Retail

Prime Retail Space on Lexington Avenue – 798 Lexington Avenue, Lenox Hill / Upper East Side

Address: 798 Lexington Avenue, New York, NY, 10065
Price: $50,000/month
Square Feet: 1,372 SF
Type: Retail Space

Property Overview:

Located on prestigious Lexington Avenue in the heart of Lenox Hill on the Upper East Side, 798 Lexington Avenue offers 1,372 SF of prime retail space at a premium price befitting this high-traffic, affluent corridor. Ideal for luxury boutiques, designer showrooms, beauty concept stores, specialty food shops, fitness studios, or high-end service providers. Situated between East 61st Street and East 62nd Street, this space benefits from one of Manhattan’s most desirable shopping destinations, with strong foot traffic from luxury residents, medical professionals, and international visitors.

Key Features:

Prime Lexington Avenue / Lenox Hill Location:

• Situated on Lexington Avenue, one of the Upper East Side’s premier retail corridors, known for its vibrant mix of boutiques, specialty shops, restaurants, cafes, and essential services.
• Located between East 61st Street and East 62nd Street — in the heart of Lenox Hill, one of the Upper East Side’s most desirable and affluent neighborhoods.
• Just steps from Bloomingdale’s flagship store (59th Street and Lexington Avenue), a world-famous luxury department store that draws shoppers from across the city and around the world.
• Minutes from Central Park (entrance at 59th Street and Fifth Avenue), Bergdorf Goodman, Tiffany & Co. , and Billionaires’ Row (57th Street).
• Close to Fifth Avenue luxury shopping, Madison Avenue boutiques, and Third Avenue everyday conveniences.
• Short walk to Weill Cornell Medical Center, NewYork-Presbyterian Hospital, Hospital for Special Surgery (HSS) , and Memorial Sloan Kettering — generating foot traffic from medical professionals, patients, and families.

High-Traffic Retail Corridor:

• Lexington Avenue in Lenox Hill is a heavily trafficked shopping destination, drawing a mix of local residents, medical professionals, office workers, shoppers, and tourists.
• The area is known for its strong daytime foot traffic from professionals and shoppers, plus strong evening and weekend traffic from residents and visitors to the area’s acclaimed restaurants and bars.
• Bloomingdale’s (just south) acts as a powerful anchor, drawing thousands of shoppers daily who walk along Lexington Avenue and discover surrounding businesses.

Medical & Institutional Proximity:

• Located within blocks of some of New York City’s most prestigious medical institutions:
• Weill Cornell Medical Center
• NewYork-Presbyterian Hospital
• Hospital for Special Surgery (HSS) — #1 in orthopedics nationwide
• Memorial Sloan Kettering Cancer Center
• This concentration of world-renowned hospitals creates consistent demand for patient-serving retail, including pharmacies, medical offices, wellness studios, and comfort/convenience businesses.

Spacious & High-Visibility Retail Layout:

• 1,372 SF of well-proportioned retail space — ideal for a boutique, showroom, fitness studio, or service-based business.
• Attractive storefront with excellent street-level visibility on Lexington Avenue, a heavily trafficked corridor with constant pedestrian flow.
• High ceilings and open floor plan, allowing for flexible merchandising, retail displays, or custom build-outs.
• Large windows providing abundant natural light and prime window display opportunities facing Lexington Avenue’s steady foot traffic.
• Potential for back-of-house space, storage, fitting rooms, or office areas depending on configuration.
• At $36.44 per square foot, this price reflects the premium nature of a Lexington Avenue address in Lenox Hill — competitive for this high-demand retail corridor.

Excellent Transit Access:

• Moments from the Lexington Avenue / 59th Street subway station (4, 5, 6, N, R, W) , one of Manhattan’s busiest and most convenient transit hubs.
• Close to the 57th Street station (F, Q) , Fifth Avenue / 59th Street station (N, R, W) , and Lexington Avenue / 53rd Street station (E, M) .
• Multiple bus routes serve Lexington Avenue, Third Avenue, and 59th Street (M31, M57, M101, M102, M103, M15, Q32, BxM3, BxM4, BxM6, BxM7, BxM8, BxM9, BxM10, BxM11, BxM18).
• Unbeatable commuter convenience for employees, customers, and clients from all five boroughs, Westchester, Long Island, New Jersey, and beyond.

Affluent, High-Spending Customer Base:

• Lenox Hill is home to some of New York City’s wealthiest and most established residents, including finance executives, medical professionals, lawyers, philanthropists, and families.
• Lexington Avenue attracts a sophisticated, discerning shopper who values quality, convenience, and personalized service — and is willing to pay a premium for it.
• Bloomingdale’s draws thousands of daily shoppers, including international tourists, suburban visitors, and local luxury shoppers — all potential customers for surrounding businesses.
• The proximity to world-class hospitals creates additional foot traffic from medical professionals, patients, and families seeking nearby retail and services.
• Strong daytime foot traffic from professionals, plus strong evening and weekend traffic from residents and visitors.
• Ideal for businesses such as:
• Luxury fashion or accessories boutique
• Beauty or skincare concept store
• Specialty food, wine, or chocolate shop
• Fitness or yoga studio
• Medical or dental practice (retail-facing)
• Pharmacy or optical shop
• Home fragrance or apothecary
• Jewelry or watch showroom
• Coffee shop or cafe (upscale)
• Gift or flower shop

Highlights:
✔ 1,372 SF of prime retail space on Lexington Avenue in Lenox Hill
✔ $50,000/month — premium location at $36.44 per square foot
✔ Attractive storefront with excellent visibility on a high-traffic retail corridor
✔ Steps from Bloomingdale’s flagship and Central Park
✔ Blocks from Weill Cornell, NY-Presbyterian, HSS, and Memorial Sloan Kettering
✔ High ceilings and open floor plan for flexible merchandising
✔ Surrounded by luxury residential buildings, medical institutions, and upscale retail
✔ Affluent, high-spending local, medical, and tourist customer base
✔ Excellent transit access — 4, 5, 6, N, R, W, F, Q, E, M trains

Conclusion:

798 Lexington Avenue offers an exceptional opportunity for businesses seeking a premium retail presence on one of the Upper East Side’s most desirable shopping corridors. With 1,372 SF of flexible, high-ceiling space, a prime Lexington Avenue location steps from Bloomingdale’s and Central Park, and access to an affluent, high-spending customer base of residents, medical professionals, shoppers, and tourists, this property is perfect for luxury boutiques, beauty concept stores, specialty food shops, fitness studios, or high-end service providers looking to thrive in the heart of Lenox Hill.

Contact us today to schedule a private tour and secure this premier Lexington Avenue retail space.