The space provides exceptional branding opportunities with heavy pedestrian traffic from both affluent New Yorkers and international visitors. It is ideally suited for luxury fashion, jewelry, lifestyle brands, or experiential retail concepts looking to establish or expand their Fifth Avenue presence.
Key Features
- Asking Rent: $90,000 / Month
- Unit Size: 4,022 SF
- Property Type: Retail – Ground Floor / Flagship
- Building Type: Iconic Plaza District Tower with Retail Base
- Frontage: Strong Fifth Avenue exposure with high pedestrian traffic
- Lease Type: Direct Lease
- Neighborhood: Plaza District – Midtown Manhattan’s premier luxury shopping corridor
Market Profile
Location Advantage: Fifth Avenue between 50th and 60th Streets is one of the most prestigious retail corridors in the world, anchored by elite global brands and institutions such as Saks Fifth Avenue, Bergdorf Goodman, and flagship fashion houses.
Lifestyle Appeal: The area is frequented by affluent residents, global tourists, and corporate professionals, ensuring consistent high-spending foot traffic.
Competitive Advantage: At $90,000/month for 4,022 SF, this boutique flagship space provides scale and visibility at a rate highly competitive within Manhattan’s premier luxury retail market.
Summary
The 4,022 SF retail space at 693 Fifth Avenue, New York, NY 10022, offered at $90,000/month, represents a rare opportunity for luxury retailers to secure a premier Fifth Avenue address. With global brand neighbors, unmatched visibility, and nonstop pedestrian activity, the property is an ideal platform for establishing a flagship presence in one of the world’s most powerful retail corridors.