Your email has been sent.
401 E 62nd St 1,250 SF of Retail Space Available in New York, NY 10065
Highlights
- Prominent First Avenue frontage with strong daily foot and vehicle counts.
- Walkable neighborhood with dense residential population and steady customer flow.
- High-visibility storefront location in a well-established mixed-use corridor.
- Surrounded by major Midtown East institutions including NYU Langone and the UN Headquarters.
- Easy access to multiple subway lines and major bus routes servicing Midtown.
- Ideal for retail, service, or medical use due to proximity to major healthcare campuses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,250 SF | Negotiable | $81.60 /SF/YR $6.80 /SF/MO $102,000 /YR $8,500 /MO | Modified Gross |
Ground
· Formerly an Indian restaurant · Fully vented with Gas kitchen, Hood in place · Expansive seating area · Ideal for all F&B concepts in the heart of the Upper East Side · No key money · Located directly off 1st Avenue
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Basement
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 401 E 62nd St, New York, NY 10065
- Tenant
- Description
- US Locations
- Reach
- AD Real Estate - 1130 First Ave.
- Real Estate
- 26
- Local
- Anatolia Mediterranean Cuisine
- Restaurant
- 1
- -
- Carry Home
- Retailer
- 1
- -
- Marwin Thai Restaurant
- Restaurant
- 1
- -
- Space Market
- Restaurant
- 1
- -
- Space NY 62
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| AD Real Estate - 1130 First Ave. | Real Estate | 26 | Local |
| Anatolia Mediterranean Cuisine | Restaurant | 1 | - |
| Carry Home | Retailer | 1 | - |
| Marwin Thai Restaurant | Restaurant | 1 | - |
| Space Market | Restaurant | 1 | - |
| Space NY 62 | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,250 SF | Gross Leasable Area | 8,363 SF |
| Property Type | Retail | Year Built/Renovated | 1960/1987 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,363 SF |
| Year Built/Renovated | 1960/1987 |
About the Property
1130 First Avenue sits in the heart of Midtown East, one of Manhattan’s most established mixed-use corridors characterized by steady foot traffic, dense residential towers, active commercial activity, and proximity to world-class institutions. This section of First Avenue benefits from consistent neighborhood demand driven by nearby medical, corporate, hospitality, and retail anchors. The immediate area is surrounded by luxury high-rise apartments, long-standing local businesses, and national brands, creating a strong customer base throughout the day and evening. Positioned within minutes of the United Nations Headquarters, NYU Langone Health, Rockefeller University, and the East River waterfront, the property enjoys an enviable location drawing international professionals, students, medical staff, and residents. First Avenue itself is a major north-south artery with constant vehicular and pedestrian flow, enhanced further by multiple bus routes and access to the 4, 5, 6, E, and M subway lines. The building’s streetscape is known for its visibility, stable neighborhood demographics, and high retail engagement. Typical buildings along this stretch feature classic Manhattan mixed-use construction with ground-floor retail and residential or office space above. The property’s scale, storefront presence, and walkability make it well positioned for retailers, boutique service operators, or medical users seeking close proximity to major Midtown healthcare institutions.
Nearby Major Retailers
Presented by
401 E 62nd St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.