Retail

Massive Retail Space on 3rd Avenue – 50-64 3rd Avenue, East Village / Greenwich Village

Address: 50-64 3rd Avenue, New York, NY, 10003
Price: $120,000/month
Square Feet: 6,125 SF
Type: Retail Space

Property Overview:

Located on 3rd Avenue at the intersection of the East Village, Greenwich Village, and NoHo — one of downtown Manhattan’s most vibrant, high-traffic, and culturally significant corridors — 50-64 3rd Avenue offers 6,125 SF of massive retail space at a competitive price for this prime location. Ideal for fitness centers (gyms, climbing walls, cycling studios), big-box retail, entertainment venues, event spaces, grocery markets, wholesale showrooms, or experiential retail concepts. Situated between East 10th Street and East 11th Street, this space benefits from proximity to NYU, Union Square, Astor Place, and some of the city’s best dining, nightlife, and transit.

Key Features:

Prime East Village / Greenwich Village / NoHo Location:

• Situated on 3rd Avenue, a major north-south thoroughfare that serves as a commercial spine connecting the East Village (east), Greenwich Village (west), and NoHo (south) — three of downtown Manhattan’s most dynamic, vibrant, and densely populated neighborhoods.
• Located between East 10th Street and East 11th Street, placing your business in the center of one of Manhattan’s highest-foot-traffic corridors, with a constant flow of NYU students, residents, professionals, and tourists.
• Just steps from Astor Place (Lafayette Street and 8th Street), Union Square (14th Street), NYU’s main campus, Washington Square Park, and St. Mark’s Place.
• Minutes from Tompkins Square Park, Webster Hall, The Public Theater, The Strand Bookstore, and countless boutiques, restaurants, bars, and music venues.
• Short walk to SoHo, NoLita, Greenwich Village, and the Lower East Side.

Massive Foot Traffic – 24/7 Downtown Hub:

• 3rd Avenue in this stretch is one of downtown Manhattan’s busiest pedestrian and vehicular corridors, drawing a constant flow of NYU students, residents, young professionals, artists, musicians, shoppers, and tourists 24/7.
• The area is a major hub for nightlife (bars, music venues, clubs), dining (restaurants from casual to upscale), shopping (boutiques, concept stores, national retailers), and culture (theaters, art galleries).
• Strong daytime foot traffic from NYU students and office workers, plus exceptionally strong evening and weekend traffic from the area’s legendary bars, restaurants, and music venues — making this a true 24/7 destination.

Expansive & Flexible Retail Layout:

• 6,125 SF of massive retail space — one of the largest available retail footprints in the East Village / Greenwich Village area, ideal for fitness centers, big-box retail, entertainment venues, grocery markets, or event spaces.
• Expansive storefront with exceptional street-level visibility on 3rd Avenue, a heavily trafficked corridor with constant pedestrian and vehicular flow.
• High ceilings and open floor plan with minimal columns, allowing for easy customization to fit various business needs — from fitness equipment and climbing walls to retail displays, grocery shelving, or stage setups.
• Large windows providing abundant natural light and prime window display opportunities facing 3rd Avenue’s constant foot traffic.
• Loading access available — ideal for grocery markets, wholesale operations, or entertainment concepts requiring frequent deliveries.
• Potential for multiple levels, back-of-house space, storage, office areas, or a kitchen depending on configuration.
• At $19.60 per square foot, this represents solid value for a 6,125 SF retail space in this prime downtown location — competitive for the neighborhood.

Excellent Transit Access:

• Moments from the Astor Place subway station (6) on Lafayette Street and the 8th Street / NYU station (N, R, W) on Broadway.
• Close to the 14th Street / Union Square station (4, 5, 6, L, N, Q, R, W) , Third Avenue station (L) , Second Avenue station (F) , and First Avenue station (L) .
• Multiple bus routes serve 3rd Avenue, 2nd Avenue, and 14th Street (M15, M101, M102, M103, M14, M8).
• Convenient for East Village, Greenwich Village, and NYU students, faculty, and staff, as well as residents and visitors from across the city and Brooklyn.

Diverse, High-Traffic Customer Base:

• NYU students, faculty, and staff — over 50,000 students, plus thousands of faculty and staff, creating consistent daily demand for food, coffee, services, fitness, and retail.
• Local residents — dense, diverse, and affluent population of the East Village, Greenwich Village, NoHo, and surrounding neighborhoods, including artists, musicians, young professionals, families, and longtime residents.
• Young professionals — drawn to the area’s vibrant nightlife, dining, and cultural scene.
• Tourists — visitors to the East Village, Greenwich Village, NoHo, SoHo, and the Lower East Side.
• Ideal for businesses such as:
• Fitness center (gym, climbing gym, cycling studio, yoga, CrossFit)
• Big-box retail or department store
• Grocery store or specialty food market
• Entertainment venue (music, comedy, theater)
• Event space or performance venue
• Wholesale showroom or design center
• Experiential retail or brand flagship
• Urgent care or medical office (large-format)
• Children’s museum or play space

Highlights:
✔ 6,125 SF of massive retail space on 3rd Avenue
✔ $120,000/month — solid value at $19.60 per square foot
✔ Expansive storefront with exceptional visibility on a major downtown corridor
✔ Steps from NYU, Astor Place, and Union Square
✔ High ceilings and open floor plan — ideal for fitness, big-box retail, entertainment, or market
✔ Strong, diverse, 24/7 foot traffic — students, residents, young professionals, artists, and tourists
✔ Surrounded by the East Village, Greenwich Village, NoHo, and SoHo
✔ Excellent transit access — 6, N, R, W, L, F, 4, 5, Q trains and multiple bus routes

Conclusion:

50-64 3rd Avenue offers an exceptional opportunity for businesses seeking massive, large-format retail space in the heart of downtown Manhattan — at the intersection of the East Village, Greenwich Village, and NoHo, one of the city’s most vibrant, high-traffic, and culturally significant corridors. With 6,125 SF of flexible, high-ceiling space, a prime 3rd Avenue location steps from NYU, Astor Place, and Union Square, and access to a diverse, high-energy, 24/7 customer base of students, residents, young professionals, artists, and tourists, this property is perfect for fitness centers, big-box retail, entertainment venues, grocery markets, or experiential concepts looking to thrive in one of New York City’s most dynamic neighborhoods.

Contact us today to schedule a private tour and secure this premier downtown retail space!