Retail

Commercial Lease – 916–918 Third Avenue, New York, NY 10022

Asking Rent: $10,000/month
Size: 661 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Midtown East / Plaza District (10022)
Availability: Immediate

Property Overview

916–918 Third Avenue presents a 661 SF boutique retail space in the heart of Midtown East. With excellent Third Avenue frontage, heavy foot traffic, and proximity to major office towers and residential buildings, this location is perfectly suited for grab-and-go food operators, boutique retail, or service-based tenants seeking visibility in a dense commercial and residential corridor.

Key Features

• Total Size: ≈ 661 SF
• Asking Rent: $10,000/month
• Annualized Rent: ≈ $120,000
• Effective Rent per SF: ≈ $181/SF annually
• Configuration: Compact, efficient layout with adaptable build-out potential
• Frontage: Strong Third Avenue exposure with steady commuter and local traffic
• Potential Uses: Quick-service food, boutique retail, wellness/fitness, salon, specialty service

Lease & Terms

• Base Rent: $10,000/month (~$181/SF/YR)
• Term: Negotiable
• Availability: Immediate / by agreement
• Due at Signing: First month + security deposit; tenant financials required
• Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases

Market Profile

Location Advantage: Midtown East / Plaza District—surrounded by Class A office towers, national retailers, hotels, and residential high-rises.

Transit Access: Steps to E/M (Lexington Ave–53rd St), 6 train (51st St), and multiple bus lines.

Neighborhood Demand: Strong from quick-service restaurants, cafés, boutique retailers, and wellness/beauty operators serving Midtown professionals and residents.

Competitive Advantage: Rare sub-700 SF Midtown retail space with prime frontage at a manageable monthly rent.

Summary

The 661 SF retail space at 916–918 Third Avenue, New York, NY 10022 is offered at $10,000/month (~$181/SF annually). With its Midtown East location, heavy foot traffic, and compact efficiency, this property is a compelling opportunity for food, retail, or service operators seeking a strong presence in the Plaza District corridor.