Flagship Upper East Side Cannabis Dispensary – Prime 96th Street Subway Hub

$5M Starting Price

An exceptional opportunity to acquire a distinguished and well-recognized cannabis dispensary in the heart of Manhattan’s highly desirable Upper East Side, just steps from the 96th Street express subway hub (4/5/6 lines)—one of the busiest transit nodes on the East Side. This location benefits from constant, high-income foot traffic driven by dense residential towers, medical offices, retail corridors, and daily commuter flow.

The surrounding area is anchored by Weill Cornell Medical Center, Mount Sinai Hospital, Hunter College, multiple private schools, and major employers, drawing a steady mix of professionals, students, residents, and visitors. The Upper East Side boasts some of the highest median household incomes in New York City, with a mature, consumption-friendly demographic and limited cannabis retail competition.

Operated by two highly experienced brothers, this dispensary is a proven cash-flowing asset, generating an average of $350K per month and $4.1M in revenue last year. The space includes 3,000 SF of prime ground-floor retail with an additional 700 SF basement, ideal for storage, vault, or back-of-house operations. Rent is securely locked in at $20,000/month with 8 years remaining plus two 5-year extension options, providing long-term stability in a market where comparable retail leases are increasingly scarce.

The owners are strategically consolidating operations in the Midwest and are offering one of their flagship locations for sale. A full transition and training period is available, ensuring continuity, institutional knowledge transfer, and a seamless handover.

This is a rare chance to acquire a turn-key, top-performing Manhattan dispensary in one of the city’s most affluent and transit-heavy neighborhoods.

SIMON DANG
718-635 2949
SIMON@FORZABUSINESSCONSULTING.COM