Retail

Here is the description for 84 2nd Avenue, following the established template:

84 2nd Avenue, New York, NY 10003 – East Village / NoHo
Asking Rent: $40,000
Size: 2,900 sq ft
Use: Retail / Restaurant / Bar / Nightlife / Creative Commercial
Lease Type: Commercial Lease
Price per Sq Ft: ~$13.79/sq ft/year | ~$1.15/sq ft/month

Property Overview

This 2,900-square-foot commercial space at 84 2nd Avenue presents a high-traffic ground-floor opportunity in the heart of Manhattan’s legendary East Village. With an asking rent of $40,000, the space commands a premium that reflects its prime position on a major downtown thoroughfare, known for its dense residential population, vibrant nightlife, and constant pedestrian energy. This space is ideal for an established restaurant group, high-volume bar, experiential retail concept, or entertainment venue seeking to capitalize on one of the city’s most dynamic and destination-driven neighborhoods.

Space Highlights

• Sprawling 2,900 sq ft of prime ground-floor retail/restaurant space
• High-visibility corner or storefront location on Second Avenue, a major north-south artery
• High price per square foot reflects maximum revenue potential from dense foot traffic and nightlife activity
• Likely requires a significant build-out for kitchen, bar, or retail layout, offering a blank canvas for a strong concept
• Suitable for an operator with a proven, high-margin business model in food & beverage or nightlife

Location & Neighborhood

• Iconic East Village location at the intersection of 2nd Avenue and 5th Street
• In the epicenter of downtown nightlife, dining, and youth culture, surrounded by bars, restaurants, and music venues
• Extremely high foot traffic from a massive local residential base, NYU students, tourists, and nightlife seekers
• Adjacent to NoHo and Greenwich Village, drawing from a wide demographic
• Excellent access to subway lines (6 at Astor Place; N/R/W at 8th St-NYU; F at 2nd Ave)
• Located in a historic and perennially popular district known for its energy and authenticity

Summary

Offered at $40,000 (~$13.79/sq ft/year), this 2,900 sq ft commercial space at 84 2nd Avenue is a strategic investment for an experienced operator with a powerful concept. The rent is justified by the space’s unparalleled access to one of the densest and most active consumer markets in New York City. This is not a space for a startup, but for a business ready to leverage a high-profile location to generate significant nightly volume, making it ideal for a destination restaurant, flagship retail store, or premier nightlife venue that can become a neighborhood anchor.