22 New York Retail Spaces for Lease
22 retail listings for lease in New York. Average asking rent $41.71/SF/yr, 294,600 SF available.
About the New York retail market
22 retail properties are tracked in New York, representing 2,047,100 SF of rentable building area, of which 294,600 SF is currently marketed as available.
Asking rents average $41.71 per square foot per year, the median marketed suite is 21,800 SF, and listings have been on market a median of 426 days.
The stock splits 8 Class A, 8 Class B, 6 Class C, with construction dates from 1914 to 2021 (median 1977).
The most concentrated submarkets are Upper East Side (4), Penn Plaza / Garment (4), Columbus Circle (3), Flatiron / Union Square (2), Tribeca / SoHo (2).
Retail by city in New York
Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.
Frequently asked questions
What is the average asking rent for retail space in New York, NY?
Across the 22 retail listings published in New York, NY, asking rents average $41.71 per square foot per year, quoted on a NNN basis.
How much retail space is available in New York, NY?
294,600 SF is currently marketed across 12 buildings, out of 2,047,100 SF of total inventory.
What is the retail vacancy rate in the New York City market?
The New York City retail market is running 14.4% vacancy with year-over-year asking rent growth of 1.2%.
Which submarkets have the most retail space in New York, NY?
Penn Plaza / Garment (4 properties), Upper East Side (4 properties), Columbus Circle (3 properties), Plaza District (2 properties), Tribeca / SoHo (2 properties).
What are the most active ZIP codes for retail property in New York, NY?
10001 (5), 10065 (4), 10019 (3), 10022 (2), 10013 (2), 10010 (2).
What cap rates are retail assets trading at in New York, NY?
Listed retail assets in New York, NY show an average asking cap rate of 7.15%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in New York, NY?
Meridian Realty Partners (2 listings), Bluebonnet Realty Advisors (2 listings), Summit Advisory Group (1 listing), Capitol Commercial (1 listing), Granite Peak Realty (1 listing). See the full New York, NY broker directory.
How do I list a retail property in New York, NY?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.