Retail

This stretch serves an affluent residential population from nearby Park Avenue, Fifth Avenue, and luxury cooperatives and condominiums. The corridor also attracts destination shoppers and tourists seeking upscale retail experiences.

Madison Avenue offers brand prestige and long-term retail stability, particularly for premium and curated concepts.

Space & Business Potential

This approximately 1,920-square-foot retail space is well-suited for high-end, boutique, or showroom-style retail operations.

Ideal uses include:

• Luxury fashion or accessories boutique
• Jewelry or fine goods showroom
• Art gallery
• High-end beauty or wellness retail
• Designer home décor or specialty concept

Key advantages:

• Prime Madison Avenue address
• Strong branding and prestige value
• Affluent, repeat local clientele
• Elegant streetscape and curated retail environment
• Solid footprint for luxury merchandising layout

Financial Overview

• Asking Rent: $45,000/month
• Annual Rent: $540,000/year
• Size: 1,920 ft²
• Estimated Rent per Square Foot: ~$281/ft² annually

Neighborhood Highlights

Nearby demand drivers include:

• Park Avenue and Fifth Avenue luxury residences
• The Metropolitan Museum of Art (nearby)
• Central Park access
• High-income Upper East Side residents
• Established global luxury brand presence

Madison Avenue is a destination retail corridor with long-term brand value.

Transportation

Convenient access via:

• 4 / 5 / 6 trains (86th Street – Lexington Avenue)
• Q train (86th Street – Second Avenue)
• Multiple bus routes along Madison, Fifth, and Lexington Avenues

Summary

1020 Madison Avenue offers a 1,920 ft² luxury retail opportunity at $45,000/month (~$281/ft² annually) in one of Manhattan’s most prestigious shopping corridors. This location is ideal for boutique luxury brands, galleries, and high-end concepts seeking a refined Upper East Side presence with strong brand positioning and affluent clientele.