For Lease – 5 St. Marks Place, New York, NY 10003
Asking Rent: $15,000 / Month
Unit Size: 1,500 SF
Property Type: Retail – Ground Floor / Boutique Space
Lease Type: Direct Lease
Location: East Village, Manhattan
Property Overview
Situated on the iconic St. Marks Place, 5 St. Marks Place offers 1,500 SF of retail space in one of the East Village’s most energetic corridors. Known for its cultural edge, vibrant foot traffic, and eclectic mix of retail, dining, and nightlife, the location is ideal for food & beverage, lifestyle retail, or experiential concepts seeking high visibility in a dynamic neighborhood.
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With steady traffic from residents, students, and tourists, this stretch of St. Marks provides excellent exposure and strong branding opportunities for operators targeting a diverse, trend-conscious audience.
Key Features
- Asking Rent: $15,000 / Month
- Unit Size: 1,500 SF
- Property Type: Retail – Boutique Ground Floor Space
- Location: St. Marks Place, East Village, Manhattan
- Frontage: Strong street-level presence in one of downtown’s busiest corridors
- Transit Access: Steps from Astor Place (6 line) and close to 8th Street–NYU (N/R/W lines)
- Neighborhood Profile: High foot traffic from students, young professionals, and destination visitors
Market Profile
- Location Advantage: St. Marks Place is a legendary downtown retail and cultural destination, drawing heavy traffic throughout the day and night.
- Lifestyle Appeal: The area supports a mix of nightlife, dining, independent shops, and creative retail, making it attractive for trend-forward concepts.
- Competitive Advantage: At $15,000/month for 1,500 SF, this property provides strong value for a prime East Village address with nonstop exposure.
Summary
The 1,500 SF retail space at 5 St. Marks Place, New York, NY 10003, offered at $15,000/month, presents a rare opportunity to lease in one of the East Village’s most iconic corridors. With constant foot traffic, cultural cachet, and a youthful, trend-driven customer base, the space is ideally suited for retail and lifestyle operators looking for impact and visibility.
