Commercial Property for Lease – 918–922 Madison Avenue, New York, NY 10021

Asking Rent: $15,000 / Month
Size: 288 SF
Price per SF: ~$625 / SF annually
Property Type: Boutique Retail / Gallery / Specialty Tenant
Location: Upper East Side – Madison Avenue (Gold Coast)
Availability: Immediate

Property Overview

918–922 Madison Avenue offers a 288 sq. ft. boutique retail space in the heart of Manhattan’s Upper East Side luxury corridor. Positioned along Madison Avenue between 72nd and 73rd Streets, this property provides prestigious frontage in one of the world’s most exclusive shopping districts.

This compact unit is ideal for luxury retail brands, art galleries, jewelry, high-end services, or specialty concept shops seeking Madison Avenue prestige at an accessible monthly rent.

Key Features

• Total Size: 288 SF
• Asking Rent: $15,000/month ($180,000 annually)
• Price per SF: ~$625 annually
• Frontage: Madison Avenue exposure with luxury branding opportunities
• Use Flexibility: Boutique retail, art gallery, jewelry, luxury services, specialty shop
• Condition: Move-in ready, customizable for tenant build-out

Market Profile

• Target Tenants: Luxury retailers, jewelers, art galleries, high-fashion pop-ups, or concierge services
• Neighborhood Demand: Madison Avenue’s Upper East Side corridor is home to global luxury brands (Chanel, Hermes, Valentino, etc.) and continues to command among the highest retail rents worldwide
• Competitive Advantage: Rare opportunity to secure a Madison Avenue address with manageable total rent despite high $/SF

Financial Highlights

• Monthly Rent: $15,000
• Annual Rent: $180,000
• Price per SF: ~$625 annually
• Lease Terms: Direct lease, flexible for boutique luxury tenants
• Upside Potential: Exceptional branding and exposure in NYC’s most exclusive luxury retail corridor

Location Advantages

• Neighborhood: Upper East Side – Madison Avenue “Gold Coast”
• Proximity: Central Park, The Met, luxury residential towers, and high-net-worth clientele
• Accessibility: Close to 6 and Q subway lines, crosstown buses, and major avenues
• Foot Traffic: Consistent luxury shoppers, affluent residents, international visitors

Summary

The 288 sq. ft. boutique retail unit at 918–922 Madison Avenue provides a rare small-format opportunity on one of the world’s premier luxury retail streets. At $15,000/month (~$625/SF annually), it offers prestige, visibility, and branding power for luxury tenants or specialty retailers targeting the Upper East Side’s affluent market.