Retail

For Lease – 468–474 East 32nd Street, New York, NY 10016

Asking Rent: $16,000 / month
Available Space: 1,577 SF
Property Type: Retail
Lease Type: Direct Lease
Location: Kips Bay / Midtown East, Manhattan, New York

Property Overview

Located in the vibrant Kips Bay district of Midtown East, 468–474 East 32nd Street offers a 1,577-square-foot ground-floor retail space ideally suited for boutiques, cafés, medical offices, or service-oriented businesses seeking strong neighborhood visibility and proximity to major institutions.

The space features a full glass storefront, open floor plan, and modern interior finishes, offering flexibility for both customer-facing and professional uses. With high ceilings and a clean rectangular layout, the property provides excellent branding and merchandising potential for a wide variety of tenants.

Situated in a mixed-use residential and medical corridor, this address benefits from consistent foot traffic from NYU Langone Health, Bellevue Hospital, and nearby apartment complexes, creating a strong built-in customer base.

Key Features

• Size: 1,577 SF
• Asking Rent: $16,000 / month
• Use: Retail / Café / Medical / Professional Services
• Frontage: Full glass façade on East 32nd Street
• Ceiling Height: Approx. 12 FT
• Layout: Open-plan retail space with rear storage and restroom
• Condition: Move-in ready; adaptable for multiple uses
• HVAC: Tenant-controlled system
• Access: Street-level ADA-compliant entry
• Building Type: Mixed-use property with ground-floor retail
• Signage: Excellent branding exposure along East 32nd Street

Neighborhood Highlights

Positioned between First Avenue and FDR Drive, 468–474 East 32nd Street sits within a high-density residential and institutional corridor, serving professionals, hospital staff, and students from nearby universities. The area enjoys easy access to NYU Langone Medical Center, Bellevue Hospital, and VA Medical Center, as well as the East River Esplanade and Kips Bay Plaza retail center.

Public transportation options include the 6 train at 33rd Street, as well as multiple MTA bus routes and convenient access to the FDR Drive for drivers. The area’s growing residential population and stable commercial mix make this location ideal for tenants seeking Midtown visibility with a neighborhood feel.

Summary

The 1,577 SF retail space at 468–474 East 32nd Street, New York, NY 10016, is available for $16,000 per month under a direct lease. Offering strong pedestrian exposure, a modern interior layout, and proximity to major medical and residential anchors, this property presents an exceptional opportunity for retail or service tenants to establish a presence in one of Midtown East’s most steadily growing enclaves.