Commercial Lease – 136 Orchard Street, New York, NY 10002
Asking Rent: $7,000/month
Size: 475 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Lower East Side (10002)
Availability: Immediate
Property Overview
136 Orchard Street offers a 475 SF boutique storefront in the heart of the Lower East Side, one of Manhattan’s trendiest retail and nightlife corridors. With steady foot traffic, excellent visibility, and strong co-tenancy from fashion boutiques, art galleries, cafés, and restaurants, this space is ideal for emerging brands, specialty retail, grab-and-go food operators, or service-based tenants.
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Key Features
- Total Size: ≈ 475 SF
- Asking Rent: $7,000/month
- Annualized Rent: ≈ $84,000
- Effective Rent per SF: ≈ $177/SF annually
- Configuration: Compact, efficient floorplan adaptable for boutique retail or food use
- Frontage: Street-level Orchard Street exposure with branding opportunity
- Potential Uses: Boutique fashion, gallery, coffee/juice bar, wellness, salon, service-based retail
Lease & Terms
- Base Rent: $7,000/month (~$177/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 retail leases
Market Profile
Location Advantage: Situated on Orchard Street, a high-demand LES corridor known for boutique fashion, food concepts, and nightlife.
Transit Access: Close to Delancey/Essex (F/M, J/Z), Grand Street (B/D), and multiple bus routes.
Neighborhood Demand: Strong from emerging retail brands, restaurants, and creative lifestyle operators targeting LES’s young, trend-driven demographic.
Competitive Advantage: Rare sub-500 SF storefront in LES, offering affordable entry-point retail in a destination neighborhood.
Summary
The 475 SF retail space at 136 Orchard Street, New York, NY 10002 is offered at $7,000/month (~$177/SF annually). With strong Orchard Street frontage, steady foot traffic, and prime LES positioning, this space is an excellent opportunity for retailers, food operators, or creative brands seeking a boutique downtown presence.
