Retail

Commercial Lease – 305 East 109th Street, New York, NY 10029

Asking Rent: $10,000/Month
Size: 900 SF
Lease Type: Retail
Property Type: Ground-Floor Retail Space
Location: East Harlem (10029)
Availability: Immediate

Property Overview

305 East 109th Street offers a 900 SF boutique retail space in East Harlem, a neighborhood experiencing strong residential growth, cultural vibrancy, and evolving retail demand. The property benefits from proximity to major avenues, schools, and community institutions, providing steady foot traffic throughout the day.

Its scale makes it an excellent fit for food & beverage, convenience, wellness, or service-based tenants seeking a neighborhood storefront with approachable rent.

Key Features

• Total Size: ≈900 SF
• Asking Rent: $10,000/Month
• Annualized Rent: ≈$120,000
• Effective Rent per SF: ≈$133/SF annually
• Frontage: Neighborhood storefront visibility with branding and signage opportunity
• Configuration: Compact, efficient layout adaptable for café, quick-service dining, boutique retail, or service use
• Building: Mixed-use property with active residential and neighborhood co-tenancy

Lease & Terms

• Base Rent: $10,000/Month (~$133/SF/YR)
• Term: Negotiable (short- or long-term options)
• Availability: Immediate / By agreement
• Due at Signing: First month + security deposit; tenant financials required
• Tenant Responsibilities: Utilities, RE tax, and standard retail lease obligations

Market Profile

• Location Advantage: Situated in East Harlem near Lexington and 2nd Avenues, with growing residential density and neighborhood demand.
• Transit Access: Close to 110th Street–Lexington Avenue (6), 103rd Street (6), and 2nd Avenue bus routes; future 2nd Avenue Subway expansion will further enhance connectivity.
• Neighborhood Demand: Popular with QSR, coffee shops, wellness services, and essential retail operators serving both long-term residents and new arrivals.
• Competitive Advantage: Rare sub-1,000 SF East Harlem storefront at an affordable rent level with steady community-driven demand.

Summary

The 900 SF retail space at 305 East 109th Street, New York, NY 10029 is offered at $10,000/Month (~$133/SF annually). With its approachable size, neighborhood location, and East Harlem growth trajectory, this property is a strong opportunity for local-serving retail or food operators.