Retail

1034A Lexington Avenue, New York, NY 10021 – Upper East Side / Lenox Hill
Asking Rent: $7,500
Size: 500 sq ft
Use: Boutique Retail / Specialty Café / High-End Salon / Luxury Service / Fine Jewelry / Art Gallery
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$180.00/sq ft/year | ~$15.00/sq ft/month

Property Overview

This 500-square-foot retail space at 1034A Lexington Avenue presents a compact, high-end opportunity on one of the Upper East Side’s most prestigious and well-trafficked shopping corridors. With an asking rent of $7,500, the space commands a premium price per square foot, reflecting its position in an affluent neighborhood known for its luxury boutiques, designer stores, and upscale clientele. This space is ideal for a curated boutique, specialty café, high-end salon, fine jewelry store, or luxury service provider where exclusivity, presentation, and location drive value.

Space Highlights

• Ultra-compact 500 sq ft of prime ground-floor retail space
• High price per square foot indicative of a luxury retail corridor with significant spending power
• Likely features upscale finishes, strong street visibility, and a prestigious building facade
• Efficient layout requires a highly focused, high-margin concept with impeccable design and customer experience
• Suitable for appointment-based retail, luxury services, or a tightly curated product offering

Location & Neighborhood

• Prime Upper East Side location on Lexington Avenue between 74th and 75th Streets
• In the heart of the affluent Lenox Hill neighborhood, surrounded by luxury residential buildings and high-end shopping
• Extremely high foot traffic from wealthy local residents, visitors, and domestic staff
• Surrounded by designer boutiques, fine dining, luxury salons, and specialty food shops
• Excellent access to subway lines (6 at 77th Street; Q at 72nd Street)
• Walkable to Central Park, prestigious private schools, and cultural institutions like the Park Avenue Armory

Summary

Offered at $7,500 per month (~$180.00/sq ft/year), this 500 sq ft retail space at 1034A Lexington Avenue is a luxury micro-location for a business built on prestige, curation, and high margins. The rent is a direct investment in the unparalleled purchasing power and discerning tastes of the Upper East Side clientele. This space is not for volume sales, but for a brand or service—such as a fine jewelry atelier, bespoke tailor, specialty tea shop, or aesthetic studio—where the address itself conveys exclusivity and where every square foot is optimized for an elevated customer experience.