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Retail Suites with Rear Yard
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157 W 57th St, New York, NY 10019

Ground-floor retail at the base of Park Hyatt Hotel with 31'5" frontage and ceiling heights up to 21'1".

Property Size3,479 SF
Days on Market854

Property Features for 157 W 57th St

General Information

Standard status Active
Size 3,479 SF
Property subtype RETAIL
Listing Agency: The Shopping Center Group | NYC
Listed By: Ian Rice
Source: Moodyscre
Added: Apr 1, 2024 Changed: Jul 27 Last Checked: Aug 1 at 4:18AM

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 The Shopping Center Group | NYC

Investment Insights

Based on property information with market context.

This ground-floor retail offering includes multiple space options (Space A: 21'1" ceilings, Space B: 21'1" ceilings, and Space C: 15'9" ceilings). The property also features a rear yard totaling 951 SF, providing a distinct outdoor option for operations. Ownership is open to logical divisions, with all uses considered.

The location sits at the base of the Park Hyatt Hotel and Residency. Surrounding neighbors include Carnegie Hall, The One Hotel, The Russian Tea Room, Nordstrom, Deutsche Bank Center, The New York Athletic Club, Sugarfish, Sweetgreen, Joe and the Juice, Cafe Serafina, and Le Méridien Hotel. The property presents 31'5" of frontage.

The spaces are configured with ceiling heights noted above, and the rear yard creates a practical accessory area for the retail environment.

Key Highlights

  • Ground‑floor retail at the base of the Park Hyatt Hotel and Residency
  • 31'5" frontage
  • Ceiling heights up to 21'1" (Space A and Space B: 21'1", Space C: 15'9")

Property Analytics

Current Use

Denicor Care Center Dental Office Get Steez Art ... Art Gallery Heather Jones, MD Physician Pevsner Paul H ... Physician

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Nursing Home Auto Repair Shop 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

49,382
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
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 - Ground-floor retail at the base of Park Hyatt Hotel with 31'5" frontage and ceiling heights up to 21'1".
Where is this retail space located?
The property is located at 157 W 57th St New York, NY.
What are key features of this property?
This property features: Ground‑floor retail at the base of the Park Hyatt Hotel and Residency; 31'5" frontage; Ceiling heights up to 21'1" (Space A and Space B: 21'1", Space C: 15'9")
(212) 741-2500 Call to check price and availability
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