The borough of Manhattan is full of wonder. From skyscrapers to infamous retail shops, there’s always a sight to see. This, as well as Manhattan’s historical significance, has allowed New York City to grow to a notoriously known metropolis.
With the population of Manhattan reaching over 1.6 million people, it’s easily one of the densest areas on the East Coast. In addition to the consistent number of people in the borough, there are tons of tourists every year. In 2018 alone, over 65 million tourists visited Manhattan. This immense awareness for New York City allows retail stores to thrive here, and big businesses took note. Companies like Macy’s, Bergdorf Goodman, Apple, and Barneys all have their flagship retail stores in Manhattan.
There is plenty of Manhattan retail space for rent, especially for retail stores. When determining the best spot to rent, it’s important to consider everything that the rentals offer you. Do they have an aesthetic environment? Will your customers be happy when they enter the store’s location? The list below contains retail spaces that are sure to attract customers, as they are some of the best options for retail space in NYC.
Located in West Village, 273 Bleecker Street is a prime retail location in Manhattan. It was built in 1920, so it still has a relatively rustic feel to it inside. This, though, provides much opportunity for potential renovations. Its 25 feet of frontage provides great opportunity for retail stores who wish to display their merchandise and attract window shoppers. Inside the store, there is approximately 2,000 square feet of open space. This does not include the room available in the attached basement, which is perfect for storage of product. Another highlight about this retail spot is its prime location. It’s situated right between the 4th Street Subway station which has the A, C, E, B, D, F, M, and 1 train. This means customers will be able to access this location very easily, which is an important piece for an established business. With 273 Bleecker Street’s prime location and amenities, it’s surely a top retail rental space in NYC.
This six-story building has prime retail space for rent in Manhattan available on its ground floor. Built in 1930, this commercial space has an older and more established feel to it. This makes it great for companies who can play off the classic feel that this location offers. The retail
space takes up about 1,800 square feet. One great aspect about 96 Greenwich St is its prime location. Sitting in the Financial District, this lot is likely to attract a significant amount of attention. Two blocks away from the iconic World Trade Center and a five-minute walk to Battery park ensures that pedestrians will always be passing this site. In addition to pedestrians, those traveling by train have the opportunity to step off the 1 train subway platform at Rector Street and immediately enter your store, as the subway entrance is right out front. 96 Greenwich Street is an excellent commercial retail space for rent in NYC due to the transportation and awareness that comes with this spot.
A beautiful Manhattan retail space is seen at 215 E 58th Street. Though the building was constructed in 1970, it was recently renovated in 2017. This Midtown East retail site is aesthetically pleasing; the lobby has wide windows and stunning frontage, as well as a marbleized interior. Above the ground floor plot, there are five additional floors for retail space. This location is perfect for boutiques, as it has high, lofted ceilings and an open floor space. Additionally, there are security cameras equipped throughout the entire building which is perfect for higher-end companies. Another great aspect of 215 E 58th Street is its two elevators. This means that all customers can reach even the highest floor without having to trek up multiple stairs. A final key aspect that makes this location perfect for retail space is its accessibility. It’s in close proximity to many trains including the 4, 5, 6, N, Q, R, F, E, and M lines. There is also the M57, M31, and M15 trains nearby. If you’re looking for a prime retail boutique space in Manhattan, 215 E 58th St is hard to beat.
Manhattan is split up into different sections. Broadly, they are Upper Manhattan, Lower Manhattan, and Midtown Manhattan. Within each of these three generalized areas, there are many smaller neighborhoods sub sectioned between them. Some are better than others for retail sites. Let’s take a look at popular Manhattan retail space for lease.
Located at the northern end of Lower Manhattan, South of Houston Street, or SoHo for short, is an ideal neighborhood for retail stores. It’s higher end and easily accessible. This means that if you have a company that appeals to upper class individuals, you’re likely to be popular. It’s important to keep in mind that SoHo is a very liberal and chic area, so fancy chain stores are popular. For example, retailers like Levi’s, Madewell, and J. Crew are here. Ultimately, SoHo is an excellent place for retailers looking for a higher end storefront.
Midtown is a large section of Manhattan that, as the name suggests, is in the center of the borough. Here, depending on the location that you choose, you’ll be in close proximity to either popular tourist locations like Times Square, or more local enjoyed places including Rockefeller Center and Fifth Avenue. These locations allow both tourists and the local population to experience something unique. Some stores that stand out in Midtown are Tiffany & Co.,
Bergdorf Goodman, and Louis Vuitton. Because of how large of a neighborhood Midtown is, you’re sure to find an ideal retail space.
Manhattan retail spaces can gain your company a sense of notoriety. With a dense population, recognition by pedestrians and tourists alike is certain. This can help draw attention to a budding or previously established business.
When looking to open a storefront in Manhattan, as long as you consider how your company relates to the people of the area, you should be in for a great profit. Regardless of whether you’re looking for a small retail space or a large one, they’re all out there. Make sure to keep your eyes open for ideal retail space for lease in NYC, as they can come and go in an instant. Be ready to make your move to achieve the greatness that you foresee for your business!