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1435 1st Ave
New York, NY 10021
Retail Property For Lease

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HIGHLIGHTS

  • 1435 1st Avenue provides modern, ground-floor retail storefronts with a prime Upper East Side location just six blocks from Central Park.
  • High exposure location between two signalized intersections on 1st Avenue, with prominent tenant signage visible to over 27,000 vehicles daily.
  • Foot traffic stimulated by neighboring retailers including Starbucks, Numero 28 Pizza, 2nd Ave Deli, and Rainbow Hardware.
  • Robust customer base within 1 mile, including 214,000 residents with an average household income of more than $170,000 annually.

PROPERTY FACTS

Total Space Available 800 SF
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 21,410 SF
Year Built/Renovated 1910/1987

ABOUT THE PROPERTY

1435 1st Avenue provides a mid-rise, mixed-use property with a prime Upper East Side location just six blocks from Central Park and two blocks from the East River. This well-maintained prewar building provides ground-level commercial storefronts along a high-traffic commercial corridor. Available suites include options for shell space and full build-outs, allowing a wide variety of businesses to get the space they need. All spaces boast highly visible tenant signage and basement-level storage spaces. The highly accessible location is a short distance from multiple stops for the 6 train, and the 72nd Street stop on the Second Avenue subway is five minutes away. The building sits between two signalized intersections on 1st Avenue, providing exposure to more than 27,000 passing vehicles each day. The suites’ prominent signage enables businesses to capture significant daily traffic and foot traffic is stimulated by neighboring retailers, including Starbucks, Numero 28 Pizza, 2nd Ave Deli, and Rainbow Hardware. Nestled between Central Park and the East River, the Upper East Side is a famous Manhattan neighborhood known for its affluent residents, best-in-class museums, and upscale shopping. This vital neighborhood is home to many of the city’s top traffic drivers, drawing millions of potential customers to the region each year. Visitors flock to the area to visit the Metropolitan Museum of Art and the Solomon R Guggenheim Museum or shop at high-end boutiques lining 5th Avenue. The John Finley Walk and the East River sit just two blocks east of 1435 1st Avenue, providing a picturesque riverfront walkway stretching from the Queensboro Bridge to Carl Schurz Park. Central Park is the city’s most well-known gathering place and the third-most visited tourist destination on earth, with more than 37.5 million visitors annually. The Upper East Side is home to a best-in-class demographic profile of potential customers within 1 mile of 1435 1st Avenue, including a population of more than 214,000 residents with an average income of more than $170,000 annually. This high-income level resulted in more than $4.4 billion in consumer spending during 2022, including $3.7 billion in retail segments.

  • Listing ID: 29877758

  • Date on Market: 2024-01-02

  • Last Updated:

  • Address: 1435 1st Ave, New York, NY 10021

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