Commercial Property for Lease – 1222–1226 Madison Avenue, New York, NY 10128
Asking Rent: $60,000 / Month
Size: 2,000 SF
Price per SF: ~$360 / SF annually
Property Type: Luxury Retail / Gallery / Boutique Flagship
Location: Upper East Side – Madison Avenue (Carnegie Hill)
Availability: Immediate
Property Overview
1222–1226 Madison Avenue offers 2,000 sq. ft. of premium retail space in Manhattan’s prestigious Carnegie Hill section of the Upper East Side. With a broad Madison Avenue frontage and prime positioning near cultural institutions and high-net-worth residences, the property is ideal for luxury retail, galleries, or specialty boutiques seeking a larger-format flagship presence.
Read More
This property provides a balance of scale, visibility, and prestige in one of the world’s top luxury retail corridors, making it highly attractive for both global brands and upscale niche operators.
Key Features
- Total Size: 2,000 SF
- Asking Rent: $60,000/month ($720,000 annually)
- Price per SF: ~$360 annually
- Frontage: Prominent Madison Avenue exposure with signage opportunities
- Use Flexibility: Luxury retail, gallery, flagship boutique, or specialty showroom
- Condition: Immediate availability for tenant build-out
Market Profile
- Target Tenants: Fashion houses, jewelers, art galleries, luxury home décor, or lifestyle boutiques
- Neighborhood Demand: Madison Avenue’s Carnegie Hill submarket draws affluent Upper East Side residents, museum visitors, and international shoppers
- Competitive Advantage: Larger format than most boutique spaces on Madison Avenue, making it more suitable for flagship retail tenants
Financial Highlights
- Monthly Rent: $60,000
- Annual Rent: $720,000
- Price per SF: ~$360 annually
- Lease Terms: Negotiable (long-term preferred)
- Upside Potential: Rare availability of 2,000 SF contiguous space in Carnegie Hill, ideal for anchor luxury tenants
Location Advantages
- Neighborhood: Upper East Side – Madison Avenue (Carnegie Hill)
- Proximity: Near The Met, Guggenheim, Central Park, luxury residential towers, and cultural landmarks
- Accessibility: Close to 4/5/6 and Q subway lines, crosstown buses, and pedestrian-friendly corridor
- Foot Traffic: Strong daily mix of affluent residents, museum-goers, and international luxury shoppers
Summary
The 2,000 sq. ft. space at 1222–1226 Madison Avenue represents a rare flagship opportunity in the Upper East Side’s Carnegie Hill. At $60,000/month (~$360/SF annually), the property offers prestige, scale, and visibility in one of the world’s most exclusive luxury retail corridors, making it ideal for global luxury retailers, galleries, or high-end lifestyle boutiques.
