University Place is a dynamic thoroughfare connecting Union Square and Washington Square Park. The immediate area is home to major attractions like the Union Square Greenmarket and the NYU campus, drawing a steady flow of students, professionals, and shoppers . This compact storefront is ideally suited for a specialty boutique, personal service provider, or a concept brand seeking a foothold in one of Manhattan’s most desirable neighborhoods.
Key Features
- Asking Rent: $8,000 / month
- Available Space: 400 SF
- Property Type: Ground-Floor Retail Storefront
- Lease Type: Direct Lease
- Location: Greenwich Village, adjacent to Union Square
- Neighborhood Highlights: Centrally located between Union Square and Washington Square Park, with high foot traffic from NYU and local professionals
Neighborhood Highlights
47 University Place sits in the vibrant Greenwich Village neighborhood, a district known for its historic charm, tree-lined streets, and dynamic commercial energy. The area attracts a sophisticated, high-spending demographic of residents, NYU students, and office workers .
The property is surrounded by a strong retail ecosystem, with major anchors and popular retailers nearby . Nearby landmarks include Union Square Park and Washington Square Park. The area offers a Walk Score of 100 (Walker’s Paradise) and a Transit Score of 100 (Rider’s Paradise). Transportation is exceptionally convenient, with the N, Q, R, W, 4, 5, 6, and L trains at Union Square, and the A, C, E, B, D, F, and M lines at West 4th Street, all within a short walk .
Summary
The 400 SF retail storefront at 47 University Place, New York, NY 10003, is available for $8,000 per month under a direct lease. With its prime Greenwich Village address, efficient boutique footprint, and location on a high-traffic corridor, this property represents a compelling opportunity for a retailer or service provider seeking a prestigious and accessible home in one of Manhattan’s most sought-after neighborhoods.
