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    213 Madison St New York, NY 10002

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    For Lease
    Contact for pricing

    Two Retail Spaces, 4,694 SF Total

    Lot size:
    4,694 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional retail property, located at 213 Madison Street in New York, NY 10002, between Rutgers and Jefferson Streets, offers a total of 4,694 square feet of commercial space. Currently, the entire space is vacant and available for lease. The property is ideally suited for multiple tenants, with a minimum divisible space of 2,347 square feet and a maximum contiguous space of 2,347 square feet. This presents a unique opportunity for businesses seeking a prominent location in a vibrant New York City neighborhood. The address, 213 Madison Street, provides excellent street visibility and accessibility for customers. The property's location between Rutgers and Jefferson Streets places it within easy reach of significant foot traffic and public transportation. The building's 4,694 square feet offers ample space for a variety of retail concepts, allowing for flexible layouts to accommodate individual tenant needs. This is a rare opportunity to secure a substantial retail presence in a highly desirable area of Manhattan. The property's size and layout make it suitable for a single large tenant or multiple smaller businesses. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy. This prime retail space offers a compelling investment opportunity in a thriving New York City market.

    Property Features for 213 Madison St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,694 SF

    Unit(s) available at that property

    Space
    Ground Space
    Size
    2,347 SF
    Space
    Basement Space
    Size
    2,347 SF

    HighLights

    • Former McDonald's Restaurant.
    • Gas‑vented building.
    • Full‑building opportunity with flagpole.
    • Excellent F train accessibility.
    • High‑traffic location across from 1,814 residential units.
    • Approximately 28‑foot frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    NY Electricians - Elecrical ... Electrical Supply Store McDonald's Fast Food Restaurant AMG Electricians - Elecrical ... Electrical Supply Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.989159370118
    Latitude
    40.712709542574

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    FAQs

    What type of property is this?
    Retail property - Two Retail Spaces, 4,694 SF Total
    Where is this retail property located?
    The property is located at 213 Madison St New York, NY.
    What are key features of this property?
    This property features: Former McDonald's Restaurant.; Gas-vented building.; Full-building opportunity with flagpole.
    Request Owner's contact information
    213 Madison St New York, NY 10002
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    New York, NY 10002
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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
    213 Madison St New York, NY 10002
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