For Lease – 36–38 Park Row, New York, NY 10038
Asking Rent: $30,000 / month
Size: 400 SF
Property Type: Retail
Location: Financial District / City Hall Park (10038)
Property Overview
36–38 Park Row offers a 400 SF retail storefront directly across from City Hall Park, benefiting from some of the highest pedestrian volumes in Lower Manhattan. Its compact layout makes it a rare boutique opportunity for coffee, grab-and-go food, specialty retail, or service-based tenants seeking a visible downtown presence at the edge of the Financial District and Tribeca.
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Key Features
- Total Size: ≈400 SF
- Asking Rent: $30,000 / month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$900/SF annually
- Frontage: Prominent Park Row visibility with branding opportunity
- Configuration: Compact, efficient layout ideal for boutique or grab-and-go retail
- Building: Mixed-use Lower Manhattan property with steady residential, commuter, and tourist foot traffic
Lease & Terms
- Base Rent: $30,000 / month (~$900/SF/YR)
- Term: Negotiable
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE taxes, and standard retail lease obligations
Market Profile
- Location Advantage: Steps from City Hall Park, Pace University, World Trade Center, and Fulton Center.
- Transit Access: 4/5/6, R/W, J/Z, 2/3, A/C/E, PATH, and multiple bus lines all within a short walk.
- Neighborhood Demand: High demand from QSR, cafés, grab-and-go operators, and boutique retailers catering to commuters, residents, and students.
- Competitive Advantage: Rare sub-500 SF retail space in a premier FiDi location with extremely high visibility.
Summary
The 400 SF retail space at 36–38 Park Row, New York, NY 10038 is offered at $30,000/month (~$900/SF annually). With unmatched foot traffic, prominent visibility, and a compact, efficient configuration, this property is an ideal downtown opportunity for boutique food and retail operators.
