Commercial Retail Lease – 167 Rivington Street, New York, NY 10002
Asking Rent: $4,000/month
Lease Type: Commercial – Retail / Boutique / Food & Beverage
Property Type: Ground-Floor Retail Space
Location: Lower East Side (LES), Manhattan (10002)
Availability: Immediate
Property Overview
167 Rivington Street offers a 500 SF ground-floor retail space in the energetic Lower East Side, one of Manhattan’s most in-demand cultural and nightlife corridors. With street-level visibility and steady neighborhood foot traffic, the property is ideal for coffee shops, juice bars, grab-and-go restaurants, boutique retailers, galleries, or specialty service operators.
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Its compact size provides an affordable entry point for independent operators looking to establish themselves in a trendy, high-energy LES location.
Key Features
- Total Size: ≈ 500 SF
- Asking Rent: $4,000/month
- Annualized Rent: ≈ $48,000
- Effective Rent per SF: ≈ $96/SF annually
- Configuration: Efficient boutique layout suitable for food & beverage or retail concepts
- Frontage: Rivington Street exposure in a high-foot-traffic corridor
- Potential Uses: Coffee, quick-service F&B, boutique retail, art gallery, wellness/service
Lease & Terms
- Base Rent: $4,000/month (~$96/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; standard financials (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and NNN typical for retail leases
Market Profile
- Location Advantage: Rivington Street in the Lower East Side, surrounded by restaurants, nightlife, boutiques, and cultural venues.
- Transit Access: Close to Delancey/Essex (F, J, M, Z lines), 2nd Avenue (F), and multiple bus routes.
- Neighborhood Demand: Strong from creative entrepreneurs, food & beverage operators, and boutique retailers.
- Competitive Advantage: Affordable small-format LES retail with steady built-in demand from locals and visitors.
Summary
The 500 SF retail space at 167 Rivington Street is offered at $4,000/month (~$96/SF annually). With strong neighborhood visibility, compact efficiency, and location in the heart of the Lower East Side, this space is ideal for boutique retailers, grab-and-go F&B operators, or creative service tenants looking for a high-traffic, trend-driven Manhattan address.
