With its flexible footprint and large glass façade, the space combines functionality with a strong street presence in one of Manhattan’s most rapidly developing submarkets. The property’s layout supports multiple configurations, including open workspace, classroom-style divisions, or gallery and showroom use.
Key Features
- Asking Rent: $50,000 / Month
- Available Space: 10,653 SF
- Property Type: Office / Retail / Showroom
- Lease Type: Direct Lease
- Ceiling Height: Approx. 14 FT
- Layout: Open floor plan with potential for private offices, storage, or retail area
- Condition: Move-in ready, newly built construction
- Windows: Full glass façade with excellent natural light
- HVAC: Tenant-controlled
- Access: Street-level and elevator access
- Building Type: Modern mixed-use commercial building
- Signage: Prominent corner exposure available
Market Profile
Location Advantage:
Positioned along South Street near Montgomery and Rutgers Streets, the property offers a strategic location connecting the Lower East Side, Chinatown, and the Seaport District. The surrounding area has seen significant residential growth, drawing consistent foot traffic and a diverse tenant base.
Transit Access:
Convenient access to the F train (East Broadway), J/Z trains (Canal Street), and multiple MTA bus routes, as well as pedestrian connectivity to the Brooklyn Bridge and FDR Drive.
Neighborhood Appeal:
The Two Bridges waterfront has transformed into a vibrant live-work destination, attracting creative firms, cultural organizations, and retail operators seeking affordable large-format spaces within minutes of the Financial District and SoHo.
Summary
The 10,653 SF commercial space at 220 South Street, New York, NY 10002, is available for $50,000 per month on a direct lease. Offering modern construction, open layouts, and expansive glass frontage, this property provides a rare opportunity for large-scale office, educational, or retail users to secure a high-visibility footprint in Manhattan’s fast-growing Lower East Side waterfront corridor.