1998 3rd Avenue — East Harlem / Upper Manhattan Corridor, New York, NY 10029
Rent: $6,500/month
Type: Retail / Commercial Space
Size: 1,200 ft²
Location: East Harlem (Upper Manhattan) — 3rd Avenue Corridor
Location Description
1998 3rd Avenue is located in East Harlem (10029) along the active 3rd Avenue commercial corridor, a neighborhood known for strong residential density, steady pedestrian activity, and continued development growth moving north from the Upper East Side. The area draws daily foot traffic from local residents, nearby schools, neighborhood services, and commuters traveling through major north–south avenues.
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This stretch of 3rd Avenue benefits from consistent storefront visibility and a local customer base that supports essential retail, food concepts, and service-oriented businesses.
Space & Business Potential
This approximately 1,200-square-foot retail space is well-suited for neighborhood-serving concepts that rely on repeat local customers and strong street presence.
Ideal uses may include:
- Café / quick-service food concept
- Boutique retail or specialty shop
- Salon, spa, or wellness service
- Medical/office retail (where permitted)
- Convenience or local service business
Key advantages include:
- Strong residential-driven foot traffic
- Excellent signage/visibility on a main avenue
- Efficient size for flexible layouts and buildouts
- Cost-effective rent compared with prime Manhattan cores
Financial Overview
- Asking rent: $6,500/month
- Approximate size: 1,200 ft²
- Estimated rent per square foot: ~$65/ft² annually
Neighborhood Highlights
Nearby demand drivers include:
- Dense residential blocks throughout East Harlem
- Proximity to Upper East Side spillover activity
- Growing mix of new developments and long-term residents
- Strong demand for convenient retail, food, and services
Transportation
Convenient transit access in the area typically includes:
- 4 / 5 / 6 trains (East Harlem stations nearby)
- MTA bus routes along 2nd/3rd Avenue corridors
- Quick access to major north–south routes for deliveries and customer flow
Summary
1998 3rd Avenue offers a 1,200 ft² retail opportunity at $6,500/month in the heart of East Harlem, positioned on a high-visibility avenue with consistent neighborhood foot traffic. It’s a practical, scalable space for retail, food, or service businesses looking for strong Manhattan exposure at a more accessible rent level.
