Retail

For Lease – 31 East 31st Street, New York, NY 10016

Asking Rent: $10,000/Month
Unit Size: 350 SF
Property Type: Retail
Lease Type: Direct
Location: NoMad / Midtown South, Manhattan, New York

Property Overview

31 East 31st Street offers a 350 SF boutique storefront in NoMad, one of Manhattan’s fastest-growing neighborhoods for hospitality, dining, and luxury living. With a compact footprint, this space is ideally suited for specialty retailers, coffee bars, grab-and-go food concepts, or service-oriented tenants seeking a high-visibility address with manageable overhead.

Positioned between Park Avenue South and Madison Avenue, the property benefits from strong pedestrian traffic, proximity to boutique hotels, and an influx of residents drawn to NoMad’s upscale developments and lifestyle amenities.

Key Features

• Asking Rent: $10,000/Month
• Size: 350 SF
• Property Type: Retail
• Frontage: Glass storefront with excellent visibility to pedestrians and local traffic
• Layout: Compact, efficient design ideal for small-format concepts
• Transit Access: Steps from 33rd Street (6 line) and walking distance to Herald Square and Penn Station
• Neighborhood Profile: Surrounded by boutique hotels, luxury rentals, high-end dining, and nightlife in NoMad and Midtown South

Market Profile

Location Advantage: NoMad has quickly evolved into one of New York City’s most dynamic live-work-play neighborhoods, with world-class hotels, luxury apartments, and a growing office presence.

Lifestyle Appeal: The area draws young professionals, tourists, and residents who value convenience and trend-forward retail and dining.

Competitive Advantage: At $10,000/month for 350 SF, this storefront offers an affordable entry point into a premium submarket, perfect for operators testing concepts or expanding into Midtown South.

Summary

The 350 SF retail space at 31 East 31st Street, New York, NY 10016 presents a unique opportunity to secure a NoMad storefront at an accessible price point. Priced at $10,000/month, it delivers strong visibility, steady foot traffic, and proximity to hotels, offices, and luxury residences—making it an ideal choice for boutique and specialty operators.