Commercial Lease – 793 Madison Avenue, New York, NY 10021
Asking Rent: $120,000/Month
Size: 2,027 SF
Lease Type: Retail
Property Type: Ground-Floor Retail / Flagship Opportunity
Location: Upper East Side / Madison Avenue Luxury Corridor (10021)
Availability: Immediate
Property Overview
793 Madison Avenue offers a 2,027 SF flagship-quality retail space in the heart of the Upper East Side’s luxury shopping corridor. Surrounded by premier fashion houses, jewelers, galleries, and high-end lifestyle brands, this property provides unmatched visibility, prestige, and brand alignment opportunities.
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The storefront’s scale and configuration are well-suited for luxury retail, boutique fashion, gallery, or experiential concept tenants seeking to position themselves within Manhattan’s most established luxury destination.
Key Features
- Total Size: ≈2,027 SF
- Asking Rent: $120,000/Month
- Annualized Rent: ≈$1,440,000
- Effective Rent per SF: ≈$710/SF annually
- Frontage: Prime Madison Avenue exposure with excellent branding and signage potential
- Configuration: Efficient retail floorplan adaptable for flagship boutique, showroom, or gallery use
- Building: Boutique luxury property with strong co-tenancy profile along Madison Avenue’s core stretch
Lease & Terms
- Base Rent: $120,000/Month (~$710/SF/YR)
- Term: Negotiable (long-term flagship preferred)
- Availability: Immediate / By agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE taxes, and obligations typical for retail leases
Market Profile
- Location Advantage: Situated in the prime Madison Avenue luxury corridor between 66th and 70th Streets, home to flagship boutiques, high jewelry, and world-class retail brands.
- Transit Access: Easy access to 68th Street–Hunter College (6), 72nd Street (Q), and crosstown bus routes.
- Neighborhood Demand: Extremely strong from luxury fashion, accessories, fine jewelry, art galleries, and lifestyle brands.
- Competitive Advantage: A rare sub-2,100 SF Madison Avenue retail space with flagship-level visibility and prestige.
Summary
The 2,027 SF retail space at 793 Madison Avenue, New York, NY 10021 is offered at $120,000/Month (~$710/SF annually). With its prime Madison Avenue positioning, boutique flagship scale, and exceptional branding potential, this property presents a premier opportunity for luxury retailers seeking Upper East Side presence.
