The property’s East Harlem location places your business in one of Manhattan’s most culturally rich and rapidly revitalizing neighborhoods, with access to strong residential density and increasing commercial investment .
Key Features
- Asking Rent: $25,000 / month
- Available Space: Approximately 5,000 SF
- Property Type: Multi-Story Retail Building with 2 Commercial Units
- Lease Type: Direct Lease
- Building Class: K2 – Two-Story Retail Building
- Year Built: 1930
- Year Last Altered: 1989
- Stories: 2 Stories
- Building Sq Ft: 3,772 SF
- Lot Size: 2,683 SF
- Layout: Flexible, open floorplan suitable for a variety of retail, showroom, or service concepts
- Frontage: Street-level exposure on Third Avenue with good visibility
- Zoning: R9 with C2-5 Commercial Overlay in a Special East Harlem District
- Neighborhood: East Harlem
- Neighboring Tenants: National brands and local retailers along the Third Avenue corridor
Neighborhood Highlights
East Harlem, also known as El Barrio, is one of Manhattan’s most culturally significant and rapidly evolving neighborhoods. The area is renowned for its vibrant Latino heritage, celebrated dining scene, and iconic cultural institutions such as the Museum of the City of New York and El Museo del Barrio. East Harlem is experiencing a renaissance, with new residential developments, improved public spaces, and growing interest from entrepreneurs seeking affordable commercial space with immense potential.
The neighborhood’s dense residential population—comprising long-standing families, young professionals, and students—ensures a steady and diverse customer base. Nearby landmarks include Thomas Jefferson Park and the bustling 125th Street retail corridor.
Transportation is highly convenient, with access to the 4, 5, and 6 subway lines at nearby 110th Street and 116th Street stations, and multiple bus routes along Third Avenue and nearby corridors, providing seamless connectivity across Manhattan, the Bronx, and beyond .
Summary
The approximately 5,000 SF retail space at 1887 Third Avenue, New York, NY 10029, is available for $25,000 per month under a direct lease. With its prime East Harlem location, substantial square footage, and excellent street-level visibility on a major commercial corridor, this property represents a compelling opportunity for large-format retailers, showrooms, fitness operators, or service providers seeking a high-profile and accessible home in one of Manhattan’s most dynamic and evolving neighborhoods.