Retail

2163 First Avenue, New York, NY 10029 – East Harlem / Upper East Side Border
Asking Rent: $11,000
Size: 1,500 sq ft
Use: Neighborhood Restaurant / Café / Bar / Grocery / Pharmacy / Service Retail / Medical Office
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$88.00/sq ft/year | ~$7.33/sq ft/month

Property Overview

This 1,500-square-foot retail space at 2163 First Avenue offers a substantial and well-priced opportunity in a bustling residential corridor of East Harlem, near the border of the Upper East Side. With an asking rent of $11,000, the space provides a competitive price per square foot for a sizable footprint in a neighborhood with strong local demand and steady foot traffic. This space is ideal for a neighborhood-serving business such as a full-service restaurant, café, bar, grocery, pharmacy, or medical office aiming to become a community anchor.

Space Highlights

• Spacious 1,500 sq ft of ground-floor retail space
• Competitive price per square foot for a large-format space in a residential neighborhood
• Likely features classic NYC storefront layout with good visibility and street access
• Ample square footage for a restaurant with dining area and kitchen, or a sizable retail store with backroom storage
• Versatile space suitable for a variety of community-focused uses

Location & Neighborhood

• Prime location on First Avenue between 111th and 112th Streets
• In a densely populated residential area of East Harlem with a strong local community
• High daily foot traffic from residents, students, and workers from nearby institutions
• Surrounded by essential services, local dining, and residential buildings
• Close to public transportation, parks, and community facilities
• Accessible via subway lines (6 at 110th Street or 116th Street) and multiple bus lines
• Near the border of the Upper East Side, drawing from both neighborhoods

Summary

Offered at $11,000 per month (~$88.00/sq ft/year), this 1,500 sq ft retail space at 2163 First Avenue is a strong community investment for a business looking to serve the daily needs of a loyal local population. The rent reflects the space’s size and potential to become a neighborhood destination rather than a high-volume tourist spot. This space is perfect for an established operator or local entrepreneur with a concept—such as a family restaurant, neighborhood bar, specialty grocery, or medical practice—that can build a lasting relationship with the community and benefit from consistent local patronage.