Madison Avenue Survey - March 2021

MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS

818 Madison Avenue | Between 68 th and 69 th Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground Second

1,416 1,589 1,260 4,265

Basement

Total

$1,000,000

COMPLETED

LEASE TYPE

TENANT

Q2 2019

Direct

Monique Lhuillier

NOTES - Previously Jil Sander - Ground $650 PSF, Second $50 PSF

870 Madison Avenue | Between 61 st and 62 nd Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

1,900 1,900 1,900 5,700

Lower Level

Sub LL

Total

$70,000

COMPLETED

LEASE TYPE

TENANT

Q2 2019

Direct- 8 months

The RealReal

NOTES - $1.8mm per annum if they stay permanent

601 Madison Avenue | Between 57 th and 58 th Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground Second

4,226 4,270 4,860

$233 $107

Lower Level

Total

13,356

$1,400,000

COMPLETED

LEASE TYPE

TENANT Tourneau

Q1 2019

Direct

NOTES - Short term deal - Term through 12/2021

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.