Commercial Lease – 231 Second Avenue, New York, NY 10003
Asking Rent: $8,000/Month
Size: 600 SF
Lease Type: Retail
Property Type: Ground-Floor Retail / Boutique Space
Location: East Village (10003)
Availability: Immediate
Property Overview
231 Second Avenue offers a 600 SF boutique retail storefront in the heart of the East Village. With excellent visibility along Second Avenue and steady pedestrian traffic, the property provides an ideal platform for small-scale operators seeking exposure in one of Manhattan’s most dynamic neighborhoods.
Its intimate footprint is well-suited for coffee, grab-and-go dining, boutique retail, specialty services, or creative concepts looking to capture the East Village’s diverse resident and visitor base.
Key Features
- Total Size: ≈600 SF
- Asking Rent: $8,000/Month
- Annualized Rent: ≈$96,000
- Effective Rent per SF: ≈$160/SF annually
- Frontage: Visible Second Avenue exposure with strong signage potential
- Configuration: Compact, efficient layout adaptable for food & beverage, retail, or service-based use
- Building: Mixed-use East Village property with active residential and retail co-tenancy
Lease & Terms
- Base Rent: $8,000/Month (~$160/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 obligations
Market Profile
- Location Advantage: Central East Village, near St. Mark’s Place and a thriving nightlife, dining, and cultural corridor.
- Transit Access: Close to Astor Place (6), 8th Street–NYU (R/W), and 2nd Avenue (F).
- Neighborhood Demand: Strong demand from boutique food operators, wellness services, and creative retail concepts.
- Competitive Advantage: Rare sub-650 SF retail storefront with excellent East Village visibility at an approachable rent level.
Summary
The 600 SF retail space at 231 Second Avenue, New York, NY 10003 is offered at $8,000/Month (~$160/SF annually). With its boutique scale, Second Avenue exposure, and dynamic East Village location, this property is an excellent opportunity for food, service, or retail operators seeking a presence in one of Manhattan’s most energetic neighborhoods.