Commercial Property for Lease – 155 W 70th Street, New York, NY 10023
Asking Rent: $7,500 / Month
Size: 405 SF
Price per SF: ~$222 / SF annually
Property Type: Boutique Retail / Services / Specialty Food
Location: Upper West Side – Lincoln Square / Broadway Corridor (10023)
Availability: Immediate
Property Overview
155 West 70th Street offers a 405 SF boutique commercial space in the Upper West Side’s Lincoln Square district, just off Broadway and near 72nd Street transit. With strong residential density, neighborhood retail, and proximity to Lincoln Center, this property is well-suited for specialty retail, coffee/juice concepts, or service-based tenants.
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The space offers a manageable monthly rent compared to larger-format retail, making it a low-barrier entry into a high-demand UWS market.
Key Features
- Total Size: 405 SF
- Asking Rent: $7,500/month ($90,000 annually)
- Price per SF: ~$222 annually
- Use Flexibility: Coffee shop, juice bar, boutique services, specialty retail, gallery, or wellness concept
- Frontage: Street-level exposure with consistent neighborhood foot traffic
- Condition: Immediate occupancy
Market Profile
- Target Tenants: Coffee/bakeries, boutique retail, small professional services, wellness studios, specialty food operators
- Neighborhood Demand: Upper West Side offers strong year-round demand from affluent residents, Lincoln Center visitors, and students (Juilliard, Fordham)
- Competitive Advantage: At ~$222/SF, pricing is more accessible than Columbus Circle ($300+/SF), while still benefiting from high residential and cultural traffic
Financial Highlights
- Monthly Rent: $7,500
- Annual Rent: $90,000
- Price per SF: ~$222 annually
- Lease Terms: Direct lease, flexible for boutique operators
- Upside Potential: Strong UWS location ensures stable neighborhood-driven demand
Location Advantages
- Neighborhood: Upper West Side – Lincoln Square
- Proximity: Lincoln Center, Juilliard, Central Park, Broadway retail corridor
- Transit: Steps to 1/2/3 and B/C subways at 72nd Street
- Foot Traffic: Steady residential base, students, professionals, and cultural tourists
Summary
The 405 SF space at 155 West 70th Street is a prime Upper West Side boutique leasing opportunity, offered at $7.5K/month (~$222/SF annually). With its manageable size, strong residential density, and proximity to Lincoln Center, it is ideal for specialty food, boutique retail, or service-based tenants seeking a foothold in a stable and affluent submarket.
