Retail

847 Second Avenue, New York, NY 10017 – Midtown East / Turtle Bay
Asking Rent: $10,000/month
Use: High-Turnover Food & Beverage / Specialty Cafe / Luxury Service Retail
Size: 395 sq ft
Property Type: Retail Space
Lease Type: Commercial Lease
Estimated Annual Rent: $120,000
Price per Sq Ft: ~$304/sq ft/year | ~$25.32/sq ft/month

Property Overview
This 395-square-foot retail space at 847 Second Avenue is a high-efficiency, premium-priced opportunity on a bustling Midtown East avenue. With an asking rent of $10,000 per month, this micro-space commands a very high price per square foot, reflecting its position in a high-density corridor of office workers, residents, and commuters. It is designed for a high-margin, high-turnover business such as a specialty coffee shop, juice bar, high-end bakery, or luxury dry cleaner/concierge service where every square foot is optimized for revenue.

Space Highlights

• Ultra-compact 395 sq ft of prime ground-floor retail space
• High-visibility location on Second Avenue between 45th and 46th Streets
• Very high price per square foot reflects maximum retail efficiency and foot traffic potential
• Minimal build-out required; ideal for a streamlined, turnkey food service or retail operation
• Suitable for a business with a strong take-out component or quick-service model

Location & Neighborhood

• Prime Midtown East/Turtle Bay location on Second Avenue, a major north-south thoroughfare
• Extremely high foot traffic from office workers (near the UN and corporate towers), residents, and tourists
• Surrounded by restaurants, bars, and essential services in a densely populated area
• Close to Grand Central Terminal, providing a steady flow of commuters
• Excellent access to subway lines (4/5/6/7, S) at Grand Central-42nd Street

Summary
Offered at $10,000/month (~$304/sq ft/year), this 395 sq ft retail space at 847 Second Avenue is a strategic investment for an operator with a proven, high-volume concept. The rent is justified by the space’s ability to generate significant sales from the constant, dense pedestrian flow of Midtown East. This space is for a business that excels at rapid customer turnover and high sales density, such as a premium coffee brand or essential service catering to the daily needs of the local workforce and residents.