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Prime Retail Space Near Terminal
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150 E 42nd St, New York, NY

Retail space near Grand Central Terminal with high foot traffic.

Property Size2,400 SF
Lot Size2.06 Acres
Days on Market250

Property Features for 150 E 42nd St

General Information

Standard status Active
Size 2,400 SF
Lot size 2.06 Acres
Property subtype RETAIL
Listing Agency: Schuckman Realty Inc.
Listed By: Kenneth Schuckman · License #1861183
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 8:50AM

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 Schuckman Realty Inc.

Investment Insights

Based on property information with market context.

This retail space, encompassing 2400 square feet, is situated in close proximity to Grand Central Terminal, which sees over 750,000 visitors daily. New subway entrances are located steps away from the storefront, offering convenient access. The property benefits from exceptional demographics.

Key Highlights

  • Close proximity to Grand Central Terminal
  • High daily visitor traffic (over 750,000)
  • New subway entrances steps away

Property Analytics

Current Use

Corporate Counsel Publishing House Wells Fargo Home ... Loan Service Ween Martin M Law Firm Leghorn Thomas A Law Firm Mount Sinai Health ... Hospital

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Buffet Locksmith Parking Lot & Garage

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

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 near Grand Central Terminal with high foot traffic.
Where is this retail space located?
The property is located at 150 E 42nd St New York, NY.
What are key features of this property?
This property features: Close proximity to Grand Central Terminal; High daily visitor traffic (over 750,000); New subway entrances steps away
(516) 496-8888 Call to check price and availability
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