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Renovated Retail Storefront with Split Units
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59 1st Ave, New York, NY 10003

Recently renovated East Village storefront with two split units and 200-amp, 3-phase electrical service.

Property Size550 SF
Days on Market47

Property Features for 59 1st Ave

General Information

Standard status Active
Size 550 SF
Property subtype RETAIL
Lease Type SF/mo
Listing Agency: Titan Group New York
Listed By: Tyler Zar
Source: Moodyscre
Added: Jun 16 Changed: Jul 30 Last Checked: Jul 31 at 9:37AM

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 Titan Group New York

Investment Insights

Based on property information with market context.

Recently renovated East Village storefront between 3rd & 4th St, currently set up with two split units. The space includes 200 amps of 3-phase electrical service, supporting a range of retail and service concepts.

The former use was “Pizza Hub,” and the space can be vented by the tenant, which may support food-related operations where venting is required.

Overall, the unit configuration and electrical capacity are suited for tenants seeking a refreshed storefront with flexibility between two split spaces.

Key Highlights

  • Recently renovated East Village storefront between 3rd & 4th St
  • Two split units in place
  • 200 amps, 3‑phase electrical service

Property Analytics

Current Use

Ai ma E-bike (Bike/Boat/Book/etc) Store Giggles convenience Grocery & Convenience Store Cho-Ko Restaurant

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Buffet Clothing & Fashion Store 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
$18.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

22,140
Businesses Nearby
Balanced
Demand for This Use

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

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 - Recently renovated East Village storefront with two split units and 200-amp, 3-phase electrical service.
Where is this storefront property located?
The property is located at 59 1st Ave New York, NY.
What is the lease rate?
The lease rate is $5,800 /Mo.
What are key features of this property?
This property features: Recently renovated East Village storefront between 3rd & 4th St; Two split units in place; 200 amps, 3‑phase electrical service
(516) 784-0478 Call to check price and availability
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