Commercial Lease – 1748 Second Avenue, New York, NY 10128
Asking Rent: $25,000/month
Lease Type: Commercial – Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Upper East Side / Yorkville Corridor (10128)
Availability: Immediate
Property Overview
1748 Second Avenue offers a 1,200 SF ground-floor retail space with prime frontage along one of Yorkville’s busiest retail corridors. With steady pedestrian traffic, strong residential density, and proximity to the 86th Street Q line, this space is ideally suited for restaurant/café concepts, boutique retailers, wellness operators, or medical/professional tenants seeking a highly visible Upper East Side address.
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The property’s size and location make it a standout option for operators looking to capture both local residents and destination clientele.
Key Features
- Total Size: ≈ 1,200 SF
- Asking Rent: $25,000/month
- Annualized Rent: ≈ $300,000
- Effective Rent per SF: ≈ $250/SF annually
- Configuration: Flexible retail layout adaptable for food, boutique retail, or service tenants
- Frontage: Strong Second Avenue exposure with wide branding opportunity
- Potential Uses: Food & beverage, boutique retail, salon/fitness, wellness, medical/professional services
Lease & Terms
- Base Rent: $25,000/month (~$250/SF/YR)
- Term: Negotiable (long-term preferred for food/service tenants)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; financials required (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Situated on Second Avenue near 86th Street, the heart of Yorkville’s retail corridor.
- Transit Access: Steps to 86th Street (Q), close to 96th Street (Q/6).
- Neighborhood Demand: Strong from restaurants, cafés, boutique retailers, salons, and wellness operators serving affluent Upper East Side residents.
- Competitive Advantage: Rare 1,200 SF small-to-midsize retail block on Second Avenue with branding potential in a supply-constrained corridor.
Summary
The 1,200 SF retail space at 1748 Second Avenue, New York, NY 10128 is offered at $25,000/month (~$250/SF annually). With its Yorkville location, consistent foot traffic, and adaptable layout, this property presents an excellent opportunity for food & beverage, boutique retail, or service-based tenants seeking a strong Upper East Side presence.
