Commercial Lease – 295 Park Avenue South, New York, NY 10010
Asking Rent: $30,000/Month
Size: 750 SF
Lease Type: Retail
Property Type: Ground-Floor Boutique Retail Storefront
Location: Flatiron / Union Square District (10010)
Availability: Immediate
Property Overview
295 Park Avenue South offers a 750 SF boutique retail storefront in the high-demand Flatiron/Union Square corridor. With strong pedestrian activity, affluent neighborhood demographics, and proximity to residential, office, and cultural destinations, the space provides exceptional exposure for boutique operators.
The compact yet visible footprint is ideal for coffee, grab-and-go dining, specialty retail, gallery, or service-oriented concepts seeking a branded presence along Park Avenue South.
Key Features
- Total Size: ≈750 SF
- Asking Rent: $30,000/Month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$480/SF annually
- Frontage: Prime Park Avenue South exposure with excellent signage and branding opportunity
- Configuration: Efficient, open-plan layout adaptable for food & beverage or boutique retail use
- Building: Mixed-use Flatiron/Union Square property with strong neighborhood co-tenancy
Lease & Terms
- Base Rent: $30,000/Month (~$480/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 taxes, and standard obligations for retail leases
Market Profile
- Location Advantage: Steps from Union Square and Madison Square Park, surrounded by vibrant dining, shopping, and office corridors.
- Transit Access: Close to 23rd Street (6, R/W) and Union Square (4/5/6, N/Q/R/W, L).
- Neighborhood Demand: Strong demand from boutique F&B operators, wellness/lifestyle concepts, and specialty retailers.
- Competitive Advantage: Rare sub-800 SF Park Avenue South storefront with high visibility and pedestrian flow.
Summary
The 750 SF retail space at 295 Park Avenue South, New York, NY 10010 is offered at $30,000/Month (~$480/SF annually). With its boutique scale, prime Park Avenue South frontage, and proximity to Union Square, this property is an outstanding opportunity for retail or food & beverage operators seeking a downtown presence in one of Manhattan’s busiest corridors.