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    963 Madison Ave New York, NY 10021

    For Lease
    Contact for pricing

    900 SF Move-In Ready Boutique Space

    Lot size:
    900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 900-square-foot retail space is ideally located at 963 Madison Avenue in New York, NY 10021, within New York County. The property offers a single-tenant occupancy in a prime location, perfect for a discerning business seeking high visibility and foot traffic. The space is entirely vacant and ready for immediate occupancy, eliminating any wait time for renovations or tenant turnover. Its location on prestigious Madison Avenue places it in close proximity to luxury hotels like the Carlyle and Mark, ensuring exposure to a high-end clientele. The building itself is a commercial property, offering a sophisticated setting for any retail venture. The address, 963 Madison Avenue, provides an unparalleled address for branding and marketing purposes. This is a unique opportunity to establish a presence in one of New York City's most coveted retail corridors. The property's 900 square feet provide ample space for a variety of retail concepts, from high-end boutiques to specialized service providers. The move-in ready condition allows for immediate business commencement, minimizing start-up delays and maximizing revenue potential. This location offers unparalleled access to a wealthy and discerning customer base, making it an ideal investment for businesses seeking significant growth and brand elevation. The property is easily accessible via various transportation options, further enhancing its appeal to both businesses and customers.

    Property Features for 963 Madison Ave

    General Information

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

    Unit(s) available at that property

    Space
    Available Space
    Size
    900 SF

    HighLights

    • Luxury boutique office space, move‑in ready, on prime Madison Avenue.
    • Exceptional Madison Avenue location, proximate to The Carlyle and Mark Hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gianvito Rossi Shoe Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.9635996
    Latitude
    40.7738872

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    FAQs

    What type of property is this?
    Retail property - 900 SF Move-In Ready Boutique Space
    Where is this retail property located?
    The property is located at 963 Madison Ave New York, NY.
    What are key features of this property?
    This property features: Luxury boutique office space, move-in ready, on prime Madison Avenue.; Exceptional Madison Avenue location, proximate to The Carlyle and Mark Hotels.;
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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
    963 Madison Ave New York, NY 10021
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