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389 2nd Ave 625 - 1,625 SF of Retail Space Available in New York, NY 10010
HIGHLIGHTS
- Asking Rent: $11,000 per month
- Open plan with exposed brick walls
- First Floor: 1000 SQF. Basement: 625 SQF
- Heavy Daytime Foot Traffic
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 625 SF | Negotiable | $81.23 /SF/YR $6.77 /SF/MO $50,769 /YR $4,231 /MO | TBD | ||
| 1st Floor | 1,000 SF | Negotiable | $81.23 /SF/YR $6.77 /SF/MO $81,230 /YR $6,769 /MO | TBD |
Basement
Prime retail space location in Gramercy Park between 23rd and 22nd street on 2nd Ave. 1,000 square feet on the first floor and 625 square feet in the basement. It can be used as a bar, restaurant, café or any other kind of dry use. Next to the popular Malii Gramercay Thai Restaurant and UPS store.
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,625 SF of adjacent space
- Private Restrooms
- Basement
- Prime Retail Space in Gramercy Park
1st Floor
Prime retail space location in Gramercy Park between 23rd and 22nd street on 2nd Ave. 1,000 square feet on the first floor and 625 square feet in the basement. It can be used as a bar, restaurant, café or any other kind of dry use. Next to the popular Malii Gramercay Thai Restaurant and UPS store.
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,625 SF of adjacent space
- Private Restrooms
- Basement
- Prime Retail Space in Gramercy Park
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 389 2ND AVE, NEW YORK, NY 10010
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Tree Of Life Fellowship
- Services
- 1
- -
- Ups Store
- Business/Copy/Postal Services
- 7,882
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Tree Of Life Fellowship | Services | 1 | - |
| Ups Store | Business/Copy/Postal Services | 7,882 | International |
PROPERTY FACTS
| Total Space Available | 1,625 SF | Gross Leasable Area | 4,580 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,625 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,580 SF |
| Year Built | 1910 |
ABOUT THE PROPERTY
Asking rent $11,000 per month. Prime retail space location in Gramercy Park between 23rd and 22nd street on 2nd Ave. 1,000 square feet on the first floor and 625 square feet in the basement. It can be used as a bar, restaurant, café or any other kind of dry use. Next to the popular Malii Gramercay Thai Restaurant and UPS store.
NEARBY MAJOR RETAILERS
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389 2nd Ave
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