Commercial Property for Lease – 901–903 Lexington Avenue, New York, NY 10065
Asking Rent: $13,000 / Month
Size: 1,765 SF
Price per SF: ~$88 / SF annually
Property Type: Retail / Showroom / Boutique Services
Location: Upper East Side – Lenox Hill / Lexington Avenue Corridor (10065)
Availability: Immediate
Property Overview
901–903 Lexington Avenue offers 1,765 SF of ground-floor commercial space in the prestigious Upper East Side, located along the busy Lexington Avenue corridor. This space provides prime retail frontage and consistent foot traffic from affluent residents, professionals, and shoppers.
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The location is particularly attractive for boutique retailers, wellness brands, or service-based tenants seeking visibility in one of Manhattan’s most established luxury retail submarkets.
Key Features
- Total Size: 1,765 SF
- Asking Rent: $13,000/month ($156,000 annually)
- Price per SF: ~$88 annually
- Use Flexibility: Retail, showroom, medical, wellness/fitness, or boutique services
- Frontage: High-visibility Lexington Avenue frontage
- Condition: Lease-ready, adaptable for tenant build-out
Market Profile
- Target Tenants: Specialty retailers, fashion boutiques, medical/healthcare practices, beauty/wellness, or service operators
- Neighborhood Demand: The Upper East Side remains one of NYC’s strongest residential and retail markets, with steady demand from high-income demographics
- Competitive Advantage: At ~$88/SF, the pricing is competitive compared to Madison Avenue luxury rents, while still delivering premium UES visibility
Financial Highlights
- Monthly Rent: $13,000
- Annual Rent: $156,000
- Price per SF: ~$88 annually
- Lease Terms: Direct lease, flexible
- Upside Potential: Opportunity to capture long-term UES retail demand at an accessible price point
Location Advantages
- Neighborhood: Upper East Side – Lenox Hill / Lexington Avenue corridor
- Proximity: Central Park, Hunter College, Bloomingdale’s, and high-density residential towers
- Transit: Steps to 6 subway line at 68th St–Hunter College; crosstown buses nearby
- Foot Traffic: Consistent flow of residents, professionals, and shoppers
Summary
The 1,765 SF retail space at 901–903 Lexington Avenue is a prime Upper East Side opportunity, offered at $13,000/month (~$88/SF annually). With Lexington Avenue frontage, affluent neighborhood demographics, and steady foot traffic, the property is ideal for boutique retailers, wellness/medical practices, or service-based tenants.
