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Upper East Side Retail Opportunity
For Lease
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120 E 87th St, New York, NY

Flagship corner retail space in prime Upper East Side location.

Space Size13,215 SF
Lot Size0.82 Acres
Days on Market1101

Property Features for 120 E 87th St

General Information

Standard status Active
Size 13,215 SF
Lot size 0.82 Acres
Property subtype RETAIL

Spaces For Lease

at 120 E 87th St Contact us

1280 Lexington Ave

Floor
1
Size
13,215 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Once in a generation flagship corner opportunity - In the heart of the Upper East...
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Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Sean Moran
Source: Moodyscre
Added: Aug 21, 2023 Changed: Aug 9 Last Checked: Aug 25 at 9:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This retail space offers a once-in-a-generation flagship corner opportunity in the heart of the Upper East Side's most active shopping corridor, located at East 86th Street and Lexington Avenue. The property features expansive wraparound frontage and second-floor branding options. The space, totaling 13,215 square feet, can be vented via a precipitator. Multi-tenant division scenarios are available.

Key Highlights

  • Flagship corner location at East 86th Street and Lexington Avenue.
  • In the heart of the Upper East Side's most active shopping corridor.
  • Expansive wraparound frontage.

Property Analytics

Current Use

ideation productions Film Production Park Avenue Court ... Condominium Complex Fine Cleaners (Bike/Boat/Book/etc) Store Yadgar Rahimi Electronics & Wireless Store Courtney Daniels Consulting Advertising Agency

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Nail Salon Big Box & Wholesale Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11,123
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$50.31 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,524 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flagship corner retail space in prime Upper East Side location.
Where is this retail space located?
The property is located at 120 E 87th St New York, NY.
What are key features of this property?
This property features: Flagship corner location at East 86th Street and Lexington Avenue.; In the heart of the Upper East Side's most active shopping corridor.; Expansive wraparound frontage.
(212) 841-7668 Call to check price and availability
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