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833 Madison Ave 450 - 1,800 SF of Retail Space Available in New York, NY 10021
Highlights
- Located on Madison Avenue between East 69th and East 70th Streets.
- Mixed-use configuration with retail, commercial, and residential components.
- Benefits from established pedestrian activity and neighborhood visibility.
- One block from Central Park and near Park Avenue.
- Positioned within a well-known Upper East Side luxury retail corridor.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
The 2 spaces in this building must be leased together, for a total size of 1,350 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 450 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| Ground, 2nd Floor | 1,350 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Basement
• Short term direct lease through March 31, 2027 • Opportunity to test the market • Fully built space with private outdoor space in the rear • Ground, Second, and Basement must be leased together; no divisions
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Ground, 2nd Floor
The 2 spaces in this building must be leased together, for a total size of 1,350 SF (Contiguous Area):
• Short term direct lease through March 31, 2027 • Opportunity to test the market • Fully built space with private outdoor space in the rear • Ground, Second, and Basement must be leased together; no divisions
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Fully Built-Out as a Convenience Store
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 | 1,800 SF | Property Subtype | Storefront Retail/Residential |
| Max. Contiguous | 1,350 SF | Gross Leasable Area | 9,302 SF |
| Property Type | Retail | Year Built | 1900 |
| Total Space Available | 1,800 SF |
| Max. Contiguous | 1,350 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,302 SF |
| Year Built | 1900 |
About the Property
833 Madison is a vintage building prominently located between 69th and 70th Streets along the iconic Madison Avenue retail corridor of Manhattan. It is located one block away from New York's Central Park and one block over from Park Avenue, benefitting from year-round heavy foot traffic.
- Signage
Nearby Major Retailers
