Condominium units at the Madison Jackson, on the Lower East Side, have hit the market, Curbed reported. The building, located at 371 Madison Street at Jackson Street, previously housed a public school. It has been vacant since the 1980s.
According to Curbed, the base price for a one-bedroom, one-bathroom unit is $496,936; two-bedroom, two-bathroom condos will go for just over $1 million. There are 110 units total in the building, the development of which was spearheaded by Michael Bolla, managing director at Prudential Douglas Elliman, and developer Thomas Sung.
As previously reported, Bolla hoped this development would lure observant Jews to the neighborhood, once home to generations of Jewish immigrants. Madison Jackson units include 24-hour kosher food service, as well as a pool with single-gender swimming hours. But Bolla said the units are open to all purchasers. The building also offers vegetarian organic room service and has an on-site yoga studio. [Curbed]