Retail

Retail Space on Fourth Avenue – 61 Fourth Ave, East Village / Greenwich Village

Address: 61 Fourth Avenue, New York, NY, 10003
Price: $25,000/month
Square Feet: 2,450 SF
Type: Retail Space

Property Overview:

Located on Fourth Avenue at the intersection of the East Village, Greenwich Village, and NoHo — three of downtown Manhattan’s most vibrant, dynamic, and culturally rich neighborhoods — 61 Fourth Avenue offers 2,450 SF of spacious retail space at a competitive price point. Ideal for fitness centers, restaurants, art galleries, showrooms, specialty food markets, or service-based businesses. Situated between East 9th Street and East 10th Street, this space benefits from proximity to NYU, Astor Place, Union Square, and some of the city’s best dining, nightlife, and transit.

Key Features:

Prime East Village / Greenwich Village / NoHo Location:

• Situated on Fourth Avenue, a major downtown thoroughfare that serves as a connective artery between the East Village (east), Greenwich Village (west), and NoHo (south) — three of downtown Manhattan’s most vibrant, dynamic, and culturally rich neighborhoods.
• Located between East 9th Street and East 10th Street, placing your business in a high-traffic corridor with constant pedestrian flow from local residents, NYU students, artists, professionals, and tourists.
• Just steps from Astor Place (Lafayette Street and 8th Street) — one of downtown Manhattan’s most iconic public spaces, known for its cube sculpture, subway station, and vibrant energy.
• Minutes from Union Square (14th Street) — one of Manhattan’s most beloved public spaces, featuring the famous Greenmarket farmers’ market (Mondays, Wednesdays, Fridays, and Saturdays), seasonal holiday markets, concerts, and festivals.
• Close to NYU’s main campus (over 50,000 students, faculty, and staff), Washington Square Park, St. Mark’s Place, The Strand Bookstore, and Webster Hall.

High-Traffic, 24/7 Downtown Hub:

• Fourth Avenue at Astor Place is one of downtown Manhattan’s busiest pedestrian corridors, drawing a constant flow of NYU students, faculty, staff, residents, professionals, tourists, shoppers, and commuters.
• NYU has over 50,000 students and 15,000 faculty/staff, many of whom live, study, and work within blocks of this location — creating consistent daily demand for food, services, fitness, and retail.
• Astor Place is a major transit hub and gathering place, drawing thousands of daily commuters and visitors.
• Union Square and Washington Square Park are just minutes away, generating additional foot traffic from park visitors, Greenmarket shoppers, and tourists.

Spacious & Flexible Retail Layout – 2,450 SF:

• 2,450 SF of generous retail space — ideally sized for a fitness center, restaurant, art gallery, showroom, specialty food market, or service-based business.
• Attractive storefront with excellent street-level visibility on Fourth Avenue, a busy downtown corridor with constant pedestrian flow.
• High ceilings and open floor plan with minimal columns, allowing for easy customization to fit various business needs — from fitness equipment and dining room layouts to retail displays and art installations.
• Large windows providing abundant natural light and prime window display opportunities facing Fourth Avenue’s steady foot traffic.
• Potential for back-of-house space, storage, office areas, or a kitchen depending on configuration.
• At $10.20 per square foot, this represents solid value for retail space in this prime downtown location.

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) , West 4th Street station (A, B, C, D, E, F, M) , and 2nd Avenue station (F) .
• Short walk to the PATH train at 9th Street (service to Hoboken) and 14th Street (service to Hoboken and Jersey City).
• Multiple bus routes serve Broadway, Lafayette Street, and 8th Street (M1, M2, M3, M5, M8, M55, M103).
• Convenient for employees, customers, and clients from across the city, Brooklyn, Queens, and New Jersey.

Vibrant, High-Energy 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 — diverse community of the East Village, Greenwich Village, NoHo, and surrounding neighborhoods, including young professionals, families, artists, writers, and longtime residents.
• Union Square and Washington Square Park visitors — thousands of daily visitors to these iconic public spaces.
• Astor Place commuters and visitors — thousands of daily commuters and visitors to this iconic downtown hub.
• Tourists — visitors to Greenwich Village, NoHo, SoHo, and NYU.
• Ideal for businesses such as:
• Fitness center (gym, yoga, Pilates, cycling, CrossFit)
• Full-service restaurant or café
• Art gallery or exhibition space
• Showroom or design studio (fashion, home, tech)
• Specialty food market or grocery
• Entertainment venue or music club
• Beauty salon or spa

Highlights:
✔ 2,450 SF of spacious retail space on Fourth Avenue at Astor Place
✔ $25,000/month — solid value at $10.20 per square foot
✔ Attractive storefront with excellent visibility on a historic downtown corridor
✔ Steps from NYU, Astor Place, Union Square, and Washington Square Park
✔ High ceilings and open floor plan — ideal for fitness, restaurant, gallery, or showroom
✔ Strong, diverse, 24/7 foot traffic — students, residents, professionals, and tourists
✔ Excellent transit access — 6, N, R, W, 4, 5, L, Q, A, B, C, D, E, F, M, 1 trains, PATH

Conclusion:

61 Fourth Avenue offers an excellent opportunity for fitness operators, restaurateurs, art dealers, and retailers seeking spacious, well-located retail space in the heart of downtown Manhattan — at the dynamic intersection of the East Village, Greenwich Village, and NoHo, steps from NYU, Astor Place, and Union Square. With 2,450 SF of flexible, high-ceiling space, a prime Fourth Avenue location in one of downtown’s most vibrant and heavily trafficked corridors, and access to a diverse, high-energy, 24/7 customer base of students, residents, professionals, and tourists, this property is perfect for fitness centers, restaurants, art galleries, showrooms, or specialty food markets looking to thrive in one of New York City’s most dynamic and culturally rich neighborhoods — all at a solid value of just over $10 per square foot.

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