Retail

Prime Retail Space on East 62nd Street – 175 E 62nd Street, Lenox Hill / Upper East Side

Address: 175 E 62nd Street, New York, NY, 10065
Price: $40,000/month
Square Feet: 1,166 SF
Type: Retail Space

Property Overview:

Located on East 62nd Street in the prestigious Lenox Hill neighborhood of the Upper East Side, 175 E 62nd Street offers 1,166 SF of prime retail space at a premium price befitting this affluent residential and medical corridor. Ideal for medical and dental practices, urgent care centers, physical therapy clinics, pharmacies, beauty salons, specialty food shops, art galleries, or service-based businesses. Situated between Park Avenue and Lexington Avenue, this space benefits from proximity to world-class hospitals (Weill Cornell, NY-Presbyterian, HSS, Memorial Sloan Kettering), luxury residential buildings, Madison Avenue boutiques, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Lenox Hill / Upper East Side Location:

• Situated on East 62nd Street, a quiet, tree-lined residential block in the heart of Lenox Hill — one of the Upper East Side’s most desirable, prestigious, and convenient neighborhoods, known for its pre-war architecture, tree-lined streets, strong sense of community, and proximity to world-class medical institutions and luxury retail.
• Located between Park Avenue and Lexington Avenue, placing your business in the center of one of Manhattan’s most affluent and desirable residential corridors.
• Just steps from Madison Avenue luxury shopping (Chanel, Dior, Hermès, Prada, and more), Bloomingdale’s flagship store (59th Street and Lexington Avenue), and Fifth Avenue luxury shopping (Bergdorf Goodman, Tiffany & Co., Cartier).
• Minutes from Central Park (entrance at 59th Street and Fifth Avenue — a 10-minute walk), Billionaires’ Row (57th Street), and The Plaza Hotel.

Medical & Institutional Proximity – A Healthcare Hub:

• Located within blocks of some of New York City’s most prestigious medical institutions:
• Weill Cornell Medical Center (68th Street and York Avenue)
• NewYork-Presbyterian Hospital (68th Street and York Avenue)
• Hospital for Special Surgery (HSS) — #1 in orthopedics nationwide (70th Street and York Avenue)
• Memorial Sloan Kettering Cancer Center (67th-68th Streets on York Avenue)
• Rockefeller University (66th-68th Streets on York Avenue)
• This concentration of world-renowned hospitals and research centers creates consistent, high-demand foot traffic from medical professionals, hospital employees, patients, families, and caregivers — all needing nearby services and amenities.

Spacious & Versatile Retail Layout:

• 1,166 SF of well-proportioned retail space — ideally sized for a medical or dental practice, urgent care center, physical therapy clinic, pharmacy, beauty salon, specialty food shop, or art gallery.
• Attractive storefront with excellent street-level visibility on East 62nd Street, a quiet but convenient residential block with steady local foot traffic.
• Functional floor plan suitable for exam rooms and reception area (medical practice), retail displays and checkout (pharmacy/market), or service stations (salon).
• Large windows providing abundant natural light — a valuable feature for patient-facing medical practices and wellness studios.
• Potential for back-of-house space, storage, or office areas depending on configuration.
• At $34.30 per square foot, this price reflects the premium nature of this location — competitive for this affluent medical 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) , 53rd Street station (E, M) , and Roosevelt Island Tram (59th Street and Second Avenue).
• Multiple bus routes serve Park Avenue, Madison Avenue, Lexington Avenue, and 62nd Street (M1, M2, M3, M4, M5, M31, M57, M101, M102, M103, Q32).
• Short walk to Grand Central Terminal (42nd Street) and Penn Station (34th Street).
• Convenient for medical professionals, patients, and families from all five boroughs, Westchester, Long Island, and New Jersey.

Affluent, High-Demand Customer Base:

• Medical professionals — thousands of doctors, nurses, researchers, and administrators employed at nearby world-class hospitals.
• Patients and families — patients seeking treatment at Weill Cornell, NY-Presbyterian, HSS, and MSK, plus their families, create consistent demand for medical practices, urgent care, pharmacies, and patient-serving retail (coffee shops, delis, gift stores, florists).
• Local residents — wealthy, established residents of Lenox Hill, the Upper East Side, and surrounding neighborhoods, including finance executives, medical professionals, lawyers, and philanthropists.
• Madison Avenue shoppers — luxury shoppers visiting nearby boutiques on Madison Avenue.
• Ideal for businesses such as:
• Medical or dental practice (primary care, pediatrics, dermatology, dentistry, orthodontics, ophthalmology)
• Urgent care or walk-in clinic
• Physical therapy or rehabilitation center
• Pharmacy or drugstore
• Beauty or nail salon
• Specialty food market or gourmet grocery
• Coffee shop or cafe (patient and staff-friendly)
• Art gallery or frame shop
• Optical or eyewear shop
• Florist or gift shop (hospital-adjacent)

Highlights:
✔ 1,166 SF of prime retail space in Lenox Hill / Upper East Side
✔ $40,000/month — premium location at $34.30 per square foot
✔ Attractive storefront on a quiet, tree-lined residential block
✔ Blocks from Weill Cornell, NY-Presbyterian, HSS, and Memorial Sloan Kettering
✔ Steps from Madison Avenue luxury shopping and Bloomingdale’s
✔ Ideal for medical/dental practice, urgent care, pharmacy, or specialty retail
✔ Functional layout with potential for exam rooms, reception, and storage
✔ Large windows with abundant natural light
✔ Affluent, high-demand customer base — medical professionals, patients, residents, and luxury shoppers
✔ Excellent transit access — 4, 5, 6, N, R, W, F, Q, E, M trains, Grand Central

Conclusion:

175 E 62nd Street offers an exceptional opportunity for healthcare providers, medical professionals, and small business owners seeking premium retail space in one of the Upper East Side’s most desirable medical and luxury retail corridors — Lenox Hill. With 1,166 SF of functional, flexible space, a prime East 62nd Street location steps from world-class hospitals and Madison Avenue luxury shopping, and access to a loyal, high-demand customer base of medical professionals, patients, affluent residents, and luxury shoppers, this property is perfect for medical and dental practices, urgent care centers, pharmacies, physical therapy clinics, or patient-serving retail concepts looking to thrive in the heart of Manhattan’s premier healthcare and luxury district.

Contact us today to schedule a private tour and secure this premier Upper East Side retail space!