1134 Madison Ave New York, NY 10028-0425
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5-1 · New York, NYNew York. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.