Commercial Lease – 1111 Lexington Avenue, New York, NY 10075
Asking Rent: $30,000/month
Size: 800 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Upper East Side (10075)
Availability: Immediate
Property Overview
1111 Lexington Avenue offers a boutique 800 SF storefront in the prestigious Upper East Side. With excellent Lexington Avenue frontage, affluent neighborhood demographics, and steady pedestrian traffic, this property is an ideal fit for luxury retail, specialty food & beverage, boutique services, or wellness operators looking to establish presence in one of Manhattan’s most sought-after retail corridors.
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Key Features
- Total Size: ≈ 800 SF
- Asking Rent: $30,000/month
- Annualized Rent: ≈ $360,000
- Effective Rent per SF: ≈ $450/SF annually
- Configuration: Efficient boutique layout adaptable for retail or service build-outs
- Frontage: Prime Lexington Avenue exposure with strong branding opportunity
- Potential Uses: Luxury boutique, café, specialty foods, salon, wellness, gallery
Lease & Terms
- Base Rent: $30,000/month (~$450/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: Located in the heart of the Upper East Side retail corridor, surrounded by high-income households, luxury boutiques, and popular dining establishments.
- Transit Access: Close to the Q train at 72nd Street and the 6 train at 77th Street.
- Neighborhood Demand: Strong from boutique retailers, specialty food operators, and service-based businesses catering to UES residents and visitors.
- Competitive Advantage: Rare sub-1,000 SF retail storefront in one of NYC’s most exclusive neighborhoods.
Summary
The 800 SF retail space at 1111 Lexington Avenue, New York, NY 10075 is offered at $30,000/month (~$450/SF annually). With its prestigious location, boutique scale, and prime Lexington Avenue visibility, this property is a compelling opportunity for luxury retail, food & beverage, or service operators seeking an Upper East Side presence.
