Retail
- $10,000
- $10,000
Description
835 Lexington Avenue, New York, NY 10065 – Upper East Side
Asking Rent: $10,000/month
Space: 200 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $50.00/month ($600.00/sq ft annualized)
Property Overview
This 200-square-foot retail space at 835 Lexington Avenue is an ultra-premium, high-impact micro-retail location on one of the Upper East Side’s busiest commercial corridors. With an asking rent of $10,000 per month, it commands one of the highest per-square-foot rates in the city, reflecting its unparalleled pedestrian density and affluent local customer base. This space is not for traditional retail but is designed for high-margin, low-inventory, or service-based concepts like a luxury watch/accessory repair kiosk, high-end jewelry showcase, artisanal chocolate or confectionery counter, exclusive ticket/concierge service, or a premium coffee/espresso bar focused on takeaway.
Space Highlights
- Ultra-compact ground-floor retail box of 200 sq ft with direct frontage on Lexington Avenue.
- Exceptional visibility and walk-in accessibility in a high-density, high-foot-traffic neighborhood.
- Suitable only for specific, high-volume or high-margin micro-concepts: luxury goods repair, artisanal food/drink takeaway, high-end dry cleaning drop-off/pickup, premium cellular/tech accessory store, or a digital art/photography print kiosk.
- Will require a highly efficient, custom-built interior designed to maximize every inch of space for customer interaction and product display.
- The extreme rent is justified solely by location, visibility, and the spending power of the immediate pedestrian traffic, not by usable space.
Location & Neighborhood
- Prime Upper East Side location on Lexington Avenue between 63rd and 64th Streets.
- In the heart of a bustling, affluent residential and commercial corridor, steps from Bloomingdale’s and surrounded by luxury residential buildings.
- Constant, heavy foot traffic from a dense mix of local residents (high disposable income), shoppers, tourists, and office workers.
- Directly serviced by the F train at Lexington Ave-63rd St and the 4/5/6/N/Q/R trains at 59th St or Lexington Ave-63rd St.
- Walkable to Central Park, the Bloomberg Center, and the upscale shops of Madison and 3rd Avenues.
Summary
Priced at $10,000/month ($50.00/sq ft/month), this 200 sq ft space at 835 Lexington Avenue is a speculative, high-stakes investment in pure location and foot traffic. The annualized rent of $600 per square foot is among the highest in Manhattan and is only justifiable for a business with an extremely high profit margin per transaction or a brand using the space as a flagship “billboard” and service point. This is not a space for a traditional store but for a strategic, high-turnover concept that can convert massive pedestrian volume into consistent, high-value sales. Success depends entirely on operational efficiency, premium pricing, and capturing the affluent, convenience-driven local market.
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