Retail

Retail Space on East 83rd Street – 119 E 83rd Street, Carnegie Hill / Upper East Side

Address: 119 East 83rd Street, New York, NY, 10028
Price: $4,000/month
Square Feet: 560 SF
Type: Retail Space

Property Overview:

Located on East 83rd Street in the prestigious Carnegie Hill neighborhood of the Upper East Side, 119 E 83rd Street offers 560 SF of compact retail space at exceptional value for this prime location. Ideal for beauty salons, barbershops, coffee shops, small boutiques, art galleries, or service-based businesses. Situated between Lexington Avenue and Park Avenue, this space benefits from proximity to Central Park, Museum Mile, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Carnegie Hill / Upper East Side Location:

• Situated on East 83rd Street, a quiet, tree-lined residential block in the heart of Carnegie Hill — one of the Upper East Side’s most prestigious, desirable, and family-friendly neighborhoods, known for its pre-war architecture, tree-lined streets, strong sense of community, and proximity to Central Park and Museum Mile.
• Located between Lexington Avenue and Park Avenue, placing your business in a desirable residential corridor with steady foot traffic from local residents, families, dog walkers, and museum visitors.
• Just steps from Central Park (entrance at 84th Street and Fifth Avenue), offering 843 acres of green space, walking paths, playgrounds, and iconic attractions — generating foot traffic from joggers, dog walkers, families, and tourists.
• Minutes from Museum Mile, home to the Metropolitan Museum of Art (The Met), Guggenheim Museum, Neue Galerie, Jewish Museum, and Cooper Hewitt Smithsonian Design Museum — drawing millions of cultural visitors annually.
• Surrounded by some of New York City’s most prestigious private schools, including The Spence School, Brearley, Dalton, Chapin, and St. Bernard’s — attracting affluent families with significant spending power.
• Short walk to Madison Avenue luxury shopping (Chanel, Dior, Hermès, Prada, and more), Fifth Avenue, and Lexington Avenue everyday conveniences.

High-Traffic, Neighborhood-Serving Corridor:

• East 83rd Street between Lexington and Park Avenues is a quiet but convenient residential block, drawing a mix of local residents, families, dog walkers, museum visitors, and private school parents.
• The area is known for its strong daytime foot traffic from residents running errands and museum visitors, plus strong evening and weekend traffic from families and visitors to nearby restaurants and cultural institutions.
• 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.

Compact & Affordable Retail Layout – 560 SF:

• 560 SF of well-proportioned retail space — ideally sized for a beauty salon, barbershop, coffee shop, small boutique, or art gallery.
• Attractive storefront with good street-level visibility on East 83rd Street, a quiet residential block with steady local foot traffic.
• 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.
• At $7.14 per square foot, this represents exceptional value for retail space in this prime Carnegie Hill location.

Exceptional Value – Under $7.15 per Square Foot:

• At $7.14 per square foot, this is an extraordinary value for retail space in Carnegie Hill, one of Manhattan’s most prestigious and expensive neighborhoods.
• The combination of price, location, space, and neighborhood quality makes this an unparalleled opportunity for small business owners and entrepreneurs.

Excellent Transit Access:

• Close to the 86th Street subway station (4, 5, 6) on Lexington Avenue (approximately a 5-7 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 Madison Avenue, Fifth Avenue, and 86th Street (M1, M2, M3, M4, M5, M86-SBS, M79-SBS, M101, M102, M103).
• Convenient for Upper East Side residents, museum visitors, and commuters from across the city.

Affluent, Loyal Customer Base:

• Local residents — Carnegie Hill is home to some of New York City’s wealthiest and most established residents, including finance executives, medical professionals, lawyers, philanthropists, and families, with high disposable income and a preference for independent, high-quality, and unique local businesses.
• Museum visitors — millions of annual visitors to Museum Mile, generating foot traffic, particularly on weekends and holidays.
• Private school parents — the concentration of elite private schools in the area generates daily foot traffic from parents (many with significant disposable income).
• Central Park visitors — daily visitors to Central Park, including joggers, dog walkers, and families.
• Ideal for businesses such as:
• Beauty or nail salon
• Barbershop
• Coffee shop or cafe
• Small boutique or concept store
• Art gallery or frame shop
• Pet supply or grooming
• Flower shop
• Tutoring or test prep center
• Dental or medical office (small-format)

Highlights:
✔ 560 SF of retail space in Carnegie Hill / Upper East Side
✔ $4,000/month — exceptional value at just $7.14 per square foot
✔ Attractive storefront on a quiet, tree-lined residential block
✔ Steps from Central Park, Museum Mile (The Met, Guggenheim), and elite private schools
✔ Functional, compact layout perfect for salon, barbershop, coffee shop, or boutique
✔ Strong local residential customer base with community loyalty
✔ Affordable rent for a prime Upper East Side location
✔ Excellent transit access — 4, 5, 6, Q trains and multiple bus routes

Conclusion:

119 E 83rd Street offers an exceptional opportunity for small business owners and entrepreneurs seeking affordable, well-located retail space in one of Manhattan’s most prestigious and desirable neighborhoods — Carnegie Hill on the Upper East Side. With 560 SF of functional, flexible space, a prime East 83rd Street location steps from Central Park and Museum Mile, and access to an affluent, loyal, high-traffic customer base of residents, museum visitors, and private school families, this property is perfect for beauty salons, barbershops, coffee shops, small boutiques, or art galleries looking to thrive in a neighborhood known for its elegance, culture, and strong sense of community — all at an extraordinary value of just over $7 per square foot.

Contact us today to schedule a private tour and secure this Carnegie Hill retail space!