For Lease – 290 Fifth Avenue, New York, NY 10001
Asking Rent: $80,000 / Month
Size: 6,200 SF
Property Type: Retail
Location: NoMad / Midtown South (10001)
Property Overview
290 Fifth Avenue presents a 6,200 SF flagship retail opportunity in the heart of NoMad, one of Manhattan’s fastest-growing mixed-use corridors. With excellent frontage along Fifth Avenue and proximity to Madison Square Park, this space benefits from steady foot traffic, strong co-tenancy, and high visibility.
The property is ideally configured for flagship retail, dining, showroom, or experiential concepts looking to establish a presence in the vibrant NoMad/Midtown South submarket.
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Key Features
- Total Size: ≈6,200 SF
- Asking Rent: $80,000 / month
- Annualized Rent: ≈$960,000
- Effective Rent per SF: ≈$155/SF annually
- Frontage: Wide Fifth Avenue exposure with premium signage/branding opportunity
- Configuration: Large open floorplate adaptable for flagship retail, F&B, or showroom uses
- Building: Mixed-use Midtown South building with strong neighborhood demand
Lease & Terms
- Base Rent: $80,000 / month (~$155/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, real estate taxes, and obligations typical for retail leases
Market Profile
- Location Advantage: Steps from Madison Square Park, surrounded by luxury hotels, boutique offices, and dining destinations in NoMad.
- Transit Access: Excellent access to 28th Street (R/W, 6) and Herald Square transit hub (B/D/F/M, N/Q/R/W, PATH).
- Neighborhood Demand: High demand from fashion/luxury brands, restaurant groups, and experiential retail concepts.
- Competitive Advantage: Rare 6,200 SF Fifth Avenue flagship space at a competitive effective rent for Midtown South.
Summary
The 6,200 SF retail space at 290 Fifth Avenue, New York, NY 10001 is offered at $80,000/month (~$155/SF annually). With its prime Fifth Avenue frontage, large open layout, and NoMad location, this property represents a premier flagship opportunity for retail or dining operators in one of Manhattan’s most dynamic submarkets.
