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    929 Madison Ave New York, NY 10021

    For Lease
    Contact for pricing

    Prime NYC Retail Space: 3 Units Available

    Lot size:
    4,310 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    929 Madison Avenue presents a unique opportunity to lease exceptional retail space in Manhattan's coveted Upper East Side. This three-story building, totaling 4,310 square feet, offers three available units, each providing a distinct retail experience. Currently, the entire 4,310 square feet is vacant, allowing for a single tenant to occupy the entire building or for multiple tenants to occupy individual units. Individual spaces range from a minimum of 1,250 square feet to a maximum contiguous space of 1,600 square feet. The building's prime location between 73rd and 74th Streets places it within the highly desirable 70s corridor of Madison Avenue, surrounded by world-renowned retailers and catering to an affluent clientele of residents and tourists. The ground and second floors benefit from abundant natural light facing Madison Avenue, creating a bright and inviting atmosphere. A striking feature is the dramatic two-level space at the rear of the ground floor, highlighted by a large skylight, offering unique architectural possibilities. The building's prestigious co-tenancy further enhances its appeal, aligning it with the most luxurious global brands and cultural institutions in the area. This exceptional property offers unparalleled visibility and access to a high-spending demographic, making it an ideal location for discerning businesses seeking a prominent presence on one of New York City's most exclusive avenues. The property is located in New York County, NY, 10021.

    Property Features for 929 Madison Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,310 SF

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Second Floor
    Size
    1,250 SF
    Space
    Lower Level
    Size
    1,460 SF
    Space
    Ground Floor
    Size
    1,600 SF

    HighLights

    • Exceptional 4,310 SF retail space available for lease on Madison Avenue's Upper East Side.
    • Three units available, ranging from 1,250 SF to 1,600 SF contiguous.
    • Ground and second floors offer abundant natural light and Madison Avenue frontage.
    • Dramatic two‑story rear space on the ground floor features a large skylight.
    • Building includes an internal staircase and private elevator.
    • Optional 1,000 SF third floor space available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    clare potter: ceramics Artist Stella McCartney New ... Women'S Clothing Store

    Suggested Use

    Restaurant Law Firm 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
    -73.964336
    Latitude
    40.772848

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    FAQs

    What type of property is this?
    Individual retail property - Prime NYC Retail Space: 3 Units Available
    Where is this individual retail property located?
    The property is located at 929 Madison Ave New York, NY.
    What are key features of this property?
    This property features: Exceptional 4,310 SF retail space available for lease on Madison Avenue's Upper East Side.; Three units available, ranging from 1,250 SF to 1,600 SF contiguous.; Ground and second floors offer abundant natural light and Madison Avenue frontage.
    Request Owner's contact information
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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
    929 Madison Ave New York, NY 10021
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