Commercial Property for Lease – 80 Fifth Avenue, New York, NY 10011
Asking Rent: $3,000 / Month
Sale Type: Lease – Office / Retail
Property Type: Small Commercial Space
Location: Urban – Flatiron / Union Square, Manhattan (10011)
Availability: Immediate
Property Overview
80 Fifth Avenue offers 810 SF of commercial space in one of Manhattan’s most dynamic mixed-use corridors. Positioned between Union Square and the Flatiron District, this location benefits from strong pedestrian traffic, office density, and vibrant retail activity.
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The unit is well-suited for small office users, boutique retailers, wellness operators, or creative studios seeking an affordable entry point into the Flatiron/Union Square market.
Key Features
- Size: 810 SF
- Asking Rent: $3,000 / month (~$44 PSF annualized)
- Configuration: Open layout with flexible adaptation for retail, studio, or office use
- Market Segment: Value-focused professional services, boutique retail, or creative operators
Market Profile
- Submarket: Flatiron / Union Square – one of Manhattan’s most active mixed-use neighborhoods
- Demand Drivers: High foot traffic from Union Square Park, office towers, NYU campus activity, and destination retail/food operators
- Target Tenants: Boutique service providers, small retailers, creative professionals, and startups
- Competitive Advantage: Extremely low PSF rent for a prime downtown corridor, allowing small businesses to access a prestigious location
Financial Highlights
- Asking Rent: $3,000 / month
- Size: 810 SF
- Asking Rent per SF (Annualized): ~$44/SF
- Lease Type: Negotiable, short- or medium-term opportunities possible
- Upside Potential: Rare low-cost entry into Fifth Avenue, enabling long-term positioning in a growing retail-office corridor
Location Advantages
- Neighborhood: Flatiron / Union Square – blend of retail, tech offices, and residential demand
- Proximity: Steps from Union Square Park, 14th Street retail corridor, and major Fifth Avenue co-tenancies
- Transit: Access to 4/5/6, N/Q/R/W, L subway lines at Union Square, plus PATH at 14th Street
- Tenant Demand: Consistently strong from small operators seeking visibility and accessibility in a destination neighborhood
Summary
The 810 SF commercial space at 80 Fifth Avenue is offered at $3,000/month (~$44/SF annualized), representing one of the most cost-effective opportunities in the Flatiron/Union Square corridor. With its central location, flexible layout, and below-market rent, the property is ideal for boutique tenants or creative professionals seeking downtown Manhattan exposure at an affordable rate.
