Madison Avenue Survey - March 2021
MADISON AVENUE RETAIL SPACE OVERVIEW – RECENT TRANSACTIONS
814 Madison Avenue | Between 68 th and 69 th Streets Southwest Cor er of 59 th Street 620 i
PREMISES
SF
ASK $/SF
ANNUAL RENT
Ground
5,800 1,800 7,600
$862
Lower Level
Total
$5,000,000
COMPLETED
LEASE TYPE
TENANT
Q3 2018
Direct – 15 Years
Balenciaga
NOTES - Free rent: 10 months - Substantial TI package
655 Madison Avenue | Between 60 th and 61 st Streets
PREMISES
SF
ASK $/SF
ANNUAL RENT
Ground
1,156
$1,176
Lower Level
500
Total
1,656
$1,360,000
COMPLETED
LEASE TYPE
TENANT
Q3 2018
Direct – 10 Years
Schutz
NOTES - Renewal
783 Madison Avenue | Between 66 th and 67 th Streets
PREMISES
SF
ASK $/SF
ANNUAL RENT
Ground Second
1,342
$1,017
500
Lower Level
1,200 3,042
Total
$1,365,000
COMPLETED
LEASE TYPE
TENANT Vhernier
Q3 2018
Direct – 10 Years
NOTES - Free rent: 6 months
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.
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