159 2nd Ave 1,200 SF of Retail Space Available in New York, NY 10003

HIGHLIGHTS

  • 159 2nd Avenue presents prime, first-floor retail space at the vibrant corner of 10th Street and 2nd Avenue in New York City's East Village.
  • Situated at the base of an 18-unit, seven-story multifamily residential building, providing exceptional frontage, high visibility, and foot traffic.
  • Located across from Abe Lebewohl Park within convenient walking distance to multiple subway lines, providing easy access for customers and employees.
  • Capitalize on this opportunity with a full basement and ventilation equipped for restaurant use in one of Manhattan's most sought-after areas.

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,200 SF
  • Negotiable
  • $210.00 /SF/YR
  • Retail
  • Partial Build-Out
  • Now

Brokers are protected, and the asking rent for this lease is $21,000 per month.

  • Space is in Excellent Condition
  • Basement
  • Smoke Detector
  • Central Air and Heating
  • Ventilation - Venting
Space Size Term Rental Rate Space Use Condition Available
1st Floor 1,200 SF Negotiable $210.00 /SF/YR Retail Partial Build-Out Now

1st Floor

Size
1,200 SF
Term
Negotiable
Rental Rate
$210.00 /SF/YR
Space Use
Retail
Condition
Partial Build-Out
Available
Now

PROPERTY FACTS

Total Space Available 1,200 SF
Property Type Multifamily
Property Subtype Apartment
Building Size 17,795 SF
Year Built 1940

ABOUT THE PROPERTY

Located at the bustling corner of 10th Street and 2nd Avenue, 159 2nd Avenue offers prime first-floor retail space at the base of an 18-unit, seven-story multifamily residential building in the East Village. The retail tenant will benefit from exceptional frontage with high visibility and heavy pedestrian traffic. A full basement for storage and additional operational flexibility, as well as ventilation equipped for restaurant use, make this space an excellent choice for food service businesses. Enhancing affordability in this sought-after neighborhood, building tenants receive reduced leasing costs as the property is managed directly by the owner. The East Village's vibrant community, proximity to NYU, and strong pedestrian activity make 159 2nd Avenue an ideal location for retailers and restaurateurs seeking to establish or expand in Manhattan. Conveniently located near multiple subway lines, this space ensures easy access for customers and employees alike. Abe Lebewohl Park, located directly across the street, offers a pleasant outdoor environment. The neighborhood's dense population — approximately 611,900 residents within a two-mile radius — and average household income of $142,264 per year further reinforce 159 2nd Avenue's strong business potential.

Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
258,500
1,219,500
2,810,132
4,920,367
2029 Population
239,535
1,155,731
2,650,998
4,611,942
2024-2029 Projected Population Growth
-7.3%
-5.2%
-5.7%
-6.3%
Median Age
37.1
36.6
37.5
38.2
College Degree + Higher
68%
67%
57%
27%
Daytime Employees
276,966
1,938,626
2,434,382
3,152,357
Total Businesses
27,482
158,807
228,501
335,714
Average Household Income
$135,090
$145,639
$130,223
$112,735
Median Household Income
$98,589
$112,945
$95,937
$78,827
Total Consumer Spending
$4.2B
$19.5B
$39.5B
$57.8B
2024 Households
133,744
595,214
1,270,153
2,000,597
Average Home Value
$870,611
$872,742
$846,409
$797,084

NEARBY MAJOR RETAILERS

Starbucks
Trader Joe's
Citizens Bank
HSBC
Chase Bank
TD Bank
Bank of America
Apple Bank ATM
Five Guys
IHOP
  • Listing ID: 35190802

  • Date on Market: 3/19/2025

  • Last Updated:

  • Address: 159 2nd Ave, New York, NY 10003