Retail

  • $80,000
290, 5th Avenue, NoMad, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10001, United States
For Rent
Retail
290, 5th Avenue, NoMad, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10001, United States
  • $80,000

Description

For Lease – 290 Fifth Avenue, New York, NY 10001

Asking Rent: $80,000 / Month
Size: 6,200 SF
Property Type: Retail
Location: NoMad / Midtown South (10001)

Property Overview

290 Fifth Avenue presents a 6,200 SF flagship retail opportunity in the heart of NoMad, one of Manhattan’s fastest-growing mixed-use corridors. With excellent frontage along Fifth Avenue and proximity to Madison Square Park, this space benefits from steady foot traffic, strong co-tenancy, and high visibility.

The property is ideally configured for flagship retail, dining, showroom, or experiential concepts looking to establish a presence in the vibrant NoMad/Midtown South submarket.

Key Features

  • Total Size: ≈6,200 SF
  • Asking Rent: $80,000 / month
  • Annualized Rent: ≈$960,000
  • Effective Rent per SF: ≈$155/SF annually
  • Frontage: Wide Fifth Avenue exposure with premium signage/branding opportunity
  • Configuration: Large open floorplate adaptable for flagship retail, F&B, or showroom uses
  • Building: Mixed-use Midtown South building with strong neighborhood demand

Lease & Terms

  • Base Rent: $80,000 / month (~$155/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, real estate taxes, and obligations typical for retail leases

Market Profile

  • Location Advantage: Steps from Madison Square Park, surrounded by luxury hotels, boutique offices, and dining destinations in NoMad.
  • Transit Access: Excellent access to 28th Street (R/W, 6) and Herald Square transit hub (B/D/F/M, N/Q/R/W, PATH).
  • Neighborhood Demand: High demand from fashion/luxury brands, restaurant groups, and experiential retail concepts.
  • Competitive Advantage: Rare 6,200 SF Fifth Avenue flagship space at a competitive effective rent for Midtown South.

Summary

The 6,200 SF retail space at 290 Fifth Avenue, New York, NY 10001 is offered at $80,000/month (~$155/SF annually). With its prime Fifth Avenue frontage, large open layout, and NoMad location, this property represents a premier flagship opportunity for retail or dining operators in one of Manhattan’s most dynamic submarkets.

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