Prime Retail Space on Madison Avenue – 650 Madison Avenue
Address: 650 Madison Avenue, New York, NY, 10022
Price: $80,000/month
Lease Type: Commercial Lease
Type: Retail Space
Location: Urban
Square Feet: 4,666 SF
Building Class: A
Market Segment: Luxury Retail, Flagship Store, Boutique, Showroom
Property Overview:
Situated on Madison Avenue’s luxury corridor between 59th and 60th Streets, 650 Madison Avenue offers a prestigious retail space in one of Manhattan’s most coveted shopping districts. This high-traffic location benefits from proximity to Midtown’s business district, the Upper East Side’s residential neighborhood, and affluent international shoppers seeking luxury brands. The building is home to esteemed retailers such as Celine, Moncler, Balmain, Bape, and Tod’s.
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Key Features:
Prime Madison Avenue Location:
- Luxury Corridor: Located between 59th and 60th Streets on Madison Avenue, amidst renowned luxury retailers including Apple, Cartier, Baccarat, Tom Ford, Hermes, Bergdorf Goodman, Bloomingdale’s, Bulgari, Brioni, Burberry, Givenchy, Fendi, and Chanel.
- High Foot Traffic: The area attracts affluent international shoppers and benefits from the surrounding Midtown business district and Upper East Side residential community.
Spacious & Versatile Retail Space:
- Size: 4,666 SF of adaptable retail space, ideal for luxury boutiques, flagship stores, or high-end showrooms.
- Building Specifications: The 27-story building, constructed in 1957 and renovated in 1987, offers approximately 595,000 SF of space with modern amenities and infrastructure.
Excellent Transit Access:
- Public Transportation: Convenient access to multiple subway lines and bus routes, facilitating easy accessibility for customers and employees.
Highlights:
- Prestigious Address: Located on Madison Avenue’s luxury corridor, surrounded by high-end retailers and brands.
- Modern Infrastructure: The building features updated amenities, including 24-hour access, controlled access, and LEED Gold certification.
- Flexible Space: The available retail space is divisible, allowing customization to suit specific business needs.
Conclusion:
650 Madison Avenue presents an exceptional opportunity for luxury retailers seeking a prime location in Manhattan’s prestigious shopping district. With its strategic position amidst renowned brands, modern facilities, and flexible space options, this property is ideal for businesses aiming to establish or expand their presence in New York City’s luxury retail market.
Contact us today to schedule a viewing and secure this premier retail space!
