Commercial Lease – 501 Hudson Street, New York, NY 10014
Asking Rent: $20,000/month
Lease Type: Commercial – Retail / Gallery / Food & Beverage / Boutique Service
Property Type: Ground-Floor Boutique Retail Space
Location: West Village / Hudson Corridor (10014)
Availability: Immediate
Property Overview
501 Hudson Street offers an 800 SF boutique retail space in the heart of the West Village, one of Manhattan’s most desirable shopping and dining neighborhoods. With steady foot traffic, strong residential demographics, and destination appeal, this property is ideal for specialty retail, gallery, café/food concept, or wellness operators seeking a premium downtown address.
The space combines Hudson Street frontage and boutique size to provide excellent branding visibility in a historically supply-constrained market.
Key Features
- Total Size: ≈ 800 SF
- Asking Rent: $20,000/month
- Annualized Rent: ≈ $240,000
- Effective Rent per SF: ≈ $300/SF annually
- Configuration: Compact boutique layout adaptable for retail, gallery, or food-service use
- Frontage: Hudson Street exposure with strong daily pedestrian flow
- Potential Uses: Specialty retail, gallery, café/quick-service food, wellness/salon, creative service
Lease & Terms
- Base Rent: $20,000/month (~$300/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; standard tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Hudson Street corridor in the West Village, surrounded by destination restaurants, boutiques, and luxury residential.
- Transit Access: Close to Christopher Street–Sheridan Square (1), West 4th Street (A/C/E, B/D/F/M), and multiple bus routes.
- Neighborhood Demand: Strong from boutique retailers, wellness operators, and F&B concepts seeking affluent, repeat customer bases and tourist traffic.
- Competitive Advantage: Rare sub-1,000 SF boutique retail with Hudson Street frontage, offering prime visibility in one of Manhattan’s most supply-constrained markets.
Summary
The 800 SF retail space at 501 Hudson Street, New York, NY 10014 is offered at $20,000/month (~$300/SF annually). With its West Village location, boutique scale, and high-visibility frontage, the property is a compelling opportunity for retailers, galleries, or food/wellness operators seeking a prime presence in Lower Manhattan.