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HIGHLIGHTS
- Dramatic Flagship standalone building being delivered with a new storefront and in vanilla box condition.
- All uses accepted.
- Busy uptown block with strong co-tenancy from national retailers.
- Prominent corner retail space across from the 1 subway station.
- Multiple divisions considered.
- Long-term lease opportunity in a dense urban market.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste A | 1,500 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | |
| 1st Floor, Ste B | 600 SF | 14’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste C | 1,850 SF | 14’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste D | 800 SF | 14’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste A
Space A is a former Pizza Hut with gas and type 1 venting in place and all new systems under 2 years old.Spaces can be leased individually or combined. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 4,750 SF of adjacent space
1st Floor, Ste B
Spaces B, C, and D are in a standalone building delivered with a new storefront and in vanilla box condition. Spaces can be leased individually or combined. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers. Dramatic Flagship standalone building being delivered with a new storefront and in vanilla box condition. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers.
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,750 SF of adjacent space
- Central Air Conditioning
- Finished Ceilings: 14’6”
- Basement
1st Floor, Ste C
Spaces B, C, and D are in a standalone building delivered with a new storefront and in vanilla box condition. Spaces can be leased individually or combined. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers. Dramatic Flagship standalone building being delivered with a new storefront and in vanilla box condition. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers.
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,750 SF of adjacent space
- Central Air Conditioning
- Finished Ceilings: 14’6”
- Basement
1st Floor, Ste D
Spaces B, C, and D are in a standalone building delivered with a new storefront and in vanilla box condition. Spaces can be leased individually or combined. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers. Dramatic Flagship standalone building being delivered with a new storefront and in vanilla box condition. Prominent retail space across from the 1 subway station. All uses accepted. Busy uptown block with strong co-tenancy from national retailers.
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,750 SF of adjacent space
- Central Air Conditioning
- Finished Ceilings: 14’6”
- 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.
PROPERTY FACTS
| Total Space Available | 4,750 SF | Gross Leasable Area | 4,750 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront |
| Total Space Available | 4,750 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,750 SF |
| Year Built | 1960 |
ABOUT THE PROPERTY
Positioned on a vibrant uptown block in Washington Heights, 1588 St. Nicholas Avenue offers a rare opportunity to lease dramatic retail space in a standalone flagship building. With immediate possession available, the property is delivered in vanilla box condition and features a newly installed storefront, ideal for tenants seeking high visibility and modern presentation. The site spans approximately 6,500 square feet across three distinct spaces, each with its own street frontage: Space A (12'4"), Space B (38'3"), and Space C (16'5"). Ceiling heights reach 14'6" on the ground floor, enhancing the sense of openness and flexibility for a wide range of retail concepts. Located directly across from a subway station, the property benefits from exceptional pedestrian traffic and transit access. Surrounded by a strong co-tenancy of national brands including Dunkin’, Rite Aid, Popeye’s, Metro by T-Mobile, and Fine Fare Supermarket, the location is primed for success. The block is a retail corridor with dense foot traffic and a diverse consumer base, making it ideal for food service, convenience, wellness, or specialty retail. All uses are accepted, and the property’s prominent placement and flexible layout make it a compelling choice for tenants seeking a high-impact presence in Upper Manhattan.
- Bus Line
- Corner Lot
- Metro/Subway
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
1588 1/2-1596 Saint Nicholas Ave
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