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519 Madison Ave 1,350 - 4,050 SF of 4-Star Retail Space Available in New York, NY 10022



Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 3rd Floor | 1,350 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 4th Floor | 1,350 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 5th Floor | 1,350 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
3rd Floor
4th Floor
5th Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,050 SF | Gross Leasable Area | 8,092 SF |
| Property Type | Retail | Year Built | 1948 |
| Total Space Available | 4,050 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,092 SF |
| Year Built | 1948 |
About the Property
519 Madison Avenue – Floors 3–5 and Rooftop Opportunity X Real Estate Group has been retained on an exclusive basis to offer the upper floors of 519 Madison Avenue, a distinctive multi-level opportunity located in the heart of Midtown Manhattan. The available premises consist of approximately 3,972 rentable square feet across Floors 3, 4 and 5, together with potential rooftop activation rights, subject to final agreement and all applicable approvals. Available Space Third Floor: Approximately 1,336 SF Fourth Floor: Approximately 1,318 SF Fifth Floor: Approximately 1,318 SF Total Available Interior Space: Approximately 3,972 SF Rooftop: Potential additional outdoor hospitality and event component Each floor offers a long, full-floor layout with elevator and stair access. The existing spaces contain a combination of open areas, private rooms, restrooms, original architectural details and flexible floor plates that can support a wide range of hospitality, creative and commercial uses. The property is well suited for an operator seeking to establish a private club, executive lounge, event venue, wellness concept, content or production studio, showroom, corporate hospitality platform, private dining concept or multi-floor experiential business. Potential programming may include: Private members club Executive lounge and coworking environment Private dining and hospitality Corporate meetings and entertaining Brand launches and product activations Screenings and presentations Wellness, yoga and recovery services Podcast, media and content production Karaoke, music and private entertainment Rooftop events and seasonal programming The third floor is particularly well positioned for a primary reception, lounge or hospitality use. The fourth and fifth floors can accommodate private rooms, studios, meetings, wellness services, entertainment or event programming. The rooftop offers the potential to create a complementary outdoor component with seating, lighting, landscaping and private-event functionality, subject to DOB, FDNY, landlord and other required approvals. The spaces are currently offered in existing condition, providing an operator with the ability to design and build a concept around its own brand, operating requirements and intended use. Ownership is open to reviewing proposals for individual floors, multiple-floor combinations or the full upper-floor package. Located along the Madison Avenue corridor, the property benefits from immediate proximity to major office buildings, financial institutions, luxury retail, hotels, restaurants and transportation. The surrounding daytime population includes executives, finance professionals, attorneys, corporate employees, visitors and high-income consumers. This is a rare opportunity to control multiple contiguous floors and potential rooftop space within a highly visible Midtown Manhattan location. All dimensions and square footage are approximate. Any proposed use, construction, occupancy, food service, rooftop activation, amplified sound, assembly use or other operational component remains subject to ownership approval and all applicable governmental and regulatory requirements. Exclusive Leasing Agent X Real Estate Group Louis Peter Cotrone, Principal 917-420-0045 Cotrone@xrealestategroup.com
Nearby Major Retailers
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519 Madison Ave
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