For Lease – 1 Park Row, New York, NY 10038
Asking Rent: $90,000 / month
Size: 3,481 SF
Property Type: Retail
Location: Financial District / City Hall Park (10038)
Property Overview
1 Park Row presents a 3,481 SF flagship retail space with prime visibility at the edge of City Hall Park and steps from the Fulton Center and World Trade Center. Surrounded by a dense mix of office towers, residential conversions, and tourist attractions, the location benefits from heavy pedestrian traffic seven days a week.
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This highly adaptable space is ideal for food & beverage, flagship retail, wellness/fitness, or experiential concepts seeking a dominant presence in Lower Manhattan.
Key Features
- Total Size: ≈3,481 SF
- Asking Rent: $90,000 / month
- Annualized Rent: ≈$1,080,000
- Effective Rent per SF: ≈$310/SF annually
- Frontage: Prominent Park Row exposure with wide glass frontage and branding opportunities
- Configuration: Flexible layout adaptable for dining, retail, or service use
- Building: Mixed-use Lower Manhattan building in a premier corner location
Lease & Terms
- Base Rent: $90,000 / month (~$310/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 taxes, and obligations standard for retail leases
Market Profile
- Location Advantage: Adjacent to City Hall Park, Pace University, and the Fulton Transit Center, with connectivity to Tribeca, FiDi, and Chinatown.
- Transit Access: Steps to 4/5/6, R/W, J/Z, 2/3, A/C/E, PATH trains, and multiple bus lines.
- Neighborhood Demand: Heavy demand from QSR, café, fitness, and lifestyle brands targeting both residents and office commuters.
- Competitive Advantage: Rare 3,500 SF Park Row storefront with unmatched visibility and foot traffic at the nexus of government, education, and finance.
Summary
The 3,481 SF retail space at 1 Park Row, New York, NY 10038 is offered at $90,000/month (~$310/SF annually). With its strategic location at City Hall Park, high-profile frontage, and versatile layout, this property provides a premier opportunity for retailers or food operators seeking a downtown flagship presence.
