Commercial Property for Lease – 1130 First Avenue, New York, NY 10065
Asking Rent: $30,000 / Month
Size: 1,000 SF
Price per SF: ~$360 / SF annually
Property Type: Retail / Restaurant / Medical / Boutique Services
Location: Upper East Side – Midtown East Corridor (10065)
Availability: Immediate
Property Overview
1130 First Avenue presents a 1,000 SF ground-floor commercial space on Manhattan’s Upper East Side / Midtown East border, just steps from the 59th Street Bridge and major residential density. With strong avenue frontage and heavy vehicular and pedestrian traffic, the space is ideal for restaurants, boutique medical practices, or specialty retail operators.
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The corridor has high demand from residents, office workers, and hospital staff (proximity to Weill Cornell, HSS, and Memorial Sloan Kettering).
Key Features
- Total Size: 1,000 SF
- Asking Rent: $30,000/month ($360,000 annually)
- Price per SF: ~$360 annually
- Use Flexibility: Quick-service restaurant, boutique retail, medical office, wellness/fitness, or professional services
- Frontage: First Avenue exposure with strong branding opportunities
- Condition: Ready for build-out (previous use to be confirmed)
Market Profile
- Target Tenants: Quick-service food operators, boutique medical/urgent care, wellness/fitness studios, or service-based retail
- Neighborhood Demand: Strong need for food, medical, and personal services given high residential density and institutional anchors nearby
- Competitive Advantage: East Side location with direct access to affluent residents, hospital workforce, and Midtown commuters
Financial Highlights
- Monthly Rent: $30,000
- Annual Rent: $360,000
- Price per SF: ~$360 annually
- Lease Terms: Direct lease, flexible
- Upside Potential: Opportunity to capture daily demand from residential, medical, and office populations
Location Advantages
- Neighborhood: Upper East Side / Midtown East
- Proximity: Near Memorial Sloan Kettering, Weill Cornell, HSS, and residential towers along First/Second Avenues
- Transit: Close to 59th St/Lexington Ave (N/R/W, 4/5/6) and 63rd St (Q line)
- Foot Traffic: Strong mix of residents, medical staff, and Midtown commuters
Summary
The 1,000 SF retail/medical space at 1130 First Avenue is a prime Upper East Side/Midtown East leasing opportunity, offered at $30K/month (~$360/SF annually). Its First Avenue frontage and proximity to major hospitals and luxury residences make it ideal for quick-service restaurants, boutique medical, or wellness/retail tenants targeting a dense, affluent customer base.
