Corner Restaurant / Retail Opportunity – 509 Third Avenue
Address: 509 Third Avenue, New York, NY 10016
Price: $40,000/month
Lease Type: Commercial Lease
Type: Restaurant / Retail / Café / Lifestyle / Experiential
Location: Urban – Midtown East / Murray Hill / Kips Bay
Square Feet: 2,100 SF
Building Class: B
Market Segment: Food & Beverage, Boutique Retail, Fitness, Beauty, Flagship Concepts
Property Overview
509 Third Avenue offers 2,100 square feet of prime corner retail space with wraparound frontage and exceptional street visibility. Located in a dense residential and office corridor in Midtown East, this space is ideal for a signature restaurant, boutique retailer, upscale café, or experiential brand looking to capitalize on high daily foot traffic and prominent exposure.
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Key Features
Corner Presence & Visibility
- Situated at the intersection of Third Avenue and East 34th Street
- Expansive wraparound glass frontage with signage opportunities
- Steps from NYU Langone, residential towers, and major office buildings
Built-Out Restaurant Layout (if applicable)
- Venting and kitchen infrastructure in place (verify existing condition)
- Open dining area, ADA-compliant restroom, and rear prep/storage areas
- Flexible for conversion to retail, café, wellness, or fitness concept
Strong Demographics & Access
- High foot traffic from local residents, healthcare workers, and commuters
- Near 33rd Street (6), Grand Central (4/5/6/7), and Penn Station transit hubs
- Popular delivery and dining corridor, especially evenings and weekends
Highlights
- $40,000/month for 2,100 SF of premium corner space
- Ideal for turnkey restaurant, wine bar, boutique retail, or wellness studio
- Heavy foot traffic, great visibility, and branding potential
- Immediate occupancy with flexible lease terms
Conclusion
509 Third Avenue presents a rare corner leasing opportunity in Midtown East’s dynamic Murray Hill/Kips Bay corridor. With strong visibility, established foot traffic, and flexible use potential, it’s the perfect platform for businesses looking to make a bold impact in a high-demand market.
Contact us today to arrange a private showing or request full marketing materials.
