Madison Avenue Survey - March 2021

MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS

595 Madison Avenue | Between Park and Madison Avenues

PREMISES

SF

ASK $/SF

ANNUAL RENT

$950

Ground

2,757 2,757

Total

$2,619,150

COMPLETED

LEASE TYPE

TENANT

Q1 2020

Direct

Berluti

NOTES - 10 year term - $1,200 PSF, $3,308,400 PA - Previously part of Prada

717 Madison Avenue | Between Madison and 5 th Avenue

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground- Unit A 1,740

$600 (approx.)

2 nd Floor

596 600

Lower Level

Total

2,936

Ground- Unit B 1,867

$600 (approx.)

2 nd Floor

1,460

Lower Level

735

Total

4,062

$2,164,200

COMPLETED

LEASE TYPE

TENANT

Q4 2019

Direct – 10 years

ManoloBlahnik

NOTES - Previously Devi Kroell and Hueb - One year free rent - $500,000 tenant improvement allowance

595 Madison Avenue | Northeast Corner of 57 th Street

PREMISES Ground 2 nd Floor

SF

ASK $/SF

ANNUAL RENT

3,146 3,582

Lower Level 2,991 Sub Lower Level 1,744 Total 11.463

TBD

COMPLETED

LEASE TYPE

TENANT

Q4 2019

TBD

Fendi

NOTES - Previously Coach

No warranty or representation,express or implied, is made as to the accuracyof the information containedherein, and same is submittedsubject to errors, omissions,change of price, rental or other conditions.