Retail

Commercial Lease – 134 Lexington Avenue, New York, NY 10016

Asking Rent: $40,000/Month
Size: 850 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: NoMad / Kips Bay Corridor (10016)
Availability: Immediate

Property Overview

134 Lexington Avenue presents a high-visibility 850 SF retail storefront in the NoMad/Kips Bay area, one of Manhattan’s fastest-growing dining and nightlife destinations. With excellent frontage along Lexington Avenue and steady pedestrian and vehicle traffic, this space is ideally suited for restaurants, cafés, specialty food operators, boutique retail, or wellness concepts.

Surrounded by a vibrant mix of residential, office, and hospitality demand, the property offers strong branding potential and an adaptable floorplan for a wide range of tenants.

Key Features

• Total Size: ≈850 SF
• Asking Rent: $40,000/Month
• Annualized Rent: ≈$480,000
• Effective Rent per SF: ≈$565/SF annually
• Configuration: Open, efficient floorplan adaptable for retail, café, or food use
• Frontage: Prime Lexington Avenue exposure with strong branding opportunity
• Potential Uses: Café/restaurant, grab-and-go food, boutique fashion, wellness/fitness, gallery, salon

Lease & Terms

• Base Rent: $40,000/Month (~$565/SF/YR)
• Term: Negotiable (long-term preferred)
• Availability: Immediate / by agreement
• Due at Signing: First month + security deposit; tenant financials required
• Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases

Market Profile

Location Advantage: Located along Lexington Avenue in NoMad/Kips Bay, near popular dining corridors, boutique hotels, and nightlife destinations.

Transit Access: Close to the 28th Street (6) subway station and convenient to multiple crosstown and uptown/downtown bus routes.

Neighborhood Demand: High demand from food & beverage operators, boutique retailers, and wellness/lifestyle brands driven by young professionals, residents, and office workers in the area.

Competitive Advantage: Rare sub-1,000 SF retail storefront in a vibrant dining and lifestyle corridor.

Summary

The 850 SF retail space at 134 Lexington Avenue, New York, NY 10016 is offered at $40,000/Month (~$565/SF annually). With prime Lexington Avenue visibility, adaptable layout, and location in the growing NoMad/Kips Bay market, this property is a unique opportunity for boutique retailers, restaurants, or service-based tenants seeking Midtown South presence.