Retail

Retail Space on East 28th Street – 127 E 28th Street, NoMad / Kips Bay

Address: 127 E 28th Street, New York, NY, 10016
Price: $18,000/month
Square Feet: 1,700 SF
Type: Retail Space

Property Overview:

Located on East 28th Street at the intersection of NoMad, Kips Bay, and Murray Hill — three of Midtown’s most convenient and centrally located neighborhoods — 127 E 28th Street offers 1,700 SF of retail space at a competitive price point. Ideal for medical and dental practices, urgent care centers, pharmacies, fitness studios, specialty food markets, art galleries, or service-based businesses. Situated between Lexington Avenue and Third Avenue, this space benefits from proximity to major medical institutions, Madison Square Park, public transit, and a dense residential and professional population.

Key Features:

Prime NoMad / Kips Bay / Murray Hill Location:

• Situated on East 28th Street, a quiet, tree-lined residential block in the heart of NoMad / Kips Bay / Murray Hill — three of Midtown’s most convenient, centrally located, and desirable neighborhoods, known for their pre-war architecture, strong sense of community, and excellent transit access.
• Located between Lexington Avenue and Third Avenue, placing your business in the center of a densely populated residential and professional corridor with strong daytime and evening foot traffic.
• Just steps from Madison Square Park (23rd-26th Streets between Fifth and Madison Avenues), a beloved neighborhood hub featuring Shake Shack, Eataly, seasonal events, and beautiful green space — generating strong foot traffic from office workers, residents, and tourists.
• Minutes from Gramercy Park, Union Square (14th Street), NoMad, Chelsea, Flatiron District, and Koreatown (32nd Street).
• Close to Bellevue Hospital, NYU Langone Medical Center, and Hunter College — ideal for medical professionals and academics.
• Surrounded by a vibrant mix of boutique fitness studios, restaurants and cafés, grocery stores (Trader Joe’s, Whole Foods, Fairway), retail, and nightlife.

Medical & Institutional Proximity:

• Located within easy reach of several major medical institutions:
• NYU Langone Medical Center
• Bellevue Hospital
• VA NY Harbor Healthcare System
• Hospital for Joint Diseases (NYU Langone Orthopedic)
• This concentration of world-class hospitals creates consistent demand for medical and dental practices, urgent care centers, pharmacies, physical therapy clinics, and patient-serving retail (e.g., delis, coffee shops, gift stores, florists).

Spacious & Flexible Retail Layout:

• 1,700 SF of well-proportioned retail space — suitable for a medical practice, urgent care center, pharmacy, fitness studio, specialty food market, art gallery, or service-based business.
• Attractive storefront with good street-level visibility on East 28th Street, a quiet but convenient residential block with steady local foot traffic.
• Functional floor plan suitable for exam rooms and reception area (medical practice), retail displays and checkout (market), or fitness equipment and studio space (gym).
• Large windows providing abundant natural light — a valuable feature for patient-facing medical practices and wellness studios.
• Potential for back-of-house space, kitchen, storage, or office areas depending on configuration.
• At $10.59 per square foot, this represents solid value for retail space in this convenient Midtown location.

Excellent Transit Access:

• Moments from the 28th Street subway station (N, Q, R, W) on Broadway and the 28th Street station (1) on Seventh Avenue.
• Close to the 23rd Street station (N, Q, R, W, C, E) , 33rd Street station (6) , and Herald Square / 34th Street station (B, D, F, M, N, Q, R, W) .
• Short walk to Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
• Multiple bus routes serve Lexington Avenue, Third Avenue, and 23rd/28th Streets (M1, M2, M3, M7, M23, M101, M102, M103, M34-SBS).
• Convenient for employees, patients, and customers from across the city, Brooklyn, Queens, New Jersey, Long Island, and Westchester.

Diverse, High-Demand Customer Base:

• Local residents — dense residential population of NoMad, Kips Bay, Murray Hill, and Gramercy Park, including young professionals, families, medical professionals, and longtime residents.
• Medical professionals and patients — proximity to major hospitals (NYU Langone, Bellevue, VA) creates consistent demand for medical practices, urgent care, pharmacies, and patient-serving retail.
• Office workers — thousands of professionals employed in nearby corporate offices, tech companies, and creative agencies.
• Students — Hunter College students and faculty bring additional foot traffic.
• Ideal for businesses such as:
• Medical or dental practice (primary care, pediatrics, dermatology, dentistry, orthodontics, ophthalmology)
• Urgent care or walk-in clinic
• Physical therapy or rehabilitation center
• Pharmacy or drugstore
• Boutique fitness or yoga studio
• Specialty food market or grocery
• Art gallery or frame shop
• Beauty or nail salon
• Pet supply or grooming
• Coffee shop or café

Highlights:
✔ 1,700 SF of retail space in NoMad / Kips Bay / Murray Hill
✔ $18,000/month — solid value at $10.59 per square foot
✔ Attractive storefront on a quiet, tree-lined residential block
✔ Steps from Madison Square Park, Gramercy Park, and Union Square
✔ Walking distance to NYU Langone, Bellevue Hospital, and Hunter College
✔ Ideal for medical/dental practice, urgent care, pharmacy, or fitness studio
✔ Functional layout with potential for exam rooms, reception, and storage
✔ Large windows with abundant natural light
✔ Excellent transit access — N, Q, R, W, 1, 6, B, D, F, M, C, E trains, plus Penn Station

Conclusion:

127 E 28th Street offers an excellent opportunity for healthcare providers, fitness operators, and small business owners seeking well-located retail space in one of Midtown’s most convenient and centrally located neighborhoods — at the crossroads of NoMad, Kips Bay, and Murray Hill. With 1,700 SF of flexible, practical space, a prime location steps from Madison Square Park and within walking distance of major medical institutions, and access to a dense, diverse customer base of residents, medical professionals, office workers, and students, this property is perfect for medical and dental practices, urgent care centers, pharmacies, fitness studios, or specialty food markets looking to thrive in a neighborhood with strong community ties, excellent transit, and consistent demand for essential services.

Contact us today to schedule a private tour and secure this convenient Midtown retail space!