Commercial Lease – 29 Avenue B, New York, NY 10009
Asking Rent: $25,000/month
Lease Type: Commercial – Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: East Village / Alphabet City (10009)
Availability: Immediate
Property Overview
29 Avenue B offers a 1,080 SF retail storefront in the heart of the East Village’s vibrant Alphabet City. With strong pedestrian activity, eclectic neighborhood energy, and steady demand from both locals and visitors, the property is ideally suited for restaurant/café concepts, boutique retail, wellness operators, or creative services.
Read More
The space benefits from direct Avenue B frontage, proximity to Tompkins Square Park, and a dense residential base, creating a consistent customer flow for both destination and community-focused tenants.
Key Features
- Total Size: ≈ 1,080 SF
- Asking Rent: $25,000/month
- Annualized Rent: ≈ $300,000
- Effective Rent per SF: ≈ $278/SF annually
- Configuration: Boutique layout adaptable for food service, retail, or wellness build-outs
- Frontage: Strong Avenue B exposure with branding potential
- Potential Uses: Restaurant, café/bar, boutique retail, gallery, wellness/fitness, salon
Lease & Terms
- Base Rent: $25,000/month (~$278/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required (ID, company info, proof of funds)
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Prime Alphabet City, steps from Tompkins Square Park and surrounded by bars, cafés, music venues, and boutique shops.
- Transit Access: Close to 1st Avenue (L), 2nd Avenue (F), and multiple downtown bus lines.
- Neighborhood Demand: Strong from F&B, nightlife, boutique retail, and wellness operators targeting a young, trend-driven customer base.
- Competitive Advantage: Rare sub-1,100 SF retail space in Alphabet City with premium Avenue B visibility in a high-demand, character-driven neighborhood.
Summary
The 1,080 SF retail space at 29 Avenue B, New York, NY 10009 is offered at $25,000/month (~$278/SF annually). Its East Village location, eclectic neighborhood energy, and adaptable boutique layout make it a compelling opportunity for F&B, retail, or creative tenants seeking a presence in one of Manhattan’s most dynamic submarkets.
