The property is a classic walk-up building originally constructed in 1900 with 4 stories and 8 residential units above the retail space . The efficient, open floorplan provides comfortable flexibility for a variety of small-scale concepts, from takeout food and coffee operations to boutique retail, salons, or service-based businesses. The interior offers a functional environment ready for tenant fit-out and branding, with attractive visibility along First Avenue .
Key Features
- Asking Rent: $5,000 / month
- Available Space: 700 SF
- Property Type: Ground-Floor Retail Storefront
- Lease Type: Direct Lease
- Building Class: C4 (Walk-Up Apartments, Old Law Tenements)
- Year Built: 1900
- Ceiling Height: Approx. 9–11 FT
- Layout: Open floorplan ideal for boutique retail, food service, or studio use
- Condition: Well-maintained; available for tenant fit-out and branding
- Frontage: Street-level exposure with good pedestrian visibility
- Access: Direct sidewalk entry
- Neighborhood Highlights: Located in East Harlem, surrounded by residential developments, local dining, and community institutions
Neighborhood Highlights
Located in the heart of East Harlem (El Barrio), 2312 First Avenue places you in one of Manhattan’s most culturally rich and historically significant neighborhoods. First Avenue serves as a major north-south thoroughfare, carrying approximately 20,000 vehicles daily and providing unmatched visibility for any retail or commercial operation . The neighborhood is served by the 4, 5, and 6 subway lines at nearby 116th Street (0.4 miles away), and multiple bus routes including the M15 and M116 .
The area is renowned for its vibrant Latino heritage, celebrated dining scene, and iconic cultural institutions such as the Museum of the City of New York and El Museo del Barrio . East Harlem is experiencing a renaissance, with new residential developments, improved public spaces, and growing interest from entrepreneurs seeking affordable commercial space with immense potential . The neighborhood’s dense residential population—comprising long-standing families, young professionals, and students—ensures a steady and diverse customer base. Nearby landmarks include Thomas Jefferson Park, East River Plaza shopping center, and the bustling 125th Street retail corridor .
Transportation is well-served, with the 4/6 trains at 116th Street and 125th Street, the M116, M15, M101, M102, and M103 bus routes, and convenient access to the FDR Drive providing seamless connectivity throughout Manhattan, the Bronx, and beyond . The property boasts a Walk Score of 93 (Walker’s Paradise) and a Transit Score of 100 (Rider’s Paradise), ensuring maximum accessibility for customers and staff . Nearby tenants include Costco, Target, Dunkin’, and 7-Eleven, contributing to consistent customer flow .
Summary
The 700 SF retail storefront at 2312 First Avenue, New York, NY 10035, is available for $5,000 per month under a direct lease. With its functional layout, exceptional affordability, prime East Harlem address, and excellent transit access, this property represents a compelling opportunity for boutique retailers, food operators, or service providers seeking a high-visibility and accessible home in one of Manhattan’s most dynamic and evolving neighborhoods.
