Retail space for sale in the Lower East Side
The Lower East Side mixes galleries, restaurants, and a growing supply of boutique office. Rents sit below SoHo and the Village, which keeps it popular with emerging brands.
- Retail stock
- 1.2M SF
- Retail properties
- 342
- Largest retail
- 280 Henry Street
- Transit
- F J M Z at Delancey St-Essex St
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC Department of Finance filings
Income and expenses per square foot: retail buildings in Manhattan
In 2024, 1,328 Manhattan retail properties filed income statements with the city. Their median gross income was $64.71 per square foot, and the middle half collected between $38.35 and $104.91. Their median operating expense was $14.76 per square foot. The typical property's income was up 2.1% on 2023. The city publishes these figures by borough, not by neighborhood, so they cover Manhattan as a whole.
Gross income per square foot, 2024
Manhattan retail buildings
- Median gross income
- $64.71/SF
- Middle half
- $38.35 to $104.91
- Median operating expense
- $14.76/SF
- Typical change on 2023
- +2.08%
- Citywide median
- $36.07/SF
- Filings
- 1,328
Source: NYC Department of Finance, FY 2027 RPIE 2024 Income and Expense Distributions (FY 2027 assessment roll, published January 2026), page 16. Owners of income-producing properties file a Real Property Income and Expense statement each year; gross income is everything a property collected in 2024 per square foot, as filed, with outlier and partial-year filers left out. It includes vacant space, concessions and older leases, so it is not an asking rent.
NYC tax lot records
Retail buildings in the Lower East Side
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Retail space
- 1.2M SF
- Properties with retail space
- 342
- All commercial space
- 5.5M SF
- Built before 1940
- 76%
Largest retail buildings
Age, height and zoning
- Median year built: 1915.
- Median height: 5 floors.
- Most common zoning districts: R7-2 (138), R7A (110), C6-2 (107).
- 14 lots are designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.4 mi of the Lower East Side's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
MTA station data
Subway stations in the Lower East Side
Every station within about 0.5 mi of the Lower East Side's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 2
- Subway lines
- 4
- Fully accessible
- 0 of 2
- Closest
- Delancey St-Essex St, 6 min walk
The 2 stations
- Delancey St-Essex St
- East Broadway
Lines
The F, J, M and Z trains stop within about 0.5 mi of the Lower East Side's core.
Step-free access
- None of these stations is fully accessible. The closest accessible station is Canal St (6 J N Q R W Z), about 0.8 miles from the core.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of the Lower East Side's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
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Questions about retail space in the Lower East Side
Is there retail space for sale in the Lower East Side right now?
No retail space for sale in the Lower East Side is listed on Leasemark right now. Post what you want to buy and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.
How much does retail space cost in the Lower East Side?
Leasemark has no asking prices posted here yet, so here are the city's own numbers. Owners of retail buildings in Manhattan reported a median $64.71 of gross income and $14.76 of operating expense per square foot for 2024 (middle half of income: $38.35 to $104.91), according to the income and expense statements owners file with the NYC Department of Finance (FY 2027 distributions, 1,328 filings). The city publishes these figures by borough, so this is Manhattan as a whole, not the Lower East Side alone. That is what buildings actually collected, with vacant space, concessions and leases signed years ago in the mix, so it is a baseline rather than a quote: a specific space's price depends on the building's class, floor, condition and the length of the lease.
How do I find retail space in the Lower East Side that is not publicly listed?
Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.
How much retail space is there in the Lower East Side?
New York City's PLUTO tax lot data (26v2) records about 1.2 million square feet of retail floor area across 342 properties in the part of the Lower East Side Leasemark covers. The largest by that measure is 280 Henry Street, at about 25,000 square feet. That is the existing building stock, not space currently for sale.
What subway lines serve the Lower East Side?
Two subway stations sit within about 0.5 mi of the Lower East Side's commercial core, served by the F, J, M and Z trains. The closest is Delancey St-Essex St (F J M Z), roughly 6 minutes on foot; then East Broadway (F). Walking times are straight-line estimates from MTA station data.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.