1111 1st Avenue
Upper East Side
New York, NY 10065
- 1,600 - 2,300 sqft
- $9,600 - $13,800 /mo est
|Lower Level Suite||1,600 sqft||$9,600 /mo est|
|Ground Floor Suite||2,300 sqft||$13,800 /mo est|
- 0.34 mi🚇NRW59th Street-Lexington Avenue
- 0.36 mi🚇45659th Street
- 0.37 mi🚇F QLexington Avenue-63rd Street
- 0.46 mi🚇FRoosevelt Island
- Owner/Leasing ManagerWinick Realty Group
- Walk Score®100
- Year Built1910
- Noise Index0.49
1111 First Avenue, New York, NY 10065 is located on 61st Street and First Avenue. The structure was completed in 1910, tops out at 5 stories and contains over 3,900 square feet of office space for rent. 1111 1st Avenue features retail space for rent. Retail space in New York City is a booming market as the city has the highest population density and foot traffic per square mile out of any other area in the United States. As a result, retail space in Manhattan, while expensive, often pays for itself through a higher volume of sales and conversions. 1111 1st Ave has been renovated at numerous time throughout its long history. The improvements have served to improve the office space to modern standards as well as keep building lobby and infrastructure functional and up-to-date. 1111 First Avenue is located in Midtown, which is Manhattan’s premier business district. Midtown Manhattan features a huge amount of commercial real estate and is one of the most densely populated pieces of land in the world. There are a huge number of skyscrapers, hotels, restaurants, retailers, bus stops, and train stations that saturate the neighborhood with high quality tenants and both native and tourist foot traffic. The result is a great selection of office space for tenants, and huge foot traffic numbers for retailers. 1111 First Avenue is highly accessible thanks to New York City’s extensive bus and train network. The Metropolitan Transit Authority (MTA) features a huge bus network which make nearly all portions of the city accessible. In addition, the building lies in close proximity to the MTA’s blue, green, and yellow subway lines. These transportation options help make the building easily accessible.
The Upper East Side, comprising Lenox Hill, Carnegie Hill, and Yorkville, has a long history of affluence in New York City. Notable American families with homes here have included the Kennedys, Roosevelts, Rockefellers, and Carnegies.
Compared to the hustle and bustle of Manhattan neighborhoods further south, the Upper East Side moves at a slower, more relaxed pace. The large number of schools, playgrounds, and community centers make the neighborhood feel a bit more suburban. And of course, Central Park and Museum Mile are two of the most popular family destinations in all of the city.
The Upper East Side is also the scene of the newly opened Second Avenue Subway, much to the delight of residential and commercial tenants. The Q-line runs along Second Avenue from 72nd Street up to 96th Street, and has alleviated much of the pressure from the 4,5,6 lines.
Rents for commercial real estate spaces in the Upper East Side fall right at the city-wide average of $72/sqft. For this price you can join the midst of companies such as Dylan’s Candy Bar and Agata & Valentina.