Prime Retail Space on Madison Avenue – 1283 Madison Avenue
Address: 1283 Madison Avenue, New York, NY, 10128
Price: $40,000/month
Square Feet: 850 SF
Type: Retail Space
Property Overview:
Located on prestigious Madison Avenue in the Carnegie Hill neighborhood of the Upper East Side, 1283 Madison Avenue offers 850 SF of premium retail space at a rate befitting this exclusive address. Ideal for luxury boutiques, art galleries, high-end home furnishings showrooms, prestige beauty concept stores, specialty food shops, or professional services catering to an affluent clientele. Situated between East 91st Street and East 92nd Street, this space benefits from one of Manhattan’s most desirable and sophisticated neighborhoods, surrounded by historic architecture, cultural institutions, and some of the city’s wealthiest residents.
Property Overview (continued):
Address: 1283 Madison Avenue, New York, NY, 10128
Price: $40,000/month
Square Feet: 850 SF
Type: Retail Space
Property Overview (continued):
Square Feet: 850 SF
Type: Retail Space
Key Features:
Prime Carnegie Hill / Madison Avenue Location:
- Situated on Madison Avenue in Carnegie Hill — one of the Upper East Side’s most prestigious and coveted neighborhoods, known for its historic brownstones, luxury co-ops, and quiet, tree-lined streets.
- Located between East 91st Street and East 92nd Street, in the heart of Carnegie Hill’s luxury retail corridor.
- Just steps from Central Park (entrance at 90th Street and Fifth Avenue), the Conservatory Garden, and the Engineers’ Gate — attracting daily foot traffic from residents, dog walkers, and park visitors.
- Minutes from Museum Mile, home to the Metropolitan Museum of Art (The Met), Guggenheim Museum, Neue Galerie, Jewish Museum, and Cooper Hewitt Smithsonian Design Museum — drawing millions of cultural visitors annually.
- Surrounded by some of New York City’s most prestigious private schools, including The Spence School, Brearley, Dalton, Chapin, and St. Bernard’s — attracting affluent families with significant spending power.
- Short walk to Fifth Avenue (luxury co-ops), Park Avenue (pre-war elegance), and Lexington Avenue (everyday conveniences).
Intimate & High-End Retail Layout:
- 850 SF of well-proportioned retail space — perfectly sized for a curated luxury boutique, art gallery, or specialty concept store.
- Attractive storefront with excellent street-level visibility on Madison Avenue, one of the world’s premier luxury shopping destinations.
- High ceilings and open floor plan, allowing for elegant merchandising, art displays, or custom millwork befitting a luxury brand.
- Large windows providing abundant natural light and prime window display opportunities facing Madison Avenue’s sophisticated pedestrian traffic.
- Potential for original architectural details such as exposed brick, hardwood floors, or decorative moldings — adding character and authenticity.
- At $47.06 per square foot, this price reflects the premium nature of a Madison Avenue address in Carnegie Hill — competitive for this exclusive corridor.
Excellent Transit Access:
- Moments from the 96th Street subway station (6) on Lexington Avenue, providing direct access to the entire East Side of Manhattan.
- Close to the 86th Street station (4, 5, 6) , 86th Street station (Q) on Second Avenue, and 96th Street station (Q) .
- Multiple bus routes serve Madison Avenue (M1, M2, M3, M4), Fifth Avenue, and Lexington Avenue (M98, M101, M102, M103).
- Short walk to the crosstown M86-SBS bus to Central Park West and the M96 bus.
- Convenient for Carnegie Hill and Upper East Side residents, museum visitors, private school families, and commuters from across the city.
Affluent, Sophisticated & Culturally Engaged Customer Base:
- Carnegie Hill is home to some of New York City’s wealthiest and most influential residents, including finance executives, real estate heirs, philanthropists, celebrities, doctors, lawyers, and old-money families.
- Madison Avenue in Carnegie Hill attracts a discerning, sophisticated shopper who values quality, craftsmanship, exclusivity, and personalized service — and is willing to pay a premium for it.
- The proximity to Museum Mile draws a cultured, affluent international tourist base, including art collectors, museum patrons, and luxury travelers.
- The concentration of elite private schools generates consistent daily foot traffic from parents (many with significant disposable income) and children.
- The neighborhood’s quiet, residential, old-money character makes it ideal for businesses that prioritize discretion, elegance, and a loyal local clientele.
- Ideal for businesses such as:
- Luxury fashion or accessories boutique (apparel, handbags, shoes)
- Contemporary or fine art gallery
- High-end jewelry or watch showroom
- Prestige beauty or fragrance concept store
- Luxury home fragrance or apothecary
- Specialty food, wine, or chocolate shop
- Luxury children’s boutique
- Home furnishings or antique showroom
- Interior design studio (retail-facing)
- Private bank or wealth management office (retail-facing)
- Art appraisal or art advisory service
- High-end florist or gift shop
Highlights:
✔ 850 SF of prime retail space on Madison Avenue in Carnegie Hill
✔ $40,000/month — premium Madison Avenue address at $47.06 per square foot
✔ Attractive storefront with excellent visibility on one of the world’s premier luxury corridors
✔ Steps from Central Park and Museum Mile (The Met, Guggenheim, Neue Galerie)
✔ High ceilings and open floor plan for elegant luxury merchandising
✔ Surrounded by historic brownstones, luxury co-ops, and elite private schools
✔ Affluent, sophisticated, old-money local customer base plus cultured international tourists
✔ Excellent transit access — 4, 5, 6, Q trains and multiple bus routes
Conclusion:
1283 Madison Avenue offers a rare and exceptional opportunity for luxury brands and prestige retailers seeking an intimate, high-visibility retail presence on one of the world’s most coveted shopping addresses. With 850 SF of elegant, flexible space, a prime Carnegie Hill location steps from Central Park and Museum Mile, and access to an ultra-affluent, sophisticated, and loyal customer base of residents, museum patrons, and private school families, this property is perfect for luxury boutiques, art galleries, jewelry showrooms, prestige beauty concept stores, or specialty food shops looking to establish a distinguished presence on Madison Avenue in one of Manhattan’s most exclusive neighborhoods.
Contact us today to schedule a private tour and secure this premier Carnegie Hill retail space!