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    132 Madison Ave New York, NY 10016

    For Lease
    Contact for pricing

    Prime corner retail space with significant frontage and full basement.

    Property size:
    2,359 SF
    Lot size:
    0.42 Acres

    Property Features for 132 Madison Ave

    General Information

    Size
    2,359 SF
    Lot size
    0.42 Acres

    Source: Colliers | New York City Agent David Green

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

    Overview

    Madison Avenue Corner Retail Space

    This retail space, located at the southwest corner of Madison Avenue and East 31st Street, offers flagship potential. The property features new construction with ADA bathrooms, 800 amps of electric, gas, and an HVAC system. A black iron vent can be installed for cooking purposes. The space includes significant glass frontage, with 28 feet along Madison Avenue and 72 feet on East 31st Street. Substantial ceiling heights enhance the space, which also includes a full basement. The total property size is 2359 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mastermedia International Inc Religious Organization

    Suggested Use

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

    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
    -73.98476
    Latitude
    40.745794

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    FAQs

    What type of property is this?
    Retail space - Prime corner retail space with significant frontage and full basement.
    Where is this retail space located?
    The property is located at 132 Madison Ave New York, NY.
    What are key features of this property?
    This property features: - Prime corner location at Madison Avenue and East 31st Street with flagship potential.; - Significant glass frontage: **28’ on Madison Avenue and 72’ on East 31st Street.**; - Brand new construction with ADA bathrooms, 800 amps of electric, gas, and HVAC system.
    (212) 716-3500
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    132 Madison Ave New York, NY 10016
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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
    132 Madison Ave New York, NY 10016
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