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Lower-Level Retail Space in White-Box Condition
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For Lease
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1998 3rd Ave, New York, NY 10029

White-box lower-level retail space near Dimes Square, suited for dry uses.

Property Size1,000 SF
Days on Market7

Property Features for 1998 3rd Ave

General Information

Standard status Active
Size 1,000 SF
Property subtype RETAIL
Lease Type SF/mo
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 24 Changed: Jul 30 Last Checked: Jul 30 at 2:28PM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

Available for rent: a charming lower-level retail space offered in white-box condition. The space is approximately 1,000 square feet and is well-suited for a variety of dry uses.

Located at 1998 3rd Ave in New York, the unit is steps from Dimes Square, positioning it for tenants seeking a storefront-style footprint without a fully built-out layout. The space has been marketed as a fit for uses such as salons, tattoo parlors, art galleries, and other dry concepts.

With its white-box condition, the space can support tenant-specific build-outs while starting from a basic, customizable interior.

Key Highlights

  • Approximately 1,000 square feet lower‑level retail space
  • Offered in white‑box condition for tenant build‑out
  • Steps from Dimes Square

Property Analytics

Current Use

Mr G Sneakers Clothing & Fashion Store

Suggested Use

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

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
$6.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,076
Businesses Nearby

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

This space is priced 52% below the average of $89.62 /SF/Yr.

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 - White-box lower-level retail space near Dimes Square, suited for dry uses.
Where is this retail space located?
The property is located at 1998 3rd Ave New York, NY.
What is the lease rate?
The lease rate is $3,600 /Mo.
What are key features of this property?
This property features: Approximately 1,000 square feet lower‑level retail space; Offered in white‑box condition for tenant build‑out; Steps from Dimes Square
(212) 468-5984 Call to check price and availability
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