Madison Avenue Survey - March 2021

MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS

667 Madison Avenue | Between 60 th and 61 st Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

2,726 2,436 5,162

$440

Lower Level

Total

$1,200,000

COMPLETED

LEASE TYPE

TENANT

Q1 2019

Sublease – 1/31/2023

Mark Cross

NOTES - Term 5 Years

680 Madison Avenue | Between 61 st and 62 nd Streets

PREMISES

SF

ASK $/SF

ANNUAL RENT

Ground

900 300

$1,027

Lower Level

Total

1,200

$925,000

COMPLETED

LEASE TYPE

TENANT

Q1 2019

Direct 10 Years

Sergio Rossi

NOTES - Free rent: 9 months - TI: $550,000 - Termination right in year 3

706 Madison Avenue | Between 62 nd and 63 rd Streets PREMISES SF ASK $/SF ANNUAL RENT Ground 7,416 Second 6,595 Third 7,002 Fourth 6,427 Fifth 2,308 Lower Level 8,813 Vault 7,899 Total 46,505 $15,500,000

COMPLETED

LEASE TYPE

TENANT Hermes

Q1 2019

Direct – 20 Years

NOTES - Will take possession in January 2020

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.