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Prime Retail Space Available
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485 Seventh Avenue, New York, NY

Retail spaces available in high-traffic New York City location.

Space SizeContact for details
Days on Market273

Property Features for 485 Seventh Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Midtown Manhattan
Listed By: Gary Trock
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 15 Last Checked: Aug 22 at 8:06AM

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.

Two retail spaces are available, offering 1,408 square feet in Space A and 420 square feet in Space B. The spaces can be combined. Space A has 15 feet of frontage, as does Space B. The lease term is long term. The property is located in one of the heaviest pedestrian foot traffic areas in New York City, with peak counts of nearly 4,000 people per hour. It is situated at the base of Lightstone/Marriott's new 612-key Moxy flagship hotel, which features a new restaurant concept and rooftop lounge. The location is surrounded by 233 million commuters per annum and 28 million square feet of corporate offices. Nearby neighbors include Prova Pizza, Café D'Avignon, Blind Barber, Starbucks, Chase, Cosi, Chipotle, Potbelly, Zaro's, Bank of America, Baked by Melissa, Gregory's, Shake Shack, Fresh&Co, Urban Outfitters, and Macy's. The property is also steps from Penn Station, Times Square, Herald Square, Port Authority, Bryant Park, and Madison Square Garden. There is potential for storage and/or venting.

Key Highlights

  • Steps from Penn Station, Times Square, Herald Square, Port Authority, Bryant Park, and Madison Square Garden.
  • Located in one of the heaviest pedestrian foot traffic areas in New York City with peak counts of nearly 4,000 people per hour.
  • Surrounded by 233 million commuters per annum and 28 million sq. ft. of corporate offices.

Property Analytics

Current Use

Blind Barber Barber Shop Bar Moxy Bar & Pub C & C Textile ... Grocery & Convenience Store Minskoff theatre Theater & Performing Art Venue Gifts & Electronics Clothing Store

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Butcher Locksmith Parking Lot & Garage

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

81,836
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$65.31 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,708 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available in high-traffic New York City location.
Where is this retail space located?
The property is located at 485 Seventh Avenue New York, NY.
What are key features of this property?
This property features: Steps from Penn Station, Times Square, Herald Square, Port Authority, Bryant Park, and Madison Square Garden.; Located in one of the heaviest pedestrian foot traffic areas in New York City with peak counts of nearly 4,000 people per hour.; Surrounded by 233 million commuters per annum and 28 million sq. ft. of corporate offices.
More about this property
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