Retail

Property Summary – 180 1st Avenue, New York, NY 10009 (East Village)

Rent: $18,000/month
Type: Retail / Commercial Space
Size: 1,600 ft²
Location: 1st Avenue Corridor — East Village, Manhattan

Location Description

180 1st Avenue is located in the heart of the East Village, one of Manhattan’s most active and nightlife-driven neighborhoods. 1st Avenue is a major north–south artery with consistent pedestrian activity from residents, students, restaurant patrons, and destination shoppers.

This corridor benefits from:

• Dense residential population
• Heavy evening and weekend traffic
• Restaurant and bar concentration
• Proximity to NYU and downtown commercial zones

The East Village retail market is driven by strong neighborhood loyalty and high foot traffic throughout the day and night.

Space & Business Potential

This approximately 1,600-square-foot retail space offers an ideal mid-sized footprint for businesses seeking strong street presence and high visibility.

Well-suited for:

• Restaurant or café concept (subject to venting/permits)
• Boutique retail or lifestyle brand
• Specialty food or dessert concept
• Bar/lounge (if permitted)
• Fitness, wellness, or beauty studio
• Pet retail, curated goods, or service retail

Key advantages:

• Prime East Village frontage
• Strong nightlife and dining ecosystem
• Excellent signage visibility
• Solid size for revenue-producing layout
• High daily pedestrian traffic

Financial Overview

• Asking Rent: $18,000/month
• Annual Rent: $216,000/year
• Size: 1,600 ft²
• Estimated Rent per Square Foot: ~$135/ft² annually

Neighborhood Highlights

Nearby demand drivers include:

• Dense walk-up and mid-rise residential buildings
• NYU student population
• Strong bar/restaurant cluster
• Tompkins Square Park proximity
• Heavy nightlife and weekend tourism traffic

The East Village continues to support independent brands and creative retail concepts.

Transportation

Convenient access via:

• L train (1st Avenue)
• F train (2nd Avenue)
• 6 train (Astor Place / Bleecker area)
• Multiple MTA bus routes along 1st Avenue

Summary

180 1st Avenue offers a 1,600 ft² retail opportunity at $18,000/month (~$135/ft² annually) in a prime East Village corridor. With strong foot traffic, nightlife energy, and dense residential demand, this location is well suited for food, boutique retail, or service-oriented concepts seeking a vibrant downtown presence.