Three Madison Avenue buildings are for sale in the biggest offering on Manhattan's renowned shopping corridor in years
Three Madison Avenue buildings are for sale in the biggest offering on Manhattan’s renowned shopping corridor in years, a test case for how much the coronavirus pandemic and recent rent slump have hurt values of prime retail space.
The properties, between East 69th and 70th streets at 831, 835 and 837 Madison Ave., amount to 91 linear feet of street frontage and 34,000 square feet in total, the first time this much Madison Avenue retail has been for sale in close to a decade, brokers say. One of the building’s retail space...
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