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.
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.