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    1134 Madison Ave New York, NY 10028

    For Lease
    Contact for pricing

    Upscale Upper East Side Retail Opportunity

    Lot size:
    1,025 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    305
    This exceptional retail space, located on Madison Avenue in the prestigious Upper East Side of Manhattan, presents a unique investment opportunity. The property offers a total of 2,050 square feet, encompassing a ground floor of 1,025 square feet and an equally sized 1,025 square foot basement. Currently a blank canvas ("white box"), this former restaurant space is ready for immediate customization to suit a wide range of retail concepts. The property boasts attractive glass frontage, ensuring excellent street visibility and natural light. Its prime location on Madison Avenue guarantees high foot traffic and exposure to a discerning clientele characteristic of this affluent neighborhood. The single-tenant occupancy provides flexibility and control for the new owner or tenant. This is an unparalleled chance to establish a thriving business in one of New York City's most coveted retail districts. The property is situated within New York County, specifically the Upper East Side submarket, offering unparalleled access to a wealthy and densely populated consumer base. The space's versatility makes it suitable for a variety of retail uses, from high-end boutiques to specialty food establishments. The combination of size, location, and condition makes this a truly remarkable opportunity. Don't miss out on this chance to secure a prime retail location in the heart of the Upper East Side.

    Property Features for 1134 Madison Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,025 SF

    Unit(s) available at that property

    Space
    Size
    1,025 SF

    HighLights

    • 1,025 SF ground floor retail space on Madison Avenue in the Upper East Side of Manhattan.
    • Single‑tenant retail space, formerly a restaurant.
    • Currently delivered as a white box space.
    • Features attractive glass frontage.
    • Includes an additional 1,025 SF basement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9597663
    Latitude
    40.7797739

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    FAQs

    What type of property is this?
    Restaurant - Upscale Upper East Side Retail Opportunity
    Where is this restaurant located?
    The property is located at 1134 Madison Ave New York, NY.
    What are key features of this property?
    This property features: 1,025 SF ground floor retail space on Madison Avenue in the Upper East Side of Manhattan.; Single-tenant retail space, formerly a restaurant.; Currently delivered as a white box space.
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    1134 Madison Ave New York, NY 10028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1134 Madison Ave New York, NY 10028
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