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Retail Storefront with Venting
For Lease
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260 Madison Ave, New York, NY 10016

Retail space with venting possible, near Grand Central Terminal and Bryant Park.

Space Size5,861 SF - 6,006 SF
Days on Market498

Property Features for 260 Madison Ave

General Information

Standard status Active
Size 5,861 SF - 6,006 SF
Property subtype RETAIL

Spaces For Lease

at 260 Madison Ave Contact us

260 Madison Ave AVAILABLE, Now

Floor 1
Size 6,006 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Situated within close proximity to Grand Central Terminal, with over 21 million visitor and 46 million transit riders annually - Less than three blocks from Bryant Park, with 6 million visitors annually - Five minute walk from One Vanderbilt, which will bring 1.7 million SF of office space to the market - Strong co-tenancy with quick-service and full-service restaurants - Venting is possible
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260 Madison Ave AVAILABLE, Now

Floor Lower Level
Size 5,861 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Situated within close proximity to Grand Central Terminal, with over 21 million visitor and 46 million transit riders annually - Less than three blocks from Bryant Park, with 6 million visitors annually - Five minute walk from One Vanderbilt, which will bring 1.7 million SF of office space to the market - Strong co-tenancy with quick-service and full-service restaurants - Venting is possible
Contact us
Listing Agency: Newmark - Corporate
Listed By: Ravi Idnani
Source: Moodyscre
Added: Jun 12, 2025 Changed: Oct 13 Last Checked: Oct 20 at 11:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Corporate

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Investment Insights

Based on property information with market context.

This retail storefront offers approximately 5,861 square feet of space, with venting possible to support food-service concepts where applicable.

The location places the property within close proximity to Grand Central Terminal, which draws over 21 million visitors and 46 million transit riders annually. It is less than three blocks from Bryant Park, with about 6 million visitors annually, and roughly a five-minute walk from One Vanderbilt. The immediate retail mix includes strong co-tenancy with quick-service and full-service restaurants, supporting day-to-day foot traffic from one of Midtown’s busiest corridors.

Key Highlights

  • Retail space with venting possible
  • Less than three blocks from Bryant Park, with about 6 million visitors annually
  • Near Grand Central Terminal, with about 21 million visitors and 46 million transit riders annually

Property Analytics

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Current Use

Roman Aminov Estate ... Law Firm Fran Obeid Law Firm Netwide Media Group Marketing & Advertising Rubinstein & Corozzo LLP Law Firm Louis M. Atlas ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Parking Lot & Garage Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

91,796
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,072 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space with venting possible, near Grand Central Terminal and Bryant Park.
Where is this retail space located?
The property is located at 260 Madison Ave New York, NY.
What are key features of this property?
This property features: Retail space with venting possible; Less than three blocks from Bryant Park, with about 6 million visitors annually; Near Grand Central Terminal, with about 21 million visitors and 46 million transit riders annually
(212) 916-2938 Call to check price and availability
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