Commercial Retail Space for Lease – 114–116 E 13th Street, New York, NY 10003
Asking Rent: $20,000 / Month
Size: 3,500 SF
Price per SF: ~$69 / SF annually
Property Type: Retail / Restaurant / Showroom / Specialty Use
Status: Active
Property Overview
114–116 East 13th Street offers approximately 3,500 SF of ground-floor retail space in the heart of the East Village / Union Square corridor, one of Manhattan’s most dynamic retail and dining neighborhoods. Located along a well-traveled cross street near major transit hubs, the property benefits from steady pedestrian traffic and strong neighborhood visibility, making it ideal for retail or food-and-beverage concepts.
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Key Features
- Total Size: 3,500 SF
- Asking Rent: $20,000/month ($240,000 annually)
- Price per SF: ~$69 annually
- Use Flexibility: Suitable for restaurant, café, boutique retail, specialty food, wellness retail, or showroom concepts
- Frontage: Street-level presence with strong neighborhood exposure
- Condition: Delivered ready for tenant build-out or light customization
Market Profile
- Target Tenants: Restaurants, cafés, boutique retailers, specialty food operators, fitness or wellness brands, and showroom users
- Neighborhood Demand: East Village and Union Square remain high-demand submarkets driven by dense residential population, NYU, nightlife, and strong transit connectivity
- Competitive Advantage: At approximately $69/SF, this space offers exceptional value compared to higher-priced Union Square and SoHo retail corridors
Location Advantages
- Neighborhood: East Village / Union Square
- Proximity: Union Square Park, NYU, St. Mark’s Place, and Broadway retail corridor
- Transit: Served by 4, 5, 6, N, Q, R, W, L, and multiple bus lines nearby
- Foot Traffic: Heavy mix of students, professionals, shoppers, and residents throughout the day
Summary
The 3,500 SF retail space at 114–116 East 13th Street presents a strong leasing opportunity at $20,000/month (~$69/SF annually) in one of Manhattan’s most active retail and dining corridors. With excellent transit access, flexible usage potential, and highly competitive pricing, this property is well suited for retail or restaurant operators seeking a central East Village presence.
