Retail

Commercial Retail Space for Lease – 37–39 Avenue A, New York, NY 10009

Asking Rent: $9,200 / Month
Size: 1,500 SF
Price per SF: ~$74 / SF annually
Property Type: Retail / Restaurant / Showroom / Specialty Use
Status: Active

Property Overview

37–39 Avenue A offers approximately 1,500 SF of ground-floor retail space in the heart of the East Village / Alphabet City corridor, one of Manhattan’s most vibrant and culturally rich neighborhoods. Positioned along Avenue A, the space benefits from steady pedestrian traffic, dense surrounding residential population, and close proximity to nightlife, dining, and entertainment destinations, making it an ideal location for retail or food-and-beverage operators.

Key Features

• Total Size: 1,500 SF
• Asking Rent: $9,200/month ($110,400 annually)
• Price per SF: ~$74 annually
• Use Flexibility: Suitable for restaurant, café, boutique retail, specialty food, wellness retail, or showroom concepts
• Frontage: Street-level storefront with strong Avenue A exposure
• Condition: Delivered ready for tenant build-out or light customization

Market Profile

• Target Tenants: Restaurants, cafés, boutique retailers, specialty food operators, wellness or beauty brands, and service-oriented businesses
• Neighborhood Demand: The East Village and Alphabet City remain high-demand retail corridors driven by nightlife, NYU, and dense residential population
• Competitive Advantage: Attractive pricing for Avenue A frontage compared to nearby Avenue B and Avenue C retail locations

Location Advantages

• Neighborhood: East Village / Alphabet City
• Proximity: Tompkins Square Park, St. Mark’s Place, Avenue B, and Lower East Side
• Transit: Served by L train at 1st Avenue and nearby F, J, M, Z, and 6 subway lines
• Foot Traffic: Heavy mix of residents, students, and nightlife patrons throughout the day and evening

Summary

The 1,500 SF retail space at 37–39 Avenue A presents a strong leasing opportunity at $9,200/month (~$74/SF annually) in one of Manhattan’s most active neighborhood retail corridors. With excellent street visibility, steady pedestrian traffic, and flexible use potential, this property is well suited for retail or restaurant operators seeking a foothold in the East Village.