Commercial Retail Space for Lease – 58–60 Elizabeth Street, New York, NY 10013
Asking Rent: $9,000 / Month
Size: 900 SF
Price per SF: ~$120 / SF annually
Property Type: Retail / Boutique / Specialty Use
Status: Active
Property Overview
58–60 Elizabeth Street offers approximately 900 SF of ground-floor retail space in the heart of Nolita / Little Italy, one of Manhattan’s most vibrant pedestrian shopping and dining districts. The space benefits from steady foot traffic, strong neighborhood character, and proximity to major retail corridors, making it ideal for boutique or specialty retail concepts.
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Key Features
- Total Size: 900 SF
- Asking Rent: $9,000/month ($108,000 annually)
- Price per SF: ~$120 annually
- Use Flexibility: Suitable for boutique retail, specialty food, café-to-go, wellness retail, or service-oriented concepts
- Frontage: Street-level storefront with strong neighborhood visibility
- Condition: Delivered ready for tenant build-out or light customization
Market Profile
- Target Tenants: Boutique retailers, specialty food concepts, dessert shops, wellness or beauty brands, and service-oriented operators
- Neighborhood Demand: Nolita and Little Italy remain high-demand retail submarkets driven by tourism, dense residential population, and destination dining
- Competitive Advantage: At approximately $120/SF, this space offers strong value compared to prime SoHo and Nolita retail corridors
Location Advantages
- Neighborhood: Nolita / Little Italy / Chinatown
- Proximity: Mulberry Street, Canal Street, SoHo, and Bowery
- Transit: Served by B, D, F, M, J, Z, 6, and N, R, W subway lines nearby
- Foot Traffic: Heavy mix of tourists, residents, and office workers throughout the day
Summary
The 900 SF retail space at 58–60 Elizabeth Street presents a strong leasing opportunity at $9,000/month (~$120/SF annually) in one of Lower Manhattan’s most active retail corridors. With steady pedestrian traffic, flexible use potential, and competitive pricing, this property is ideal for boutique or specialty retail operators seeking a visible neighborhood location.
