Retail

  • $80,000
697, 5th Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10022, United States
For Rent
Retail
697, 5th Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10022, United States
  • $80,000

Description

For Lease – 697–703 Fifth Avenue, New York, NY 10022

  • Asking Rent: $80,000 / Month
  • Unit Size: 2,266 SF
  • Property Type: Retail – Ground Floor / Flagship Boutique
  • Lease Type: Direct Lease
  • Location: Fifth Avenue Luxury Corridor, Plaza District, Midtown Manhattan

Property Overview

Located along Manhattan’s iconic Fifth Avenue corridor, 697–703 Fifth Avenue presents a 2,266 SF boutique retail opportunity in one of the world’s most prestigious shopping destinations. The property combines wide frontage with excellent ceiling heights, delivering a strong platform for premium retail visibility.

Surrounded by international fashion houses, luxury jewelers, and global flagship stores, this space is ideal for high-end fashion, accessories, jewelry, or lifestyle brands seeking an address synonymous with prestige and international appeal.

Key Features

  • Asking Rent: $80,000 / Month
  • Unit Size: 2,266 SF
  • Property Type: Retail – Ground Floor
  • Building Type: Historic Midtown Plaza District property with modernized systems
  • Frontage: Prominent Fifth Avenue visibility with nonstop pedestrian traffic
  • Lease Type: Direct Lease
  • Neighborhood: Plaza District – Fifth Avenue Luxury Corridor

Market Profile

Location Advantage: Fifth Avenue between 50th and 60th Streets is globally recognized as one of the top luxury retail districts, drawing elite brands and high-net-worth shoppers from across the globe.

Lifestyle Appeal: This corridor benefits from constant international tourism, affluent local residents, and Midtown’s corporate workforce. Proximity to Central Park, Rockefeller Center, and luxury hotels amplifies the prestige factor.

Competitive Advantage: At $80,000/month for 2,266 SF, the property offers boutique flagship scale with competitive pricing compared to larger Fifth Avenue spaces, making it highly attractive for luxury retailers looking to establish a prime presence.

Summary

The 2,266 SF retail space at 697–703 Fifth Avenue, New York, NY 10022, offered at $80,000/month, provides an exceptional boutique flagship opportunity in Manhattan’s prestigious Plaza District. With elite co-tenancy, global exposure, and premium frontage, it is ideally positioned for luxury brands seeking maximum impact in one of the world’s most powerful shopping corridors.

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