Retail

Retail Space on East 86th Street – 123 E 86th Street, Yorkville / Carnegie Hill

Address: 123 East 86th Street, New York, NY, 10028
Price: $27,000/month
Square Feet: 2,325 SF
Type: Retail Space

Property Overview:

Located on East 86th Street in the desirable Yorkville / Carnegie Hill neighborhood of the Upper East Side, 123 E 86th Street offers 2,325 SF of spacious retail space at a competitive price point. Ideal for medical and dental practices, physical therapy clinics, urgent care centers, pharmacies, fitness studios, beauty salons, specialty food markets, or service-based businesses. Situated between Lexington Avenue and Third Avenue, this space benefits from proximity to Carl Schurz Park, the East River waterfront, major hospitals, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Yorkville / Carnegie Hill / Upper East Side Location:

• Situated on East 86th Street, one of the Upper East Side’s busiest and most vibrant commercial corridors, known for its mix of boutiques, restaurants, cafes, pharmacies, grocery stores, and essential services — all anchored by the nearby 86th Street subway station (4, 5, 6) , one of Manhattan’s busiest transit hubs.
• Located between Lexington Avenue and Third Avenue, placing your business in a high-traffic corridor with constant foot traffic from local residents, families, commuters, and shoppers.
• Just steps from Carl Schurz Park (86th-90th Streets along the East River), a beloved waterfront green space featuring walking paths, playgrounds, dog runs, and stunning East River views — home to Gracie Mansion (the official residence of the Mayor of New York City).
• Minutes from the East River Promenade, offering beautiful waterfront walking, running, and biking paths with stunning views of the Queensboro Bridge, Roosevelt Island, and Long Island City.
• Close to Gracie Mansion, Asphalt Green (a community fitness and sports center at 91st Street and York Avenue), and John Jay Park.

High-Traffic, Neighborhood-Serving Corridor:

• East 86th Street between Lexington and Third Avenues is a heavily trafficked commercial corridor, drawing a mix of local residents, families, commuters, dog walkers, medical professionals, fitness enthusiasts, and shoppers.
• The 86th Street subway station (4, 5, 6) is one of Manhattan’s busiest transit hubs, generating tens of thousands of daily commuters who walk along 86th Street.
• The area is known for its strong daytime foot traffic from residents running errands and commuters, plus strong evening and weekend traffic from families, dog walkers, and visitors to Carl Schurz Park and local restaurants.

Spacious & Flexible Retail Layout:

• 2,325 SF of generous retail space — ideally sized for a medical or dental practice, physical therapy clinic, urgent care center, pharmacy, fitness studio, beauty salon, or specialty food market.
• Attractive storefront with excellent street-level visibility on East 86th Street, a busy corridor with constant pedestrian and vehicular flow.
• Functional floor plan suitable for exam rooms and reception area (medical practice), retail displays and checkout (pharmacy/market), fitness equipment and studio space (gym), or service stations (salon).
• Large windows providing abundant natural light — a valuable feature for patient-facing medical practices and wellness studios.
• Potential for back-of-house space, storage, or office areas depending on configuration.
• At $11.61 per square foot, this represents solid value for retail space in this prime Upper East Side location.

Excellent Transit Access:

• Moments from the 86th Street subway station (4, 5, 6) on Lexington Avenue — one of Manhattan’s busiest and most convenient transit hubs — providing direct access to the entire East Side of Manhattan and Grand Central Terminal.
• Short walk to the 86th Street station (Q) on Second Avenue, providing access to the Second Avenue Subway.
• Multiple bus routes serve Lexington Avenue, Third Avenue, and 86th Street (M15, M31, M79-SBS, M86-SBS, M101, M102, M103).
• Convenient for Upper East Side residents, medical professionals, hospital employees, patients, families, and commuters from all five boroughs, Westchester, and Long Island.

Affluent, High-Demand Customer Base:

• Local residents — Yorkville and Carnegie Hill are home to some of New York City’s wealthiest and most established residents, including finance executives, medical professionals, lawyers, philanthropists, and families.
• Medical professionals and patients — proximity to world-class hospitals (Weill Cornell, NY-Presbyterian, HSS, MSK) creates consistent demand for medical practices, urgent care, physical therapy, pharmacies, and patient-serving retail.
• Commuters — tens of thousands of daily commuters passing through the 86th Street subway station.
• Carl Schurz Park visitors — daily visitors to the park, including dog walkers, families, and joggers.
• Asphalt Green members — thousands of fitness enthusiasts who visit the community fitness center daily, generating demand for fitness and wellness-related retail.
• Ideal for businesses such as:
• Medical or dental practice (primary care, pediatrics, dermatology, dentistry, orthodontics)
• Urgent care or walk-in clinic
• Physical therapy or rehabilitation center
• Pharmacy or drugstore
• Boutique fitness or yoga studio
• Beauty or nail salon
• Specialty food market or grocery
• Pet supply or grooming
• Coffee shop or cafe (patient and staff-friendly)

Highlights:
✔ 2,325 SF of spacious retail space on East 86th Street in Yorkville / Carnegie Hill
✔ $27,000/month — solid value at $11.61 per square foot
✔ Attractive storefront with excellent visibility on a busy Upper East Side corridor
✔ Steps from the 86th Street subway station (4, 5, 6) — one of Manhattan’s busiest transit hubs
✔ Close to Carl Schurz Park, Asphalt Green, and world-class hospitals
✔ 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
✔ Affluent, loyal, high-demand customer base — residents, commuters, medical professionals, and park visitors
✔ Excellent transit access — 4, 5, 6, Q trains and multiple bus routes

Conclusion:

123 E 86th Street offers a prime opportunity for healthcare providers, fitness operators, and small business owners seeking spacious, well-located retail space on one of the Upper East Side’s busiest commercial corridors — East 86th Street, steps from the 86th Street subway station (4, 5, 6). With 2,325 SF of functional, flexible space, a prime location in the heart of Yorkville/Carnegie Hill, and access to an affluent, loyal, high-demand customer base of residents, commuters, medical professionals, patients, and park visitors, this property is perfect for medical and dental practices, urgent care centers, physical therapy clinics, pharmacies, or fitness studios looking to thrive in one of Manhattan’s most prestigious residential neighborhoods — all at a solid value of under $12 per square foot.

Contact us today to schedule a private tour and secure this premier Upper East Side retail space!