The property’s size and visibility make it ideal for restaurants, cafés, boutique retail, wellness studios, or service-based tenants seeking a central Manhattan location with high visibility and steady demand.
Key Features
- Total Size: ≈930 SF
- Asking Rent: $30,000/Month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$387/SF annually
- Configuration: Efficient floorplan adaptable for retail or food & beverage build-out
- Frontage: Prominent Lexington Avenue exposure with strong branding potential
- Potential Uses: Café/restaurant, boutique fashion, fitness/wellness, gallery, salon, service-based retail
Lease & Terms
- Base Rent: $30,000/Month (~$387/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: Positioned near NoMad, Kips Bay, and Murray Hill, this corridor is popular with professionals, residents, and visitors alike. High-density residential and office buildings ensure steady day-and-night activity.
Transit Access: Close to the 28th Street subway (6), 33rd Street station, and multiple bus routes.
Neighborhood Demand: Strong from food & beverage operators, boutique retail, wellness/lifestyle brands, and service-based tenants.
Competitive Advantage: Rare sub-1,000 SF retail space in a growing corridor with steady pedestrian flow and Midtown proximity.
Summary
The 930 SF retail space at 105–107 Lexington Avenue, New York, NY 10016 is offered at $30,000/Month (~$387/SF annually). With its prime Lexington Avenue frontage, adaptable layout, and location bridging NoMad and Kips Bay, this property is a compelling opportunity for restaurants, cafés, or boutique retail operators seeking Midtown visibility.
