Retail

155 East 106th Street, New York, NY 10029 – East Harlem / El Barrio
Asking Rent: $2,500
Size: 400 sq ft
Use: Neighborhood Retail / Specialty Cafe / Boutique / Service Business
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$75.00/sq ft/year | ~$6.25/sq ft/month

Property Overview

This 400-square-foot retail space at 155 East 106th Street presents a neighborhood-focused opportunity in the vibrant and evolving community of East Harlem. With an asking rent of $2,500, the space carries a moderate price per square foot for a local retail storefront, reflecting its role as a community-serving business location rather than a high-traffic tourist destination. This space is ideal for a local entrepreneur, a specialty food shop, a boutique, or a personal service business looking to establish a presence in a tight-knit, residential neighborhood with growing economic activity and cultural richness.

Space Highlights

• Compact 400 sq ft of ground-floor retail space, suitable for a focused, efficient operation
• Moderate price per square foot appropriate for a neighborhood commercial corridor
• Likely a classic NYC storefront layout with street visibility and direct access
• Manageable size and rent for a first-time business owner or established local operator
• Ideal for a concept that relies on local resident loyalty and repeat business

Location & Neighborhood

• Located on East 106th Street between Lexington and Third Avenues in East Harlem (El Barrio)
• Heart of a historic residential neighborhood known for its strong cultural identity, community institutions, and local dining scene
• Serves a dense population of long-term residents, families, and a growing number of new developments
• Close to cultural landmarks like El Museo del Barrio and Central Park’s northern entrance
• Good access to subway lines (6 at 103rd Street or 110th Street; 2/3 at 110th Street)
• Increasing foot traffic from local shoppers, students, and visitors to nearby cultural attractions

Summary

Offered at $2,500 per month (~$75.00/sq ft/year), this 400 sq ft retail space at 155 East 106th Street is an accessible and community-oriented retail opportunity. The value lies in its role as a potential neighborhood anchor, serving the daily needs and tastes of East Harlem residents. This space is perfect for a locally-owned business—such as a specialty grocery, coffee shop, boutique, or salon—that seeks to build a loyal customer base within a supportive and culturally rich community, rather than competing in high-cost, high-volume tourist districts.