Listing Agency: CBRE | Midtown Manhattan m***@cbre.com Show Phone

Listed By: Michael Kadosh Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 1 at 3:36AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Located on West 42nd Street between Eighth and Ninth Avenues, this retail space is situated at the base of a new 32-story luxury residential building containing 330 units. The ground floor offers 19,186 square feet with ceiling heights ranging from 20 to 23 feet. The lower level provides an additional 22,823 square feet with a 23-foot ceiling height, bringing the total space to 42,009 square feet.

Key Highlights

• Total of 42,009 SF of space across two floors.
• Located at the base of a new 330‑unit luxury residential building.
• Ground floor space of 19,186 SF with 20' - 23' ceiling height.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr

Avg Asking Price

$12–$250 /SF/Yr

Price Range

2,906 SF

Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Large retail space at the base of luxury residential building.

Where is this retail space located?

The property is located at 311 W 42nd Street New York, NY.

What are key features of this property?

This property features: Total of 42,009 SF of space across two floors.; Located at the base of a new 330‑unit luxury residential building.; Ground floor space of 19,186 SF with **20' - 23' ceiling height.**