Retail

Prime Retail Space on the Upper East Side – 340 E 57th Street

Address: 340 E 57th Street, New York, NY, 10022
Price: $15,000/month
Square Feet: 926 SF
Type: Retail Space

Property Overview:

Located in the prestigious Sutton Place / Upper East Side neighborhood, 340 E 57th Street offers 926 SF of prime retail space at a competitive price point. Ideal for boutique shops, specialty food or wine stores, beauty salons, medical spas, art galleries, or service-based businesses. Positioned between First Avenue and Sutton Place, this space benefits from proximity to luxury residential buildings, hospitals, and quiet tree-lined streets with an affluent local customer base.

Key Features:

Prime Upper East Side / Sutton Place Location:

• Situated on East 57th Street, a well-regarded corridor known for its upscale residential character and proximity to some of Manhattan’s finest amenities.
• Located just steps from the East River and Sutton Place Park, offering a serene, neighborhood feel rarely found in retail spaces.
• Surrounded by luxury co-ops, condominiums, and townhouses, providing a steady stream of high-income local residents.
• Close to Weill Cornell Medical Center, Hospital for Special Surgery, and Memorial Sloan Kettering, creating demand for wellness, pharmacy, café, and service-oriented retail.
• Short walk to Bloomingdale’s, Billionaires’ Row, and the luxury retail corridor along 57th Street (home to Chanel, Dior, Hermès, and more).

Intimate & Efficient Retail Layout:

• 926 SF of well-proportioned retail space — large enough to offer a curated selection, intimate enough for personalized service.
• Attractive storefront with good street-level visibility on a calm, walkable block.
• Flexible floor plan suitable for boutique fashion, artisanal goods, a wine or cheese shop, a medspa, or a private gallery.
• Ideal for businesses that rely on repeat, local clientele in a residential neighborhood setting.

Solid Transit Access:

• Close to the 59th Street/Lexington Avenue subway station (4, 5, 6, N, R, W) , providing easy access for employees and customers from across the city.
• M15, M31, and M57 bus routes serve the area, connecting to Midtown, the East Side, and downtown.
• Convenient for Upper East Side and Sutton Place residents who prefer to shop and conduct business within their own neighborhood.

Affluent Residential Customer Base:

• Sutton Place and the surrounding Upper East Side are home to some of Manhattan’s wealthiest residents, offering strong spending power for premium goods and services.
• Unlike the crowded tourist districts, this location offers a loyal, neighborhood-driven customer base with less competition.
• Ideal for businesses such as:
• Boutique fitness or Pilates studio
• Medical or dental practice
• Day spa or medspa
• Specialty food, wine, or cheese shop
• Art or antiques gallery
• Children’s boutique or toy store
• Pet grooming or high-end pet supply store
• Pharmacy or wellness center

Highlights:
✔ 926 SF of prime retail space in Sutton Place / Upper East Side
✔ $15,000/month — competitive for this affluent residential neighborhood
✔ Attractive storefront on a quiet, tree-lined block
✔ Surrounded by luxury residences, world-class hospitals, and upscale amenities
✔ Ideal for boutique, wellness, medical, or specialty service businesses
✔ Loyal, high-income local customer base with repeat business potential

Conclusion:

340 E 57th Street offers an excellent opportunity for businesses seeking a neighborhood-focused retail space in one of Manhattan’s most affluent residential areas. With 926 SF of flexible space, a prime Sutton Place location near luxury buildings and top hospitals, and a loyal local customer base, this property is perfect for boutiques, wellness studios, medical practices, or specialty food retailers looking to establish a lasting presence on the Upper East Side.

Contact us today to schedule a private tour and secure this prime Sutton Place retail space!