Commercial Lease – 101 Seventh Avenue, New York, NY 10011
Asking Rent: $120,000/month
Lease Type: Commercial – Retail / Showroom / Flagship
Property Type: Ground-Floor Retail Space
Location: Chelsea / West Village Border (10011)
Availability: Immediate
Property Overview
101 Seventh Avenue offers an expansive 11,985 SF flagship retail opportunity in one of Manhattan’s most dynamic downtown corridors. With broad Seventh Avenue frontage, heavy commuter and residential traffic, and proximity to both Chelsea and the West Village, this property is ideally suited for national retailers, grocery operators, fitness/wellness flagships, medical tenants, or high-profile dining concepts.
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Its rare scale in a supply-constrained corridor allows for large-format branding, flexible build-outs, and high visibility in a location that bridges two of New York’s most desirable neighborhoods.
Key Features
- Total Size: ≈ 11,985 SF
- Asking Rent: $120,000/month
- Annualized Rent: ≈ $1,440,000
- Effective Rent per SF: ≈ $120/SF annually
- Configuration: Expansive ground-floor retail/showroom layout with wide frontage
- Frontage: Prominent Seventh Avenue visibility with strong vehicular and pedestrian exposure
- Potential Uses: National retail, flagship grocery, big-box fitness/wellness, healthcare/medical, high-profile food & beverage
Lease & Terms
- Base Rent: $120,000/month (~$120/SF/YR)
- Term: Negotiable (long-term preferred for flagship tenants)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Located on Seventh Avenue at the crossroads of Chelsea and the West Village, surrounded by dense residential, retail, and dining.
- Transit Access: Steps to 14th Street (1/2/3, A/C/E, L) and close to PATH trains at 14th Street.
- Neighborhood Demand: Strong from retail, grocery, fitness, and healthcare operators serving affluent residents, professionals, and destination shoppers.
- Competitive Advantage: Rare large-format downtown retail block at ~$120/SF, competitively priced for flagship operators in a prime neighborhood corridor.
Summary
The 11,985 SF flagship retail space at 101 Seventh Avenue, New York, NY 10011 is offered at $120,000/month (~$120/SF annually). With its rare scale, prominent frontage, and Chelsea/West Village location, this property represents a compelling opportunity for national retailers, grocery/fitness brands, or healthcare providers seeking a strong downtown presence.
