Commercial Retail Space for Lease – 156 Fifth Avenue, New York, NY 10010
Asking Rent: $100,000 / Month
Size: 6,000 SF
Price per SF: ~$200 / SF annually
Property Type: Retail / Flagship / Showroom / Restaurant
Status: Active
Property Overview
156 Fifth Avenue offers approximately 6,000 SF of prime ground-floor retail space along one of Manhattan’s most prestigious commercial corridors. Located at the intersection of Midtown South and Flatiron, this property benefits from exceptional pedestrian traffic, proximity to major office towers, and visibility on Fifth Avenue, making it ideal for flagship retail, luxury brands, or high-profile showroom concepts.
Read More
Key Features
- Total Size: 6,000 SF
- Asking Rent: $100,000/month ($1,200,000 annually)
- Price per SF: ~$200 annually
- Use Flexibility: Suitable for flagship retail, luxury brands, experiential retail, restaurant, or showroom concepts
- Frontage: Prominent Fifth Avenue street-level exposure
- Condition: Delivered ready for tenant build-out or high-end customization
Market Profile
- Target Tenants: Luxury and lifestyle brands, flagship retailers, showroom users, national or international concepts, and upscale food & beverage operators
- Neighborhood Demand: Fifth Avenue and Flatiron remain among Manhattan’s strongest retail submarkets due to dense office population, tourism, and premium brand presence
- Competitive Advantage: Prestigious Fifth Avenue address with heavy daily foot traffic and unmatched brand visibility
Location Advantages
- Neighborhood: Flatiron / Midtown South
- Proximity: Madison Square Park, Union Square, Herald Square, and NoMad
- Transit: Served by N, R, W, 4, 5, 6, and multiple bus lines nearby
- Foot Traffic: Heavy mix of office workers, tourists, shoppers, and residents throughout the day
Summary
The 6,000 SF retail space at 156 Fifth Avenue presents a premier leasing opportunity at $100,000/month (~$200/SF annually) in one of Manhattan’s most visible and prestigious corridors. With outstanding street exposure, strong pedestrian traffic, and flexible use potential, this property is ideally suited for flagship retail or high-profile commercial operators seeking a Fifth Avenue presence.
