4 Small Retail Spaces for Lease in NYC

03 October, 2019 / Alan Rosinsky
Springtime scene featuring a retail store in West Village Neighborhood, Downtown, New York City

Manhattan is a tourist heaven, filled with restaurants, entertainment, luxury shops and high-street retailers. Yet, among the giants of the industry, there are also those unique stores with hidden treasures that tourists and locals alike love to discover. Below, we’ve selected four such NYC retail spaces available for lease, that are suitable for various kinds of businesses and needs, ranging from 550 to 4,700 square feet. Check them out and contact our brokers for more details.

Prime retail space on “Billionaires’ Row”

Located on the ground floor of a prestigious cooperative apartment building at Park Avenue and 57th Street, this 550-square-foot retail store is surrounded by some of NYC’s finest–Coach, Fendi, Dior and Chanel. The space features more than 20 feet of frontage and a 650-square-foot basement, which makes it ideal for various functions, including a spot to serve food.

The site is available immediately for a 5- to 10-year lease term, and can be leased for $327 per square foot or $15,000 per month.

Affordable boutique store in SoHo

This 650-square-foot space located on the ground floor of the building at 72 Thompson Street has 10 feet of frontage and good visibility in an area with multiple restaurants. The store features large windows and its own private bathroom.

The landlord asks $160 per square foot or $8,667 per month, and the space is available right away for a 5-year lease term.

Various uses on the Lower East Side

Totaling 2,300 square feet, this store is located on the ground floor of a 5-story residential walk-up at 90 Eldridge Street, and is complemented by a 2,200-square-foot basement. The space features 12-foot ceiling height and is column-free, and the basement’s ceilings rise up 10 feet. The site has new tiled floors, new electrical and mechanical systems, as well as a new AC system. Electricity is metered to Con Edison. The space previously housed a bar, but it can be used for other retail and restaurant uses, and is suitable as an art gallery, too.

The store is delivered “as is,” but free rent in lieu of construction can be negotiated. The landlord is asking $88 per square foot, or $17,000 per month, for a 5- to 10-year lease term, and the space is available immediately.

Charming store in Greenwich Village

Situated at Greenwich and Perry Street, this ground-floor, 3,700-square-foot store features 30 feet of frontage, 13-foot ceiling height, is column-free and has virtually no loss factor. The space is currently being demolished, but the landlord will consider improving it for a credit tenant. Its rectangular shape makes it ideal for a classroom, special events space or a yoga studio, but it is suitable for any retail use. In addition, it holds a small interior office and bathrooms.

The asking rent is $75 per square foot, or $23,125 per month, and the space is available right away for a lease term of 5 to 10 years.

Are you thinking of setting up your business in a convenient location in Manhattan, and are looking to lease space in a modern building offering state-of-the-art amenities? Then reach out to us and we will show you worthwhile space situated right in the heart of New York City. To learn about available retail space, call Metro Manhattan Office Space at (212) 444-2241 or email us at [email protected].

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