Shoppers look at merchandise at a Ikea store in Paramus, New Jersey.

Furniture retailer Ikea will shrink its typically massive store to open its first location in Manhattan with a new "city center" format in 2019, the company said Monday.

Next spring, Ikea will open its first smaller-format shop in the U.S. at 999 Third Avenue in New York, where it will sit alongside Bloomingdale's, Home Depot and CB2. The company previously announced it planned to open 30 of these "city center" locations over the next three years.

Ikea has a store in nearby Brooklyn, but this will be the first location on the island.