Contacts

Benji Azar

ELIFIN®

Property Details

Property Type Multi-Family
Property Size 7,260 SF
Units 10
Lot Size 0.06 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1827
Date Updated Dec 10, 2024

Sq 23, Lot 3Built in 1827, This is one of the five buildings with entresol levels constructed for Louis McCarthy and designed by the French Architect, Louis H. Pilie. Adjoined to the rear of the Lower Pontalba, often cited as the oldest apartment buildings in the country, 522 Madison is located at the center of the Historical French Quarter and just a few minutes’ walk to St. Louis Cathedral, Cafe Du Monde and numerous restaurants, bars, and museums. Located in the National Register District of the French Quarter, 522 Madison is eligible for National Registry Status. 522 Madison is an excellent opportunity for re-development utilizing State and Federal Historic Tax Credits or condominium conversion. Consisting of 10 1bd/1ba units, elevator, and laundry room, spread across two buildings that are separated by a common area courtyard; three (3) of the leases are currently month to month. The property also features a penthouse on the top level with exceptional rooftop views of the Mississippi River, the New Orleans skyline, and the vibrant French Quarter. Currently vacant, it is ready to be used as the new owner's personal retreat or as a unique draw for a potential tenant. Rents are currently below market creating an excellent opportunity for immediate value-add.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Located in the National Register District of the French Quarter, 522 Madison is eligible for National Registry Status.
Excellent opportunity for re-development utilizing State and Federal Historic Tax Credits or condominium conversion.
Below market and month-to-month leases provide opportunity for immediate value-add potential
Centrally Located allowing immediate access to the entire Vieux Carre

Getting around

98/100
Walk Score ®
79/100
Transit Score ®
91/100
Bike Score ®

Powered by Walk Score ®

City New Orleans, LA
Neighborhood French Quarter
Zip Code 70116
Market New Orleans

Points of Interest

Dumaine Street

0.09 miles
Toulouse Street

0.18 miles
Ursulines Avenue

0.22 miles
French Market

0.36 miles
North Rampart at Saint Ann

0.38 miles
Bienville Street

0.40 miles
North Rampart at Ursulines

0.42 miles
North Rampart at Conti

0.50 miles
North Rampart at Esplanade

0.52 miles
Canal at Chartres

0.53 miles

Key's Fuelmart

0.46 miles
Chevron

0.48 miles
Franklin Shell

1.04 miles
Shell

1.13 miles
Exxon

1.22 miles
Quicky's

1.36 miles
ChargePoint

1.49 miles
Orleans Center

1.52 miles

Hotel Monteleone Parking Garage

0.40 miles
Pay Parking Lot

0.46 miles
E-Z Park

0.69 miles
Premium Parking Lot P296

0.71 miles
Harrah's New Orleans Parking Garage

0.75 miles
Premium Parking Lot

0.80 miles
412 O'keefe Garage

0.84 miles
The New Orleans HEaling Center Side Parking Lot

0.89 miles
Premium Parking

1.14 miles
United States Postal Service Parking Garage

1.17 miles

Place d'Armes Hotel

0.07 miles
Nine-O-Five Royal Hotel

0.13 miles
Chateau Hotel

0.13 miles
Andrew Jackson Hotel

0.14 miles
Bourbon Orleans Hotel

0.14 miles
Hotel Royal

0.15 miles
Hotel Provincial

0.15 miles
Hotel Villa Convento

0.18 miles
Bon Maison Guest House

0.18 miles
Inn on Ursulines

0.21 miles

Shops of Upper Pontalba

0.12 miles
Rouses

0.15 miles
The Shops at Jax Brewery

0.16 miles
Crafts Bazaar

0.17 miles
The Marketplace at Jackson Brewery

0.28 miles
Esplanade Mini Mart (24h)

0.45 miles
Shops at Canal Place

0.51 miles
Saks Fifth Avenue

0.53 miles
Nesbit's Magazine Street Market

0.63 miles
Robért Fresh Market

0.79 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.