Retail

1158 Second Avenue, New York, NY 10065 – Upper East Side / Lenox Hill
Asking Rent: $30,000
Size: 800 sq ft
Use: High-End Boutique / Specialty Food & Beverage / Luxury Service Retail / Fine Jewelry / Gallery
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$450.00/sq ft/year | ~$37.50/sq ft/month

Property Overview

This 800-square-foot retail space at 1158 Second Avenue presents an ultra-premium, high-stakes opportunity on the affluent Upper East Side’s bustling Second Avenue corridor. With an asking rent of $30,000, the space commands an exceptionally high price per square foot, reflecting its position in one of Manhattan’s wealthiest residential and commercial neighborhoods. This space is designed for a luxury brand, high-end boutique, fine jewelry store, specialty food shop, or gallery that operates on high margins and caters to a discerning, high-net-worth clientele for whom location, exclusivity, and impeccable presentation are paramount.

Space Highlights

• Compact but premium 800 sq ft of prime ground-floor retail space
• Extremely high price per square foot, indicative of a luxury retail corridor with exceptional spending power
• Likely features high-end finishes, strong street visibility, and a prestigious building facade
• Ideal for a tightly curated, appointment-based or high-touch retail model where every square foot is dedicated to experience and product display
• Suitable for a turnkey luxury operation or a custom, high-design build-out

Location & Neighborhood

• Prestigious Upper East Side location on Second Avenue between 61st and 62nd Streets
• In the heart of Lenox Hill, one of New York’s most affluent residential neighborhoods
• Surrounded by luxury high-rises, top-tier medical facilities (Lenox Hill Hospital), fine dining, and designer boutiques
• Extremely high foot traffic from wealthy local residents, medical professionals, visitors, and domestic staff
• Excellent access to subway lines (N/Q/R, 4/5/6, F) at 59th Street-Lexington Avenue and 63rd Street
• Close to Bloomingdale’s, designer flagship stores on Madison Avenue, and Central Park

Summary

Offered at $30,000 per month (~$450.00/sq ft/year), this 800 sq ft retail space at 1158 Second Avenue is a trophy location for a luxury or ultra-niche business. The rent is a direct reflection of the unparalleled purchasing power of the surrounding population and the prestige of the address. This space is not for general retail; it is for an established brand or concept with a proven high-margin model—such as a luxury watch dealer, bespoke tailor, high-end artisanal food shop, or exclusive gallery—that can generate substantial revenue from a small footprint by catering to the most affluent consumers in New York City.