Retail

For Lease – 581 Second Avenue, New York, NY 10016

Asking Rent: $30,000 / Month
Available Unit Size: 1,600 SF Retail
Property Type: Ground-Floor Storefront Retail
Lease Type: Direct Lease
Location: Kips Bay / Midtown East, Manhattan, New York

Property Overview

Welcome to 581 Second Avenue, a 1,600-square-foot ground-floor retail space offered at $30,000 per month, located in the vibrant Kips Bay section of Midtown East. This prime retail corridor benefits from strong pedestrian flow, dense residential development, and proximity to major medical institutions and office buildings.

The space features wide glass frontage, high ceilings, and an open, flexible interior layout, making it ideal for restaurant, café, wellness, or boutique retail use. Positioned near East 33rd Street, this property provides excellent exposure to local residents, students, and professionals from nearby NYU Langone and Bellevue Hospital campuses.

Key Features

• Asking Rent: $30,000 / Month
• Available Space: 1,600 SF Retail
• Property Type: Ground-Floor Storefront Retail
• Lease Type: Direct Lease
• Frontage: Wide glass façade with strong branding potential
• Ceiling Height: Approx. 12–14 FT
• Layout: Open-plan interior with flexible build-out options
• Condition: Move-in ready
• Neighborhood: Kips Bay / Midtown East – surrounded by residential towers, hospitals, and restaurants
• Transit Access: Near 33rd Street (6) and 28th Street (6) subway stations; easy access to crosstown buses and Midtown Tunnel

Market Profile

Location Advantage:
Second Avenue in Kips Bay serves as a high-traffic retail corridor connecting Murray Hill and Gramercy Park. The area draws consistent foot traffic from healthcare professionals, students, and long-term residents.

Lifestyle Appeal:
The surrounding neighborhood features a strong mix of residential, hospitality, and medical uses, creating a dynamic environment for both daily essentials and destination retail.

Competitive Advantage:
At $30,000/month for 1,600 SF, this listing offers a rare opportunity for retailers or restaurateurs seeking prominent Second Avenue frontage in a high-demand Midtown East submarket.

Summary

The 1,600 SF retail space at 581 Second Avenue, New York, NY 10016, is available for $30,000/month.
With excellent exposure, flexible design potential, and steady local traffic, this property is ideal for food, beverage, boutique retail, or wellness operators seeking visibility and convenience in the heart of Midtown East.