Commercial Lease – 250 East Houston Street, New York, NY 10002
Asking Rent: $30,000/Month
Size: 1,000 SF
Lease Type: Retail
Property Type: Ground-Floor Retail Storefront
Location: Lower East Side (10002)
Availability: Immediate
Property Overview
250 East Houston Street offers a 1,000 SF prime retail storefront on one of downtown’s most visible and high-traffic corridors. Located at the nexus of the Lower East Side, East Village, and Alphabet City, the property benefits from constant pedestrian activity, strong nightlife, and proximity to established dining and retail operators.
This boutique space is well-suited for food & beverage, grab-and-go concepts, boutique retail, gallery, or service-based tenants looking to capitalize on East Houston’s vibrant energy and visibility.
Key Features
- Total Size: ≈1,000 SF
- Asking Rent: $30,000/Month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$360/SF annually
- Frontage: Strong East Houston Street exposure with excellent signage and branding potential
- Configuration: Efficient rectangular layout adaptable for restaurant, café, or boutique retail use
- Building: Mixed-use downtown property with active retail co-tenancy
Lease & Terms
- Base Rent: $30,000/Month (~$360/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: Prominent East Houston Street corridor linking Lower East Side and East Village nightlife, dining, and cultural destinations.
- Transit Access: Close to 2nd Avenue (F), Essex/Delancey (F/M, J/Z), and multiple crosstown bus routes.
- Neighborhood Demand: Strong demand from food & beverage, boutique retail, and experiential concepts driven by young demographics and steady nightlife traffic.
- Competitive Advantage: Rare sub-1,200 SF retail space with East Houston visibility and heavy foot traffic.
Summary
The 1,000 SF retail space at 250 East Houston Street, New York, NY 10002 is offered at $30,000/Month (~$360/SF annually). With its prime frontage, boutique scale, and vibrant Lower East Side location, this property represents an outstanding opportunity for operators seeking a high-visibility downtown storefront.