Retail

Prime Retail Space on Lexington Avenue – 1311-1329 Lexington Ave, Carnegie Hill / Upper East Side

Address: 1311-1329 Lexington Avenue, New York, NY, 10128
Price: $16,000/month
Square Feet: 940 SF
Type: Retail Space

Property Overview:

Located on Lexington Avenue in the prestigious Carnegie Hill neighborhood of the Upper East Side, 1311-1329 Lexington Avenue offers 940 SF of prime retail space at a competitive price point. Ideal for beauty salons, barbershops, coffee shops, small boutiques, art galleries, or service-based businesses. Situated between East 88th Street and East 89th Street, this space benefits from proximity to Central Park, Museum Mile, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Carnegie Hill / Upper East Side Location:

• Situated on Lexington Avenue, one of the Upper East Side’s premier retail corridors, known for its vibrant mix of boutiques, specialty shops, restaurants, cafes, pharmacies, and essential services.
• Located between East 88th Street and East 89th Street, in the heart of Carnegie Hill — one of the Upper East Side’s most prestigious, desirable, and family-friendly neighborhoods, known for its pre-war architecture, tree-lined streets, strong sense of community, and proximity to Central Park and Museum Mile.
• Just steps from Central Park (entrance at 86th Street and Fifth Avenue), offering 843 acres of green space, walking paths, playgrounds, and iconic attractions — generating foot traffic from joggers, dog walkers, families, and tourists.
• Minutes from Museum Mile, home to the Metropolitan Museum of Art (The Met), Guggenheim Museum, Neue Galerie, Jewish Museum, and Cooper Hewitt Smithsonian Design Museum — drawing millions of cultural visitors annually.
• Surrounded by some of New York City’s most prestigious private schools, including The Spence School, Brearley, Dalton, Chapin, and St. Bernard’s — attracting affluent families with significant spending power.
• Short walk to Madison Avenue luxury shopping (Chanel, Dior, Hermès, Prada, and more), Fifth Avenue, and Third Avenue everyday conveniences.

High-Traffic, Neighborhood-Serving Corridor:

• Lexington Avenue in Carnegie Hill is a heavily trafficked shopping destination, drawing a mix of local residents, families, dog walkers, museum visitors, private school parents, and tourists.
• The area is known for its strong daytime foot traffic from residents running errands and museum visitors, plus strong evening and weekend traffic from families and visitors to the area’s acclaimed restaurants and cafes.
• The neighborhood’s strong sense of community and loyalty to local businesses make it ideal for businesses that rely on repeat clientele and word-of-mouth referrals.

Well-Proportioned Retail Layout – 940 SF:

• 940 SF of well-proportioned retail space — ideally sized for a beauty salon, barbershop, coffee shop, small boutique, or art gallery.
• Attractive storefront with excellent street-level visibility on Lexington Avenue, a heavily trafficked corridor with constant pedestrian flow.
• Functional floor plan suitable for a coffee counter with limited seating, a salon with 2-3 stations, or a small retail boutique with curated merchandise.
• Large windows providing abundant natural light and prime window display opportunities facing Lexington Avenue’s steady foot traffic.
• At $17.02 per square foot, this represents solid value for retail space in this prime Carnegie Hill location.

Excellent Transit Access:

• Moments from the 86th Street subway station (4, 5, 6) on Lexington Avenue — a 5-minute walk — 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, Madison Avenue, and 86th Street (M1, M2, M3, M4, M5, M86-SBS, M79-SBS, M101, M102, M103).
• Convenient for Upper East Side residents, museum visitors, and commuters from across the city.

Affluent, Loyal Customer Base:

• Local residents — Carnegie Hill is home to some of New York City’s wealthiest and most established residents, including finance executives, medical professionals, lawyers, philanthropists, and families, with high disposable income and a preference for independent, high-quality, and unique local businesses.
• Museum visitors — millions of annual visitors to Museum Mile, generating foot traffic, particularly on weekends and holidays.
• Private school parents — the concentration of elite private schools in the area generates daily foot traffic from parents (many with significant disposable income).
• Central Park visitors — daily visitors to Central Park, including joggers, dog walkers, and families.
• Ideal for businesses such as:
• Beauty or nail salon
• Barbershop
• Coffee shop or cafe
• Small boutique or concept store
• Art gallery or frame shop
• Pet supply or grooming
• Flower shop
• Tutoring or test prep center
• Dental or medical office (small-format)

Highlights:
✔ 940 SF of prime retail space on Lexington Avenue in Carnegie Hill / Upper East Side
✔ $16,000/month — solid value at $17.02 per square foot
✔ Attractive storefront with excellent visibility on a high-traffic retail corridor
✔ Steps from Central Park, Museum Mile (The Met, Guggenheim), and elite private schools
✔ Functional, flexible layout perfect for salon, barbershop, coffee shop, or boutique
✔ Affluent, loyal, high-traffic local customer base plus museum visitors
✔ Excellent transit access — 4, 5, 6, Q trains and multiple bus routes

Conclusion:

1311-1329 Lexington Avenue offers an excellent opportunity for small business owners and entrepreneurs seeking prime, well-located retail space in one of Manhattan’s most prestigious and desirable neighborhoods — Carnegie Hill on the Upper East Side. With 940 SF of functional, flexible space, a prime Lexington Avenue location steps from Central Park and Museum Mile, and access to an affluent, loyal, high-traffic customer base of residents, museum visitors, and private school families, this property is perfect for beauty salons, barbershops, coffee shops, small boutiques, or art galleries looking to thrive in a neighborhood known for its elegance, culture, and strong sense of community — all at a solid value of just over $17 per square foot.

Contact us today to schedule a private tour and secure this Carnegie Hill retail space!