Commercial Lease – 1226 Third Avenue, New York, NY 10021
Asking Rent: $80,000/Month
Size: 3,215 SF
Lease Type: Retail
Property Type: Ground-Floor Retail / Flagship Opportunity
Location: Upper East Side (10021)
Availability: Immediate
Property Overview
1226 Third Avenue presents a 3,215 SF flagship retail opportunity in the heart of the Upper East Side. Positioned along one of Manhattan’s busiest retail corridors, this space benefits from exceptional foot traffic, strong neighborhood demographics, and proximity to cultural landmarks and transportation hubs.
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The property’s scale and layout make it well-suited for fashion, food & beverage, wellness/fitness, or lifestyle operators seeking a commanding Upper East Side presence.
Key Features
- Total Size: ≈3,215 SF
- Asking Rent: $80,000/Month
- Annualized Rent: ≈$960,000
- Effective Rent per SF: ≈$299/SF annually
- Frontage: Prominent Third Avenue exposure with strong branding and signage potential
- Configuration: Adaptable floorplan suitable for retail, restaurant, or service-based concepts
- Building: Prime Upper East Side property with professional management and strong co-tenancy
Lease & Terms
- Base Rent: $80,000/Month (~$299/SF/YR)
- Term: Negotiable (long-term flagship 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: Situated along Third Avenue in the 70s, a high-traffic corridor lined with national retailers, dining, and neighborhood amenities.
- Transit Access: Close to 72nd Street (Q), 77th Street (6), and crosstown buses.
- Neighborhood Demand: Strong demand from apparel, lifestyle, restaurant, and service operators serving both residents and visitors.
- Competitive Advantage: Rare 3,200+ SF Upper East Side retail space with flagship frontage and exceptional foot traffic.
Summary
The 3,215 SF retail space at 1226 Third Avenue, New York, NY 10021 is offered at $80,000/Month (~$299/SF annually). With its flagship scale, premier Upper East Side location, and strong branding potential, this property represents an excellent opportunity for retail or lifestyle operators seeking high visibility and steady demand.
