Gramercy Park Retail

Boundaries for Gramercy Park

Lease retail Gramercy Park, which is located in Midtown Manhattan and is bound by 1st Avenue to Broadway from 14th Street to 30th Street.

Retail Trends in Gramercy Park

For those looking to rent retail Gramercy Park or lease retail Gramercy Park the market trends for Gramercy Park are as follows. Gramercy Park providers retailers a high volume of potential consumers due to its positioning. With close proximity to Park Avenue South, Third Avenue and Broadway, the volume of foot traffic is almost always high. The surrounding consortium of commercial and residential developments further extends the sales cycle retailers can operate on. Currently in the Gramercy Park neighborhood, retailers serve the residents of Gramercy Park, and the people who work in the area.

Retail Spaces Available

Affordable retail space in Gramercy Park include the following locations and prices. Fifth Avenue & East 29th Street, with 700 square feet of retail space, asking for $10,208 per month. East 23rd Street & Third Avenue, with 1,000 square feet of retail space, asking $8,750 per month. Additional Gramercy Park Retail Space for lease includes the following, East 17th Street & Broadway with 2,000 square feet of retail space, asking for $45,000 per month.

History of Gramercy Park

Gramercy Park is known for its historic district, which almost exclusively contains residential real estate. Due to the consortium of residential and commercial real estate present, retailers have many potential consumers to target. The wide variety of potential consumers gives way to a wide variety of different retailers which cater to the high volume of foot traffic. Retail tenants are attracted to Gramercy Park retail space for rent due to this high volume of foot traffic, and attractive sales cycle.