Commercial Property for Lease – 1045 Madison Avenue, New York, NY 10075

Asking Rent: $60,000 / Month
Size: 2,101 SF
Price per SF: ~$342 / SF annually
Property Type: Luxury Retail / Showroom / Boutique Flagship
Location: Upper East Side – Madison Avenue Luxury Corridor
Availability: Immediate

Property Overview

1045 Madison Avenue presents a 2,101 sq. ft. luxury retail space in Manhattan’s exclusive Upper East Side Madison Avenue corridor, between 79th and 80th Streets. This stretch of Madison Avenue is one of the most prestigious global luxury retail destinations, home to high-end fashion houses, jewelers, and art galleries.

With its broad frontage, elegant building character, and strong visibility, the property is ideal for luxury retailers, galleries, or flagship boutiques targeting an elite clientele.

Key Features

• Total Size: 2,101 SF
• Asking Rent: $60,000/month ($720,000 annually)
• Price per SF: ~$342 annually
• Frontage: Prime Madison Avenue exposure
• Use Flexibility: Luxury retail, flagship showroom, gallery, or jewelry/lifestyle boutique
• Condition: Immediate availability for tenant customization

Market Profile

• Target Tenants: High-fashion brands, jewelers, art galleries, luxury home décor, or lifestyle boutiques
• Neighborhood Demand: Madison Avenue between 72nd–86th Streets is known as NYC’s “Gold Coast” of luxury retail, attracting both affluent residents and global tourists
• Competitive Advantage: At ~$342/SF, this property is competitively priced compared to many Madison Avenue peers which regularly command $400–$600+/SF

Financial Highlights

• Monthly Rent: $60,000
• Annual Rent: $720,000
• Price per SF: ~$342 annually
• Lease Terms: Long-term flagship lease preferred
• Upside Potential: High-visibility Madison Avenue frontage with direct access to one of the world’s most affluent retail markets

Location Advantages

• Neighborhood: Upper East Side – Madison Avenue luxury corridor (10075 zip, Carnegie Hill section)
• Proximity: Near The Met, Central Park, luxury residences, and cultural landmarks
• Accessibility: 6 train, Q line, crosstown buses, and pedestrian-friendly retail corridor
• Foot Traffic: Steady luxury shoppers, local affluent residents, and international clientele

Summary

The 2,101 sq. ft. retail space at 1045 Madison Avenue offers a prime luxury leasing opportunity on Manhattan’s Upper East Side. At $60,000/month (~$342/SF annually), the property combines prestige, scale, and visibility, making it ideal for luxury retailers, galleries, or jewelers seeking a long-term flagship presence on Madison Avenue’s world-class corridor.