Commercial Investment Property for Lease – 1700 First Avenue, New York, NY 10128
Asking Rent: $15,000 / Month
Available Space: 750 Sq. Ft.
Property Type: Commercial (Retail / Restaurant)
Architectural Style: Mixed-Use Mid-Rise
Year Built: N/A
Availability: Immediate
Property Overview
Located on the Upper East Side in the Carnegie Hill/Yorkville area, 1700 First Avenue offers 750 square feet of compact and efficient commercial space. With strong pedestrian traffic, excellent visibility, and proximity to residential towers and community amenities, this property is ideal for coffee shops, quick-service restaurants, boutique retail, or specialty service providers.
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Key Features
- Total Area: 750 sq. ft.
- Asking Rent: $15,000 / Month
- Rent per Sq. Ft.: ≈ $240 / SF per year
- Stories: Ground-floor retail in mixed-use building
- Construction: Masonry façade with updated storefront
- Location Advantage: High-traffic Upper East Side corridor near schools, parks, and dense residential towers
Interior Highlights
- Layout: Efficient rectangular plan, easily customizable for small-format retail or food service
- Ceiling Height: Standard commercial ceiling height, with signage visibility
- Amenities: Street-level exposure, strong neighborhood presence
- Accessibility: Near the Q line at 86th Street and multiple crosstown bus routes
Utilities & Systems
- Heating: Central system
- Cooling: Central HVAC
- Infrastructure: Configurable for food & beverage or retail operations
Taxes
- Property Taxes: Determined by lease terms
- Tax Year: 2025
Summary
The 750 sq. ft. space at 1700 First Avenue is a rare small-format Upper East Side leasing opportunity. Its affordable footprint, strong visibility, and steady neighborhood traffic make it ideal for emerging brands, specialty cafés, or boutique retailers seeking entry into this prime Manhattan corridor.
