Restaurant

Expansive Retail Space in the East Village – 51 1st Avenue

Address: 51 1st Avenue, New York, NY, 10003
Price: $27,000/month
Square Feet: 3,500 SF
Type: Retail Space

Property Overview:

Situated in the lively and eclectic East Village, 51 1st Avenue offers 3,500 SF of prime retail space, ideal for flagship stores, experiential retail, high-end dining, boutique fitness studios, or creative showrooms. This high-visibility location on 1st Avenue ensures steady foot traffic from locals, tourists, and NYC’s vibrant nightlife and arts scene.

Key Features:

Prime East Village Location:

• Located in one of NYC’s most sought-after neighborhoods, known for its unique mix of restaurants, independent retailers, and cultural institutions.
• Steps from St. Mark’s Place, Houston Street, and the Lower East Side, ensuring strong foot traffic day and night.
• Surrounded by an energetic mix of residents, students, artists, and tourists, making it an ideal destination for retail and hospitality businesses.

Spacious & High-Visibility Retail Layout:

• 3,500 SF of open-plan retail space, perfect for high-end retail, boutique fitness studios, or destination dining experiences.
• Expansive glass storefront providing maximum branding exposure and an inviting street presence.
• High ceilings, sleek interiors, and a flexible layout to accommodate a variety of business concepts.

Excellent Transit Access:

• Steps from major subway lines (F, M, J, Z at Delancey/Essex, 6 at Bleecker Street, and L at 1st Avenue), providing easy accessibility for customers and employees.
• Well-connected to multiple bus routes and pedestrian-friendly streets, ensuring strong local and tourist traffic.

Thriving Business & Cultural Hub:

• The East Village is a hub for emerging brands, trendy restaurants, nightlife hotspots, and creative businesses.
• Ideal for boutique retail, experiential stores, art galleries, fitness brands, or high-end food and beverage establishments looking to capture a young, trend-focused demographic.
• Competitive rental pricing for a high-visibility, high-foot-traffic shopping district with a diverse customer base.

Highlights:

✔ 3,500 SF of prime retail space in the East Village
✔ $27,000/month lease in a high-foot-traffic, trend-setting neighborhood
✔ Expansive glass storefront for premium branding and customer engagement
✔ Surrounded by top-tier restaurants, independent boutiques, and cultural landmarks
✔ Steps from major subway lines, ensuring easy access for customers and employees

Conclusion:

51 1st Avenue presents a rare opportunity for businesses looking to establish a flagship presence in one of NYC’s most energetic and creative neighborhoods. With its prime location, high foot traffic, and adaptable retail layout, this space is ideal for fashion retailers, lifestyle brands, high-end dining, or experiential retail concepts looking to make an impact in the East Village.

Contact us today to schedule a private tour and secure this premier retail space!