Retail

Retail Space in the Lower East Side – 147 Allen Street

Address: 147 Allen Street, New York, NY, 10002
Price: $6,600/month
Square Feet: 850 SF
Type: Retail Space

Property Overview:

Located on Allen Street in the heart of the Lower East Side — one of downtown Manhattan’s most vibrant, trend-driven, and culturally rich neighborhoods — 147 Allen Street offers 850 SF of retail space at a competitive price point. The building is a 6-story walk-up originally constructed in 1900, containing 20 residential units and approximately 850 SF of commercial space . Ideal for boutiques, coffee shops, art galleries, beauty salons, or service-based businesses.

Key Features:

Prime Lower East Side / Allen Street Location:

• Allen Street is a major north-south corridor that runs through the Lower East Side and Chinatown, connecting Houston Street (north) to South Street (south)
• Located near the intersection with Houston Street and close to Delancey Street, ensuring steady pedestrian traffic from locals, commuters, and visitors
• The area is surrounded by a dynamic mix of boutique retail, trendy cafés, art galleries, nightlife destinations, and creative businesses

High-Traffic, 24/7 Neighborhood:

• The Lower East Side is a vibrant destination attracting a young, creative, fashion-forward, and high-spending clientele — including young professionals, artists, NYU students, and tourists
• Steps from Sara D. Roosevelt Park and close to Chinatown, SoHo, NoLita, and the East River Waterfront
• The area’s independent, anti-chain ethos makes it ideal for unique, locally-owned businesses

Well-Proportioned Retail Layout – 850 SF:

• 850 SF of flexible retail space — ideally sized for a boutique, coffee shop, art gallery, or service-based business
• Located within a 20-unit residential building with a 3,300 sq ft lot, offering a built-in residential customer base
• Attractive storefront with good street-level visibility on Allen Street, a heavily trafficked downtown corridor
• Functional floor plan suitable for retail displays, service stations, or limited seating
• At $7.76 per square foot, this represents solid value for retail space in this prime Lower East Side location

Excellent Transit Access:

• Moments from the Delancey Street / Essex Street subway station (F, M, J, Z) and Grand Street station (B, D) — providing direct connections to Midtown, Brooklyn, and Queens
• Close to the Second Avenue station (F) on Houston Street
• Multiple bus routes serve Allen Street and nearby avenues (M9, M15, M14, M21, B39)
• Short walk to the Williamsburg Bridge, providing easy access for pedestrians, cyclists, and drivers coming from Brooklyn

Diverse, High-Traffic Customer Base:

• Local residents — dense population of the Lower East Side and Chinatown, including young professionals, families, and longtime residents
• Visitors and tourists — drawn to the area’s nightlife, dining, cultural attractions, and independent retail
• Commuters — pedestrians and cyclists passing through on their way to/from the Williamsburg Bridge and nearby subway stations
• Ideal for businesses such as:
• Independent boutique or concept store (apparel, accessories, vintage)
• Coffee shop or cafe
• Art gallery or frame shop
• Beauty or nail salon
• Tattoo or piercing studio
• Specialty food, chocolate, or wine shop

Highlights:
✔ 850 SF of retail space on Allen Street in the Lower East Side
✔ $6,600/month — solid value at $7.76 per square foot
✔ Attractive storefront with good visibility on a busy downtown corridor
✔ Steps from Delancey Street, Houston Street, and Williamsburg Bridge
✔ Functional, flexible layout perfect for boutique, coffee shop, salon, or gallery
✔ Strong foot traffic — residents, commuters, and visitors
✔ Excellent transit access — F, M, J, Z, B, D trains and multiple bus routes

Conclusion:

147 Allen Street offers a solid opportunity for small business owners and entrepreneurs seeking well-located, affordable retail space in the heart of the Lower East Side — one of downtown Manhattan’s most vibrant, trend-driven, and culturally rich neighborhoods. With 850 SF of functional, flexible space, a prime Allen Street location steps from Delancey Street and the Williamsburg Bridge, and access to a diverse, high-traffic customer base of residents, commuters, and visitors, this property is perfect for boutiques, coffee shops, art galleries, beauty salons, or specialty food shops looking to thrive in a neighborhood known for its independent spirit, creative energy, and legendary street life — all at a competitive price point of under $8 per square foot.

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