Retail

70 University Place, New York, NY 10003

Asking Rent: $40,000 / Month
Space Size: 1,800 SF
Property Type: Ground-Floor Retail / Boutique Commercial
Location: Greenwich Village / Union Square, Manhattan

Property Overview

Welcome to 70 University Place, a high-profile 1,800-square-foot ground-floor retail space perfectly positioned between Union Square and Washington Square Park, in the heart of Greenwich Village. This prime location offers exceptional daily foot traffic, prestigious co-tenancy, and unbeatable visibility for boutique retailers, luxury service brands, or hospitality concepts.

The property features a full-glass storefront with prominent signage opportunities, an open and efficient interior layout, and modern building systems. Surrounded by a dynamic blend of residential, educational, and commercial density, this space delivers the ideal combination of exposure, accessibility, and neighborhood charm that defines Lower Manhattan’s most sought-after retail districts.

Key Features

• Size: 1,800 SF
• Monthly Rent: $40,000
• Frontage: Expansive glass façade with strong University Place visibility
• Ceiling Height: Approx. 12 ft
• Layout: Open-plan configuration with rear prep/storage area
• Condition: White-boxed / turnkey
• HVAC: Central air
• Restroom: Private
• Access: Direct street-level entrance
• Zoning: Retail / Food / Boutique commercial use

Highlights

• Prime location on University Place, connecting Union Square, East 14th Street, and Washington Square Park
• Surrounded by major anchors including Whole Foods Market, NYU, Equinox, and Paragon Sports
• Steps from NYU’s main campus, ensuring constant foot traffic from students and professionals
• Ideal for boutique retail, gallery, café, salon, or lifestyle brand
• Excellent public transit via N/R/W, L, 4/5/6 and A/C/E, B/D/F/M lines
• Strong seven-day pedestrian activity and high daytime population density

Financial Details

• Asking Rent: $40,000 / Month
• Size: 1,800 SF
• Lease Type: Direct
• Term: Negotiable
• Possession: Immediate

Neighborhood & Location

Located in Greenwich Village, one of Manhattan’s most recognizable and culturally rich neighborhoods, 70 University Place benefits from unmatched exposure and steady consumer flow. The area blends NYU’s academic core, boutique retailers, upscale residences, and creative businesses, creating a balanced environment for commerce and lifestyle.

Nearby destinations include:

• Union Square Park & Greenmarket
• Washington Square Park
• NYU & The New School
• Eataly Flatiron & Whole Foods Union Square
• Broadway & Fifth Avenue Retail Corridors

Summary

70 University Place presents an exceptional opportunity to lease 1,800 square feet of premium retail frontage in one of Downtown Manhattan’s most desirable and trafficked neighborhoods. With its central location, refined presentation, and adaptable layout, this property is ideal for brands seeking a flagship-level presence in Greenwich Village.