Surrounded by a vibrant mix of residential, office, and hospitality demand, the property offers strong branding potential and an adaptable floorplan for a wide range of tenants.
Key Features
- Total Size: ≈850 SF
- Asking Rent: $40,000/Month
- Annualized Rent: ≈$480,000
- Effective Rent per SF: ≈$565/SF annually
- Configuration: Open, efficient floorplan adaptable for retail, café, or food use
- Frontage: Prime Lexington Avenue exposure with strong branding opportunity
- Potential Uses: Café/restaurant, grab-and-go food, boutique fashion, wellness/fitness, gallery, salon
Lease & Terms
- Base Rent: $40,000/Month (~$565/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 along Lexington Avenue in NoMad/Kips Bay, near popular dining corridors, boutique hotels, and nightlife destinations.
Transit Access: Close to the 28th Street (6) subway station and convenient to multiple crosstown and uptown/downtown bus routes.
Neighborhood Demand: High demand from food & beverage operators, boutique retailers, and wellness/lifestyle brands driven by young professionals, residents, and office workers in the area.
Competitive Advantage: Rare sub-1,000 SF retail storefront in a vibrant dining and lifestyle corridor.
Summary
The 850 SF retail space at 134 Lexington Avenue, New York, NY 10016 is offered at $40,000/Month (~$565/SF annually). With prime Lexington Avenue visibility, adaptable layout, and location in the growing NoMad/Kips Bay market, this property is a unique opportunity for boutique retailers, restaurants, or service-based tenants seeking Midtown South presence.
