Retail Space with Multiple Ceiling
For Lease
Contact for pricing
157 W 57th St, New York, NY 10019
Ground-floor retail space offers ceiling height variety across three adjacent spaces in a landmark Midtown setting.
Property Size1,435 SF
Days on Market854
Property Features for 157 W 57th St
General Information
Standard status
Active
Size
1,435 SF
Property subtype
RETAIL
Additional Details
Divisible
Yes
Listing Agency:
The Shopping Center Group | NYC
(212) 741-2500
Listed By:
Ian Rice
Source:
Moodyscre
Added: Apr 1, 2024
Changed: Jul 29
Last Checked: Aug 1 at 2:43PM
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.
Retail space offered at the base of the Park Hyatt Hotel and Residency at 157 W 57th St, New York, NY 10019. The offering includes three space options (Space A, Space B, and Space C) with ceiling heights of 21'1” for Spaces A and B, and 15'9” for Space C. Rear yard space totals 951 SF, and the property has 33' of frontage.
The neighboring mix includes well-known Midtown brands and institutions, including Carnegie Hall, Nordstrom, Deutsche Bank Center, The New York Athletic Club, Sweetgreen, Sugarfish, Joe and the Juice, Cafe Serafina, and Le Méridien Hotel. Ownership is open to logical divisions, and all uses are considered.
This setup can be suited to concepts that need flexible configurations across multiple adjacent spaces, with direct frontage and a defined rear yard area for back-of-house needs.
The neighboring mix includes well-known Midtown brands and institutions, including Carnegie Hall, Nordstrom, Deutsche Bank Center, The New York Athletic Club, Sweetgreen, Sugarfish, Joe and the Juice, Cafe Serafina, and Le Méridien Hotel. Ownership is open to logical divisions, and all uses are considered.
This setup can be suited to concepts that need flexible configurations across multiple adjacent spaces, with direct frontage and a defined rear yard area for back-of-house needs.
Key Highlights
- 33' frontage at 157 W 57th St
- Rear yard: 951 SF
- Ceiling heights: Space A 21'1”, Space B 21'1”
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
49,382
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail space offers ceiling height variety across three adjacent spaces in a landmark Midtown setting.
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: 33' frontage at 157 W 57th St; Rear yard: 951 SF; Ceiling heights: Space A 21'1”, Space B 21'1”