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Ground-Floor Retail Space
For Lease
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199 First Avenue, New York City, NY 10003

Immediate possession with supplementary basement area and a 10-year lease term.

Space Size500 SF - 1,000 SF
Days on Market94

Property Features for 199 First Avenue

General Information

Standard status Active
Size 500 SF - 1,000 SF
Net Rentable 1,500 SF
Property subtype Retail

Space & Availability

Available Space 1,500 SF
Available From Immediate

Additional Details

Lease Term 120 months

Building Details

Building Size 1,000 SF
Tenancy Multiple

Spaces For Lease

at 199 First Avenue Contact us

Basement

Size
500 SF
Type
Retail
Availability
Active
Contact us

Ground Floor

Size
1,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: IPRG Investment Property Realty Group
Listed By: Brandon Efap · License #10401330784
Source: Crexi
Added: Jun 5 Changed: Aug 31 Last Checked: Sep 1 at 8:43PM

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 IPRG Investment Property Realty Group

Investment Insights

Based on property information with market context.

Retail space at 199 First Avenue offers approximately 1,000 SF on the ground floor plus an additional 500 SF basement. The property provides 12 feet of frontage and is available for immediate possession.

The premises are offered with a 10-year lease term in New York City, providing a defined occupancy period for a retail operator.

Key Highlights

  • Approximately 1,000 SF of ground‑floor retail space
  • Additional 500 SF basement
  • 12 ft of frontage

Property Analytics

Current Use

LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Buffet Pet Grooming Service Adult Day Care

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

26,218
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Lease Benchmarks for New York City, NY

$50.78 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,214 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
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Frequently Asked Questions

What type of property is this?
Retail space - Immediate possession with supplementary basement area and a 10-year lease term.
Where is this retail space located?
The property is located at 199 First Avenue New York City, NY.
What are key features of this property?
This property features: Approximately 1,000 SF of ground‑floor retail space; Additional 500 SF basement; 12 ft of frontage
More about this property
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