croydon, offers a variety of amenities designed to enhance resident comfort and convenience.

  • Doorman Building
  • Fitness Center
  • Building Laundry Room
  • On-site Maintenance
  • Concierge Services
  • Pet Friendly (Cat and Dog friendly)
  • Parking Available with Valet

Apartment features include:

  • Hardwood Floors
  • Fireplace
  • Granite Countertops
  • Stainless Steel Appliances
  • Dishwasher
  • Central Air Conditioning
  • Microwave
  • Refrigerator
  • Stove & Oven
  • Large Windows with Lots of Sunlight
  • High-Speed Internet Access

1150 Madison Avenue, Manhattan, NYC

1150 Madison Avenue is a 16-story building located in the Upper East Side neighborhood of Manhattan. Originally built in 1923, the building contains a total of 343 residential units within its 472,600 square feet of space. Classified as a New Law Tenement, the structure is primarily residential with no reported significant office tenants publicly listed.

The building has been the subject of various housing maintenance complaints and violations, reflecting its age and tenant concerns. Despite these issues, it remains a substantial residential property on Madison Avenue without a notable roster of office tenants rented or leased as publicly available data indicates.


For 1150 Madison Avenue in Manhattan, NYC, there are several internet providers available in the area. Notable providers include:

  • Spectrum: Offers speeds up to 1 Gbps with wide coverage in Manhattan.
  • Verizon Fios: Known for high speeds, starting at 300 Mbps and reaching up to 2 Gbps.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services with low prices.
  • T-Mobile Fiber: Offers reliable fiber internet with extensive coverage.

1150 Madison Ave, Manhattan, NYC, is strategically located with easy access to public transportation. Nearby bus stops include Madison Av/E 86th St, though specific stops are not directly listed, nearby options typically include the M1, M2, M3, and M86 routes along Madison Avenue. For subway, the nearest stations are typically the 6 train at 86th Street or the 4, 5, 6 trains at 59th Street – Lexington Avenue.

The cross streets for 1150 Madison Ave are East 86th Street and East 85th Street.

Nearby Office Tenants Leased
  • Roberta Washington Architects leased 1,413 SF at 68 East 131st St
  • New York State Office of… leased 51,659 SF at 55 West 125th St
  • Gagosian Gallery leased 50,000 SF at 980 Madison Ave
  • New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
  • Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
  • CareMax leased 27,400 SF at 1915 Third Ave
  • Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
  • Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
  • Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
  • The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave

Nearby Retail Tenants Leased
  • Ricky's NYC leased 5,180 SF at 55 West 125th St
  • Rebecca Taylor leased 4,338 SF at 980 Madison Ave
  • Galaxy Medical PC leased 4,239 SF at 68 East 131st St
  • Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
  • Swerve Fitness leased 3,500 SF at 1140 Third Avenue
  • The House of Little People leased 2,800 SF at 401 East 84th St
  • Envy Corp. leased 2,500 SF at 4261 Broadway
  • City Mall leased 2,500 SF at 4-14 West 125th Street
  • Claire's Boutique leased 2,214 SF at 210 East 86th St
  • United Parcel Service leased 2,100 SF at 1735 Park Ave
Nearby Office Tenants Leased
  • Roberta Washington Architects leased 1,413 SF at 68 East 131st St
  • New York State Office of… leased 51,659 SF at 55 West 125th St
  • Gagosian Gallery leased 50,000 SF at 980 Madison Ave
  • New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
  • Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
  • CareMax leased 27,400 SF at 1915 Third Ave
  • Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
  • Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
  • Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
  • The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
Nearby Retail Tenants Leased
  • Ricky's NYC leased 5,180 SF at 55 West 125th St
  • Rebecca Taylor leased 4,338 SF at 980 Madison Ave
  • Galaxy Medical PC leased 4,239 SF at 68 East 131st St
  • Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
  • Swerve Fitness leased 3,500 SF at 1140 Third Avenue
  • The House of Little People leased 2,800 SF at 401 East 84th St
  • Envy Corp. leased 2,500 SF at 4261 Broadway
  • City Mall leased 2,500 SF at 4-14 West 125th Street
  • Claire's Boutique leased 2,214 SF at 210 East 86th St
  • United Parcel Service leased 2,100 SF at 1735 Park Ave

Innisfree Mergers and Acquisitions Testimonial

Innisfree Mergers and Acquisitions testimonial Dear Steve, We are pleased to serve as a reference for you and Optimal Spaces Inc. You and your team did a great job for us in finding a sublease at 67 Wall Street. You were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. We look forward to working with you again. Very truly yours, Arthur B. Crozier Co-Chairman
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
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Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.