Commercial Space for Lease – 155 E 55th Street, New York, NY 10022
Asking Rent: $40,000 / Month
Size: 3,000 SF
Price per SF: ~$160 / SF annually
Property Type: Retail / Restaurant / Mixed-Use
Status: Active
Property Overview
155 East 55th Street offers 3,000 SF of flexible commercial space in the heart of Midtown East. With a central location between Lexington and Third Avenues, the property benefits from strong commuter, office worker, and residential foot traffic. Its adaptable layout makes it ideal for restaurants, boutique retail, or wellness/service operators seeking a high-visibility Midtown address.
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Key Features
- Total Size: 3,000 SF
- Asking Rent: $40,000/month ($480,000 annually)
- Price per SF: ~$160 annually
- Use Flexibility: Suitable for restaurant, café, boutique retail, gallery, or wellness services
- Frontage: Strong East 55th Street street-level exposure
- Condition: Delivered lease-ready; adaptable to tenant improvements
Market Profile
- Target Tenants: Restaurants, boutique retailers, medical/wellness providers, service-based businesses
- Neighborhood Demand: Midtown East is a high-density corridor, home to office tenants, luxury residential towers, and consistent commuter flows
- Competitive Advantage: At ~$160/SF, this space provides value compared to Plaza District flagship rents while still offering excellent Midtown visibility
Location Advantages
- Neighborhood: Midtown East – Plaza District
- Proximity: Steps from Park Avenue, Lexington Avenue, and 3rd Avenue commercial corridors
- Transit Access: Near E/M and 6 trains at Lexington/53rd, close to multiple crosstown buses
- Foot Traffic: Dense daily mix of commuters, professionals, and residents
Summary
The 3,000 SF space at 155 E 55th Street presents a cost-efficient Midtown East leasing opportunity at $40,000/month (~$160/SF annually). With strong visibility, flexible usage, and proximity to Plaza District demand drivers, the property is well-positioned for retail, restaurant, or wellness tenants looking to establish a Midtown presence.
