Retail

Compact Retail Space on East 70th Street – 405 E 70th Street, Lenox Hill / Upper East Side

Address: 405 East 70th Street, New York, NY, 10021
Price: $10,000/month
Square Feet: 250 SF
Type: Retail Space

Property Overview:

Located on East 70th Street in the prestigious Lenox Hill neighborhood of the Upper East Side, 405 E 70th Street offers 250 SF of compact retail space at a premium price befitting this high-demand medical and residential corridor. Ideal for medical and dental practices, physical therapy clinics, pharmacies, beauty salons, specialty food shops, or patient-serving retail. Situated between First Avenue and York Avenue, this space benefits from proximity to world-class hospitals (Weill Cornell, NY-Presbyterian, HSS, Memorial Sloan Kettering), luxury residential buildings, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Lenox Hill / Upper East Side Medical Corridor:

• Situated on East 70th 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.
• Located between First Avenue and York Avenue, placing your business in the center of one of Manhattan’s most active medical corridors, just blocks from some of the nation’s top hospitals.
• Just steps from Hospital for Special Surgery (HSS) — #1 in orthopedics nationwide (70th Street and York Avenue), Weill Cornell Medical Center (68th Street and York Avenue), NewYork-Presbyterian Hospital (68th Street and York Avenue), and Memorial Sloan Kettering Cancer Center (67th-68th Streets on York Avenue).
• Minutes from Central Park (entrance at 70th Street and Fifth Avenue — a 10-minute walk), Madison Avenue luxury shopping, and Bloomingdale’s (59th Street and Lexington Avenue).

Medical & Institutional Proximity – A Healthcare Hub:

• Located within blocks of some of New York City’s most prestigious medical institutions:
• Hospital for Special Surgery (HSS) — #1 in orthopedics nationwide (70th Street and York Avenue)
• Weill Cornell Medical Center (68th Street and York Avenue)
• NewYork-Presbyterian Hospital (68th 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 medical services, pharmacies, and patient-serving retail.

Compact & High-Visibility Retail Layout:

• 250 SF of compact retail space — perfectly sized for a medical or dental practice (1-2 exam rooms), physical therapy studio (small-format), pharmacy (small-format), beauty salon (1-2 stations), or patient-serving retail (coffee, gifts, florist).
• Attractive storefront with excellent street-level visibility on East 70th Street, a quiet residential block with steady foot traffic from hospital employees, patients, and local residents.
• Efficient floor plan suitable for a small reception area and exam room (medical practice), retail display and checkout (pharmacy/gift shop), or service stations (salon).
• Large windows providing abundant natural light — a valuable feature for patient-facing medical practices.
• At $40 per square foot, this price reflects the premium nature of this high-demand medical corridor — competitive for this prime Lenox Hill location.

Excellent Transit Access:

• Moments from the 68th Street – Hunter College subway station (6) on Lexington Avenue (approximately a 10-minute walk), providing direct access to the entire East Side of Manhattan and Grand Central Terminal.
• Close to the 72nd Street station (Q) on Second Avenue and the 72nd Street station (1, 2, 3) on Broadway.
• Multiple bus routes serve York Avenue, First Avenue, and 68th/70th Streets (M15, M31, M66, M72, M79-SBS).
• 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, physical therapists, and administrators employed at nearby world-class hospitals (HSS, Weill Cornell, NY-Presbyterian, MSK).
• Patients and families — patients seeking treatment at HSS (orthopedics), Weill Cornell, and MSK, plus their families, create consistent demand for medical practices, physical therapy, pharmacies, and patient-serving retail (coffee shops, delis, gift stores, florists).
• Local residents — wealthy, established residents of Lenox Hill and the Upper East Side, including finance executives, medical professionals, lawyers, and philanthropists.
• Ideal for businesses such as:
• Medical or dental practice (orthopedics, physical therapy, primary care, pediatrics, dermatology, dentistry)
• Physical therapy or rehabilitation center (small-format)
• Pharmacy or drugstore (small-format)
• Medical supply or orthotic/prosthetic shop
• Beauty or nail salon (patient/staff-focused)
• Coffee shop or cafe (patient and staff-friendly)
• Florist or gift shop (hospital-adjacent)
• Optical or eyewear shop

Highlights:
✔ 250 SF of compact retail space in Lenox Hill / Upper East Side
✔ $10,000/month — premium medical corridor location at $40 per square foot
✔ Attractive storefront on a quiet, tree-lined residential block
✔ Steps from Hospital for Special Surgery (#1 in orthopedics), Weill Cornell, NY-Presbyterian, and Memorial Sloan Kettering
✔ Ideal for medical/dental practice, physical therapy, pharmacy, or patient-serving retail
✔ Compact, efficient layout with potential for exam room and reception
✔ Large windows with abundant natural light
✔ Affluent, high-demand customer base — medical professionals, patients, and residents
✔ Excellent transit access — 6, Q, 1, 2, 3 trains and multiple bus routes

Conclusion:

405 E 70th Street offers a prime opportunity for healthcare providers, medical professionals, and patient-serving businesses seeking compact, high-visibility retail space in the heart of Manhattan’s premier medical corridor — Lenox Hill, steps from Hospital for Special Surgery, Weill Cornell, NY-Presbyterian, and Memorial Sloan Kettering. With 250 SF of functional, efficient space, a prime East 70th Street location in the center of one of New York City’s most concentrated healthcare districts, and access to a loyal, high-demand customer base of medical professionals, patients, and families, this property is perfect for medical and dental practices, physical therapy studios, pharmacies, or patient-serving retail concepts looking to thrive in a location where healthcare is the primary industry — at a premium price befitting this prime location.

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