Commercial Lease – 280 East Houston Street, New York, NY 10002
Asking Rent: $90,000/Month
Size: 5,693 SF
Lease Type: Retail
Property Type: Ground-Floor Retail / Flagship Opportunity
Location: Lower East Side (10002)
Availability: Immediate
Property Overview
280 East Houston Street offers a 5,693 SF flagship retail space on one of downtown’s busiest and most visible corridors. Positioned at the intersection of the Lower East Side, East Village, and Alphabet City, the property benefits from constant pedestrian and vehicular traffic, vibrant nightlife, and proximity to established restaurants, cultural venues, and boutique retailers.
The large-format layout provides excellent flexibility for food & beverage, grocery/market, fitness, experiential retail, or lifestyle operators seeking a dominant East Houston Street presence.
Key Features
- Total Size: ≈5,693 SF
- Asking Rent: $90,000/Month
- Annualized Rent: ≈$1,080,000
- Effective Rent per SF: ≈$190/SF annually
- Frontage: High-visibility East Houston exposure with branding and signage opportunities
- Configuration: Expansive, open floorplan adaptable for large restaurant, flagship retail, or experiential use
- Building: Mixed-use downtown property with strong co-tenancy and active neighborhood presence
Lease & Terms
- Base Rent: $90,000/Month (~$190/SF/YR)
- Term: Negotiable (long-term flagship 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: Prime East Houston corridor connecting the Lower East Side to the East Village, close to nightlife, dining, and cultural anchors.
- Transit Access: Steps from 2nd Avenue (F), Essex/Delancey (F/M, J/Z), and crosstown bus routes.
- Neighborhood Demand: High demand from restaurant groups, entertainment venues, fitness/wellness operators, and experiential retail concepts.
- Competitive Advantage: Rare 5,600+ SF East Houston Street flagship offering scale, visibility, and adaptability for high-traffic retail and dining users.
Summary
The 5,693 SF retail space at 280 East Houston Street, New York, NY 10002 is offered at $90,000/Month (~$190/SF annually). With its flagship scale, prime frontage, and downtown location, this property is an outstanding opportunity for large-format retail or food & beverage operators seeking a commanding presence on East Houston Street.