Retail Space Steps From Grand
For Lease
Contact for pricing
525 Lexington Ave, New York, NY 10017
Retail space for lease steps from Grand Central Terminal, across from Waldorf Astoria.
Property Size10,000 SF
Days on Market571
Property Features for 525 Lexington Ave
General Information
Standard status
Active
Size
10,000 SF
Property subtype
RETAIL
Listing Agency:
CBRE | Midtown Manhattan
(212) 984-6644
Listed By:
Henry Rossignol
Source:
Moodyscre
Added: Jan 7, 2025
Changed: Jul 27
Last Checked: Aug 1 at 8:33AM
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.
This retail space is available for lease at 525 Lexington Ave, New York, NY 10017. The offering provides a substantial commercial footprint suitable for retail users seeking a Midtown presence.
The property is positioned steps from Grand Central Terminal, which serves over 21 million visitors and 44 million commuters annually. The surrounding office market is supported by over 40 million square feet of office space and more than 500,000 daily employees. The immediate area is also characterized by hospitality activity, with over 62 hotels and more than 18,700 hotel rooms nearby.
Additionally, the location sits across the street from the newly renovated Waldorf Astoria, reinforcing the property’s exposure to both commuter and visitor traffic.
The property is positioned steps from Grand Central Terminal, which serves over 21 million visitors and 44 million commuters annually. The surrounding office market is supported by over 40 million square feet of office space and more than 500,000 daily employees. The immediate area is also characterized by hospitality activity, with over 62 hotels and more than 18,700 hotel rooms nearby.
Additionally, the location sits across the street from the newly renovated Waldorf Astoria, reinforcing the property’s exposure to both commuter and visitor traffic.
Key Highlights
- Retail space for lease steps from Grand Central Terminal
- Across the street from the newly renovated Waldorf Astoria
- Surrounded by 62+ hotels with 18,700+ hotel rooms in the area
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
75,445
Businesses Nearby
Explore this area
Business Placement
Demographics for 10017, NY
17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
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
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease steps from Grand Central Terminal, across from Waldorf Astoria.
Where is this retail space located?
The property is located at 525 Lexington Ave New York, NY.
What are key features of this property?
This property features: Retail space for lease steps from Grand Central Terminal; Across the street from the newly renovated Waldorf Astoria; Surrounded by 62+ hotels with 18,700+ hotel rooms in the area
