Commercial Lease – 1523–1535 Second Avenue, New York, NY 10075
Asking Rent: $90,000/month
Lease Type: Commercial – Retail / Showroom / Flagship Opportunity
Property Type: Ground-Floor Retail Space
Location: Upper East Side / Yorkville Corridor (10075)
Availability: Immediate
Property Overview
1523–1535 Second Avenue offers a 6,073 SF flagship retail opportunity in the heart of the Upper East Side. With expansive frontage and exposure along one of Yorkville’s busiest commercial corridors, this property is ideal for national retailers, grocery, fitness/wellness operators, medical tenants, or flagship dining concepts seeking to establish a commanding presence.
The property benefits from dense residential surroundings, strong household incomes, and proximity to the Q train at 72nd Street, ensuring steady local and destination foot traffic.
Key Features
- Total Size: ≈ 6,073 SF
- Asking Rent: $90,000/month
- Annualized Rent: ≈ $1,080,000
- Effective Rent per SF: ≈ $178/SF annually
- Configuration: Large-format ground-floor retail with flexible build-out potential
- Frontage: Prominent Second Avenue exposure with wide branding opportunities
- Potential Uses: Flagship retail, grocery, fitness/wellness, medical, food & beverage
Lease & Terms
- Base Rent: $90,000/month (~$178/SF/YR)
- Term: Negotiable (long-term preferred for flagship users)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; company/financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Upper East Side / Yorkville corridor, with high-density residential towers, schools, hospitals, and destination shopping/dining.
- Transit Access: Steps from 72nd Street–Second Avenue (Q) and close to 77th Street (6).
- Neighborhood Demand: Strong from retail, wellness, healthcare, and dining operators serving affluent residents and consistent local demand.
- Competitive Advantage: Rare 6,000+ SF contiguous block of Upper East Side retail with high branding visibility and transit-driven foot traffic.
Summary
The 6,073 SF flagship retail space at 1523–1535 Second Avenue, New York, NY 10075 is offered at $90,000/month (~$178/SF annually). With wide frontage, heavy foot traffic, and prime Yorkville positioning, this property is an exceptional opportunity for national retailers, healthcare providers, or lifestyle brands seeking a strong Upper East Side presence.