For Lease – 1007 Second Avenue, New York, NY 10022
Asking Rent: $30,000 / Month
Size: 895 SF
Property Type: Retail
Location: Midtown East / Turtle Bay (10022)
Property Overview
1007 Second Avenue offers an 895 SF boutique retail storefront in the heart of Midtown East. With steady foot traffic from both office workers and residents, the property provides excellent visibility and exposure on a busy avenue corridor. Its compact size and efficient layout make it ideal for food & beverage, café, boutique retail, or service-based operators targeting Midtown’s strong professional and residential base.
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Key Features
- Total Size: 895 SF
- Asking Rent: $30,000 / month
- Annualized Rent: ≈$360,000
- Effective Rent per SF: ≈$402/SF annually
- Frontage: Prominent Second Avenue exposure with strong branding potential
- Configuration: Efficient floorplan suitable for café, specialty retail, or wellness/service uses
- Building: Mixed-use Midtown property surrounded by offices, residential towers, and dining destinations
Lease & Terms
- Base Rent: $30,000 / month (~$402/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 tenants
Market Profile
- Location Advantage: Steps from the UN Headquarters, Midtown office towers, and dense residential blocks.
- Transit Access: Convenient to 51st Street (6, E, M) subway station and multiple crosstown bus routes.
- Neighborhood Demand: High demand for grab-and-go food, boutique retailers, wellness brands, and neighborhood services.
- Competitive Advantage: Rare sub-1,000 SF retail space with strong exposure in Midtown East, priced for both boutique and established operators.
Summary
The 895 SF retail storefront at 1007 Second Avenue, New York, NY 10022 is offered at $30,000/month (~$402/SF annually). With its prime Midtown East location, excellent visibility, and versatile configuration, this property is a standout opportunity for boutique tenants seeking a high-traffic Manhattan address.
