Madison Avenue Survey - March 2021

MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS

812 Madison Avenue | Southwest Corner of 68 th Street

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

850 350

$774

Lower Level

Total

1,200

$618,750

COMPLETED

LEASE TYPE

TENANT

Q3 2019

Direct- 10 years

Oliver Peoples

NOTES - Free Rent= 3 months

635 Madison Avenue | North East Corner of 59 th Street

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

2,753 1,967 4,720

$762

Lower Level

$2,100,000

Total

COMPLETED

LEASE TYPE

TENANT

Q3 2019

10 years

Montblanc

NOTES - Currently Moschino pop up - Free rent= 5 months - TI= $925,000

645 Madison Avenue | Between 59 th and 60 th Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

1,200 1,200

$1,000

Total

$1,200,000

COMPLETED

LEASE TYPE

TENANT Byredo

Q3 2019

10 Years

NOTES - Free rent: 12 months - TI 1 year rent

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.