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389 2nd Ave 1,000 SF of Retail Space Available in New York, NY 10010
Highlights
- Ground-floor retail frontage on Second Avenue
- Built in 1910; 4 stories
- Near restaurants, service retail, and neighborhood amenities
- Mixed-use Gramercy Park building
- Located between East 22nd and East 23rd Streets
- Close to 23 Street 6 train access
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Retail | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste Retail
1,000 SF ground-floor retail space with additional usable basement area, positioned along the Second Avenue corridor in Gramercy Park. The layout supports a range of retail, café, restaurant, bar, or service concepts, subject to tenant buildout, licensing, and use approvals. The prior listing notes approximately 625 SF of basement space in addition to the ground-floor area.
- Space is in Excellent Condition
- Usable basement
- Direct Second Avenue presence
- Between East 22nd and East 23rd Streets
- Surrounded by established restaurants
- Close to the 23 Street 6 train
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
- 7,952
- International
| Tenant | Description | US Locations | Reach |
| Tree Of Life Fellowship | Services | 1 | - |
| Ups Store | Business/Copy/Postal Services | 7,952 | International |
Property Facts
| Total Space Available | 1,000 SF | Gross Leasable Area | 4,580 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,580 SF |
| Year Built | 1910 |
About the Property
389 2nd Avenue offers ground-floor retail in a 4-story mixed-use Gramercy Park building constructed in 1910. The space sits on the east side of Second Avenue between East 22nd and East 23rd Streets, along an active neighborhood corridor with restaurants, service retail, residential density, and daily pedestrian activity. Nearby retail includes Malii Gramercy Thai Restaurant and a UPS Store. The 23 Street 6 train station is located at Park Avenue South and East 22nd/East 23rd Streets.
Nearby Major Retailers
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389 2nd Ave
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