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26 E 23rd St 1,793 - 3,959 SF of Retail Space Available in New York, NY 10010
SUBLEASE HIGHLIGHTS
- Prime Flatiron District location with heavy foot traffic.
- Rare multi-level layout offering operational flexibility.
- Surrounded by top-tier retailers and major office headquarters.
- Fully built-out QSR space with venting and gas in place.
- Excellent visibility with flagpole signage opportunity.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 26 E 23rd | 2,166 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 2nd Floor, Ste 26 E 23rd | 1,793 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor, Ste 26 E 23rd
Fully built out QSR with venting and gas in place. Rare, multi-level standalone opportunity. Excellent visibility with flagpole signage. 7-day-a-week foot traffic with balanced mix of residents, office workers, and tourists.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,959 SF of adjacent space
- Basement
2nd Floor, Ste 26 E 23rd
Fully built out QSR with venting and gas in place. Rare, multi-level standalone opportunity. Excellent visibility with flagpole signage. 7-day-a-week foot traffic with balanced mix of residents, office workers, and tourists.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,959 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 | 3,959 SF | Gross Leasable Area | 4,800 SF |
| Property Type | Retail | Year Built | 1928 |
| Total Space Available | 3,959 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,800 SF |
| Year Built | 1928 |
ABOUT THE PROPERTY
Positioned in the heart of Manhattan’s iconic Flatiron District, 26 East 23rd Street offers a rare, multi-level retail opportunity with exceptional visibility and branding potential. This fully built-out quick-service restaurant space features venting and gas infrastructure already in place, making it ideal for food and beverage operators seeking a turnkey solution. The property spans three levels, creating flexibility for dining, kitchen, and storage configurations. The location benefits from unmatched pedestrian traffic seven days a week, driven by a vibrant mix of residents, office professionals, and tourists. Surrounding retailers include Sweetgreen, Starbucks, Eataly, Shake Shack, and LEGO, reinforcing the area’s reputation as a premier dining and shopping destination. Nearby corporate headquarters such as IBM, Sony, and Microsoft add to the steady daytime population. With Madison Square Park just steps away and easy access to Madison Avenue and Park Avenue South, this address combines high visibility with strong neighborhood synergy.
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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26 E 23rd St
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