Retail

1779 First Avenue, New York, NY 10128 – Upper East Side / Yorkville
Asking Rent: $20,000
Size: 1,516 sq ft
Use: Neighborhood Restaurant / Café / Bar / Boutique Retail / Specialty Grocery / Service Retail
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$158.31/sq ft/year | ~$13.19/sq ft/month

Property Overview

This 1,516-square-foot retail space at 1779 First Avenue offers a substantial and well-priced opportunity in the residential heart of the Upper East Side’s Yorkville neighborhood. With an asking rent of $20,000, the space presents a competitive price per square foot for a sizable footprint in a stable, high-density residential area. This space is ideal for a full-service neighborhood restaurant, lively bar, boutique, specialty food market, or service business aiming to become a daily destination for local residents and benefit from consistent, loyal foot traffic.

Space Highlights

• Spacious 1,516 sq ft of ground-floor retail space, suitable for a robust dining or retail operation
• Competitive price per square foot for a substantial space in a prime residential corridor
• Likely features classic UES storefront with good visibility and potential for sidewalk seating
• Ample square footage to accommodate a full kitchen, dining area, and bar for a restaurant, or extensive retail displays and storage
• Well-suited for a business that requires more space than a typical boutique to serve a large local customer base

Location & Neighborhood

• Prime Upper East Side location on First Avenue between 92nd and 93rd Streets, in the heart of Yorkville
• In a densely populated, family-oriented residential neighborhood with high disposable income
• Consistent foot traffic from local residents, students from nearby schools, and visitors to nearby Carl Schurz Park and the East River Esplanade
• Surrounded by a mix of long-standing neighborhood restaurants, cafes, boutiques, and essential services
• Excellent access to subway lines (Q, 4/5/6 at 86th Street; 6 at 96th Street) and numerous crosstown buses
• Walkable to Gracie Mansion, Asphalt Green, and the 92nd Street Y

Summary

Offered at $20,000 per month (~$158.31/sq ft/year), this 1,516 sq ft retail space at 1779 First Avenue is a strategic investment in a stable and affluent residential market. The rent is justified by the space’s size, visibility, and location within a neighborhood known for its strong local economy and loyal customer base. This space is perfect for an experienced operator with a concept that caters to the daily needs and lifestyle of Upper East Side residents—such as a popular neighborhood bistro, wine bar, gourmet market, or fitness studio—offering the rare combination of ample space and a manageable rent in one of New York’s most desirable residential enclaves.