This space provides a rare mid-size format on Madison Avenue, balancing scale for branding with a competitive rent level compared to larger flagship stores in the corridor.

Key Features

• Total Size: 1,600 SF
• Asking Rent: $40,000/month ($480,000 annually)
• Price per SF: ~$300 annually
• Frontage: Madison Avenue exposure with signage opportunities
• Use Flexibility: Luxury retail, showroom, gallery, boutique flagship
• Condition: Available for immediate build-out

Market Profile

• Target Tenants: High-fashion retailers, jewelers, luxury home brands, art galleries, or upscale lifestyle concepts
• Neighborhood Demand: Madison Avenue is one of the top global luxury retail corridors, anchored by Chanel, Hermès, Dior, and other elite brands
• Competitive Advantage: At $300/SF, this property is attractively priced relative to typical Madison Avenue rents, which often exceed $400–$600/SF

Financial Highlights

• Monthly Rent: $40,000
• Annual Rent: $480,000
• Price per SF: ~$300 annually
• Lease Terms: Negotiable (long-term flagship preferred)
• Upside Potential: Strong brand alignment opportunity on one of the world’s most exclusive shopping streets

Location Advantages

• Neighborhood: Upper East Side – Madison Avenue Gold Coast (70s block range)
• Proximity: Central Park, The Met, luxury residences, and high-net-worth clientele
• Accessibility: 6 and Q subway lines, crosstown buses, and pedestrian-friendly retail corridor
• Foot Traffic: Consistent affluent shoppers, residents, and international luxury clientele

Summary

The 1,600 sq. ft. space at 929 Madison Avenue is a prime luxury retail opportunity at $40,000/month (~$300/SF annually). Its prestigious Upper East Side location and balance of size and cost make it ideal for luxury brands, jewelers, or galleries seeking long-term positioning on Madison Avenue’s exclusive corridor.