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Storefront Retail Space with Basement
For Lease
$17,000/Mo

1557 2nd Ave 1FL+Basement, New York, NY 10028

Ground-floor retail space with basement area for varied commercial configurations, subject to verification of permitted uses and zoning.

Space SizeContact for details
Property Size4,444 SF
Days on Market8

Property Features for 1557 2nd Ave 1FL+Basement

General Information

Standard status Active
Size 4,444 SF
Property subtype Commercial
Lease Term 12 months

Taxes and HOA fees

Annual Taxes $122,046

Building Details

Building Size 4,444 SF
Year Built 1920
Listing Agency: E REALTY INTERNATIONAL CORP.
Listed By: Hsin Yuan Yang · License #10311205376
Source: Elliman
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 22 at 9:30AM

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 E REALTY INTERNATIONAL CORP.

Investment Insights

Based on property information with market context.

This storefront property at 1557 2nd Ave includes a ground-floor retail store and basement, creating a two-level commercial layout. The space is presented for potential retail, service, showroom, office, or other permitted commercial uses, with zoning and allowable uses to be independently verified. The building dates to 1920.

The property is in Manhattan, New York, with a Walk Score of 99, Transit Score of 100, and Bike Score of 84. Its address places the space within an urban setting offering access to transportation, shopping, dining, and nearby neighborhood amenities.

Key Highlights

  • Ground‑floor retail store with basement space
  • Potential retail, service, showroom, or office use, subject to permitted‑use verification
  • Walk Score: 99

Property Analytics

Current Use

Yuka Restaurant

Suggested Use

Top Pick Law Firm Auto Repair Shop Kitchen & Bath Showroom Accounting Firm Barber Shop Daycare Center

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

19,470
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Dining 34%
7-Eleven Shops & Services
6,122 visits/mo 0.3 miles
Bareburger Dining
4,753 visits/mo 0.3 miles
7-Eleven Shops & Services
3,182 visits/mo 0.3 miles

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value

Market

Lease Benchmarks for New York, NY

$40.31 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
2,751 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?
Storefront property - Ground-floor retail space with basement area for varied commercial configurations, subject to verification of permitted uses and zoning.
Where is this storefront property located?
The property is located at 1557 2nd Ave 1FL+Basement New York, NY.
What is the lease rate?
The lease rate is $17,000/Mo.
What are key features of this property?
This property features: Ground‑floor retail store with basement space; Potential retail, service, showroom, or office use, subject to permitted‑use verification; Walk Score: 99
More about this property
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