770 Madison Ave - Storefront FOR SALE


New York, NY 10065
$29,500,000 USD
212-606-4109
770 Madison Ave, New York, NY for Sale
$29,500,000 USD
Storefront - FOR SALE
1/17
null | Request Cap Rate

770 Madison Ave
New York, NY 10065


HIGHLIGHTS

  • Flagship retail location in one of the world's premier retail corridors.
  • Prime Upper East Side corner lot with 20 feet of frontage along Madison Avenue as well as 80 ft along E 66th St
  • Double height windowed facade
  • Impressive ceiling heights throughout
  • Strong neighborhood co-tenancy including Giorgio Armani, Loro Piana, Chanel & Hermes
  • Close Proximity to 4,5,6,N,R,W,F,Q subway lines

OVERVIEW

770 Madison Avenue is a rare flagship mansion opportunity located on one of the most heavily trafficked corners of this iconic and bespoke luxury retail corridor. Spanning approximately 6.839 Square feet across five floors plus basement, 770 Madison Avenue offers North, East and West facing windows as well as a generous passenger elevator. This exceptional property presents an ideal layout for a tenant seeking a magnificent flagship with a quintessential Madison Avenue Address. The building showcases an abundance of eye-catching features, including its floor-to-ceiling windowed facade on both the ground level and second floor which wraps the corner frontage. The width claims 20 feet of direct Madison Avenue real estate while the depth stretches 75 feet along East 66th Street. Floors three through five are sun drenched with three separate exposures and currently consist of atelier space for bespoke projects, private client services and offices. Madison Avenue is synonymous with luxury and this corner retail location commands attention. Situated just one block from Central Park and easily accessible via the N,R,W,4,5,6,F,Q trains. Notable neighbors include some of the world's most recognizable fashion houses, jewelry designers and art galleries. 770 Madison Avenue provides a rare opportunity to create an iconic crown jewel retail asset in the greatest city in the world.

FOR SALE DETAILS

PRICE

$29,500,000 USD

PRICE/SF

$4,313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,634 SF

ZONING

C5-1

APN/PARCEL ID

1380-0059

ASK ABOUT THIS PROPERTY

Stan PonteSotheby's International Realty, Inc.More Info
212-606-4109

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Stan PonteSotheby's International Realty, Inc.More Info
212-606-4109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.