Commercial Retail/Office Lease – 900 Park Avenue, New York, NY 10075
Asking Rent: $20,000/Month
Available Space: 1,500 SF
Location: Upper East Side – Park Avenue & East 79th Street (10075)
Availability: Immediate
Property Overview
900 Park Avenue offers a 1,500 SF boutique retail/commercial space in one of Manhattan’s most prestigious residential corridors. Positioned at Park Avenue and East 79th Street, the property benefits from high visibility, affluent demographics, and strong neighborhood retail demand.
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The space is ideally suited for medical offices, boutique galleries, luxury service providers, or specialty retail seeking an Upper East Side flagship presence with strong brand alignment.
Key Features
- Size: 1,500 SF
- Asking Rent: $20,000 per month
- Annualized Rent: $240,000
- Effective Rent per SF: ~$160/SF annually
- Building Class: Luxury mixed-use with ground-floor commercial units
- Prestige Factor: Prime Park Avenue exposure in one of NYC’s wealthiest ZIP codes
Market Profile
- Target Tenants: Boutique medical practices, art galleries, financial service firms, wellness/beauty operators, specialty retail
- Neighborhood Demand: Upper East Side maintains some of the strongest household incomes in Manhattan, driving consistent demand for high-quality neighborhood services and retail
- Competitive Advantage: Rare small-format Park Avenue space below 86th Street, appealing to prestige-driven tenants
Financial Highlights
- Asking Rent: $20,000/Month
- Space: 1,500 SF
- Annual Rent: $240,000
- Effective Rent per SF: ~$160/SF
- Lease Term: Negotiable; long-term preferred for medical/gallery use
Location Advantages
- Neighborhood: Upper East Side – one of Manhattan’s most affluent, family-oriented, and established districts
- Proximity: Surrounded by luxury condos, private schools, Madison Avenue shopping, and Museum Mile
- Transit: Near 77th Street (6 train), 86th Street (Q train), and crosstown buses
- Tenant Demand: Strong from boutique medical, art, wellness, and service tenants
Summary
The 1,500 SF commercial unit at 900 Park Avenue is offered at $20,000/month (~$160/SF annually), representing a prestigious Upper East Side opportunity. With affluent neighborhood demographics, strong co-tenancy, and rare small-format availability, this space is ideal for boutique medical, gallery, or luxury service operators seeking Park Avenue presence.
