Plaza district Retail For Lease

Plaza district Retail Spaces For Rent

Address	$ / SF	SF	Monthly Rent
E 59th Street & Third Avenue	$ 113	700	$ 6,400
Madison Ave & East 63rd Street	$ Negotiable	Negotiable	$ Negotiable
Second Ave & East 57th Street	$ 60	900	$ 4,400
E 57th Street & Park Avenue	$ Negotiable	Negotiable	$ Negotiable
E 59th Street & Third Avenue	$ 113	1,000	$ 9,400
Lexington Ave & East 61st Street	$ Negotiable	Negotiable	$ Negotiable
Lexington Ave & East 58th Street	$ Negotiable	Negotiable	$ Negotiable
First Ave & East 63rd Street	$ 46	1,100	$ 4,200
Madison Ave & East 63rd Street	$ Negotiable	Negotiable	$ Negotiable
E 59th Street & Ed Koch Queensboro Bridge Path	$ 55	1,300	$ 5,800
Fifth Ave & East 54th Street	$ Negotiable	Negotiable	$ Negotiable
E 60th Street & Lexington Avenue	$ Negotiable	Negotiable	$ Negotiable
E 49th Street & East 49th Street	$ 40	2,200	$ 7,200
E 49th Street & Madison Avenue	$ Negotiable	Negotiable	$ Negotiable
Fifth Ave & East 49th Street	$ 652	2,300	$ 124,800
Fifth Ave & East 49th Street	$ 55	2,500	$ 11,400

Address	$ / SF	SF	Monthly Rent
First Ave & East 62nd Street	$ 75	1,000	$ 6,200
Lexington Ave & East 58th Street	$ Negotiable	Negotiable	$ Negotiable
Lexington Ave & East 58th Street	$ Negotiable	Negotiable	$ Negotiable
None	$ Negotiable	Negotiable	$ Negotiable

Address	$ / SF	SF	Monthly Rent

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 Plaza District

The Lego Group leased 10,000 SF at 45 Rockefeller Plaza
Starbucks leased 750 SF at 725 Fifth Avenue
Wells Fargo leased 4,700 SF at 535 Madison Avenue
Beauvais Carpets leased 18,342 SF at 36 East 57th Street
Taco Bell leased 6,615 SF at 707 Lexington Avenue
Richemont leased 5,100 SF at 30 East 57th Street
Jacques Torres leased 600 SF at 30 Rockefeller Plaza

Plaza District

Neighborhood Summary

Boundaries for the Plaza District

Lease retail Plaza District, which is located in Midtown Manhattan and is bound by 6th Avenue to 3rd Avenue from 48th Street to 64th Street.

Retail Trends in the Plaza District

For those looking to rent retail Plaza District or lease retail Plaza District the market trends for Plaza District are as follows. The Plaza District has long been synonymous with trophy office space, as well as trophy residential space. The same goes for retail in the Plaza District. The Plaza District hosts a number of New York City’s premier retail outlets. The surrounding residential brings foot traffic from the high end retail outlets that populate the Plaza District. The surrounding Commercial Buildings provide additional foot traffic for the other retailers which populate the Plaza District. Tourists are another source of significant foot-traffic with the Plaza District attracting a large number of visitors. With such a wide variety of possible consumers, the Plaza District has an extended sales cycle.

Retail Spaces Available

Affordable retail space in Plaza District include the following locations and prices. Lexington Avenue & East 61st Street with 1,000 square feet is asking for $9,750 per month. Madison Avenue & East 63rd Street with 1,000 square feet, asking for $9,416 per month. Additional Plaza District Retail Space for lease includes the following, Madison Avenue & East 57th Street with 2,000 square feet asking for $250,000 per month.

History of the Plaza District

The Plaza District, synonymous with the plaza located on the south eastern tip of Central Park, has for decades stood as New York City’s premier trophy real estate location. In terms of retail, the Plaza District hosts some of New York City’s most high end retailers. The high number of foot traffic from the aforementioned factors, those including the commercial buildings, residential buildings, and the tourists continues to cement the Plaza District as one of New York City’s best areas for retail. Tenants are attracted to Plaza District retail space for rent, due to the high volume of potential consumers, and the extended sales cycle present in the Plaza District.

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