Newmark Grubb Knight Frank Retail has been named exclusive leasing agent for the retail space at 1480 Second Avenue, located at the northeast corner of 77th Street. Situated at the base of the Isis, a brand-new, ultra high-end 32-residence condominium, the space offers 1,750 square feet on the ground floor with over 100 feet of wraparound glass frontage.
“The site, which is unaffected by the construction of the Second Avenue subway line, will reap all the benefits of the increased exposure and accessibility the subway will bring when complete,” says Ross Kaplan, senior managing director. Kaplan and Kate Cohen, associate director, are marketing the space on behalf of the landlord.
Located in the heart of the affluent residential Upper East Side neighborhood, 1480 Second Avenue is ideal for retailers that will serve as an amenity to the building and neighborhood, such as a children’s wear, boutique apparel, salon/spa or flower shop. Neighbors include Equinox, Pottery Barn Teen, Ricky’s, New York Sports Club and Lester’s, to name a few.
About Newmark Grubb Knight Frank
A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC’s financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world’s leading financial institutions.
Newmark Grubb Knight Frank and its London-based partner Knight Frank together operate from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.