Listing Agency: CBRE | Midtown Manhattan j***@cbre.com Show Phone

Listed By: Jordan Kaplan Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 18 Last Checked: Aug 20 at 6:34AM

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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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This retail space, located on Madison Avenue, offers 1,220 square feet on the ground floor. The space features approximately 40 feet of frontage and ceiling heights of approximately 11 feet. Situated between East 52nd and 53rd Streets, the property is available for immediate occupancy.

Key Highlights

• Ground floor location
• 1,220 sf area
• Boasting 40 feet of frontage

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Nursing Home

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

49,964

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

Median Home Value

Market

Lease Benchmarks for New York, NY

$65.31 /SF/Yr

Avg Asking Price

$12–$200 /SF/Yr

Price Range

5,708 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Prime retail space with 40 feet of frontage.

Where is this retail space located?

The property is located at 500 Madison Avenue New York, NY.

What are key features of this property?

This property features: Ground floor location; 1,220 sf area; Boasting 40 feet of frontage