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35,240 BSF 1009-1015 2nd Ave 2,188 SF of Retail Space Available in New York, NY 10022
Highlights
- Prime Midtown East location with strong foot traffic and high visibility along Second Avenue.
- Lower level includes three walk-in boxes and cellar access for storage and prep.
- Fully built-out bar and kitchen, offering a ready-to-use restaurant infrastructure.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,188 SF | 10-15 Years | $153.56 /SF/YR $12.80 /SF/MO $335,989 /YR $27,999 /MO | Modified Gross |
1st Floor
• Located at the base of a newly developed 19-story luxury residential condominium featuring high-end amenities • Delivered white-box with black iron venting and gas in place • Situated in an affluent Upper East Side corridor alongside established retailers including Equinox, Tomi Jazz, Lenwich, and Emack & Bolio’s • Dense residential and office population generating strong daytime and evening foot traffic
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 35,240 BSF
- Tenant
- Description
- US Locations
- Reach
- Midtown 1015 At Sutton Place
- Accommodation and Food Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Midtown 1015 At Sutton Place | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 2,188 SF | Gross Leasable Area | 47,717 SF |
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Restaurant |
| Total Space Available | 2,188 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 47,717 SF |
| Year Built | 1964 |
About the Property
The property at 1009-1015 2nd Avenue is a retail building located in Midtown East, Manhattan, between East 53rd and East 54th Streets. It was built in 1964 and offers approximately 7,000 square feet of leasable space. The site includes a main level and a lower level with storage facilities. The surrounding area consists of mixed-use development with residential, office, and hospitality properties. Public transportation is accessible via nearby subway stations, and the property is situated along a major commercial corridor with significant pedestrian activity.
Nearby Major Retailers
