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1588 Saint Nicholas Ave 600 - 4,500 SF of Retail Space Available in New York, NY 10040
Highlights
- Exceptional corner frontage along Saint Nicholas Avenue directly across from a subway station.
- Accessible location with strong connectivity to public transit and nearby community amenities.
- Multiple demising options available to accommodate user requirements and layouts.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1850sf Middle Space | 1,850 SF | 12’ | Negotiable | $85.00 /SF/YR $7.08 /SF/MO $157,250 /YR $13,104 /MO | Net | |
| 1st Floor, Ste 600sf next to corner | 600 SF | 12’ | Negotiable | $90.00 /SF/YR $7.50 /SF/MO $54,000 /YR $4,500 /MO | Net | |
| 1st Floor, Ste Corner | 1,250 SF | 12’ | Negotiable | $105.00 /SF/YR $8.75 /SF/MO $131,250 /YR $10,938 /MO | Net | |
| 1st Floor, Ste South Store | 800 SF | - | Negotiable | $85.00 /SF/YR $7.08 /SF/MO $68,000 /YR $5,667 /MO | Net |
1st Floor, Ste 1850sf Middle Space
1594 St. Nicholas Avenue – ±1,850 SF ground-floor space with a full basement. Can easily be combined with the adjacent storefronts to create a contiguous space of approximately 4,500 SF, making it ideal for larger restaurant, retail, medical, fitness, or service users.
- Lease rate does not include certain property expenses
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,500 SF of adjacent space
- Finished Ceilings: 12’
1st Floor, Ste 600sf next to corner
1596 St. Nicholas Avenue – ±600 SF storefront adjacent to the former Pizza Hut space. Ideal as an expansion to create approximately 1,850 SF of contiguous ground-floor space or as a standalone retail location.
- Lease rate does not include certain property expenses
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,500 SF of adjacent space
- Finished Ceilings: 12’
1st Floor, Ste Corner
The entire building is available for lease, offering multiple size configurations to suit your needs. The corner former Pizza Hut space (approximately 1,250 SF) features substantial existing restaurant improvements, including a hood and gas service. It can be leased on its own, combined with the adjacent 600 SF storefront on the same level for approximately 1,850 SF, or leased together with the remainder of the building for a total footprint of approximately 4,500 SF, plus a full storage basement. The property features a modern glass storefront, a newly renovated building, and a prime Washington Heights location with outstanding visibility and heavy pedestrian traffic. Rent: $85 - $105 per sf. There are currently no demising walls between the spaces; however, there are slight floor-grade transitions separating each unit. Available Spaces 1598 St. Nicholas Avenue (Former Pizza Hut) – ±1,250 SF corner storefront with substantial existing restaurant improvements, including a hood and gas service. 1596 St. Nicholas Avenue – ±600 SF storefront that can easily be combined with the corner space for approximately 1,850 SF on the same level. 1594 St. Nicholas Avenue – ±1,850 SF storefront. 1592 St. Nicholas Avenue – ±800 SF storefront. Lease one space, combine multiple spaces, or lease the entire building totaling approximately 4,500 SF, plus a full storage basement.
- Lease rate does not include certain property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,500 SF of adjacent space
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Corner Space
- High Ceilings
- Drop Ceilings
- Recessed Lighting
- Emergency Lighting
- Plug & Play
- Automatic Blinds
- Finished Ceilings: 12’
- Basement
- Smoke Detector
- Wheelchair Accessible
- Retail space on the corner
- heavy traffic
1st Floor, Ste South Store
1592 St. Nicholas Avenue – ±800 SF end-cap storefront offering excellent visibility, natural light, and strong signage opportunities. Ideal for retail, service, or food uses, with the flexibility to combine with adjacent spaces.
- Lease rate does not include certain property expenses
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 4,500 SF of adjacent space
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.
Property Facts
| Total Space Available | 4,500 SF | Gross Leasable Area | 4,500 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,500 SF |
| Year Built | 1960 |
About the Property
1588 St. Nicholas Avenue is a prominent corner retail opportunity in the heart of Washington Heights, directly across from the subway. The property offers flexible leasing options for a variety of retail, restaurant, and service users, with outstanding visibility, heavy foot traffic, and excellent accessibility.
- Bus Line
- Corner Lot
- Metro/Subway
- Signalized Intersection
Nearby Major Retailers
Contact the Leasing Agent
1588 Saint Nicholas Ave