Retail

Commercial Lease – 105–107 Lexington Avenue, New York, NY 10016

Asking Rent: $30,000/Month
Size: 930 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: NoMad / Kips Bay Border (10016)
Availability: Immediate

Property Overview

105–107 Lexington Avenue presents a 930 SF retail storefront in one of Manhattan’s most energetic and evolving neighborhoods. Situated along Lexington Avenue near NoMad and Kips Bay, this space benefits from strong foot traffic, a growing residential base, and proximity to dining, nightlife, and cultural destinations.

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.