Retail

Prime Retail Space on East 87th Street – 301 E 87th Street, Yorkville / Carnegie Hill

Address: 301 E 87th Street, New York, NY, 10128
Price: $40,000/month
Square Feet: 1,500 SF
Type: Retail Space

Property Overview:

Located on East 87th Street in the desirable Yorkville / Carnegie Hill neighborhood of the Upper East Side, 301 E 87th Street offers 1,500 SF of prime retail space at a premium price befitting this affluent, family-friendly corridor. Ideal for medical and dental practices, urgent care centers, pharmacies, fitness studios, beauty salons, specialty food markets, or service-based businesses. Situated between First Avenue and Second Avenue, this space benefits from proximity to Carl Schurz Park, the East River waterfront, major hospitals, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Yorkville / Carnegie Hill / Upper East Side Location:

• Situated on East 87th Street, a quiet, tree-lined residential block in the heart of Yorkville / Carnegie Hill — one of the Upper East Side’s most desirable, family-friendly, and prestigious neighborhoods, known for its pre-war architecture, tree-lined streets, strong sense of community, and proximity to Carl Schurz Park and the East River waterfront.
• Located between First Avenue and Second Avenue, placing your business in a densely populated residential and medical corridor with strong daytime and evening foot traffic.
• Just steps from Carl Schurz Park (86th-90th Streets along the East River), a beloved waterfront green space featuring walking paths, playgrounds, dog runs, and stunning East River views — home to Gracie Mansion (the official residence of the Mayor of New York City).
• Minutes from the East River Promenade, offering beautiful waterfront walking, running, and biking paths with stunning views of the Queensboro Bridge, Roosevelt Island, and Long Island City.
• Close to Gracie Mansion, Asphalt Green (a community fitness and sports center), and John Jay Park.

High-Traffic, Neighborhood-Serving Corridor:

• East 87th Street between First and Second Avenues is a busy residential and commercial corridor, drawing a mix of local residents, families, dog walkers, medical professionals, and park visitors.
• The area is known for its strong daytime foot traffic from residents running errands, plus strong evening and weekend traffic from families, dog walkers, and visitors to Carl Schurz Park.
• The neighborhood’s strong sense of community and loyalty to local businesses make it ideal for businesses that rely on repeat clientele and word-of-mouth referrals.

Medical & Institutional Proximity:

• Located within easy reach 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)
• This concentration of world-renowned hospitals creates consistent demand for medical and dental practices, urgent care centers, pharmacies, physical therapy clinics, and patient-serving retail.

Spacious & Versatile Retail Layout:

• 1,500 SF of generous retail space — ideally sized for a medical or dental practice, urgent care center, physical therapy clinic, pharmacy, fitness studio, beauty salon, or specialty food market.
• Attractive storefront with excellent street-level visibility on East 87th 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 fitness equipment and studio space (gym).
• 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 $26.67 per square foot, this price reflects the premium nature of this location — competitive for this affluent Upper East Side neighborhood.

Excellent Transit Access:

• Close to the 86th Street subway station (4, 5, 6) on Lexington Avenue (approximately a 10-minute walk), providing direct access to the entire East Side of Manhattan and Grand Central Terminal.
• Short walk to the 86th Street station (Q) on Second Avenue, providing access to the Second Avenue Subway.
• Multiple bus routes serve First Avenue, Second Avenue, and 86th Street (M15, M31, M79-SBS, M86-SBS).
• Convenient for Upper East Side residents, medical professionals, hospital employees, patients, and their families.

Affluent, High-Demand Customer Base:

• Local residents — Yorkville and Carnegie Hill are home to some of New York City’s wealthiest and most established residents, including finance executives, medical professionals, lawyers, philanthropists, and families.
• Medical professionals — thousands of doctors, nurses, researchers, and administrators employed at nearby world-class hospitals.
• Patients and families — patients seeking treatment at area hospitals, plus their families, create consistent demand for medical practices, urgent care, pharmacies, and patient-serving retail.
• Carl Schurz Park visitors — daily visitors to the park, including dog walkers, families, and joggers.
• Ideal for businesses such as:
• Medical or dental practice (primary care, pediatrics, dermatology, dentistry, orthodontics)
• Urgent care or walk-in clinic
• Physical therapy or rehabilitation center
• Pharmacy or drugstore
• Boutique fitness or yoga studio
• Beauty or nail salon
• Specialty food market or grocery
• Pet supply or grooming
• Coffee shop or cafe (patient and staff-friendly)

Highlights:
✔ 1,500 SF of prime retail space in Yorkville / Carnegie Hill
✔ $40,000/month — premium location at $26.67 per square foot
✔ Attractive storefront on a quiet, tree-lined residential block
✔ Steps from Carl Schurz Park and the East River waterfront
✔ Close to world-class hospitals (Weill Cornell, NY-Presbyterian, HSS, MSK)
✔ Ideal for medical/dental practice, urgent care, pharmacy, or fitness studio
✔ Functional layout with potential for exam rooms, reception, and storage
✔ Large windows with abundant natural light
✔ Affluent, loyal, high-demand customer base — residents, medical professionals, patients, and park visitors
✔ Excellent transit access — 4, 5, 6, Q trains and multiple bus routes

Conclusion:

301 E 87th Street offers a prime opportunity for healthcare providers, fitness operators, and small business owners seeking premium retail space in one of the Upper East Side’s most desirable, family-friendly neighborhoods — Yorkville / Carnegie Hill. With 1,500 SF of functional, flexible space, a prime East 87th Street location steps from Carl Schurz Park and within easy reach of world-class hospitals, and access to an affluent, loyal, high-demand customer base of residents, medical professionals, patients, and park visitors, this property is perfect for medical and dental practices, urgent care centers, pharmacies, physical therapy clinics, or fitness studios looking to thrive in one of Manhattan’s most prestigious residential neighborhoods — at a premium price befitting this prime location.

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