Madison Avenue Survey - March 2021

MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS

650 Madison Avenue | 60 th Street Between Madison and 5 th Avenue

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

1,202 1,202

$240

Total

$288,000

COMPLETED

LEASE TYPE

TENANT

Q4 2019

Direct – 10 years

Domenico Vacca

NOTES - Previously Crate and Barrel - Free rent = 3 months - No TI

650 Madison Avenue | 59 th Street Between Madison and 5 th Avenue

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

2,500 2,500

$300

Total

$750,000

COMPLETED

LEASE TYPE

TENANT

Q4 2019

TBD

Bathing Ape (BAPE)

NOTES - Previously Crate & Barrel - Free Rent= 6 months - No TI - Frontage on 59 th Street

610 Madison Avenue | Between 58 th and 59 th Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

7,500 7,500

$750

Total

$5,625,000

COMPLETED

LEASE TYPE

TENANT

Q4 2019

Renewal - 15 years

Chase

NOTES - No TI

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.