Baker, Rubens, Burack and Schwartz of Winick Realty Group to market space 95 Madison Avenue
According to Winick Realty Group, a multi-level retail opportunity at 95 Madison Ave., located between East 28th and East 29th Sts. in the Madison Square's furniture district, is available.
Winick president Steven Baker, executive vice president Darrell Rubens and brokers Ross Burack and Jeremy Schwartz are marketing the space, which sits at the base of the Emmet Building, a 100-year-old architectural gem. The impeccably-maintained building boasts many of its original features, including soaring 17' 4" ceilings on the 4,000 s/f ground floor. Along with the ground floor, Winick is marketing a 435 s/f mezzanine, as well as the second and third floors, each of which measures 8,060 s/f. Additional contiguous floors are also available.
"The Emmet Building is surrounded by an impressive roster of retailers, including Fendi, Natuzzi and DDC," said Baker. "We envision this site as a great opportunity for a high-end furniture retailer to lease all three floors and create a brand headquarters with a showroom or design center component."
The retail at 95 Madison Ave. is subject to 24/7 foot traffic as it is surrounded by many of the area's top hotels—including the Nomad Hotel, Flatiron Hotel, Gansevoort Hotel and Virgin Hotel, which is currently under construction—as well as new residential developments including One Madison Park and 10 Madison West.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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