Commercial Property for Lease – 233 W 4th Street, New York, NY 10014

Asking Rent: $20,000 / Month
Size: 405 SF
Price per SF: ~$593 / SF annually
Property Type: Boutique Retail / Specialty Food & Beverage / Gallery
Location: West Village – Historic Retail Corridor (10014)
Availability: Immediate

Property Overview

233 West Fourth Street presents a 405 SF boutique space in the West Village, one of Manhattan’s most prestigious and sought-after retail corridors. Despite its compact size, the property offers exceptional branding and visibility, making it an ideal location for luxury boutique retail, specialty food & beverage, or art/lifestyle concepts.

With historic charm and high-value foot traffic from affluent residents, international visitors, and destination shoppers, this space provides prestige and exclusivity rarely available at this scale.

Key Features

• Total Size: 405 SF
• Asking Rent: $20,000/month ($240,000 annually)
• Price per SF: ~$593 annually
• Frontage: West Fourth Street exposure in a high-traffic boutique block
• Use Flexibility: Luxury boutique retail, coffee/wine/dessert shop, art/lifestyle concept
• Condition: Ready for tenant customization

Market Profile

• Target Tenants: Jewelers, art galleries, niche fashion, dessert/wine bars, specialty retail, wellness/lifestyle concepts
• Neighborhood Demand: The West Village is a prestige retail destination, with consistent high occupancy driven by affluent locals and brand-conscious visitors
• Competitive Advantage: At ~$593/SF, pricing reflects exclusive positioning and branding power, offering tenants presence in one of NYC’s most stylish neighborhoods

Financial Highlights

• Monthly Rent: $20,000
• Annual Rent: $240,000
• Price per SF: ~$593 annually
• Lease Terms: Direct lease, flexible for boutique tenants
• Upside Potential: Small-format space makes total rent manageable, while prestige factor is maximized

Location Advantages

• Neighborhood: West Village – boutique retail corridor
• Proximity: Bleecker Street, Greenwich Ave, Meatpacking District, Whitney Museum, High Line
• Transit: Steps to A/C/E, 1/2/3, and L subway lines
• Foot Traffic: Affluent locals, international shoppers, and cultural tourists

Summary

The 405 SF boutique space at 233 W 4th Street is a rare West Village retail opportunity, offered at $20K/month (~$593/SF annually). Compact but prestigious, it is best suited for luxury boutiques, specialty food & beverage, or art/lifestyle tenants seeking a high-impact presence in one of Manhattan’s most exclusive neighborhoods.