Expert Tenant Broker
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Rent/Lease Apartment 1150 Madison Ave
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
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.
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- Ricky's NYC leased 5,180 SF at 55 West 125th St
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- 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
Sander Partnership Inc Testimonial
Dear Stephen,
Looking for a new location in business has to be one of the most difficult situations a person finds himself or herself in. Thankfully, we found you. Without your diligent searches for space, I am convinced we would have never found the right space, at the right price and in the right location. You made the searches more enjoyable with your humor, and all of us at Sander Partnership decided early to work with your company. I hope we stay in touch, and if any of my friends need space, I would certainly recommend you.
I hope you will stop by to see what we have done with the space.
David Sander
Sander Partnership