Key Features:
Prime Carnegie Hill / Upper East Side / Fifth Avenue Location:
- Situated on East 94th 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 Fifth Avenue and Madison Avenue — two of Manhattan’s most prestigious thoroughfares — placing your business in one of the most desirable retail corridors in the city.
- Just steps from Central Park (entrance at 94th 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.
High-Traffic, Affluent Corridor:
- East 94th Street between Fifth and Madison Avenues is a prestigious residential and retail block, drawing a mix of affluent local residents, luxury shoppers, museum visitors, and private school parents.
- Fifth Avenue and Madison Avenue luxury shopping generate significant foot traffic from discerning shoppers seeking high-end fashion, jewelry, art, and specialty goods.
- The area’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.
Spacious & Flexible Retail Layout – 2,400 SF:
- 2,400 SF of generous retail space — ideally sized for a luxury boutique, art gallery, medical or dental practice, fitness studio, or beauty salon.
- Attractive storefront with excellent street-level visibility on East 94th Street, a quiet but prestigious residential block with steady foot traffic from affluent residents and luxury shoppers.
- High ceilings and open floor plan (characteristic of the area’s pre-war buildings), allowing for elegant merchandising, art displays, or custom build-outs.
- Large windows providing abundant natural light and prime window display opportunities.
- Potential for original architectural details such as hardwood floors, decorative moldings, or pre-war character — adding authenticity and charm.
- Potential for back-of-house space, storage, fitting rooms, or office areas depending on configuration.
- At $33.33 per square foot, this price reflects the premium nature of this prime Carnegie Hill location.
Excellent Transit Access:
- Close to the 96th Street subway station (4, 5, 6) on Lexington Avenue — a 5-minute walk — providing direct access to the entire East Side of Manhattan and Grand Central Terminal.
- Short walk to the 96th Street station (Q) on Second Avenue, providing access to the Second Avenue Subway.
- Multiple bus routes serve Fifth Avenue, Madison Avenue, and 96th Street (M1, M2, M3, M4, M5, M96, M86-SBS, M101, M102, M103).
- Convenient for Upper East Side residents, museum visitors, and luxury shoppers from across the city.
Affluent, Sophisticated Customer Base:
- Local residents — Carnegie Hill is home to some of New York City’s wealthiest and most influential residents, including finance executives, medical professionals, lawyers, philanthropists, and old-money families.
- Luxury shoppers — the area attracts discerning, high-spending shoppers seeking unique, high-quality, and exclusive luxury goods and services.
- Museum visitors — millions of annual visitors to the Metropolitan Museum of Art and the Guggenheim Museum generate 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 with significant disposable income.
- Ideal for businesses such as:
- Luxury fashion or accessories boutique
- Contemporary art gallery
- Medical or dental practice (primary care, pediatrics, dermatology, dentistry)
- Physical therapy or rehabilitation center
- Pharmacy or drugstore
- Fitness studio (yoga, Pilates, barre)
- Beauty or nail salon (luxury)
- Specialty food, wine, or chocolate shop (luxury)
- Children’s boutique or toy store
- Interior design studio (retail-facing)
Highlights:
✔ 2,400 SF of prime retail space on East 94th Street in Carnegie Hill / Upper East Side
✔ $80,000/month — premium location at $33.33 per square foot
✔ Attractive storefront with excellent visibility on a prestigious residential block
✔ Steps from Central Park, Museum Mile (The Met, Guggenheim), and Fifth Avenue
✔ High ceilings and open floor plan for elegant merchandising
✔ Surrounded by historic townhouses, pre-war co-ops, and elite private schools
✔ Ultra-affluent, sophisticated local customer base plus museum visitors and luxury shoppers
✔ Excellent transit access — 4, 5, 6, Q trains and multiple bus routes
Conclusion:
40 E 94th Street offers a rare and exceptional opportunity for luxury brands, art dealers, healthcare providers, and discerning retailers seeking a prestigious retail presence on the Upper East Side — steps from Central Park, Museum Mile, and Fifth Avenue. With 2,400 SF of elegant, flexible space, a prime East 94th Street location in the heart of Carnegie Hill, and access to an ultra-affluent, sophisticated, and loyal customer base of residents, museum visitors, and luxury shoppers, this property is perfect for luxury boutiques, art galleries, medical practices, fitness studios, or beauty salons looking to establish a distinguished presence in one of Manhattan’s most exclusive and desirable neighborhoods — at a premium price befitting this prime location.
Contact us today to schedule a private tour and secure this premier Carnegie Hill retail space!
