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Retail Units in Midtown Manhattan
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319 W 47th St, New York, NY

Two retail units available for rent in Midtown Manhattan.

Space Size550 SF
Lot Size0.06 Acres
Days on Market854

Property Features for 319 W 47th St

General Information

Standard status Active
Size 550 SF
Lot size 0.06 Acres
Property subtype RETAIL

Spaces For Lease

at 319 W 47th St Contact us

319 W 47th St $115/SF/Yr

Floor
1
Size
550 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Two 550 +/- SF units offered @ $115 PSF - Dry uses only - Tenant is responsible...
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Listing Agency: Triforce Commercial Real Estate
Listed By: Jason Horowitz · License ##10491207540
Source: Moodyscre
Added: May 16, 2024 Changed: Sep 13 Last Checked: Sep 15 at 11:40AM

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 Triforce Commercial Real Estate

Investment Insights

Based on property information with market context.

Two units, each approximately 550 square feet, are available for rent. The rental rate is $115 per square foot. These units are suitable for dry uses only. Each unit includes 300 square feet of basement space. The tenant is responsible for electric, garbage, and 7.5% of the taxes. The location offers access to multiple rail and bus lines.

Key Highlights

  • Two units available for purchase.
  • Priced at $115 per square foot.
  • Each unit includes 300 SF of basement space.

Property Analytics

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Current Use

FRAMEWORK ART INSTALLATION ... Interior Design HK BEST BARBERS ... Barber Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Buffet Clothing & Fashion Store Butcher

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
$17.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

55,267
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$48.25 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
4,994 SF
Avg Space Size

This space is priced 138% above the average of $48.25 /SF/Yr.

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 - Two retail units available for rent in Midtown Manhattan.
Where is this retail space located?
The property is located at 319 W 47th St New York, NY.
What is the lease rate?
The lease rate is $115 SF/Yr.
What are key features of this property?
This property features: Two units available for purchase.; Priced at $115 per square foot.; Each unit includes 300 SF of basement space.
(845) 323-9177 Call to check price and availability
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