Retail

Prime Flagship Retail Opportunity – 87-89 5th Avenue, New York, NY 10003

Asking Rent: $120,000/month
Size: 10,200 SF
Use: Retail / Showroom / Flagship Store / Gallery / Mixed Commercial
Location: Flatiron – Union Square Corridor
Frontage: Prominent street frontage on 5th Avenue
Availability: Immediate

Property Overview:

87-89 Fifth Avenue offers an exceptional 10,200-square-foot flagship retail space in one of Manhattan’s most dynamic retail corridors. Located between Union Square and Flatiron, this high-visibility space is ideally suited for national retailers, luxury brands, or experience-driven concepts seeking a commanding presence in a bustling, high-foot-traffic neighborhood.

Key Features:

• Expansive Retail Presence: Wide glass storefront with significant branding and signage potential
• Flexible Layout: Open floorplate with high ceilings, column spacing, and multiple entry points
• Excellent Condition: Delivered white-boxed or built-to-suit depending on tenant needs
• Premium Location: Steps from Union Square, Washington Square Park, and tech/creative office hubs
• Heavy Foot Traffic: Surrounded by flagship fashion, wellness, food & beverage, and lifestyle tenants

Ideal For:

• Flagship fashion or beauty brands
• High-end fitness or wellness studios
• Home furnishings or tech showroom
• Experiential retail or pop-up installations

Highlights:

• 10,200 SF of prime retail on iconic 5th Avenue
• Asking $120,000/month (negotiable based on term and use)
• Unmatched location with significant daily footfall
• Direct access to major subway lines (L, N, Q, R, W, 4, 5, 6)

Conclusion:

This is a rare opportunity to secure a full-building or expansive ground-floor retail space in one of Manhattan’s most sought-after locations. 87-89 5th Avenue offers the scale, exposure, and foot traffic to support a premier retail or showroom concept.

Contact us today to schedule a private tour or request detailed leasing terms.