Commercial Property for Lease – 61–63 Nassau Street, New York, NY 10038
Asking Rent: $8,000 / Month
Sale Type: Lease – Retail / Boutique Commercial
Property Type: Ground-Floor Retail Space
Location: Urban – Financial District (FiDi), Manhattan (10038)
Availability: Immediate
Property Overview
61–63 Nassau Street offers a 600 SF boutique retail unit in the heart of Manhattan’s Financial District (FiDi). Just steps from Fulton Street and Wall Street, this location benefits from heavy weekday foot traffic driven by office workers, tourists, and nearby residential growth.
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The efficient floorplate and Nassau Street frontage make this property well-suited for quick-service food & beverage operators, boutique retailers, specialty services, or grab-and-go concepts looking to capture both daytime office demand and growing evening/weekend residential traffic in FiDi.
Key Features
- Size: 600 SF
- Asking Rent: $8,000 / month (~$160 PSF annualized)
- Configuration: Compact, efficient layout designed for high turnover retail or service use
- Frontage: Nassau Street exposure with steady pedestrian flow
- Market Segment: Food & beverage, boutique retail, specialty service
Market Profile
- Submarket: Financial District – one of Manhattan’s densest commercial and tourism hubs
- Demand Drivers: Office towers, Fulton Center transit hub, World Trade Center attractions, and expanding residential population
- Target Tenants: Coffee shops, QSR concepts, boutique service providers, specialty grab-and-go operators
- Competitive Advantage: Affordable small-format space in a corridor where larger footprints dominate, offering entry-level opportunity for operators
Financial Highlights
- Asking Rent: $8,000 / month
- Size: 600 SF
- Asking Rent per SF (Annualized): ~$160/SF
- Lease Type: Negotiable; NNN or modified gross standard
- Upside Potential: Tenant demand supported by FiDi’s weekday office traffic plus growing residential conversions driving weekend activity
Location Advantages
- Neighborhood: Financial District – dense office and residential hub with strong daytime population
- Proximity: Near Fulton Center, Wall Street, World Trade Center, and South Street Seaport
- Transit: Excellent access to A/C, J/Z, 2/3, 4/5, and R/W subway lines at Fulton and Wall Street
- Tenant Demand: High from QSRs, coffee shops, boutique retail, and service operators seeking to leverage FiDi’s steady traffic
Summary
The 600 SF boutique retail space at 61–63 Nassau Street, New York, NY is offered at $8,000/month (~$160/SF annually). With its compact format, strong pedestrian exposure, and central FiDi location, the property is an excellent opportunity for food & beverage or boutique operators seeking a cost-effective entry into Lower Manhattan’s growing retail market.
