Commercial Property for Lease – 731 Lexington Avenue, New York, NY 10022

Asking Rent: $30,000 / Month
Sale Type: Lease – Retail / Showroom / Office
Property Type: Ground-Floor Retail / Commercial Space
Location: Urban – Midtown East (Upper East Side Border), Manhattan (10022)
Availability: Immediate

Property Overview

731 Lexington Avenue presents a 4,340 SF retail/commercial leasing opportunity in one of Midtown’s most prestigious corridors. Positioned within the Bloomberg Tower complex, this space benefits from exceptional visibility, Class-A co-tenancy, and high pedestrian traffic from both affluent Upper East Side residents and Midtown East professionals.

With its open floor plan and premium address, the space is ideal for luxury retail, showroom operations, fitness/wellness brands, or flagship food & beverage concepts. The Lexington Avenue corridor is anchored by international brands, high-end dining, and premier office tenants.

Key Features

• Size: 4,340 SF
• Asking Rent: $30,000 / month (~$83 PSF annualized)
• Configuration: Open plan with flexibility for retail, showroom, or lifestyle tenants
• Frontage: Prominent Lexington Avenue exposure
• Market Segment: Luxury retail, lifestyle, showroom, boutique fitness/wellness

Market Profile

• Submarket: Midtown East / Upper East Side Border – blend of corporate headquarters, luxury retail, and affluent residential demand
• Demand Drivers: Bloomberg Tower, prime Lexington & 59th Street corridor, proximity to Central Park and high-income residential enclaves
• Target Tenants: Flagship retail, luxury lifestyle brands, boutique health/wellness, experiential food & beverage
• Competitive Advantage: Large-format floor plate in a corridor where smaller boutique units dominate; prestigious co-tenancy within Bloomberg Tower

Financial Highlights

• Asking Rent: $30,000 / month
• Size: 4,340 SF
• Asking Rent per SF (Annualized): ~$83/SF
• Lease Type: Typically NNN or modified gross (to be negotiated)
• Upside Potential: Long-term appreciation tied to Lexington Avenue’s positioning as a luxury retail and office corridor

Location Advantages

• Neighborhood: Midtown East / Upper East Side – affluent, mixed-use hub
• Proximity: Central Park, Bloomingdale’s, Bloomberg Tower, luxury hotels, and premier office towers
• Transit: Excellent subway access (E, M, N, R, W, 4, 5, 6 lines) with immediate connectivity to Midtown and Downtown Manhattan
• Tenant Demand: Strong from high-end retailers, lifestyle operators, and international tenants seeking visibility in a prestige corridor

Summary

The 4,340 SF retail/commercial space at 731 Lexington Avenue is offered at $30,000/month (~$83/SF annually), representing a rare opportunity to secure a flagship presence in one of Midtown’s most prestigious mixed-use towers. With its scale, premium location, and strong co-tenancy, the property is ideal for luxury retail, showroom, or experiential tenants seeking long-term value in Manhattan’s East Side.