Commercial Lease – 601–603 Avenue of the Americas, New York, NY 10011
Asking Rent: $40,000/Month
Size: 1,300 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Flatiron / Chelsea Corridor (10011)
Availability: Immediate
Property Overview
601–603 Avenue of the Americas offers a 1,300 SF prime retail storefront in the Flatiron/Chelsea corridor, one of Manhattan’s most active shopping and dining districts. With excellent frontage along Sixth Avenue, heavy foot traffic, and proximity to Union Square, the High Line, and Chelsea Market, this space is ideal for restaurants, cafés, boutique retail, fitness/wellness, or service-based operators.
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The property’s boutique size makes it especially attractive for brands seeking a flagship-style presence at a manageable scale in a high-visibility location.
Key Features
- Total Size: ≈1,300 SF
- Asking Rent: $40,000/Month
- Annualized Rent: ≈$480,000
- Effective Rent per SF: ≈$369/SF annually
- Configuration: Open retail layout adaptable for food & beverage or boutique retail build-out
- Frontage: Prominent Avenue of the Americas exposure with strong branding opportunity
- Potential Uses: Flagship retail, café/restaurant, boutique fashion, gallery, fitness/wellness, salon, service-based retail
Lease & Terms
- Base Rent: $40,000/Month (~$369/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 Sixth Avenue between Chelsea and Flatiron, a corridor with strong retail, dining, and lifestyle demand. Close to Union Square, Madison Square Park, and destination shopping corridors.
Transit Access: Steps from the 14th Street subway hub (F/M, L, 1/2/3, A/C/E) and PATH trains.
Neighborhood Demand: Strong from food & beverage operators, boutique retailers, fitness/wellness brands, and lifestyle tenants targeting residents, commuters, and visitors.
Competitive Advantage: Rare sub-1,500 SF retail space in the Flatiron/Chelsea corridor with premium visibility.
Summary
The 1,300 SF retail space at 601–603 Avenue of the Americas, New York, NY 10011 is offered at $40,000/Month (~$369/SF annually). With prime Sixth Avenue exposure, steady pedestrian flow, and boutique size, this property is an excellent opportunity for retailers or food & beverage operators seeking a presence in one of Manhattan’s most dynamic districts.
