Retail

Retail Space for Lease – 534 Madison Avenue

Address: 534 Madison Avenue, New York, NY, 10022
Price: $27,000/month
Square Feet: 2,000 SF
Type: Retail Space

Property Overview:

Located on Madison Avenue in the heart of the Plaza District — one of Manhattan’s most prestigious, exclusive, and sought-after retail corridors — 534 Madison Avenue offers 2,000 SF of prime retail space at a competitive price point. The building is a pre-war five-story mixed-use property originally constructed in 1910, featuring 4 residential units and 1 commercial space. This space is situated in the epicenter of New York City’s luxury shopping scene, surrounded by world-renowned designer boutiques, flagship stores, and elite corporate headquarters. Ideal for luxury retailers, jewelry showrooms, fashion boutiques, beauty concepts, or high-end service providers seeking a marquee Madison Avenue address.

Key Features:

Prime Madison Avenue / Plaza District Location:

• Situated on Madison Avenue between East 54th and 55th Streets — in the heart of the Plaza District, the epicenter of Manhattan’s luxury retail corridor and one of the world’s most prestigious shopping destinations
• Located on a premier shopping corridor surrounded by global luxury brands including Dior, Fendi, Rolex, Bucherer, Breitling, Ferrari, Aston Martin, and many others
• Steps from Fifth Avenue, Central Park, and elite hotels including the St. Regis, Four Seasons, and Omni Berkshire
• Minutes from Rockefeller Center, Columbus Circle, and the city’s most exclusive residential and commercial towers
• Short walk to East 57th Street — one of the world’s highest-rent retail corridors, commanding annual rents of up to $700 per square foot

High-Traffic, Affluent Neighborhood:

• Madison Avenue is the quieter, more refined counterpart to Fifth Avenue, attracting a mature, well-heeled crowd of Gen Xers and Boomers who appreciate the finer things in life
• Surrounded by the highest concentration of well-compensated office workers in New York City, ensuring steady daytime traffic from corporate executives and professionals
• Home to prestigious designer boutiques, art galleries, and antique shops, making it a haven for niche luxury and artisanal craftsmanship
• Annual rents on Madison Avenue command premium pricing — currently $546 to $625 per square foot, reflecting the corridor’s elite status and demand
• The avenue’s landlord base consists of established, old-money real estate firms who maintain the area’s affluent atmosphere with stringent tenant criteria

Well-Proportioned Retail Layout – 2,000 SF:

• 2,000 SF of prime ground-floor retail space — ideally sized for a flagship boutique, showroom, gallery, or luxury concept store
• Building’s commercial space totals approximately 1,533 SF of retail area within the 7,665 SF total building square footage
• Attractive storefront with strong visibility on Madison Avenue — a globally recognized shopping destination
• Excellent street-level presence and branding potential in a corridor known for its iconic, high-end storefronts
• Building features a classic pre-war architectural character consistent with the neighborhood’s historic, elegant aesthetic
• At $13.50 per square foot, this represents a compelling value for retail space on Madison Avenue, one of the world’s most prestigious retail addresses

Exceptional Transit Access:

• Moments from the 59th Street station (N, Q, R, W) on Fifth Avenue, providing direct connections to Midtown, Union Square, Downtown, and Brooklyn
• Close to the 57th Street station (F) and Lexington Avenue/59th Street station (4, 5, 6)
• Nearby Grand Central Terminal (4, 5, 6, 7, S) and Penn Station (1, 2, 3, A, C, E) provide LIRR, NJ Transit, and Amtrak connections
• Multiple bus routes serve Madison Avenue, Fifth Avenue, and 57th Street
• Convenient for commuters from New Jersey (via PATH at 33rd Street), Brooklyn, Queens, and all parts of Manhattan

Diverse, High-Net-Worth Customer Base:

• Affluent shoppers — Madison Avenue attracts a global, high-net-worth clientele seeking luxury fashion, jewelry, and art
• Office professionals — thousands of daily workers in the area’s elite corporate headquarters, financial services, and professional firms
• Residents — a dense, ultra-affluent residential population in the Plaza District, Upper East Side, and Midtown East
• Tourists — international visitors flock to Madison Avenue for its world-class designer boutiques and iconic status
• Hotel guests — the area is home to some of Manhattan’s finest hotels, including the St. Regis, Four Seasons, and Omni Berkshire

Ideal for businesses such as:

• Luxury fashion or accessories boutique
• Jewelry or watch showroom
• Art gallery or fine art dealer
• Beauty or skincare concept
• High-end fragrance or cosmetics
• Designer eyewear or accessories
• Luxury home goods or furnishings
• Financial services or wealth management boutique
• Exclusive concierge or private club

Highlights:

✔ 2,000 SF of prime retail space on Madison Avenue in the Plaza District
✔ $27,000/month — compelling value at $13.50 per square foot
✔ Prestigious address surrounded by Dior, Fendi, Rolex, Breitling, and other global luxury brands
✔ Steps from Fifth Avenue, Central Park, and East 57th Street
✔ Historic pre-war building with classic New York character
✔ Strong, affluent foot traffic — professionals, residents, tourists, and high-net-worth shoppers
✔ Exceptional transit access — N, Q, R, W, F, 4, 5, 6 trains plus multiple bus routes
✔ Madison Avenue commands rents of $546-$625 per square foot, positioning this space as an exceptional value at $13.50/SF
✔ Occupancy rate of 95% on Madison Avenue, reflecting the corridor’s desirability and tenant demand
✔ Surrounded by world-class dining, shopping, and cultural landmarks

Conclusion:

534 Madison Avenue offers a rare opportunity for retailers and entrepreneurs seeking a prestigious, globally recognized address in the heart of Manhattan’s luxury retail corridor. With 2,000 SF of prime retail space, a marquee Madison Avenue location surrounded by the world’s most coveted luxury brands — including Dior, Fendi, Rolex, and Breitling — and access to a high-net-worth customer base of affluent shoppers, corporate professionals, and international tourists, this property is perfect for luxury boutiques, jewelry showrooms, art galleries, or high-end service providers looking to establish a flagship presence in a neighborhood synonymous with sophistication, prestige, and exclusivity — all at a remarkable value of $13.50 per square foot.

Contact us today to schedule a private tour and secure this prime Madison Avenue retail space!