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Prime Retail/Office Space Near Carnegie
For Lease
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157 West 57th Street, New York, NY 10019

Retail or office space near Carnegie Hall and Central Park.

Space SizeContact for details
Days on Market152

Property Features for 157 West 57th Street

General Information

Standard status Active
Property subtype Shopping Center or Multi-Tenant Building
Listing Agency: The Shopping Center Group | NYC
Listed By: Ian Rice
Source: Tscg
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 5 at 5:20AM

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 The Shopping Center Group | NYC

Investment Insights

Based on property information with market context.

This commercial space is located directly across from Carnegie Hall and in close proximity to Central Park, Columbus Circle, Rockefeller Center, Midtown West, and the Fifth Avenue Plaza District. Situated at the base of the Park Hyatt Hotel and Residency, the space is open to logical divisions, and all uses are considered. Nearby neighbors include Carnegie Hall, The One Hotel, The Russian Tea Room, Nordstrom, Deutsche Bank Center, The New York Athletic Club, Sugarfish, Sweetgreen, Joe and the Juice, Cafe Serafina, and Le Meridien Hotel.

Key Highlights

  • Premier location directly across from Carnegie Hall, close to Central Park.
  • Ownership is open to logical divisions.
  • All uses considered, offering versatile usage.

Property Analytics

Current Use

Denicor Care Center Dental Office Get Steez Art ... Art Gallery Heather Jones, MD Physician Pevsner Paul H ... Physician

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Nursing Home Auto Repair Shop Pet Grooming Service

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

49,382
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$69.65 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
4,340 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 or office space near Carnegie Hall and Central Park.
Where is this retail space located?
The property is located at 157 West 57th Street New York, NY.
What are key features of this property?
This property features: Premier location directly across from Carnegie Hall, close to Central Park.; Ownership is open to logical divisions.; All uses considered, offering versatile usage.
More about this property
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