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    1392 Madison Ave New York, NY 10029

    Sponsored
    For Lease
    Contact for pricing

    Prime NYC Retail, Two Suites Available

    Lot size:
    742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents two available spaces totaling 742 square feet within a well-located building at 1392 Madison Avenue in New York City, New York County, zip code 10029. The property is classified as commercial retail with multiple tenancies. Each space offers flexibility, with a minimum divisible space of 250 square feet and a maximum contiguous space of 492 square feet. Currently, the entire 742 square feet is vacant, presenting a unique chance for a single tenant to occupy the entire building or for two separate businesses to establish themselves in this desirable location. The building's address is 1392 Madison Avenue, situated at latitude 40.7878795 and longitude -73.9540066. This prime location offers excellent visibility and accessibility for businesses seeking a strong presence in a vibrant New York City neighborhood. The property is ideal for a variety of retail uses, given its size and location. Serious inquiries are encouraged to explore this exciting opportunity to secure a retail space in one of Manhattan's most sought-after areas. The property is currently available for lease.

    Property Features for 1392 Madison Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    742 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    492 SF
    Space
    Basement
    Size
    250 SF

    HighLights

    • 742 square feet of vacant retail space available for lease at 1392 Madison Avenue, New York, NY 10029.
    • Space is divisible, with a minimum of 250 square feet and a maximum of 492 square feet contiguous.
    • High foot traffic location near Mount Sinai Hospital.
    • Surrounded by numerous high‑end amenities and businesses, including restaurants, schools, and other retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jewish Art Salon Arts Organization Shred Nations Shredding Service YVStudio LLC Contractor YV Art Productions Arts Organization Art Escrow Services Law Firm

    Suggested Use

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

    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
    -73.9540066
    Latitude
    40.7878795

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    FAQs

    What type of property is this?
    Retail property - Prime NYC Retail, Two Suites Available
    Where is this retail property located?
    The property is located at 1392 Madison Ave New York, NY.
    What are key features of this property?
    This property features: 742 square feet of vacant retail space available for lease at 1392 Madison Avenue, New York, NY 10029.; Space is divisible, with a minimum of 250 square feet and a maximum of 492 square feet contiguous.; High foot traffic location near Mount Sinai Hospital.
    Request Owner's contact information
    1392 Madison Ave New York, NY 10029
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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
    1392 Madison Ave New York, NY 10029
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