Current leasing materials describe the offering as approximately 6,500 SF across the ground and second floors, with approximately 20 to 50 feet of frontage, ceiling heights ranging from roughly 14 to 20 feet, and an outdoor terrace on the second floor. The retail space is planned at the base of a new residential development containing approximately 99 apartments, providing an additional built-in customer base.
The property is particularly well suited for flagship retail, restaurant, café, fitness, wellness, showroom, experiential retail, or other high-traffic commercial concepts. Current marketing materials indicate that both Type 1 and Type 2 venting are permitted, significantly expanding the range of potential food-and-beverage uses.
Key Features
- Asking Rent: $120,000 / month
- Available Space: 6,512 SF
- Approximate Rent: $221.13 / SF / year
- Property Type: Retail / Food & Beverage
- Lease Type: Direct Lease
- Location: Financial District
- Configuration: Ground and second-floor retail
- Frontage: Approximately 20–50 feet
- Ceiling Heights: Approximately 14–20 feet
- Outdoor Space: Second-floor terrace
- Venting: Type 1 and Type 2 venting permitted
- Development: Retail positioned at the base of a planned 99-unit residential building
- Zoning: C5-5, within the Special Lower Manhattan District
- Retail Uses: Suitable for restaurant, café, fitness, wellness, flagship retail, showroom, specialty retail, and experiential concepts
- Transit Access: Immediate proximity to Fulton Center with access to the 2, 3, 4, 5, A, C, J, and Z subway lines.
Neighborhood Highlights
Located on Fulton Street between Broadway and Nassau Street, 140 Fulton Street occupies a high-profile position in one of Downtown Manhattan’s most active commercial areas. The surrounding Financial District has evolved into a true mixed-use neighborhood, combining major office towers with a rapidly growing residential population, hotels, restaurants, destination retail, tourism, and educational institutions.
The property is located approximately one block from Fulton Center, one of Lower Manhattan’s largest transportation hubs. The station provides access to the 2, 3, 4, 5, A, C, J, and Z lines, while current leasing materials cite access to more than 300,000 daily riders across nine subway lines in the surrounding transportation network.
The location also benefits from proximity to Wall Street, the World Trade Center, City Hall, the Oculus, the South Street Seaport, and Pace University, generating pedestrian activity from office workers, residents, students, commuters, and tourists throughout the week.
The planned residential development at the property further enhances the retail opportunity. A new-building filing submitted in March 2026 calls for an approximately 117,824-square-foot residential building with 99 apartments, reinforcing the broader trend of residential growth in Lower Manhattan.
For food-and-beverage operators, the combination of permitted Type 1 and Type 2 venting, high ceilings, substantial frontage, outdoor terrace space, and immediate proximity to major transit makes the property especially attractive. The approximately 6,512 SF footprint also provides enough scale for a larger-format concept seeking a highly visible Downtown Manhattan location.
Summary
The approximately 6,512 SF retail space at 140 Fulton Street, New York, NY 10038, is offered at an asking rent of $120,000 per month, equivalent to approximately $221.13 per square foot annually.
With its prominent Fulton Street location, immediate proximity to Fulton Center, approximately 20–50 feet of frontage, 14–20-foot ceiling heights, second-floor outdoor terrace, permitted restaurant venting, and placement beneath a planned 99-unit residential development, the property represents a compelling opportunity for flagship retailers, restaurants, cafés, fitness and wellness concepts, showrooms, and experiential operators seeking a major presence in the Financial District.
