Commercial Space for Lease – 39 E 19th Street, New York, NY 10003
Asking Rent: $31,000 / Month
Size: 2,200 SF
Price per SF: ~$169 / SF annually
Property Type: Retail / Restaurant / Creative Space
Status: Active
Property Overview
39 East 19th Street offers 2,200 SF of prime retail/restaurant space in the Flatiron/Union Square corridor, one of Manhattan’s busiest mixed-use districts. With excellent street frontage and heavy daily pedestrian activity, the property is ideally positioned for restaurant operators, boutique retailers, or experiential concepts seeking a central downtown presence.
Key Features
- Total Size: 2,200 SF
- Asking Rent: $31,000/month ($372,000 annually)
- Price per SF: ~$169 annually
- Use Flexibility: Perfect for food & beverage, boutique retail, wellness, or creative tenants
- Frontage: Strong street-level visibility in a high-traffic corridor
- Condition: Lease-ready, adaptable to tenant build-out
Market Profile
- Target Tenants: Restaurants, cafés, specialty retail, fitness/wellness studios, or creative showrooms
- Neighborhood Demand: Flatiron/Union Square remains a top retail destination, driven by its blend of residential, office, dining, and tourism traffic
- Competitive Advantage: At ~$169/SF, this listing offers a cost-efficient opportunity for a well-trafficked downtown retail corridor
Location Advantages
- Neighborhood: Flatiron District / Union Square
- Proximity: Union Square Park, Fifth Avenue retail, Gramercy, and Madison Square Park
- Transit Access: Steps to Union Square transit hub (N/Q/R/W, 4/5/6, and L trains)
- Foot Traffic: Extremely high volumes from commuters, students, residents, and tourists
Summary
The 2,200 SF space at 39 E 19th Street is a prime retail/restaurant opportunity at $31,000/month (~$169/SF annually). With its strategic location in the Flatiron/Union Square corridor, this property is perfectly suited for dining, boutique retail, or wellness operators seeking visibility and high foot traffic.