Retail

Prime Retail Space on Avenue B – 174 Avenue B, East Village / Alphabet City

Address: 174 Avenue B, New York, NY, 10009
Price: $20,000/month
Square Feet: 1,250 SF
Type: Retail Space

Property Overview:

Located on Avenue B in the heart of the East Village / Alphabet City, 174 Avenue B offers 1,250 SF of prime retail space at a competitive price point for this vibrant downtown neighborhood. The building is a 5-story, 8-unit walk-up originally constructed in 1900, with a total building area of 6,150 SF (including 5,150 SF residential and 1,000 SF commercial). The property features approximately 75 feet of wraparound frontage, providing exceptional visibility and signage opportunities. Ideal for boutiques, restaurants, art galleries, fitness studios, or service-based businesses.

Key Features:

Prime East Village / Alphabet City Location:

• Situated on Avenue B, one of the East Village’s most desirable and iconic thoroughfares, known for its vibrant mix of independent boutiques, cafes, restaurants, bars, and community gardens
• Located between East 11th Street and East 12th Street, placing your business in a high-traffic corridor with strong pedestrian flow from local residents, NYU students, artists, and visitors
• Just steps from Tompkins Square Park (7th-10th Streets between Avenues A and B), a beloved neighborhood hub featuring a farmers’ market (Sundays), dog run, playgrounds, concerts, and community events
• Minutes from St. Mark’s Place (8th Street), First Avenue, Second Avenue, and the Lower East Side
• Neighboring businesses include Tompkins Square Bagels, Ama Raw Bar, and Joe & Pat’s.

High-Traffic, 24/7 Neighborhood:

• Avenue B is one of the East Village’s busiest pedestrian corridors, drawing a constant flow of local residents, NYU students, artists, musicians, young professionals, families, and tourists
• Tompkins Square Park draws thousands of daily visitors for dog walking, skateboarding, concerts, and the weekly farmers’ market
• The East Village is a true 24/7 neighborhood, with strong daytime foot traffic from residents and NYU students, plus exceptionally strong evening and weekend traffic from the area’s legendary bars, restaurants, and music venues

Spacious & Flexible Retail Layout – 1,250 SF:

• 1,250 SF of well-proportioned retail space — ideally sized for a boutique, restaurant, art gallery, fitness studio, or service-based business
• 75 feet of wraparound frontage providing exceptional visibility and signage opportunities
• Attractive storefront with excellent street-level visibility on Avenue B, a busy downtown corridor with constant pedestrian flow
• High ceilings and open floor plan (characteristic of the East Village’s historic tenement buildings), allowing for creative merchandising, restaurant layouts, or custom build-outs
• Large windows providing abundant natural light and prime window display opportunities facing Avenue B’s steady foot traffic
• The building’s commercial space is approximately 1,000 SF with the remaining 250 SF likely in the basement or additional areas
• At $16 per square foot, this represents solid value for retail space in this prime East Village location

Excellent Transit Access:

• Moments from the First Avenue subway station (L) , providing a direct connection to 14th Street, Union Square, Williamsburg, and Bushwick
• Close to the 2nd Avenue station (F) , Astor Place station (6) , 8th Street/NYU station (N, R, W) , and 14th Street/Union Square station (4, 5, 6, L, N, Q, R, W)
• Multiple bus routes serve Avenue B, First Avenue, and 14th Street (M9, M14, M15, M8)
• Convenient for East Village residents, NYU students and faculty, artists, and commuters from across the city and Brooklyn
• Nearby traffic volumes include 5,976 vehicles daily on Avenue B at East 8th Street and 16,129 vehicles daily on East 14th Street

Trend-Conscious, High-Spending Customer Base:

• Local residents — dense, diverse community of the East Village, including young professionals, families, artists, musicians, and longtime residents
• NYU students and faculty — over 50,000 students and thousands of faculty/staff, many of whom live, study, and socialize within walking distance of Avenue B
• Tompkins Square Park visitors — daily visitors to the park, including dog walkers, families, skateboarders, and attendees of the weekly farmers’ market, concerts, and community events
• Nightlife and dining crowd — the East Village is famous for its legendary bars, restaurants, music venues, and nightlife, drawing visitors from across the city and around the world
• Ideal for businesses such as:
• Independent boutique or concept store (apparel, accessories, vintage)
• Restaurant, café, or wine bar
• Fitness or yoga studio
• Contemporary art gallery
• Beauty or nail salon (trend-focused)
• Specialty food, chocolate, or wine shop
• Tattoo or piercing studio
• Record store or music shop

Highlights:
✔ 1,250 SF of prime retail space on Avenue B in the East Village / Alphabet City
✔ $20,000/month — solid value at $16 per square foot
✔ 75 feet of wraparound frontage — exceptional visibility and signage potential
✔ Attractive storefront with excellent visibility on a vibrant, trend-driven corridor
✔ Steps from Tompkins Square Park and St. Mark’s Place
✔ High ceilings and authentic East Village character (exposed brick, tin ceilings)
✔ Surrounded by independent boutiques, music venues, cocktail bars, and acclaimed restaurants
✔ Strong, diverse, 24/7 foot traffic — residents, students, artists, and visitors
✔ Excellent transit access — L, F, 6, N, R, W, 4, 5, Q trains

Conclusion:

174 Avenue B offers an excellent opportunity for boutique owners, restaurateurs, fitness operators, and creative entrepreneurs seeking prime, high-visibility retail space in the heart of the East Village / Alphabet City — one of downtown Manhattan’s most vibrant, culturally rich, and iconic neighborhoods, steps from Tompkins Square Park. With 1,250 SF of flexible, character-rich space, a prime Avenue B location with approximately 75 feet of wraparound frontage, and access to a diverse, high-spending, trend-conscious customer base of residents, students, artists, and visitors, this property is perfect for boutiques, concept stores, restaurants, fitness studios, art galleries, or beauty salons looking to thrive in a neighborhood known for its independent spirit, creative energy, and legendary street life — all at a solid value of $16 per square foot.

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