Lower-Level Retail
For Lease
Contact for pricing
560 7th Ave, New York, NY 10018
Ground-level entry and elevator serve this lower-level retail space beneath a 234-room hotel.
Space Size734 SF - 9,934 SF
Days on Market48
Property Features for 560 7th Ave
General Information
Standard status
Active
Size
734 SF - 9,934 SF
Class
Unclassified
Property subtype
retail
Amenities
dedicated ground floor entrance
elevator
Spaces For Lease
at 560 7th Ave Contact us- Floor
- Ground
- Size
- 734-9,934 SF
- Term
- Negotiable
- Availability
- Mar 2026
Available Space
- Floor
- Sub-Cellar
- Size
- 9,200-9,934 SF
- Term
- Negotiable
- Availability
- Mar 2026
Available Space
Listing Agency:
New York
(212) 812-5888
Listed By:
Patrick A. Smith · License #10301212648
(212) 812-5888
Source:
Property.jll
Added: Jul 16
Changed: Aug 31
Last Checked: Aug 31 at 12:48PM
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 New York
Investment Insights
Based on property information with market context.
This lower-level retail space is positioned beneath the Margaritaville Times Square Hotel, which contains 234 rooms. The premises include a dedicated entrance at street level and elevator access, providing a separate arrival point for customers and visitors.
The property is at 560 7th Ave on the north side of W. 40th Street, between Seventh and Eighth Avenues. It sits between Times Square, the Port Authority and Penn Station, with surrounding restaurants, retailers, hotels and theaters. The location provides access to approximately 40 million annual Times Square visitors and New York’s number-one subway station, which serves more than 45 million passengers annually.
The property is at 560 7th Ave on the north side of W. 40th Street, between Seventh and Eighth Avenues. It sits between Times Square, the Port Authority and Penn Station, with surrounding restaurants, retailers, hotels and theaters. The location provides access to approximately 40 million annual Times Square visitors and New York’s number-one subway station, which serves more than 45 million passengers annually.
Key Highlights
- Lower‑level retail space beneath a 234‑room Margaritaville Times Square Hotel
- Dedicated ground‑floor entrance with elevator access
- 560 7th Ave on the north side of W. 40th Street, between Seventh and Eighth Avenues
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,630
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 30%
Groceries 18%
Hotels & Casinos 4%
Bank of America
Shops & Services
13,992 visits/mo
0.5 miles
Market Place By Key Food
Groceries
9,432 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,912 visits/mo
0.4 miles
Santander Bank
Shops & Services
4,660 visits/mo
0.4 miles
Fonda
Dining
4,409 visits/mo
0.4 miles
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Market
Lease Benchmarks for New York, NY
$51.93 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,191 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-level entry and elevator serve this lower-level retail space beneath a 234-room hotel.
Where is this retail space located?
The property is located at 560 7th Ave New York, NY.
What are key features of this property?
This property features: Lower‑level retail space beneath a 234‑room Margaritaville Times Square Hotel; Dedicated ground‑floor entrance with elevator access; 560 7th Ave on the north side of W. 40th Street, between Seventh and Eighth Avenues
