797 Madison Avenue, New York, NY 10002

Meridian Investment Sales is pleased to present 797 Madison Avenue, a five-story, 6,973-square-foot mixed-use building comprising ground-floor retail and upper-level office space situated on one of Manhattan’s most prestigious luxury corridors in Lenox Hill. Built in 1881 and offered with the potential for vacant delivery, the property presents a rare opportunity for an investor or owner-user to reposition, rebrand, or occupy a prime Madison Avenue address — formerly home to Tory Burch — at a moment when retail rents along the corridor are rising for the first time in a decade and market asking rents exceed $670 per square foot. The building features dual entrances, a private elevator serving all five floors, outdoor terraces on upper levels, and 9,827 square feet of transferable air rights against a maximum FAR of 10, creating meaningful potential for vertical expansion or future residential conversion.

Flanked by Gucci, Prada, Giorgio Armani, Dolce & Gabbana, and Chanel, the property benefits from elite visibility, dense foot traffic from affluent residents and international tourists, and outstanding transit access — just a two-minute walk to the 68th Street–Hunter College subway station and five minutes from the F, Q, N, R, and W trains at Lexington Avenue/63rd Street. Zoned C5-1 with an R10 equivalent, 797 Madison Avenue is priced at $14,500,000 and offers investors a compelling combination of trophy location, flexible use strategy, and significant long-term upside in one of New York City’s most enduringly desirable submarkets.