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WATCH: Gun-toting bandits steal $300K worth of luxury watches from Madison Avenue store

Two thieves made off with five watches from a Jaeger-LeCoultre store.

Police are searching for two armed suspectswho robbed a Madison Avenue luxury watch store of five watches worth $300,000 on Monday morning.

Footage released Tuesday show the bandits, dressed in winter coats and sunglasses with their faces covered, walking into the Jaeger-LeCoultre location at 701 Madison Ave. around 10:40 a.m.

One of the suspects, who enters the store wearing a Yankees baseball cap, is seen pointing a handgun at what appears to be a store employee or security guard. Police said he ordered three employees to the floor.

The other suspect, who was wearing a knit cap with earflaps, can be seen smashing a glass countertop and glass wall display with a hammer, then removing the pricey Swiss watches.


The footage shows the suspects then casually walking out of the store, which is between 62nd and 63rd streets. They headed south on Madison Avenue, police said. None of the store employees was injured.

Anyone with information should call the NYPD’s Crime Stoppers Hotline at 800-577-8477 or visit nypdcrimestoppers.com.

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