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Single-Tenant Retail Space

16 E 40th St, New York, NY 10016

For Lease
Contact for pricing

Designed for one retail occupant, with a Midtown Manhattan location.

Space Size6,000 SF
Days on Market21

Property Features for 16 E 40th St

General Information

Standard status Active
Size 6,000 SF
Net Rentable 6,000 SF
Property subtype Retail

Space & Availability

Available Space 6,000 SF
Contiguous Space 6,000 SF
Space Use Retail

Site & Location

Neighborhood Midtown Manhattan

Building Details

Tenancy Single

Spaces For Lease

at 16 E 40th St
Ground Floor Active
Size 6,000 SF
Contact us
Listing Agency: Midtown Commercial Real Estate
Listed By: Sung Cho · License NY #10301203280
Source: Crexi
Added: Oct 21 Changed: Nov 9 Last Checked: Nov 8 at 4:44PM

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 Midtown Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 6,000-square-foot retail space is configured for a single tenant. The property is located at 16 E 40th St, New York, NY 10016.

Key Highlights

  • 6,000‑square‑foot retail space
  • Single‑tenant configuration
  • 16 E 40th St, New York, NY 10016

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cristina R. De ... Medical Clinic POPIN Corporate Office Quintessential Wines Specialty Food Shop Positive Psychology Associates ... Physician Wall Street Share ... Coworking & Hybrid Office

Suggested Use

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

91,796
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$51.62 /SF/Yr
Avg Asking Price
$12–$105 /SF/Yr
Price Range
4,491 SF
Avg Space Size

Properties on Market for Retail space in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Designed for one retail occupant, with a Midtown Manhattan location.
Where is this retail space located?
The property is located at 16 E 40th St New York, NY.
What are key features of this property?
This property features: 6,000‑square‑foot retail space; Single‑tenant configuration; 16 E 40th St, New York, NY 10016
(212) 804-7712 Call to check price and availability
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