914-473-3986
174 1st Ave, New York, NY for Rent

$119.00 USD /SF/yr

Retail - For Rent
1/5
1,700 SF | 1 Space

Jan '26


174 1st Ave
New York, NY 10009
East Village


HIGHLIGHTS

  • Prime East Village location surrounded by renowned restaurants.
  • Fully vented kitchen with gas for versatile culinary operations.
  • Steps from the L train at 1st Avenue Station; quick connections to Union Square for 4/5/6, N/Q/R/W lines.
  • Served by M15 and M14A/D buses, providing convenient north-south and crosstown travel.
  • Approximately 25 minutes to LaGuardia Airport and 40 minutes to JFK via car or public transit.

OVERVIEW

Positioned in the heart of a vibrant East Village corridor, 174 First Avenue offers a rare opportunity to acquire a fully built-out restaurant space with exceptional visibility and strong neighborhood synergy. This property features approximately 1,700 square feet of thoughtfully designed interiors complemented by a storage and prep basement, ensuring operational efficiency for any culinary concept. The installation is just one year old, presenting a turnkey solution for investors or operators seeking minimal upfront renovation costs. The space boasts 15 feet of prime frontage and seating for up to 70 guests, creating an inviting atmosphere for high-volume dining. Fully vented with gas, the property supports diverse menu offerings and advanced kitchen capabilities. Surrounding the site is a dynamic mix of iconic eateries and trendy establishments, including Momofuku Noodle Bar, Veniero’s, and Sauce Pizzeria, reinforcing the area’s reputation as a culinary destination. With a long-term lease in place until April 2039, this asset combines stability with growth potential in one of Manhattan’s most sought-after neighborhoods.

RENTAL DETAILS

SPACE AVAILABLE

1,700 SF

# OF SPACES

1

RENT/MONTH

$16,858 USD /mo

RENT RATE (MO)

$9.92 USD /SF/mo

RENT RATE (YR)

$119.00 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

-

AVAILABLE

Jan 01, 2026

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

4,100 SF

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R7A

ASK ABOUT THIS PROPERTY

Alan NapackAJN Realty AdvisorsMore Info
914-473-3986

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Alan NapackAJN Realty AdvisorsMore Info
914-473-3986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.