Retail

Retail Space for Lease – 7 Park Avenue

Address: 7 Park Avenue, New York, NY, 10016
Price: $30,000/month
Square Feet: 2,508 SF
Type: Retail Space

Property Overview:

Located on prestigious Park Avenue in the heart of Murray Hill — one of Manhattan’s most central, elegant, and well-connected neighborhoods — 7 Park Avenue offers 2,508 SF of spacious retail space at a highly competitive price point. The building is the iconic pre-war cooperative “The Seven Park Avenue,” originally constructed between 1928 and 1953 and designed by the celebrated architect Emery Roth, who also designed the famed San Remo, El Dorado, and Beresford on Central Park West. This space features a generous, well-proportioned floorplate with strong frontage on Park Avenue, excellent visibility, and a prestigious address in a high-density residential and professional corridor. Ideally suited for luxury retail, showrooms, fitness studios, restaurants, or premium service providers seeking a flagship Park Avenue presence at an exceptional value.

Key Features:

Prime Park Avenue / Murray Hill Location:

• Situated on Park Avenue at East 34th Street — the gateway to one of the world’s most prestigious boulevards, poised mid-point between Midtown’s offices and theaters and the burgeoning tech, restaurant, and hotel scenes in NoMad and the Flatiron District
• Overlooking the Murray Hill Historic District, where brownstone mansions border tree-lined streets, placing your business among Midtown’s most elegant surroundings
• Steps from Grand Central Terminal — one of NYC’s most iconic landmarks and a global transportation hub
• Minutes from Bryant Park, The New York Public Library, Morgan Library, Union Square, and Madison Square, positioning your business at the center of Manhattan’s cultural and commercial life
• Surrounded by prestigious private clubs including Princeton, Columbia, Yale, Cornell, and Harvard Clubs

High-Traffic, Affluent Neighborhood:

• Murray Hill and the Park Avenue corridor attract a strong mix of affluent residents, corporate professionals, and hospitality traffic from nearby hotels
• Park Avenue’s prestige address ensures high brand visibility and a sophisticated clientele
• Grand Central Terminal generates consistent daily foot traffic from commuters, tourists, and office workers
• The neighborhood’s central location between Midtown’s corporate core and NoMad’s tech and hospitality scenes provides a diverse and steady customer base
• Villa Berulia, a white-tablecloth restaurant, is located on the premises, adding to the building’s prestige and foot traffic

Spacious, Well-Proportioned Layout – 2,508 SF:

• 2,508 SF of generous retail space — offering ample room for retail displays, dining areas, fitness equipment, or service stations
• Strong frontage on Park Avenue with excellent street-level visibility and branding potential
• Attractive, well-designed storefront with good natural light throughout the space
• Building features a dramatic, multi-level lobby with marble, terrazzo, and trompe l’oeil finishes — considered one of Manhattan’s best, recently restored and renovated
• At $11.96 per square foot, this represents exceptional value for retail space on Park Avenue — significantly below typical Midtown retail rates

Exceptional Transit Access:

• Moments from Grand Central Terminal (4, 5, 6, 7, S trains and Metro-North Railroad) — one of New York’s busiest and most connected transit hubs
• Close to the 34th Street stations (B, D, F, M, N, Q, R, W trains) and 33rd Street PATH, providing connections to New Jersey, Brooklyn, and Queens
• Within walking distance to Penn Station (1, 2, 3, A, C, E trains, LIRR, NJ Transit, and Amtrak)
• Multiple bus routes serve Park Avenue, Lexington Avenue, and 34th Street
• Convenient for commuters from New Jersey, Brooklyn, Queens, and all parts of Manhattan

Diverse, High-Traffic Customer Base:

• Affluent residents — Murray Hill and the surrounding neighborhoods are home to a dense, high-income residential population
• Office professionals — thousands of daily workers in Midtown’s corporate headquarters, financial services, and professional firms
• Grand Central commuters — hundreds of thousands of daily commuters pass through Grand Central Terminal, just steps away
• Hotel guests — the area is home to numerous hotels including Gansevoort Park, Ace, NoMad, and W-Union Square
• Tourists — Park Avenue and Grand Central attract millions of annual visitors from around the world

Ideal for businesses such as:

• Flagship retail boutique or concept store
• Showroom or design studio
• Fitness or wellness studio
• Restaurant or café
• Beauty salon or spa
• Medical or dental office
• Art gallery or frame shop
• Jewelry or watch showroom
• Financial services or wealth management boutique

Highlights:

✔ 2,508 SF of spacious retail space on prestigious Park Avenue
✔ $30,000/month — exceptional value at just $11.96 per square foot
✔ Prime Park Avenue address in the heart of Murray Hill
✔ Steps from Grand Central Terminal and 34th Street
✔ Designed by legendary architect Emery Roth — among Manhattan’s most elegant cooperatives
✔ Dramatic, multi-level lobby with marble and trompe l’oeil finishes — one of Manhattan’s best
✔ Strong, affluent foot traffic — residents, professionals, commuters, and tourists
✔ Exceptional transit access — 4, 5, 6, 7, S, B, D, F, M, N, Q, R, W trains plus Metro-North and PATH
✔ Building features white-glove amenities including doormen, concierge, and rooftop deck with Empire State Building views
✔ Spacious footprint ideal for flagship retail, restaurant, fitness studio, or showroom
✔ Surrounded by world-class dining, shopping, and cultural landmarks

Conclusion:

7 Park Avenue offers a rare opportunity for retailers and entrepreneurs seeking a prestigious, globally recognized address in the heart of Murray Hill — one of Manhattan’s most elegant, central, and well-connected neighborhoods. With 2,508 SF of spacious, flexible retail space, a marquee Park Avenue location at the gateway to Midtown and NoMad, and access to a high-traffic, affluent customer base of residents, professionals, commuters, and tourists, this property is perfect for flagship boutiques, showrooms, fitness studios, restaurants, or premium service providers looking to establish a commanding presence on one of New York City’s most prestigious boulevards — all at an exceptional value of $11.96 per square foot.

Contact us today to schedule a private tour and secure this prime Park Avenue retail space!