1567 York Avenue, New York, NY 10028 – Upper East Side / Yorkville
Asking Rent: $10,000/month
Space: 1,258 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $7.95/month ($95.40/sq ft annualized)
Property Overview
This 1,258-square-foot retail space at 1567 York Avenue offers a substantial neighborhood retail opportunity on a major residential avenue in the Upper East Side’s Yorkville neighborhood. With an asking rent of $10,000 per month, it is positioned for a community-serving business such as a restaurant or cafe, boutique fitness studio, salon/spa, physical therapy office, or high-end convenience market. The size allows for a spacious customer area and back-of-house operations, catering to the daily needs and lifestyle of a dense, affluent local population.
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Space Highlights
- Spacious ground-floor retail space of 1,258 sq ft with direct frontage on York Avenue.
- Ample square footage suitable for a full-service restaurant (with kitchen and dining), boutique fitness studio (yoga, pilates, barre), wellness center (physical therapy, chiropractic, massage), salon/spa, or a specialty grocery/deli.
- High visibility on a major north-south avenue with consistent local traffic.
- Likely features a standard retail build-out; tenant responsible for a full interior build-out which may include specialized flooring, plumbing for bathrooms/showers, kitchen ventilation, or medical office modifications.
- The size provides flexibility for a hybrid model, such as a cafe with a retail section or a studio with a small lounge area.
Location & Neighborhood
- Prime Upper East Side / Yorkville location on York Avenue between 83rd and 84th Streets.
- Situated in a densely populated, primarily residential neighborhood with high average household income.
- Serves a captive local audience with strong repeat business potential for essential services and dining.
- Proximity to Weill Cornell Medical Center and Hospital for Special Surgery provides additional foot traffic from medical staff, patients, and visitors.
- Strong daily foot traffic from residents, dog walkers, and commuters, though less tourist-driven than avenues further west.
- Good transit access via the Q train at 86th St and multiple north-south bus lines along York, 1st, and 2nd Avenues.
- Walkable to Carl Schurz Park, the East River Esplanade, and the bustling 86th Street shopping corridor.
Summary
Priced at $10,000/month ($7.95/sq ft/month), this 1,258 sq ft retail space at 1567 York Avenue offers solid value for a sizable footprint in a wealthy, stable neighborhood. The annualized rent of $95.40 per square foot is reasonable for the Upper East Side and reflects the space’s utility for a service-based or destination business. This opportunity is ideal for an entrepreneur or established local business looking to open a neighborhood anchor—a place that becomes a daily or weekly routine for residents. Success depends on offering high-quality, convenient services or experiences that meet the specific needs of the Upper East Side community, from fitness and wellness to dining and everyday conveniences. It’s a play on loyalty and repeat business in a premium residential enclave.
