Retail

Expansive Retail Opportunity on First Avenue

Address: 1240 First Ave, New York, NY 10065
Monthly Lease Price: $60,000
Square Footage: 3,420 sq. ft.
Property Type: Retail Space

Property Details:

Total Area: 3,420 sq. ft.
Location: Upper East Side, Manhattan
Market Segment: All

Key Features:

High-Traffic Upper East Side Location
Located on First Avenue in Manhattan’s prestigious Upper East Side, this retail space benefits from a prime spot in a bustling neighborhood. Known for its upscale residents and popular shopping destinations, this area is ideal for businesses looking to cater to a discerning clientele.

Generous and Versatile Layout
With 3,420 sq. ft., this property provides a spacious environment well-suited to various retail formats, such as high-end boutiques, showrooms, or flagship stores. Its open layout offers flexibility to create a customized shopping experience tailored to attract and engage customers.

Premium Exposure in a Competitive Market
Priced at $60,000 per month, this space offers excellent value for its size and location. The blend of high visibility, substantial square footage, and an attractive lease rate make it a prime choice for brands eager to secure a foothold in the Upper East Side’s competitive retail landscape.

Exceptional Foot Traffic and Visibility
Situated along a busy stretch of First Avenue, this location ensures consistent foot traffic and ample exposure. Proximity to popular restaurants, shops, and cultural attractions enhances the appeal, drawing both local residents and visitors.

Conclusion:

1240 First Avenue presents an exceptional opportunity for retailers aiming to establish a flagship presence in one of Manhattan’s most affluent neighborhoods. With ample space, prime visibility, and a competitive lease rate, this property is an ideal investment for brands looking to engage a high-end, urban audience.