667 Madison Avenue is a prestigious address in the heart of New York City, synonymous with luxury, high-end retail, and iconic architecture. Located in the affluent Upper East Side, this address commands attention for its prime location and the significant businesses that call it home. This post will delve deeper into the history, significance, and notable tenants of this remarkable location.
What is notable about 667 Madison Avenue?
667 Madison Avenue's notability stems from its location within one of Manhattan's most desirable areas and its association with high-profile businesses and luxury brands. The building itself is often a testament to sophisticated architectural design, typically featuring classic or modern designs that reflect the upscale nature of the neighborhood. Its prominence contributes to a strong brand image for any business occupying its space.
What kind of businesses are located at 667 Madison Avenue?
The specific businesses at 667 Madison Avenue can fluctuate over time, but historically, and typically, the building houses high-end retailers, luxury brands, professional services firms, or possibly prestigious art galleries, reflecting the character of the surrounding neighborhood. It's important to note that precise tenant information requires checking the building's directory or other public records, as occupancy details can change.
Who owns 667 Madison Avenue?
Determining the current owner of 667 Madison Avenue requires a property records search with the New York City Department of Finance. Such information is usually public record and accessible online, though the specifics of ownership might be complex, involving multiple entities or holding companies.
What is the history of 667 Madison Avenue?
To unearth the history of 667 Madison Avenue, you would need to consult historical records and archives pertaining to New York City real estate. This would likely involve researching building permits, property transactions, and potentially local historical societies or archives. This would reveal the building's construction date, any significant renovations, and perhaps even interesting stories related to its past owners and occupants.
What is the value of 667 Madison Avenue?
The value of 667 Madison Avenue is highly dependent on various factors, including the current market conditions, the building's size, the condition of the property, and the length of the lease agreements in place. Determining a precise valuation would require a professional appraisal from a real estate expert familiar with the Manhattan commercial real estate market. Publicly available property records might offer clues about assessed values, but these won't necessarily reflect the true market value.
Is 667 Madison Avenue a good investment?
Whether 667 Madison Avenue (or any specific property) represents a good investment is highly subjective and depends on individual investment goals, risk tolerance, and market analysis. Such a decision would require thorough due diligence, including evaluating the current and projected rental income, potential capital appreciation, and the overall risks associated with owning commercial real estate in such a competitive market as Manhattan. Consulting with financial advisors and real estate investment professionals is crucial.
Conclusion:
667 Madison Avenue symbolizes the epitome of prime Manhattan real estate. While pinpointing specifics about its current tenants and exact valuation requires further research using publicly available resources, its location and historical association with high-end businesses speak to its enduring prestige within the New York City landscape. Understanding the value and investment potential requires careful due diligence and professional guidance.
