Gramercy Park Retail For Lease

Gramercy Park Retail Spaces For Rent

Address	$ / SF	SF	Monthly Rent
Broadway & East 22nd Street	$ 264	500	$ 11,000
Third Ave & 2nd Avenue	$ 107	600	$ 5,200
E 14th Street & East 13th Street	$ 98	800	$ 6,400
Third Ave & East 27th Street	$ 106	1,100	$ 9,600
Lexington Ave & Lexington Avenue	$ 145	1,200	$ 14,400
Third Ave & East 12th Street	$ 70	1,500	$ 8,600
E 17th Street & Broadway	$ 252	2,000	$ 42,000
Fifth Ave & East 20th Street	$ 90	2,200	$ 16,400
Fifth Ave & East 20th Street	$ 90	2,200	$ 16,400
Fifth Ave & East 20th Street	$ 351	2,300	$ 67,200
E 23rd Street & Park Avenue	$ 139	2,500	$ 28,800
E 21st Street & East 20th Street	$ 103	4,500	$ 38,600

Address	$ / SF	SF	Monthly Rent
Third Ave & East 24th Street	$ 185	1,100	$ 16,800
Park Ave S & East 22nd Street	$ 141	1,500	$ 17,600
E 27th Street & East 26th Street	$ 75	1,800	$ 11,200
Park Ave S & East 22nd Street	$ 141	3,300	$ 38,600

	Luxury - Top Buildings
	Medium – Good Buildings
	Economy Loft buildings

10-20 People	$/Person
Luxury- Top Building	$1,700
Medium – Good Buildings	$1,300
Economy Loft buildings	$ 700

Luxury - Top Buildings

21-50 People	$/Person
Luxury- Top Building	$1,600
Medium – Good Buildings	$1,150
Economy Loft buildings	$ 650

Medium – Good Buildings

51-100 People	$/Person
Luxury- Top Building	$ 1,500
Medium – Good Buildings	$ 950
Economy Loft buildings	$ 600

Economy Loft buildings

retail Tenants Rented / Leased Gramercy Park

Walgreens leased 8,458 SF at 304 Park Avenue South
New Cingular Wireless leased 1,579 SF at 237 First Avenue
Straussie's leased 4,954 SF at 41 Madison Avenue
Crystal Design leased 2,400 SF at 123 Fifth Avenue
Goddard School leased 2,200 SF at 755 Second Avenue
CVS leased 7,550 SF at 387 Park Avenue South
Jeff Lagowitz, Savills Studley leased 11,000 SF at 387 Park Avenue South

Gramercy Park

Neighborhood Summary

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.

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