Real Estate Weekly
Image default
Featured Retail

Chop’t signs UWS store lease as team targets kids, fitness concepts

By Holly Dutton

Two retail spaces on Amsterdam Avenue on the Upper West Side are up for grabs, and leasing agents are looking for the perfect fit for the family-friendly and health-conscious area.

Ross Kaplan and Stu Morden with Newmark Grubb Knight Frank Retail are the exclusive leasing agents for the two spaces at 341-345 Amsterdam Avenue, a residential building on the corner of 76th Street and Amsterdam that contains three retail storefronts. The third retail space was recently taken by salad chain Chop’t, which signed a lease for the 2,500 s/f space last week. Asking rents were $175 psf for that space, but not for the remaining two spots, according to NGKF.

341-345 Amsterdam Avenue
341-345 Amsterdam Avenue

One of the two spaces is a corner unit with 1,200 s/f and a 400 s/f basement, as well as 40 feet of wraparound street frontage. The other space is 1,450 s/f with a 300 s/f basement and 25 feet of street frontage. Kaplan said average retail rents in the area range from $150 to $225 psf.

“This is sort of a prime Upper West Side location, a lot of families around, PS 87 is around there corner, there’s the JCC,” said Kaplan. “It’s a neighborhood spot, so we’re targeting children’s clothing (retailers) or maybe not a Lululemon, but something like that.”

Related’s luxury condo building The Harrison is across the street from the retail spaces, as well as Pure Yoga, high-profile gym chain Equinox, Soul Cycle and Giggle, a children’s clothing store. The spaces are four blocks from the 72nd Street subway station, and there are five schools within a three-block radius.

“It’s has gotten a lot of interest,” said Kaplan of the spaces. “It’s out there that Chop’t has signed there, so that’s given us attention to the space.”

(Visited 1 times, 1 visits today)

Related posts

Italian chocolate masters lease NYC basecamp for US retail expansion

REW

Chicago brokerage expands into NYC with big-name hire

REW

Douglaston completes build-out for urgent care center at Crossroads Plaza

REW