887 1St AveNew York, NY 10022

For Lease
$61/SF/YR

1950 sq ft Bar/Restaurant Space, East Midtown

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 1,950 square foot retail space is ideally situated on the corner of 1st Avenue and East 50th Street in Manhattan's vibrant East Midtown neighborhood. Boasting 44 feet of frontage on 1st Avenue, the space features oversized glass windows and a glass door, ensuring high visibility and attracting significant foot traffic day and night. The ground floor offers 1,886 square feet, including dedicated storage areas. The layout is flexible, adaptable to various uses including restaurants, bars, medical offices, or other retail businesses. While currently unvented, the landlord is receptive to tenant improvement proposals. This Class A property is conveniently located near the 6, E, and M subway lines and bus routes. The surrounding area is densely populated with well-regarded bars, restaurants, and high-end residential buildings, creating a strong customer base. The asking price is $10,000. This turnkey space presents a unique opportunity for a discerning business owner seeking a high-impact location in a thriving market.

Highlights

  • 1,950 SF retail space at 1st Ave & E 50th St, Manhattan's East Midtown.
  • 44' of frontage on 1st Ave with large windows & glass door for high visibility.
  • 1,886 SF ground floor plus storage; flexible layout suitable for restaurants, bars, medical, or retail.
  • Landlord open to tenant improvements (currently unvented).
  • Class A property near 6, E, & M subway lines and bus routes, in a high-traffic area with strong demographics.
  • Asking rent: $10,000.

Property Details for 887 1St Ave

Property type
Other retail properties, Restaurants
RSF (Rentable sq. ft)
1,950 SF
Class
A

Unit(s) available at that property

Space
Size
1,950 SF
Rate per SF
$61

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7538005
Longitude
-73.96645536
887 1St Ave, New York, New York

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887 1St Ave
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