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368 Third Avenue Ground Floor Retail Space Rental

  • Usage: Retail
  • Type: Direct Lease
  • Floor: 1st Floor
  • Size: 2,923 SQFT
  • Price: Request Price
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    Contact us for current pricing.

    Most NYC landlord restrict us from listing the asking rental price.

    Many landlords are offering significant concessions, construction allowances, and free rent.

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  • Term: 10 to 15 Year
Positioned at the base of a newly developed luxury condominium, 368 Third Avenue presents a striking full-block retail frontage in the heart of Kips Bay, between East 26th and East 27th Streets. The property delivers a high-visibility retail opportunity with a sophisticated glass-and-gold metal façade, ideal for brands seeking an upscale presentation in a dense residential and institutional neighborhood. Foot traffic is bolstered by nearby anchor tenants and major institutions like Baruch College and Bellevue Hospital, making this a prime location for retailers targeting affluent residents, students, and healthcare professionals alike.

The space is composed of two separate levels totaling over 4,100 square feet, with 2,923 square feet on the ground floor and an additional 1,240 square feet on the lower level. While the two levels are not currently connected, architectural feasibility allows for future vertical integration. The ground floor features a dramatic ceiling height of 15 feet 7 inches, creating an airy, open-plan layout with no interior columns to obstruct potential buildouts. This open shell condition allows for maximum flexibility in layout design, particularly attractive to dry-use retailers and non-cooking food concepts. The raw interiors are framed by a full wall of tall glass storefront windows spanning 26 feet of frontage along Third Avenue, inviting in ample daylight and providing optimal branding exposure to both vehicular and pedestrian traffic.

The lower level, accessible via an internal staircase toward the rear of the property, offers 11-foot ceilings and a rectangular footprint well-suited for supplemental storage, customer bathrooms, back-of-house prep space, or secondary programming. Utilities are in place, and the structure supports significant customization. The combination of double-height volume, high-end exterior finishes, and clean, column-free architecture provides an adaptable foundation for a variety of retail visions—from boutique fitness and wellness to lifestyle goods, medical tenants, or curated specialty markets. Possession is immediate, and ownership is actively seeking high-quality tenants ready to activate this premium retail corridor.

Notes: 2,923 Sq Ft Ground Floor + 1,240 Sq Ft Basement


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368 Third Avenue, New York, NY 10016

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