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Storefront Registry, Madison Square blocks
NYC Department of Finance
NYC Department of Finance. Read October 30, 05:43
MeasureValue
Vacant storefronts reporting an asking rent38
Median asking rent, 2025$158 per sq ft
Median asking rent, 2026$142 per sq ft
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October 30, 2026, 05:43
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What we took from it
1Owners of vacant storefronts around Madison Square reported a median asking rent of $142 per square foot this year, against $158 in 2025.Storefront Registry, Madison Square blocksStorefront Registry, Madison Square blocksStated in the recordStated
2The median asking rent is 10% below last year's.Storefront Registry, Madison Square blocksStorefront Registry, Madison Square blocksCalculated by usCalculated
3Thirty-eight vacant storefronts on those blocks reported an asking rent to the Department of Finance.Storefront Registry, Madison Square blocksStorefront Registry, Madison Square blocksStated in the recordStated