424 Mad Ave space available for lease. (Retail New York).

For the first time in more than 70 years, top quality, high-profile retail space is available for lease on the southwest corner of Madison Avenue and 49th Street. GVA Williams executive managing director Alexander P. Jinishian, and senior director Douglas Grabiner are currently offering 424 Madison Ave. for. direct lease.

The building, which has been the home to Church's English Shoes, offers a total of 100 feet of frontage on Madison Avenue and 49th Street. The ground floor offers 3,352 SF, the mezzanine offers 1,707 SF, the basement has 1,531 SF available, and the optional second floor offers 4,130 SF, for a total of 10,720 SF.

The location is situated just one block from Saks Fifth Avenue, in a Midtown neighborhood that includes more than 35 million SF of Class A office space containing more than 150,000 employees and customers.

"This retail space benefits from 15-foot ceilings and frontage on two streets, giving it a tremendous amount of pedestrian traffic and visibility," Jinishian said. "Tenants also would have the ability to combine the ground floor retail operations with the entire second floor if they desire."

424 Madison Avenue also is conveniently located near Grand Central Terminal, with new access only two blocks south of the store. Other neighboring tenants include Rolls Royce of Manhattan, Crouch & Fitzgerald, Kenneth Cole, Brooks Brothers and Paul Stuart.