Retail

Corner Restaurant / Retail Opportunity – 509 Third Avenue

Address: 509 Third Avenue, New York, NY 10016
Price: $40,000/month
Lease Type: Commercial Lease
Type: Restaurant / Retail / Café / Lifestyle / Experiential
Location: Urban – Midtown East / Murray Hill / Kips Bay
Square Feet: 2,100 SF
Building Class: B
Market Segment: Food & Beverage, Boutique Retail, Fitness, Beauty, Flagship Concepts

Property Overview

509 Third Avenue offers 2,100 square feet of prime corner retail space with wraparound frontage and exceptional street visibility. Located in a dense residential and office corridor in Midtown East, this space is ideal for a signature restaurant, boutique retailer, upscale café, or experiential brand looking to capitalize on high daily foot traffic and prominent exposure.

Key Features

Corner Presence & Visibility

• Situated at the intersection of Third Avenue and East 34th Street
• Expansive wraparound glass frontage with signage opportunities
• Steps from NYU Langone, residential towers, and major office buildings

Built-Out Restaurant Layout (if applicable)

• Venting and kitchen infrastructure in place (verify existing condition)
• Open dining area, ADA-compliant restroom, and rear prep/storage areas
• Flexible for conversion to retail, café, wellness, or fitness concept

Strong Demographics & Access

• High foot traffic from local residents, healthcare workers, and commuters
• Near 33rd Street (6), Grand Central (4/5/6/7), and Penn Station transit hubs
• Popular delivery and dining corridor, especially evenings and weekends

Highlights

• $40,000/month for 2,100 SF of premium corner space
• Ideal for turnkey restaurant, wine bar, boutique retail, or wellness studio
• Heavy foot traffic, great visibility, and branding potential
• Immediate occupancy with flexible lease terms

Conclusion

509 Third Avenue presents a rare corner leasing opportunity in Midtown East’s dynamic Murray Hill/Kips Bay corridor. With strong visibility, established foot traffic, and flexible use potential, it’s the perfect platform for businesses looking to make a bold impact in a high-demand market.

Contact us today to arrange a private showing or request full marketing materials.