Madison Avenue Survey - March 2021

MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS

625 Madison Avenue | Southeast Corner of 59 th Street is v | Between 68 th and 69 th Streets 817

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

3,002 1,089 4,091

$428

Lower Level

Total

$1,200,000

COMPLETED

LEASE TYPE

TENANT

Q4 2019

2 years-

Naftali Realty SalesOffice

Through June 2022

NOTES - PreviouslyDiesel

824 Madison Avenue | Southwest Corner of 71 st Street

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

355 955

$463

Second Floor

Total

1.310

$164,365

COMPLETED

LEASE TYPE

TENANT Paintbox

Q4 2019

Direct – 10 years

NOTES - 2 nd floor= $125 PSF - 4 months free

841 Madison Avenue | Southeast Corner of 70 th Street

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

3,100 4,500 4,500 4,500 3,100

$447

Second Floor Third Floor Fourth Floor Lower Level

Total

19,700

$2,400,000

COMPLETED

LEASE TYPE

TENANT

Q4 2019

Renewal

Prada

NOTES - 2% increases - Taxes $1.6M per annum

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.