Retail

Prime Retail Space on 57th Street – 151 E 57th Street, Midtown / Plaza District

Address: 151 E 57th Street, New York, NY, 10022
Price: $50,000/month
Square Feet: 3,000 SF
Type: Retail Space

Property Overview:

Located on East 57th Street — one of Manhattan’s most prestigious and heavily trafficked luxury retail corridors, often referred to as “Billionaires’ Row” — 151 E 57th Street offers 3,000 SF of prime retail space at a competitive price point for this world-class location. Ideal for luxury fashion flagships, designer showrooms, prestige beauty concept stores, high-end jewelry showrooms, art galleries, or experiential retail concepts. Situated between Lexington Avenue and Third Avenue, this space benefits from proximity to Bloomingdale’s, Central Park, Fifth Avenue luxury shopping, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime 57th Street / Billionaires’ Row Location:

• Situated on East 57th Street, one of Manhattan’s most prestigious and iconic luxury retail and residential corridors, known as “Billionaires’ Row” due to the concentration of super-luxury residential towers and flagship retail.
• Located between Lexington Avenue and Third Avenue, placing your business at the epicenter of Midtown’s luxury retail and corporate district.
• Just steps from Bloomingdale’s flagship store (59th Street and Lexington Avenue), a world-famous luxury department store that has been a New York institution for over 150 years.
• Minutes from Central Park (entrance at 59th Street and Fifth Avenue), Fifth Avenue luxury shopping (Bergdorf Goodman, Tiffany & Co., Cartier, Chanel, Dior, Louis Vuitton), The Plaza Hotel, and Billionaires’ Row (57th Street).
• Short walk to Rockefeller Center, St. Patrick’s Cathedral, Radio City Music Hall, and Saks Fifth Avenue.

Prime Luxury Retail Corridor:

• 57th Street between Fifth Avenue and Third Avenue is one of the world’s most desirable luxury retail corridors, home to flagship stores and showrooms for prestigious brands across fashion, jewelry, beauty, and design.
• The area attracts a high-spending, sophisticated, international clientele — including tourists, corporate executives, celebrities, and wealthy local residents.
• Bloomingdale’s (just north) acts as a powerful anchor, drawing thousands of daily shoppers who walk along 57th Street and Lexington Avenue.

Spacious & High-Visibility Retail Layout:

• 3,000 SF of generous retail space — ideally sized for a luxury flagship store, designer showroom, beauty concept store, jewelry showroom, art gallery, or experiential retail concept.
• Attractive storefront with excellent street-level visibility on East 57th Street, a high-traffic corridor with constant pedestrian and vehicular flow from luxury shoppers, commuters, and tourists.
• High ceilings and open floor plan with minimal columns, allowing for dramatic merchandising, luxury displays, or custom build-outs.
• Large windows providing abundant natural light and prime window display opportunities facing 57th Street’s steady foot traffic.
• At $16.66 per square foot, this represents solid value for retail space on this prestigious 57th Street corridor — competitive for the location.

Excellent Transit Access:

• Moments from the Lexington Avenue / 59th Street subway station (4, 5, 6, N, R, W) , one of Manhattan’s busiest and most convenient transit hubs.
• Close to the 57th Street station (F, Q) , Fifth Avenue / 59th Street station (N, R, W) , and Lexington Avenue / 53rd Street station (E, M) .
• Short walk to Grand Central Terminal (4, 5, 6, 7, S) , providing direct access to Metro-North Railroad and multiple subway lines.
• Multiple bus routes serve Fifth Avenue, Madison Avenue, and 57th Street (M1, M2, M3, M4, M5, M31, M57, M101, M102, M103, Q32).
• Unbeatable commuter convenience for employees and customers from all five boroughs, Westchester, Long Island, New Jersey, and Connecticut.

Affluent, High-Spending Customer Base:

• Luxury shoppers — the area attracts a high-spending, sophisticated, international clientele, including tourists, corporate executives, celebrities, and wealthy local residents.
• Office workers — thousands of professionals employed in nearby Midtown office towers.
• Bloomingdale’s shoppers — thousands of daily shoppers at the iconic department store.
• Residents — wealthy residents of Billionaires’ Row and the Upper East Side.
• Ideal for businesses such as:
• Luxury fashion or accessories flagship (apparel, handbags, shoes)
• Designer showroom
• Prestige beauty or fragrance concept store
• High-end jewelry or watch showroom
• Contemporary art gallery
• Experiential retail or brand flagship
• Luxury home fragrance or apothecary
• Sunglass or eyewear boutique

Highlights:
✔ 3,000 SF of prime retail space on East 57th Street (Billionaires’ Row)
✔ $50,000/month — solid value at $16.66 per square foot
✔ Attractive storefront with excellent visibility on a prestigious luxury corridor
✔ Steps from Bloomingdale’s, Central Park, and Fifth Avenue luxury shopping
✔ High ceilings and open floor plan for dramatic luxury merchandising
✔ Surrounded by luxury flagships, corporate headquarters, and five-star hotels
✔ Massive foot traffic — affluent shoppers, tourists, office workers, and residents
✔ Unbeatable transit access — 4, 5, 6, N, R, W, F, Q, E, M trains, Grand Central

Conclusion:

151 E 57th Street offers an excellent opportunity for luxury brands, prestige retailers, and discerning businesses seeking prime retail space on one of Manhattan’s most prestigious and heavily trafficked luxury corridors — 57th Street in the Plaza District. With 3,000 SF of flexible, high-ceiling space, a prime location steps from Bloomingdale’s, Central Park, and Fifth Avenue luxury shopping, and access to a massive, high-spending, sophisticated customer base of luxury shoppers, tourists, corporate executives, and wealthy residents, this property is perfect for luxury fashion flagships, designer showrooms, prestige beauty concept stores, high-end jewelry showrooms, or art galleries looking to establish or expand their presence in the heart of New York City’s luxury retail epicenter — all at a solid value of under $17 per square foot.

Contact us today to schedule a private tour and secure this premier 57th Street retail space!