Commercial Property for Lease – 139 Orchard Street, New York, NY 10002
Asking Rent: $30,000 / Month
Sale Type: Lease – Retail / Showroom
Property Type: Ground-Floor Retail Space
Location: Urban – Lower East Side, Manhattan (10002)
Availability: Immediate
Property Overview
139 Orchard Street offers a 1,100 SF boutique retail space in the heart of the Lower East Side (LES), one of Manhattan’s most dynamic cultural and retail corridors. Orchard Street is known for its trendy boutiques, art galleries, and food & beverage destinations, making this a high-visibility opportunity for brands targeting the city’s most eclectic demographic mix.
Read More
This compact but premium unit is ideally suited for emerging fashion labels, specialty lifestyle retailers, galleries, or experiential concepts that thrive on Orchard Street’s cultural energy and steady visitor traffic.
Key Features
- Size: 1,100 SF
- Asking Rent: $30,000 / month (~$327 PSF annualized)
- Configuration: Efficient boutique retail footprint with strong frontage
- Frontage: Prominent Orchard Street exposure with steady foot traffic
- Market Segment: Fashion, art, specialty retail, boutique hospitality
Market Profile
- Submarket: Lower East Side – one of NYC’s trend-driven, nightlife, and cultural hubs
- Demand Drivers: Dense residential base, heavy nightlife activity, tourist interest, and proximity to Chinatown/SoHo
- Target Tenants: Boutique fashion, art galleries, specialty shops, cafés, and experiential concepts
- Competitive Advantage: Premium positioning on Orchard Street, known for trendsetting tenants and cultural cachet
Financial Highlights
- Asking Rent: $30,000 / month
- Size: 1,100 SF
- Asking Rent per SF (Annualized): ~$327/SF
- Lease Type: Negotiable; long-term preferred
- Upside Potential: Strong tenant demand driven by Orchard Street’s continued evolution as a lifestyle and retail hub
Location Advantages
- Neighborhood: Lower East Side – youthful, trend-driven retail and cultural destination
- Proximity: Steps from Delancey Street, Essex Market, SoHo, and Bowery corridors
- Transit: Easy access to F, J, M, Z subway lines at Delancey/Essex, plus nearby bus routes
- Tenant Demand: Consistently strong from fashion, art, and boutique operators seeking differentiation from mainstream SoHo retail
Summary
The 1,100 SF boutique retail unit at 139 Orchard Street, Lower East Side is offered at $30,000/month (~$327/SF annually). With prime Orchard Street frontage and strong cultural cachet, this property offers an excellent opportunity for fashion, art, or lifestyle brands seeking a presence in one of Manhattan’s trendiest submarkets.
