This small-format space allows emerging brands or established names to establish a presence on one of the world’s most exclusive retail corridors without committing to a large flagship footprint.

Key Features

• Total Size: 395 SF
• Asking Rent: $15,000/month ($180,000 annually)
• Price per SF: ~$456 annually
• Frontage: Madison Avenue exposure with strong visibility
• Use Flexibility: Boutique retail, jewelry, gallery, specialty shop, or luxury services
• Condition: Turn-key, immediate availability

Market Profile

• Target Tenants: Jewelers, art galleries, luxury fashion accessories, niche lifestyle boutiques
• Neighborhood Demand: Madison Avenue’s Carnegie Hill section is surrounded by high-net-worth residents, cultural institutions, and global shoppers
• Competitive Advantage: Affordable total rent compared to flagship spaces while still offering prestige branding power

Financial Highlights

• Monthly Rent: $15,000
• Annual Rent: $180,000
• Price per SF: ~$456 annually
• Lease Terms: Direct lease, flexible for boutique tenants
• Upside Potential: Rare chance for small-format luxury tenants to secure a Madison Avenue identity

Location Advantages

• Neighborhood: Upper East Side – Carnegie Hill (Madison Avenue luxury corridor)
• Proximity: Near The Met, Central Park, Guggenheim Museum, and luxury residences
• Accessibility: 4/5/6 and Q subway lines nearby, plus crosstown buses
• Foot Traffic: Consistent affluent residents, museum visitors, and luxury shoppers

Summary

The 395 sq. ft. space at 1190–1200 Madison Avenue is a prime boutique retail opportunity in the Upper East Side’s Carnegie Hill. At $15,000/month (~$456/SF annually), it delivers prestige Madison Avenue frontage at an accessible rent level, making it ideal for luxury boutiques, jewelers, or galleries seeking long-term visibility in one of NYC’s most exclusive shopping districts.