Retail

Commercial Lease – 270 Park Avenue South, New York, NY 10010

Asking Rent: $120,000/Month
Size: 4,900 SF
Lease Type: Retail
Property Type: Ground-Floor Flagship Retail / Showroom
Location: Flatiron / Union Square District (10010)
Availability: Immediate

Property Overview

270 Park Avenue South offers a 4,900 SF prime retail space in one of Manhattan’s most dynamic live-work-play corridors, bridging the Flatiron District and Union Square. With strong pedestrian volumes, affluent demographics, and proximity to major residential and office towers, this property represents a rare flagship retail opportunity.

The expansive layout is ideal for fashion, flagship lifestyle retail, fitness/wellness concepts, galleries, or food & beverage operators seeking high visibility and branding potential along Park Avenue South.

Key Features

• Total Size: ≈4,900 SF
• Asking Rent: $120,000/Month
• Annualized Rent: ≈$1,440,000
• Effective Rent per SF: ≈$294/SF annually
• Frontage: Prominent Park Avenue South exposure with strong signage opportunities
• Configuration: Large-format retail floorplate adaptable for flagship retail, restaurant, or showroom use
• Building: Mixed-use Flatiron/Union Square property with strong co-tenancy and neighborhood synergy

Lease & Terms

• Base Rent: $120,000/Month (~$294/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 taxes, and standard obligations for retail leases

Market Profile

• Location Advantage: Strategically located on Park Avenue South at the intersection of Flatiron, Union Square, and Gramercy, with direct access to major retail and dining corridors.
• Transit Access: Steps from 23rd Street (6, R/W) and Union Square (4/5/6, N/Q/R/W, L).
• Neighborhood Demand: Popular with fashion retailers, wellness/fitness operators, restaurants, and luxury lifestyle brands.
• Competitive Advantage: Rare sub-5,000 SF Park Avenue South flagship offering visibility, branding, and foot traffic in one of Manhattan’s top mixed-use corridors.

Summary

The 4,900 SF retail space at 270 Park Avenue South, New York, NY 10010 is offered at $120,000/Month (~$294/SF annually). With its flagship scale, Park Avenue frontage, and prime Flatiron/Union Square positioning, this property is an outstanding opportunity for retail or lifestyle tenants seeking a dominant downtown presence.