The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

244 Madison Avenue, Unit 16A

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ALMOST NOMAD! ABSOLUTELY FABULOUS LOFT STYLE 1+ BEDROOM W/12FT CEILINGS+ FORMAL DINING

Welcome to this fabulous 1+ bedroom mint loft style home with soaring 12-foot ceilings and expansive oversized west-facing windows offering lots of natural light and fantastic sunsets! This amazingly spacious (approximately 975ft ) rare find is one that you couldn’t touch in
Nomad or Chelsea, yet it is a stone’s throw away!

Thoughtful design details include an extraordinarily large Chef’s kitchen with full-size high-end stainless steel appliances and long sweeps of stone countertops with a dishwasher, wine fridge, and tons of cabinet space. With its spacious “built for entertaining” living room with a custom 15-foot buffet console and very generous raised dining room (currently used as a 2nd bedroom), this home cannot be beat for style, space, and price. The king-sized master bedroom has a separate nook for an office and an enormous closet spanning 11 feet wide, all the way up to its 12-foot ceilings. There are also 2 other storage and custom closet areas, creating exceptional storage throughout. The renovated bathroom features a full bathtub, with a shower, and is conveniently located adjacent to the primary bedroom. A washer and dryer is allowed with board approval.

The building allows for flexible purchasing and ownership structures, including pied-à-terre, co-purchasing, and gifting. Unlimited subletting is permitted after two years of ownership.

Built in 1916 by Arthur Loomis Harmon, the architect who designed the Empire State Building, 244 Madison Avenue is a full-service prewar cooperative with a 24-hour doorman, live-in superintendent, new laundry facility on the lobby level, and a spectacular landscaped rooftop
deck with panoramic city vistas (Empire State Building)!

Easy access to Grand Central, Bryant Park, Madison Square Park, a 7-10 minute jaunt to Nomad or Chelsea, and transportation everywhere with options on the 4/5/6, 7, B/D/F/M, N/Q/R/W, and S trains. Supermarkets, dry cleaners, and all other services, plus lots of neighborhood eateries to enjoy!



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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