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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Retail | 535 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities |
Ground, Ste Retail
716 Third Avenue – Prime Corner Retail at 45th Street An exceptional, cozy corner retail opportunity at the intersection of 45th Street and Third Avenue, surrounded by major office towers and international institutions. This highly visible storefront benefits from substantial pedestrian traffic and direct proximity to some of Midtown’s most prominent destinations. Property Highlights: Prominent corner frontage with excellent visibility and branding potential Easy installation for venting – ideal for food & beverage operators Gas in complex to support restaurant or kitchen use All uses considered– retail, café, service, or specialty concept Close to major office hubs, including 420 Lexington Avenue, Grand Central Terminal, and the United Nations Headquarters With unmatched exposure and a prime Midtown East location, 716 Third Avenue offers the perfect balance of charm and visibility for your next flagship or destination retail concept. Video Tour Upon Request
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Corner Space
- High Ceilings
- Basement
- Ventilation - Venting
- Next To Major Transportation
- Glass Windows All-Around
- Wraparound Signage for Exposure
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 716 THIRD AVE, NEW YORK, NY 10017
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Gai Chicken & Rice
- Restaurant
- 1
- -
- Gia
- Services
- 1
- -
- His and Her Factory Corp
- Retailer
- 1
- -
- Madhu Eyebrows
- Salon/Barber/Spa
- 1
- -
- Subway
- Sub Sandwich
- 28,950
- International
- T-Monile
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Gai Chicken & Rice | Restaurant | 1 | - |
| Gia | Services | 1 | - |
| His and Her Factory Corp | Retailer | 1 | - |
| Madhu Eyebrows | Salon/Barber/Spa | 1 | - |
| Subway | Sub Sandwich | 28,950 | International |
| T-Monile | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 535 SF | Gross Leasable Area | 2,367 SF |
| Property Type | Retail | Year Built | 1938 |
| Property Subtype | Storefront |
| Total Space Available | 535 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,367 SF |
| Year Built | 1938 |
NEARBY MAJOR RETAILERS
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716 Third Ave
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