Prime Flagship Retail Opportunity – 87-89 5th Avenue, New York, NY 10003
Asking Rent: $120,000/month
Size: 10,200 SF
Use: Retail / Showroom / Flagship Store / Gallery / Mixed Commercial
Location: Flatiron – Union Square Corridor
Frontage: Prominent street frontage on 5th Avenue
Availability: Immediate
Property Overview:
87-89 Fifth Avenue offers an exceptional 10,200-square-foot flagship retail space in one of Manhattan’s most dynamic retail corridors. Located between Union Square and Flatiron, this high-visibility space is ideally suited for national retailers, luxury brands, or experience-driven concepts seeking a commanding presence in a bustling, high-foot-traffic neighborhood.
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Key Features:
- Expansive Retail Presence: Wide glass storefront with significant branding and signage potential
- Flexible Layout: Open floorplate with high ceilings, column spacing, and multiple entry points
- Excellent Condition: Delivered white-boxed or built-to-suit depending on tenant needs
- Premium Location: Steps from Union Square, Washington Square Park, and tech/creative office hubs
- Heavy Foot Traffic: Surrounded by flagship fashion, wellness, food & beverage, and lifestyle tenants
Ideal For:
- Flagship fashion or beauty brands
- High-end fitness or wellness studios
- Home furnishings or tech showroom
- Experiential retail or pop-up installations
Highlights:
- 10,200 SF of prime retail on iconic 5th Avenue
- Asking $120,000/month (negotiable based on term and use)
- Unmatched location with significant daily footfall
- Direct access to major subway lines (L, N, Q, R, W, 4, 5, 6)
Conclusion:
This is a rare opportunity to secure a full-building or expansive ground-floor retail space in one of Manhattan’s most sought-after locations. 87-89 5th Avenue offers the scale, exposure, and foot traffic to support a premier retail or showroom concept.
Contact us today to schedule a private tour or request detailed leasing terms.