The 5-story mixed-use building was constructed in 1900 and is classified as a “Predominant Retail with Other Uses” (K4) property. Spanning 9,302 square feet, it comprises two retail units, one office unit, two gallery units, and six residential units . The building recently changed hands for $17.5 million, a testament to the enduring confidence in Madison Avenue’s retail recovery .
The property offers a versatile footprint that can be adapted for a luxury boutique, showroom, or concept store. Its position on the block between East 69th and East 70th Streets places it among one of the highest concentration of luxury flagship stores in the world.
Key Features
- Asking Rent: $90,000 / month
- Available Space: 1,350 SF
- Property Type: Ground-Floor Retail / Commercial Space
- Lease Type: Direct Lease
- Building Class: K4 (Predominant Retail with Other Uses)
- Year Built: 1900
- Stories: 5 Stories
- Frontage: Premier street-level exposure on Madison Avenue
- Neighborhood Highlights: Located in Lenox Hill, surrounded by Cartier, Prada, Chloé, Valentino, and Dolce & Gabbana
Neighborhood Highlights
Located in the prestigious Lenox Hill neighborhood, 833 Madison Avenue places your business at the epicenter of Manhattan’s luxury retail corridor. The stretch of Madison Avenue between 57th and 72nd Streets is a globally recognized destination for high-end fashion and retail, commanding some of the highest rents in the city . It is characterized as a destination for legacy luxury brands, offering an environment of prestige and exclusivity .
The immediate area is surrounded by some of the world’s most elite retailers. Neighboring tenants at this specific address have included luxury brands such as Valextra, Mackintosh, and Eton Shirts, while the wider block boasts flagships for Cartier, Prada, Chloé, Lanvin, Asprey, Valentino, Max Mara, and Belstaff . This concentration of luxury shopping draws a discerning, high-net-worth customer base of local residents, elite private school families (The Spence School, Brearley, Dalton, Chapin), and cultured international tourists .
The property benefits from excellent transportation access, with the 68th Street–Hunter College station (6 train) just 0.18 miles away, and the 59th Street station (N, R, W) and 72nd Street station (Q) all within a short walk . The building is also within a short drive of LaGuardia Airport .
Summary
The 1,350 SF retail storefront at 833 Madison Avenue, New York, NY 10021, is available for $90,000 per month under a direct lease. With its iconic Upper East Side address, location among the world’s most prestigious luxury flagships, and prime position on one of the world’s most coveted retail corridors, this property represents a rare opportunity for a luxury brand to establish a distinguished presence in the heart of Manhattan’s retail elite.
