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Prime Retail Space on 5th
For Lease
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1321 5th Ave, New York, NY

Retail space near Central Park with high-end condos upstairs.

Space Size643 SF - 6,926 SF
Lot Size0.72 Acres
Days on Market288

Property Features for 1321 5th Ave

General Information

Standard status Active
Size 643 SF - 6,926 SF
Lot size 0.72 Acres
Property subtype RETAIL

Spaces For Lease

at 1321 5th Ave Contact us

1321 5th Ave $11,500/Mo

Floor
1
Size
1,850 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Second generation restaurant space - Fully vented 25 FT hood with gas - Steps from...
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1325 5th Ave $65/SF/Yr

Size
1,972 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Only built ground floor / daycare space in the neighborhood - Prime retail space...
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1325 5th Ave $65/SF/Yr

Size
643 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Only built ground floor / daycare space in the neighborhood - Prime retail space...
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Contact us

1325 5th Ave $55/SF/Yr

Size
5,970 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Only built ground floor / daycare space in the neighborhood - Prime retail space...
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1325 5th Ave $60/SF/Yr

Size
1,838 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Only built ground floor / daycare space in the neighborhood. - Prime retail space...
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1325 5th Ave $65/SF/Yr

Size
991 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Only built ground floor / daycare space in the neighborhood. - Prime retail space...
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Contact us

1325 5th Ave $55/SF/Yr

Size
6,926 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Only built ground floor / daycare space in the neighborhood - Prime retail space...
show more
Contact us
Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Nov 25, 2025 Changed: Aug 9 Last Checked: Sep 8 at 3:56AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This retail space is located on 5th Avenue between 111th and 112th Street. The property is the only built ground floor daycare space in the neighborhood. The location benefits from strong vertical density and proximity to numerous high-end condo and residential developments in the immediate trade area, as well as excellent proximity to Central Park. High-end condos are located upstairs. The landlord will provide work to qualified tenants on long-term deals. The space is suitable for a cafe or coffee shop. The property has a size of 643 square feet.

Key Highlights

  • Prime retail space on 5th Ave between 111th and 112th Street.
  • Strong vertical density and numerous high‑end condo and residential developments in immediate trade area.
  • Only built ground floor / daycare space in the neighborhood.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Electrical Service Big Box & Wholesale Store

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
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,121
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

$47.71 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
4,953 SF
Avg Space Size

This space is priced 15% above the average of $47.71 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space near Central Park with high-end condos upstairs.
Where is this retail space located?
The property is located at 1321 5th Ave New York, NY.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Prime retail space on 5th Ave between 111th and 112th Street.; Strong vertical density and numerous high‑end condo and residential developments in immediate trade area.; Only built ground floor / daycare space in the neighborhood.
(212) 468-5984 Call to check price and availability
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