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Retail Space Near Union Square
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126 University Pl, New York, NY 10003

Retail space offered for rent near Union Square Park with easy access to multiple subway lines.

Property Size1,193 SF
Days on Market170

Property Features for 126 University Pl

General Information

Standard status Active
Size 1,193 SF
Property subtype RETAIL
Listing Agency: Colliers | New York City
Listed By: Jake Horowitz
Source: Moodyscre
Added: Feb 12 Changed: Jul 30 Last Checked: Jul 31 at 11:56AM

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 Colliers | New York City

Investment Insights

Based on property information with market context.

Retail space available for rent in the Union Square area, just steps from Union Square Park. The space is 1,193 SF.

Access is a key advantage, with easy proximity to Union Square Station serving R, N, Q, W, L, 4, 5, and 6.

This is a compact footprint well suited for a variety of retail concepts that benefit from heavy pedestrian activity around Union Square.

Key Highlights

  • 1,193 SF retail space
  • Just steps from Union Square Park
  • Easy access to Union Square Station

Property Analytics

Current Use

Jack's Delicatessen Food Market 126 University Place ... Condominium Complex

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Adult Day Care Buffet 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

38,171
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space offered for rent near Union Square Park with easy access to multiple subway lines.
Where is this retail space located?
The property is located at 126 University Pl New York, NY.
What are key features of this property?
This property features: 1,193 SF retail space; Just steps from Union Square Park; Easy access to Union Square Station
(516) 502-5438 Call to check price and availability
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