Retail

1901 Lexington Avenue, New York, NY 10035 – East Harlem / Spanish Harlem (El Barrio)
Asking Rent: $25,000
Size: 1,000 sq ft
Use: Destination Restaurant / Bar / Nightlife / Experiential Retail / Flagship Store / High-Volume Café
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$300.00/sq ft/year | ~$25.00/sq ft/month

Property Overview

This 1,000-square-foot retail space at 1901 Lexington Avenue presents a high-stakes opportunity on a major north-south corridor in East Harlem. With an asking rent of $25,000, the space commands a very high price per square foot, reflecting its positioning as a potential anchor destination in a neighborhood experiencing significant commercial interest and investment. This space is designed for an ambitious restaurant group, lively bar, experiential retail concept, or flagship store with a strong brand capable of drawing patrons from across the neighborhood and beyond, capitalizing on the area’s evolving energy and cultural richness.

Space Highlights

• 1,000 sq ft of prime ground-floor retail space on Lexington Avenue
• High price per square foot indicative of a high-visibility location with significant redevelopment and destination potential
• Likely features strong street frontage, good ceiling height, and modern or adaptable infrastructure
• Suitable for a full build-out as a restaurant with kitchen and dining/bar area, or as an immersive retail environment
• Size allows for a medium-capacity dining operation or a focused, high-impact retail store

Location & Neighborhood

• Key East Harlem location on Lexington Avenue between 117th and 118th Streets
• On a primary commercial and transportation artery in the heart of Spanish Harlem (El Barrio)
• High foot traffic from a dense residential community, local commuters, and visitors to cultural landmarks
• In a neighborhood known for its rich Latino culture, community institutions, and evolving dining and nightlife scene
• Surrounded by local businesses, public housing, new developments, and historic sites
• Excellent access to subway lines (6 at 116th Street) and multiple bus lines along Lexington Avenue

Summary

Offered at $25,000 per month (~$300.00/sq ft/year), this 1,000 sq ft retail space at 1901 Lexington Avenue is a forward-looking investment in East Harlem’s commercial future. The rent reflects the space’s potential to become a destination business in a neighborhood with strong local identity and growing external interest. This space is suited for an experienced operator with a compelling concept—such as a modern Latin fusion restaurant, craft cocktail bar, or culturally resonant boutique—that aims to serve the local community while attracting visitors, positioning itself at the forefront of the area’s ongoing transformation.