Commercial Lease – 25 Park Row, New York, NY 10038
Asking Rent: $120,000/month
Size: 9,423 SF
Lease Type: Retail / Flagship / Food & Beverage
Property Type: Ground-Floor Retail Space
Location: City Hall / Financial District / Fulton Corridor (10038)
Availability: Immediate
Property Overview
25 Park Row offers a 9,423 SF flagship retail space at the crossroads of City Hall Park, Fulton Street, and the Financial District. With broad Park Row frontage, soaring ceiling heights, and heavy daily pedestrian traffic, the property is ideally suited for national retailers, flagship dining concepts, luxury showrooms, or experiential operators.
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This prime Downtown corner connects Tribeca, FiDi, and Chinatown, ensuring visibility to both local residents and destination shoppers in one of Manhattan’s fastest-growing live/work/play corridors.
Key Features
- Total Size: ≈ 9,423 SF
- Asking Rent: $120,000/month
- Annualized Rent: ≈ $1,440,000
- Effective Rent per SF: ≈ $153/SF annually
- Configuration: Large open floorplate with flexible build-out potential for retail, F&B, or showroom use
- Frontage: Prominent Park Row frontage with branding visibility across from City Hall Park
- Potential Uses: National retail, flagship restaurant, fitness/wellness, gallery, experiential showroom, medical/professional
Lease & Terms
- Base Rent: $120,000/month (~$153/SF/YR)
- Term: Negotiable (long-term preferred)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for flagship retail leases
Market Profile
- Location Advantage: Across from City Hall Park, minutes from Fulton Center, Brookfield Place, and the World Trade Center.
- Transit Access: Fulton Transit Hub (2/3, 4/5, A/C, J/Z, R/W) within walking distance; multiple bus lines at doorstep.
- Neighborhood Demand: Strong from flagship retail, dining, entertainment, and lifestyle operators targeting FiDi’s growing residential and tourist base.
- Competitive Advantage: Rare 9,423 SF contiguous retail space with Park Row exposure in a Downtown market with limited flagship availability.
Summary
The 9,423 SF retail space at 25 Park Row, New York, NY 10038 is offered at $120,000/month (~$153/SF annually). With its flagship scale, Park Row frontage, and central Downtown location, this property represents an exceptional opportunity for national retailers, dining operators, or lifestyle brands seeking a dominant presence in Lower Manhattan.
