Retail

149–151 Essex Street

Lower East Side – New York, NY 10002
Rent: $15,000/month
Size: 16,500 SF
Property Type: Retail

Property Description

Located at 149–151 Essex Street in the heart of the Lower East Side, this 16,500-square-foot retail space offers a rare large-scale opportunity in one of Manhattan’s most energetic and fast-evolving neighborhoods. Surrounded by residential buildings, destination dining, nightlife, and neighborhood retail, the location benefits from strong daily foot traffic and a highly active downtown customer base.

The size of the space works like a full-scale commercial platform, giving tenants the flexibility to create a flagship retail environment, specialty market, fitness concept, entertainment venue, showroom, or experiential destination. With substantial square footage, the property can support expansive customer areas, multiple departments, storage, private rooms, and significant back-of-house operations.

Its Essex Street location places the business in a corridor known for culture, creativity, and constant neighborhood movement, making it highly attractive for brands seeking visibility and scale in Lower Manhattan.

Key Highlights

• 16,500 SF retail space
• Prime Lower East Side / Essex Street location
• Rare large-format retail footprint
• Ideal for flagship retail, fitness, showroom, market, entertainment, or experiential use
• Surrounded by restaurants, residential buildings, nightlife, and neighborhood traffic

Quick Economics Snapshot

• Annual Rent: $15,000 × 12 = $180,000/year
• Annual Rent per SF: $180,000 ÷ 16,500 = about $10.91/SF/year
• Monthly Rent per SF: $15,000 ÷ 16,500 = about $0.91/SF/month

Summary

149–151 Essex Street offers a 16,500 SF Lower East Side retail opportunity that feels like a major commercial canvas in one of downtown Manhattan’s most vibrant neighborhoods — expansive, flexible, and well suited for a destination-style business seeking scale and visibility.