Two-Level Retail
980 First Avenue, New York, NY 10022
For Lease
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Positioned beneath a 220-unit residential condominium, the vacant premises are available for immediate possession.
Space Size1,360 SF - 3,808 SF
Property Size5,168 SF
Days on Market34
Property Features for 980 First Avenue
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Divisible
Floor
Space Use
Available From
Furnished
Site & Location
Neighborhood
Frontage
Spaces For Lease
at 980 First Avenue Contact usGround Floor Active
Size
3,808 SF
Lower Level Active
Size
1,360 SF
Listing Agency:
RTL Partners, LLC
Listed By:
Kenneth Hochhauser
(212) 792-2605
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 4:21PM
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 RTL Partners, LLC
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Investment Insights
Based on property information with market context.
This retail space totals 5,168 square feet, arranged as a 3,808-square-foot ground floor and a 1,360-square-foot lower level. The premises can be leased together or divided, and are offered vacant in core-and-shell condition for immediate possession. The space previously served as an apartment sales gallery and a Starbucks location.
At 980 First Avenue in Turtle Bay, the property sits between East 53rd and East 54th Streets and has 78 feet of frontage. It occupies the base of a 220-unit residential condominium.
At 980 First Avenue in Turtle Bay, the property sits between East 53rd and East 54th Streets and has 78 feet of frontage. It occupies the base of a 220-unit residential condominium.
Key Highlights
- 5,168 SF total, with a 3,808 SF ground floor and 1,360 SF lower level
- Divisible into ground‑floor and lower‑level areas
- 78 FT of frontage on First Avenue
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
31,504
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
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Market
Lease Benchmarks for New York, NY
$51.62 /SF/Yr
Avg Asking Price
$12–$105 /SF/Yr
Price Range
4,491 SF
Avg Space Size
Properties on Market for Retail space in New York
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Positioned beneath a 220-unit residential condominium, the vacant premises are available for immediate possession.
Where is this retail space located?
The property is located at 980 First Avenue New York, NY.
What are key features of this property?
This property features: 5,168 SF total, with a 3,808 SF ground floor and 1,360 SF lower level; Divisible into ground‑floor and lower‑level areas; 78 FT of frontage on First Avenue
