Commercial Office for Lease – 294–296 Grand Street, New York, NY 10002
Asking Rent: $17,000/month
Lease Type: Commercial – Office / Studio / Showroom
Property Type: Creative Office / Studio Space
Location: Lower East Side / Chinatown (10002)
Availability: Immediate
Property Overview
294–296 Grand Street presents a prime commercial opportunity in the vibrant Lower East Side/Chinatown corridor. This 3,030 SF office/studio space offers excellent flexibility for a wide range of professional or creative uses, including design firms, wellness/medical consults, content studios, or showrooms (build-out subject to approvals).
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The space combines efficient open layouts with strong neighborhood foot traffic and convenient access to multiple transit lines. Ideal for tenants seeking a central location with visibility in one of Manhattan’s most active mixed-use neighborhoods.
Key Features
- Total Size: ≈ 3,030 SF
- Layout: Open-plan, easily customizable for partitioned rooms or collaborative areas
- Street Presence: Direct frontage on Grand Street with strong pedestrian traffic
- Neighborhood: Surrounded by retail, restaurants, cultural hubs, and transit options
- Flexibility: Build-out potential for specialized use (with owner approval)
Lease & Terms
- Base Rent: $17,000/month (≈ $67/SF/YR; ≈ $204,000 annualized)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; standard financials (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and NNN to be confirmed
Market Profile
- Location Advantage: Positioned in Lower East Side/Chinatown, one of Manhattan’s fastest-evolving districts with strong retail and creative energy.
- Transit: Close to major subway and bus lines, offering excellent commuter access.
- Competitive Advantage: Affordable large-floor office/showroom space compared to SoHo or NoHo alternatives while still within walking distance.
Summary
The property at 294–296 Grand Street offers 3,030 SF of flexible office/studio space in one of Manhattan’s most dynamic markets. Priced at $17,000/month, this commercial lease opportunity is ideally suited for creative firms, professional offices, medical/wellness practices, or showrooms seeking both visibility and convenience.
