The unit features a street-level location with a large glass frontage, providing high visibility and strong branding potential in a neighborhood surrounded by luxury residences, embassies, medical offices, and office buildings . Its flexible layout is well-suited for a variety of boutique retail and service-oriented concepts .
Key Features
- Asking Rent: $15,000 / month
- Available Space: ~940 SF
- Property Type: Ground-Floor Retail / Commercial Space
- Lease Type: Direct Lease
- Building Class: B
- Year Built: 1930
- Stories: 17 Stories
- Frontage: Large glass storefront with excellent street-level visibility
- Layout: Open, flexible floorplan suitable for a variety of retail and service uses
- Building Amenities: Attended lobby
- Neighborhood Highlights: Sutton Place, surrounded by high-rise residential towers, hotels, medical offices, and embassies
Neighborhood Highlights
Located on First Avenue between East 53rd and East 54th Streets, 984-990 First Avenue places your business in the heart of the esteemed Sutton Place neighborhood . The area is characterized by a dense concentration of luxury residential buildings, major medical institutions, and corporate offices, ensuring a consistent flow of high-spending customers .
The neighborhood boasts a Walk Score of 99 (Walker’s Paradise), a Transit Score of 100 (Rider’s Paradise), and a Bike Score of 75 (Very Bikeable) . The immediate area is home to a variety of amenities, including the local elementary school (PS 267), St. Catherine’s Park, and a strong retail ecosystem with national and local tenants .
Transportation is exceptionally well-served, with the E, M, 4, 5, and 6 subway lines just steps away, providing seamless connectivity across Manhattan . The property also offers convenient access to the FDR Drive and the Queensboro Bridge for vehicular traffic .
Summary
The ~940 SF retail storefront at 984-990 First Avenue, New York, NY 10022, is available for $15,000 per month under a direct lease. With its prime Sutton Place address, high-visibility storefront, and access to a wealthy residential and professional customer base, this property represents a compelling opportunity for retailers, service providers, or food and beverage concepts seeking a prestigious and accessible home in one of Manhattan’s most desirable neighborhoods.
