Previously the home of apparel retailer Searle, the entire ground floor of co-op building 1051 Third Avenue has become available in recent years, with parcels divided among new tenants Alice NYC, a Searle offshoot, and Intimacy, a lingerie store. Now, a 4,200-square-foot parcel at the address is being marketed by Winick to retailers looking for a piece of Third Avenue’s surge in popularity. Split between a 3,000-square-foot ground-floor space and a 1,200-square-foot lower level, the early interest has come from accessories companies.
The possibilities do not end there, however, because the landlord is considering pop-up and short-term deals through the holidays. Melinda Miller of Winick spoke to The Commercial Observer last week about the space, which carries an asking rent of $225 per square foot.