Commercial Lease – 150 East 3rd Street, New York, NY 10009
Asking Rent: $8,000/month
Lease Type: Commercial – Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: East Village (10009)
Availability: Immediate
Property Overview
150 East 3rd Street offers a 300 SF compact boutique space in the heart of the East Village. With strong foot traffic, a vibrant nightlife and dining scene, and an eclectic neighborhood mix, this property is well-suited for coffee concepts, grab-and-go food, boutique retail, or wellness services seeking exposure in one of Manhattan’s most energetic districts.
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The property’s small-format size and affordable rent relative to location make it ideal for emerging operators or brands testing concepts in a high-demand downtown neighborhood.
Key Features
- Total Size: ≈ 300 SF
- Asking Rent: $8,000/month
- Annualized Rent: ≈ $96,000
- Effective Rent per SF: ≈ $320/SF annually
- Configuration: Compact retail storefront, adaptable for QSR, boutique retail, or service use
- Frontage: East 3rd Street exposure with consistent neighborhood and destination traffic
- Potential Uses: Coffee shop, grab-and-go food, boutique retail, salon/wellness, creative service
Lease & Terms
- Base Rent: $8,000/month (~$320/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and typical retail lease obligations
Market Profile
- Location Advantage: East Village, known for its eclectic mix of dining, nightlife, independent retail, and residential density.
- Transit Access: Close to 2nd Avenue (F), Astor Place (6), and multiple bus lines.
- Neighborhood Demand: Strong from food & beverage, boutique retail, and wellness/service operators targeting a young, trend-driven demographic.
- Competitive Advantage: Rare micro-format retail space with affordable entry pricing in a high-demand East Village corridor.
Summary
The 300 SF boutique retail space at 150 East 3rd Street, New York, NY 10009 is offered at $8,000/month (~$320/SF annually). Its compact size, East Village location, and strong neighborhood foot traffic make it an attractive option for emerging food, retail, or service operators seeking to establish a foothold in one of Manhattan’s most energetic downtown markets.
