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Space Available For Lease 1
886 1st Avenue |
Located at the corner, 886 1st Avenue, is a 2-level restaurant and QSR space offers an exceptional opportunity for a food operator. Boasting an active gas line, venting, and a walk-in freezer box in the basement, this space is ready for a seamless transition for a new business. Formerly a pizzeria and most recently a juice bar and deli, the premises are ideally set up for a food operator looking to commence their business with minimal additional work required. This prime location presents a turnkey solution for a food business to establish a strong presence in a bustling area, making it an outstanding opportunity for the discerning restaurateur. ![]()
Cynthia G. Peacock
Real Broker |
Contacts

Real Broker
Property Details
- Property Type Retail - Street Retail
- Property Size 14,937 SF
- Units 30
- Lot Size 0.04 Acre
- Date Updated Mar 3, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Prime location in New York City
- Modern and stylish architecture
- High visibility and foot traffic
- Excellent natural light throughout
- Customizable spaces for various businesses
Getting around
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Location
- City New York, NY
- Neighborhood Turtle Bay
- Zip Code 10022
- Market Manhattan
Points of Interest
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East 53rd Street & 3rd Avenue at Southeast Corner
0.30 miles
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East 53rd Street & 3rd Avenue at Northeast Corner
0.31 miles
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East 53rd Street & 3rd Avenue at Southwest Corner
0.33 miles
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East 53rd Street & 3rd Avenue at Northwest Corner
0.33 miles
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East 51st Street & Lexington Avenue at Southeast Corner
0.38 miles
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Lexington Avenue–53rd Street
0.39 miles
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51st Street
0.39 miles
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East 53rd Street & Lexington Avenue at Southeast Corner
0.40 miles
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East 53rd Street & Lexington Avenue at Northeast Corner
0.40 miles
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East 51st Street & Lexington Avenue at Southwest Corner
0.40 miles
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ChargePoint
0.16 miles
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Tesla Supercharger
0.31 miles
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Bus Charging Station
0.46 miles
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Citgo
1.03 miles
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BP
1.11 miles
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Sunoco
1.11 miles
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Atlantic
1.37 miles
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Shell
1.40 miles
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Mobil
1.40 miles
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Gulf
1.57 miles
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20th Century Garage
0.17 miles
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Central Parking
0.35 miles
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Quik Park Garage
0.39 miles
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intlFcstone 10022 LOCi Multi
0.43 miles
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icon 24hr Parking
0.51 miles
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Icon Parking
0.60 miles
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Alpha Garage
0.65 miles
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Quik Park
0.69 miles
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NYU Langone Parking Lot D
0.82 miles
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Hippodrome Parking
0.87 miles
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Copinette
0.03 miles
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NY Grill & Deli
0.03 miles
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Le Périgord
0.10 miles
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Elite Food Bar
0.13 miles
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La Pecora Bianca
0.14 miles
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The Smith
0.15 miles
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Nishida Sho-ten
0.15 miles
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Mee's Noodle
0.15 miles
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Madison Restaurant
0.15 miles
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La Vera Pizza
0.16 miles
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Morton Williams
0.17 miles
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Amish Market East
0.33 miles
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Amazon Go
0.37 miles
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Whole Foods Market
0.38 miles
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TJ Maxx
0.46 miles
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Trader Joe's
0.46 miles
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Katagiri Japanese Grocery
0.49 miles
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Gristedes
0.52 miles
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Saks Off 5th
0.55 miles
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Bloomingdale's
0.58 miles
401 E 50th Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
401 E 50th Street is located in Turtle Bay, which is home to a total of 75 listing(s). Retail space at 401 E 50th Street asks $75.00/SF/YR per square foot.
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The property includes 1,700 square feet of retail space for lease. Of this total, 1,700 square feet are Street Retail.
Lease agreement conditions for the availability at this property include Modified Gross.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Turtle Bay is 44. The average household income here is $151,778 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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