Retail Space on Essex Street – 29 Essex Street, Lower East Side
Address: 29 Essex Street, New York, NY, 10002
Price: $7,000/month
Square Feet: 520 SF
Type: Retail Space
Property Overview:
Located on Essex Street in the heart of the Lower East Side — one of downtown Manhattan’s most vibrant, diverse, and rapidly evolving neighborhoods — 29 Essex Street offers 520 SF of retail space at a competitive price point. Ideal for coffee shops, beauty salons, barbershops, small boutiques, specialty food shops, or service-based businesses. Situated between Hester Street and Canal Street, this space benefits from strong foot traffic from local residents, commuters, and visitors drawn to the neighborhood’s legendary dining, nightlife, and cultural attractions, including the transformative Essex Crossing development.
Key Features:
Prime Lower East Side / Essex Street Location:
- Situated on Essex Street, a busy north-south thoroughfare in the heart of the Lower East Side — one of downtown Manhattan’s most vibrant, diverse, and rapidly evolving neighborhoods, known for its rich history, street art, community gardens, legendary nightlife, world-class dining, and independent boutiques.
- Located between Hester Street and Canal Street, placing your business in a high-traffic corridor with constant pedestrian and vehicular flow from residents, commuters, shoppers, and tourists.
- Just steps from Essex Crossing — a massive, transformative mixed-use development featuring luxury rentals, a Regal Cinemas, the Market Line food hall (over 40 vendors), and the new home of the historic Essex Street Market (just relocated and expanded within Essex Crossing).
- Minutes from Sara D. Roosevelt Park, a bustling public space featuring basketball courts, soccer fields, community gardens, a popular dog run, and playgrounds — drawing hundreds of daily visitors from the surrounding community.
- Short walk to Chinatown, SoHo, NoLita, Little Italy, and the East Village.
High-Traffic, Rapidly Evolving Neighborhood:
- Essex Street is a busy commercial corridor, drawing a mix of longtime residents, young professionals, artists, students, commuters, shoppers, and tourists.
- Essex Crossing has fundamentally transformed the Lower East Side, attracting a younger, more affluent demographic and generating millions of annual visits from residents, shoppers, moviegoers, and food enthusiasts.
- The Market Line and Essex Street Market draw food lovers from across the city, creating consistent foot traffic throughout the day and evening.
- Strong weekday foot traffic from residents, commuters, and office workers, plus strong evening and weekend traffic from the neighborhood’s legendary bars, restaurants, and music venues.
Compact & Efficient Retail Layout:
- 520 SF of well-proportioned retail space — perfectly sized for a coffee shop, beauty salon, barbershop, small boutique, or service-based business.
- Attractive storefront with good street-level visibility on Essex Street, a busy downtown corridor with constant pedestrian and vehicular flow.
- Functional floor plan suitable for a coffee counter with limited seating, a salon with 2-3 stations, or a small retail boutique with curated merchandise.
- Large windows providing abundant natural light and prime window display opportunities facing Essex Street’s steady foot traffic.
- At $13.46 per square foot, this represents solid value for retail space in this prime Lower East Side location.
Excellent Transit Access:
- Moments from the Delancey Street / Essex Street subway station (F, M, J, Z) — just a few blocks north (Delancey Street) — providing direct connections to Midtown, Brooklyn, and Queens.
- Close to the East Broadway station (F) , Grand Street station (B, D) , and Canal Street station (N, Q, R, W, 6, J, Z) .
- Multiple bus routes serve Essex Street, Grand Street, and Canal Street (M9, M14, M15, M21, B39).
- Short walk to the Williamsburg Bridge, providing easy access for pedestrians, cyclists, and drivers coming from Brooklyn (Williamsburg, Bushwick).
- Convenient for Lower East Side residents, Brooklyn commuters, and shoppers from across the city.
Diverse, High-Traffic Customer Base:
- Local residents — diverse community of the Lower East Side, including longtime residents (many from Chinese, Latino, and Eastern European communities), young professionals, artists, musicians, and families.
- Essex Crossing visitors — residents of new luxury buildings, moviegoers at Regal Cinemas, shoppers at the Market Line and Essex Street Market, and food enthusiasts from across the city.
- Commuters — pedestrians and cyclists passing through Essex Street on their way to/from the Williamsburg Bridge and Delancey Street subway station.
- Tourists — visitors to the Tenement Museum, Katz’s Delicatessen, and the Lower East Side’s legendary music venues and nightlife.
- Ideal for businesses such as:
- Coffee shop or bubble tea shop
- Beauty or nail salon
- Barbershop
- Small boutique or concept store
- Specialty food market or deli
- Mobile phone or electronics repair
- Pharmacy or convenience store (small-format)
- Tattoo or piercing studio
- Pet supply or grooming
Highlights:
✔ 520 SF of retail space on Essex Street in the Lower East Side
✔ $7,000/month — solid value at $13.46 per square foot
✔ Attractive storefront with good visibility on a busy downtown corridor
✔ Steps from Essex Crossing, The Market Line, and Essex Street Market
✔ Functional, compact layout perfect for coffee shop, salon, barbershop, or boutique
✔ Strong, diverse foot traffic — residents, commuters, Essex Crossing visitors, and tourists
✔ Excellent transit access — F, M, J, Z, B, D, N, Q, R, W, 6 trains and Williamsburg Bridge
✔ Rapidly developing neighborhood with significant new investment (Essex Crossing)
Conclusion:
29 Essex Street offers a solid opportunity for small business owners and entrepreneurs seeking affordable, well-located retail space in the heart of the Lower East Side — one of downtown Manhattan’s most vibrant, diverse, and rapidly evolving neighborhoods. With 520 SF of functional, compact space, a prime Essex Street location steps from Essex Crossing, the Market Line, and the Essex Street Market, and access to a diverse, high-traffic customer base of residents, commuters, and visitors, this property is perfect for coffee shops, beauty salons, barbershops, small boutiques, or specialty food shops looking to thrive in a neighborhood that perfectly balances authentic old-world charm with modern growth and energy — all at a competitive price point of under $14 per square foot.
Contact us today to schedule a private tour and secure this Lower East Side retail space!