Street-Level Retail
For Lease
Contact for pricing
124 E 40th St, New York, NY 10016
Storefront retail space currently occupied by Getir, with possession arranged in a high foot-traffic area near Grand Central.
Space Size1,000 SF - 2,032 SF
Days on Market1104
Property Features for 124 E 40th St
General Information
Standard status
Active
Size
1,000 SF - 2,032 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Midtown Manhattan
Spaces For Lease
at 124 E 40th St Contact us124 E 40th St AVAILABLE, 30 Days
Floor
1
Size
1,800 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Currently: Getir
- Possession: Arranged
- High foot traffic area
- In close proximity to grand central station and the 4, 5, 6, 7, B, D, F, M and S trains
- Walking distance to Grand Central Station
Contact us 124 E 40th St AVAILABLE, 30 Days
Floor
Basement
Size
1,000 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Currently: Getir
- Possession: Arranged
- High foot traffic area
- In close proximity to grand central station and the 4, 5, 6, 7, B, D, F, M and S trains
- Walking distance to Grand Central Station
Contact us 124 E 40th St AVAILABLE, Now
Floor
2
Size
2,032 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- Floors: 2-Penthouse
- High foot traffic area
- In close proximity to grand central station and the 4, 5, 6, 7, B, D, F, M and S trains
- Close proximity to Grand central
- 24/7 Lobby Concierge
Contact us
Listing Agency:
Solil Management, LLC
(212) 265-1667
Listed By:
Nicholas Forelli
(212) 506-0448
Source:
Moodyscre
Added: Oct 17, 2023
Changed: Oct 5
Last Checked: Oct 23 at 9:55AM
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 Solil Management, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This street-level retail storefront is currently occupied by Getir, with possession arranged for a new tenant. The space is positioned for visibility and walk-in traffic given its placement in a high foot-traffic area.
The property is in close proximity to Grand Central Station and within walking distance of the 4, 5, 6, 7, B, D, F, M and S subway lines. The combination of nearby commuter rail access and multiple subway routes supports consistent daily pedestrian activity.
The address is 124 E 40th St, New York, NY 10016.
The property is in close proximity to Grand Central Station and within walking distance of the 4, 5, 6, 7, B, D, F, M and S subway lines. The combination of nearby commuter rail access and multiple subway routes supports consistent daily pedestrian activity.
The address is 124 E 40th St, New York, NY 10016.
Key Highlights
- Storefront retail space currently occupied by Getir
- Possession is arranged
- Located in a high foot‑traffic area near Grand Central
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
79,335
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York, NY
$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,072 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Storefront retail space currently occupied by Getir, with possession arranged in a high foot-traffic area near Grand Central.
Where is this retail space located?
The property is located at 124 E 40th St New York, NY.
What are key features of this property?
This property features: Storefront retail space currently occupied by Getir; Possession is arranged; Located in a high foot‑traffic area near Grand Central
