Retail

For Lease – 271 Fifth Avenue, New York, NY 10016

Asking Rent: $50,000 / Month
Available Unit Size: 1,800 SF Retail
Property Type: Ground-Floor Storefront Retail
Lease Type: Direct Lease
Location: NoMad / Flatiron District, Manhattan, New York

Property Overview

Welcome to 271 Fifth Avenue, a 1,800-square-foot prime ground-floor retail space available for $50,000 per month, situated in the heart of NoMad, one of Manhattan’s most dynamic and rapidly growing mixed-use neighborhoods.

Featuring wide glass frontage along Fifth Avenue, this space offers high visibility, excellent foot traffic, and modern infrastructure—perfect for luxury retail, boutique fitness, gallery, or flagship café concepts. The open layout, tall ceilings, and flexible design allow for creative build-outs and brand expression, making it ideal for tenants seeking a high-profile Midtown South presence.

Key Features

• Asking Rent: $50,000 / Month
• Available Space: 1,800 SF Retail
• Property Type: Ground-Floor Storefront Retail
• Lease Type: Direct Lease
• Frontage: Prominent glass façade on Fifth Avenue
• Ceiling Height: Approx. 14–16 FT
• Layout: Open floor plan with back-of-house storage
• Condition: Delivered white-boxed or turnkey
• Building: Prewar mixed-use building with updated systems
• Neighborhood: NoMad / Flatiron – high-end retail, dining, and hospitality corridor
• Transit Access: Steps from 28th Street (R/W and 6) subway stations; convenient to Penn Station and Madison Square Park

Market Profile

Location Advantage:
Situated between East 29th and East 30th Streets, this stretch of Fifth Avenue connects the Flatiron District to Midtown, providing unmatched exposure to tourists, residents, and office workers alike. The corridor is home to major anchors including The Ritz-Carlton NoMad, Virgin Hotel, Eataly, and The Ned NoMad, all of which sustain strong day and night activity.

Lifestyle Appeal:
NoMad is one of Manhattan’s most in-demand neighborhoods, known for its mix of boutique retail, luxury hotels, and fine dining. This energy, coupled with steady commercial and residential growth, ensures consistent retail performance.

Competitive Advantage:
At $50,000/month for 1,800 SF, this property delivers flagship-level visibility and flexibility in a thriving Midtown South retail district, offering strong brand exposure and immediate foot traffic.

Summary

The 1,800 SF retail space at 271 Fifth Avenue, New York, NY 10016, is available for lease at $50,000/month.
Combining prime Fifth Avenue frontage, modern infrastructure, and proximity to major luxury developments, this property is ideal for flagship retail, boutique fitness, or café operators seeking a prestigious Midtown South location with high visibility and steady customer flow.