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Retail Space at Luxury Apartment Base
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1955 1st Ave, New York, NY 10029

Ground-level retail space positioned at the base of an eight-story, 236-unit luxury rental building.

Property Size1,412 SF
Days on Market416

Property Features for 1955 1st Ave

General Information

Standard status Active
Size 1,412 SF
Property subtype RETAIL

Additional Details

Business Included No

Building Details

Stories 8
Tenancy Multi
Listing Agency: Newmark - Corporate
Listed By: Ravi Idnani
Source: Moodyscre
Added: Jun 12, 2025 Changed: Jul 28 Last Checked: Jul 31 at 1:44PM

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

Investment Insights

Based on property information with market context.

This retail space is located at the base of an eight-story, 236-unit luxury rental building, offering a street-level commercial presence designed for everyday storefront visibility.

The space is situated on the west block between East 100th and 101st Streets, placing it within a dense residential setting where foot traffic is naturally supported by the building’s size and tenant population.

With a listed size of 1,412 square feet, the layout is sized for a range of retail uses that benefit from direct building frontage and a consistent neighborhood customer base.

Key Highlights

  • Ground‑level retail space at the base of an eight‑story, 236‑unit luxury rental building
  • Located on the west block between East 100th and 101st Streets

Property Analytics

Current Use

The Aspen Apartment Complex Hitech Ac Repair ... HVAC Service FOXinGREEN Moving Company Gotham Property Advisors Real Estate Agency Linda R. Bethel, ... Foster Care Service

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Big Box & Wholesale Store Dental Office Auto Repair 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

12,024
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Domino's Pizza Dining
3,324 visits/mo 0.3 miles
Public Storage Shops & Services
2,808 visits/mo 0.5 miles

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 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 - Ground-level retail space positioned at the base of an eight-story, 236-unit luxury rental building.
Where is this retail space located?
The property is located at 1955 1st Ave New York, NY.
What are key features of this property?
This property features: Ground‑level retail space at the base of an eight‑story, 236‑unit luxury rental building; Located on the west block between East 100th and 101st Streets
(212) 916-3388 Call to check price and availability
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