The space combines strong foot traffic, superior frontage, and excellent ceiling heights, making it ideal for both established retailers and experiential concepts looking to capture the area’s dense residential and commercial customer base.
Key Features
- Approximately 2,942 SF of flexible commercial space
- Wide glass storefront with prominent street visibility
- High ceilings enhancing layout flexibility and display opportunities
- Open floor plan allowing for easy customization
- HVAC and restroom infrastructure in place
- Excellent signage potential along Third Avenue
- High vehicular and pedestrian traffic in a vibrant neighborhood mix
Lease Details
- Asking Rent: $20,000/month (approx. $81.60/SF annually)
- Term: Negotiable
- Availability: Immediate
- Possession: Delivered vacant
- Use: Ideal for retail, showroom, salon/spa, medical office, or professional services
Location Highlights
Located between East 87th and East 88th Streets, this property sits in the core of the Upper East Side’s thriving Third Avenue retail corridor. The location benefits from heavy daily pedestrian flow generated by nearby residential towers, Whole Foods Market, Equinox, Target, and multiple schools and community centers.
The property is well-served by public transportation, including the Q train at 86th Street, and is easily accessible from Lexington Avenue and Second Avenue. The area’s combination of affluent residents, steady daytime traffic, and expanding retail scene makes this location one of Manhattan’s most desirable for growing brands and established operators alike.
Summary
1550–1556 Third Avenue presents an exceptional retail leasing opportunity in one of New York City’s most dynamic uptown markets. With nearly 3,000 square feet of adaptable space, strong visibility, and proximity to major anchors and transportation, this property is ideal for tenants seeking premium exposure and long-term growth potential in the Upper East Side.
