Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 2018
Building Area
Occupancy 100.0 %

Property Description

One Madison Retail (the “Property”) is a 7,835 SF retail condominium located in the heart of the Flatiron district adjacent to Madison Square Park.

Investment Highlights

  • Jones Lang Lasalle Americas, Inc (“JLL”) has been exclusively retained to arrange the sale of One Madison Retail (the “Property”), a 7,835 SF retail condominium located in the heart of the Flatiron district adjacent to Madison Square Park. The Property sits at the base of One Madison, a CetraRuddy- and Yabu Pushelberg-designed 60-story, 53-unit, luxury condominium building, and boasts 18’ ceiling heights, 75’ of inimitable frontage on 23rd street, and a location proximate to lower 5th Avenue, Manhattan’s beloved retail corridor. One Madison Retail is 100% leased, and contains three service-oriented tenants with a WALT of 7.9 years, all of who benefit from the exceptional foot traffic generated by Madison Square Park and the Property’s location at the nexus of the highly desired Flatiron/NoMad submarket.
  • One Madison Retail presents an outstanding opportunity for investors to purchase an extremely rare retail condominium parallel to Madison Square Park offering long-term leases, stable cash flow, and the ability to own in the most enviable “Live/Work/Play” neighborhood of Manhattan.
Steven Rutman
Steven Rutman
Director
Licensed in
1220994 RS320021 10401278083
Ben Siegel
Analyst

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