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    550 Madison Ave New York, NY 10022

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    For Lease
    Contact for pricing

    New retail development with high visibility and garden access.

    Property size:
    2,222 SF
    Lot size:
    0.84 Acres

    Property Features for 550 Madison Ave

    General Information

    Size
    2,222 SF
    Lot size
    0.84 Acres

    Source: Good Space NYC Agent Tabatha Mcgurr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on Madison

    This is a brand new retail development located at the base of an 850,000 square foot office building. The building was designed by Philip Johnson and serves as the headquarters for companies such as Hermès, BDT & MSD Partners, and Clayton, Dubilier & Rice. The retail space is adjacent to an upcoming 16,000 square foot, three-level dining concept by Gracious Hospitality Management & COTE founder Simon Kim. The property offers direct views and tenant activation access to a new half-acre garden, which is the largest public green space in the area. The space has visibility from three sides: Madison Avenue, 55th Street, and the Garden. It features 60-foot ceilings and three triple-height bays of vertical frontage along Madison Avenue. The property size is 2,222 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Olayan America Corporation Investment Company Olayan Group building Investment Company 550 Madison Commercial Real Estate Agency 550 Madison Public ... Park Sony Plaza Garden

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Dental Office Building Supply Daycare Center Auto Repair Shop Gym & Fitness

    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
    -73.973505
    Latitude
    40.761476

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    FAQs

    What type of property is this?
    Retail space - New retail development with high visibility and garden access.
    Where is this retail space located?
    The property is located at 550 Madison Ave New York, NY.
    What are key features of this property?
    This property features: - Direct views and tenant activation access to new award-winning half-acre garden, the largest public green space in the area.; - Located at the base of an 850,000sf world-class office building designed by Philip Johnson and HQ for Hermès, BDT & MSD Partners, and Clayton, Dubilier & Rice.; - Adjacent to upcoming 16,000sf three-level dining concept by Gracious Hospitality Management & COTE founder Simon Kim.
    (718) 225-9900
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    550 Madison Ave New York, NY 10022
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    New York, NY 10022
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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
    550 Madison Ave New York, NY 10022
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