Retail

Prime Retail Space on East 55th Street – 136 E 55th Street, Midtown East / Turtle Bay

Address: 136 East 55th Street, New York, NY, 10022
Price: $20,000/month
Square Feet: 979 SF
Type: Retail Space

Property Overview:

Located at the corner of East 55th Street and Lexington Avenue in the prestigious Midtown East / Turtle Bay neighborhood, 136 East 55th Street offers 979 SF of prime retail space at a premium price befitting this high-traffic, affluent corridor. Ideal for luxury boutiques, beauty salons, specialty food shops, coffee concepts, or service-based businesses. This classic Rudin-built property benefits from the rhythm of Midtown, where commuters, tourists, and local residents converge . Situated just steps from Grand Central Terminal, Bloomingdale’s, and Fifth Avenue luxury shopping, this space offers excellent visibility and accessibility in one of Manhattan’s most desirable retail corridors.

Key Features:

Prime Midtown East / Turtle Bay Location:

• Corner location at the intersection of Lexington Avenue and East 55th Street, providing exceptional street-level visibility and strong sight lines
• Situated in the heart of Midtown East, one of Manhattan’s most dynamic commercial and residential neighborhoods, known for its world-class dining, luxury shopping, and corporate headquarters
• Just steps from Grand Central Terminal (42nd Street and Park Avenue), providing seamless connectivity and access to tens of thousands of daily commuters, office workers, and visitors
• Minutes from Fifth Avenue luxury shopping (Bergdorf Goodman, Tiffany & Co., Cartier), Bloomingdale’s (59th Street and Lexington Avenue), Rockefeller Center, and MoMA
• Surrounded by high-end residential buildings, corporate offices, and luxury hotels, ensuring a steady flow of affluent customers

High-Traffic, Affluent Corridor:

• The area draws a mix of corporate executives, financial professionals, luxury shoppers, tourists, and affluent residents — all with high disposable income and a preference for quality, convenience, and premium retail experiences
• Strong weekday foot traffic from office workers and commuters, plus strong evening and weekend traffic from residents, shoppers, and visitors
• Retail tenants in the building include Starbucks, OAKBERRY Açaí, Glaze Teriyaki, Neuhaus Chocolates, and Untamed Sandwiches — a testament to the area’s strong demand for food, beverage, and specialty retail
• The building has 11 commercial units and approximately 20,000 SF of retail space, serving the surrounding residential and office population

Well-Proportioned Retail Layout – 979 SF:

• 979 SF of well-proportioned retail space — ideally sized for a boutique, beauty salon, specialty food shop, coffee concept, or service-based business
• Attractive storefront with excellent street-level visibility on Lexington Avenue and East 55th Street, a high-traffic corridor with constant pedestrian and vehicular flow
• Located in a 15-story, 203-unit luxury residential building designed by Emery Roth & Sons and built by the Rudin family in 1957
• Full-service building with a 24-hour doorman, concierge, and on-site management, providing a prestigious and professional environment
• At $20.43 per square foot, this price reflects the premium nature of this prime Midtown East location — competitive for this high-demand corridor

Excellent Transit Access – Unbeatable:

• Moments from Grand Central Terminal (4, 5, 6, 7, S) , one of Manhattan’s busiest and most convenient transit hubs, providing access to Metro-North Railroad and multiple subway lines
• Close to Lexington Avenue / 59th Street station (4, 5, 6, N, R, W) and 53rd Street station (E, M)
• Multiple bus routes serve Lexington Avenue, Third Avenue, and 55th Street (M31, M57, M101, M102, M103, Q32)
• Unbeatable commuter convenience for employees and customers from all five boroughs, Westchester, Long Island, New Jersey, and Connecticut

Affluent, High-Demand Customer Base:

• Office workers — thousands of professionals employed in nearby Midtown East corporate headquarters, financial institutions, and law firms
• Local residents — wealthy, established residents of Turtle Bay, Sutton Place, and the Upper East Side, including finance executives, medical professionals, lawyers, and philanthropists
• Grand Central commuters — tens of thousands of daily commuters passing through Grand Central Terminal, many of whom walk along Lexington Avenue and discover surrounding businesses
• Tourists and shoppers — visitors to Fifth Avenue luxury shopping, Rockefeller Center, MoMA, and Bloomingdale’s
• Ideal for businesses such as:
• Luxury boutique or concept store (apparel, accessories, home goods)
• Beauty or nail salon
• Specialty food, chocolate, or coffee shop
• Pharmacy or drugstore
• Pet supply or grooming
• Optical or eyewear shop
• Coffee shop or cafe (upscale)

Highlights:
✔ 979 SF of prime retail space on Lexington Avenue in Midtown East / Turtle Bay
✔ $20,000/month — premium location at $20.43 per square foot
✔ Corner location on East 55th Street and Lexington Avenue — exceptional visibility
✔ Steps from Grand Central Terminal, Fifth Avenue luxury shopping, and Bloomingdale’s
✔ Luxury 1957 Rudin-built building with 24-hour doorman and concierge
✔ High-traffic, affluent customer base — commuters, office workers, residents, and tourists
✔ Strong co-tenancy with Starbucks, OAKBERRY Açaí, Glaze Teriyaki, Neuhaus Chocolates, and Untamed Sandwiches
✔ Excellent transit access — 4, 5, 6, 7, S, E, F, M, N, R, W trains, Grand Central

Conclusion:

136 E 55th Street offers a prime opportunity for retailers, beauty professionals, and small business owners seeking premium, high-visibility retail space in one of Manhattan’s most prestigious and convenient locations — Midtown East / Turtle Bay, steps from Grand Central Terminal, Fifth Avenue luxury shopping, and Bloomingdale’s. With 979 SF of functional, flexible space, a corner location on Lexington Avenue and East 55th Street, and access to a loyal, high-demand customer base of office workers, residents, commuters, and tourists, this property is perfect for luxury boutiques, beauty salons, specialty food shops, or coffee concepts looking to thrive in a location where convenience, prestige, and commerce intersect — at a premium price befitting this prime location.

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