The property is currently a 9-story, 31,105-square-foot office building built in 1920 and is being marketed as a prime development opportunity . The available 4,500 SF retail space is located at the base of this building, providing excellent street-level visibility and direct access to the area’s dense traffic of professionals, residents, and visitors. The location one block west of the iconic Citigroup Center tower underscores the blue-chip corporate presence in the immediate vicinity .
Key Features
- Asking Rent: $35,000 / month
- Available Space: 4,500 SF
- Property Type: Ground-Floor Retail / Commercial Space
- Lease Type: Direct Lease
- Building Class: C1-9 (R10) Zoning
- Year Built: 1920
- Frontage: Approximately 50 feet on East 54th Street
- Visibility: High street-level exposure in a prestigious Midtown location
- Access: Steps from the 53rd Street subway station servicing the E, M, and 6 trains
- Neighborhood Highlights: Surrounded by luxury residential towers, major office buildings, and world-class retail
Neighborhood Highlights
Midtown East is one of Manhattan’s most prestigious and dynamic commercial districts, characterized by a concentration of corporate headquarters, luxury residential towers, and high-end retail . The immediate area features a diverse mix of hotels, restaurants, and embassies, with one block west of the iconic Citigroup Center tower at 601 Lexington Avenue .
The property is centrally located with excellent access to the city’s transportation network. The 53rd Street subway station (serving the E, M, and 6 lines) is just down the block , and Grand Central Terminal is only a short walk away . The area has a Walk Score of 99 and a Transit Score of 100 .
Summary
The 4,500 SF retail storefront at 226 East 54th Street, New York, NY 10022, is available for $35,000 per month. With its prime Midtown East location, excellent street-level visibility, direct access to transportation, and blue-chip corporate surroundings, this property presents a compelling opportunity for a high-profile retail, dining, or service concept seeking a flagship presence in one of Manhattan’s most desirable neighborhoods.
