Lexington Avenue Retail Space
For Lease
Contact for pricing
159 Lexington Ave, New York, NY
Retail space with basement prep area and outdoor seating potential.
Space Size1,500 SF
Lot Size0.05 Acres
Days on Market389
Property Features for 159 Lexington Ave
General Information
Standard status
Active
Size
1,500 SF
Lot size
0.05 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Rose Hill
Spaces For Lease
at 159 Lexington Ave Contact us159 Lexington Ave AVAILABLE, Now
Floor
LL
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Prep area in Basement with dedicated outdoor staircase for loading and deliveries
- Potential for outdoor seating
- Dense residential, office and student population from nearby Baruch College, School of Visual Arts and Yeshiva Women’s College
Contact us 159 Lexington Ave AVAILABLE, Now
Floor
1
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Turnkey, fully-equipped restaurant
- Formerly Penelope, with former beer & wine license
- Prep area in basement
- Amazing wraparound
Contact us
Listing Agency:
Newmark - Corporate
(212) 372-2000
Listed By:
Andrew Stern
(212) 351-9353
Source:
Moodyscre
Added: Oct 8, 2025
Changed: Oct 26
Last Checked: Oct 30 at 5:31PM
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 Newmark - Corporate
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Investment Insights
Based on property information with market context.
This retail space features a prep area in the basement with a dedicated outdoor staircase for loading and deliveries. The property offers potential for outdoor seating. It benefits from a dense residential, office, and student population due to its proximity to Baruch College, the School of Visual Arts, and Yeshiva Women’s College. The property size is 1500 square feet.
Key Highlights
- Prep area in Basement with dedicated outdoor staircase for loading and deliveries
- Potential for outdoor seating
- Dense residential population
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
73,472
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York, NY
$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,130 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with basement prep area and outdoor seating potential.
Where is this retail space located?
The property is located at 159 Lexington Ave New York, NY.
What are key features of this property?
This property features: Prep area in Basement with dedicated outdoor staircase for loading and deliveries; Potential for outdoor seating; Dense residential population
