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Prime Times Square Retail/Office Space
For Lease
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165 W 48th St, New York, NY 10036

Retail or office space with large windows and private bathroom.

Space Size600 SF
Days on Market930

Property Features for 165 W 48th St

General Information

Standard status Active
Size 600 SF
Property subtype Retail, Office

Building Details

Year Built 1910
Tenancy Single

Spaces For Lease

at 165 W 48th St Contact us

Available Space

Size
600 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Find Real Estate
Listed By: Aldona Dabrowska · License #NY 10401242247
Source: Crexi
Added: Jan 26, 2024 Changed: Aug 8 Last Checked: Aug 12 at 1:08PM

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 Find Real Estate

Investment Insights

Based on property information with market context.

This commercial space is suitable for retail or office use. It features a massive wall of windows, a private bathroom, and high ceilings. The property is located in the prime Times Square area.

Key Highlights

  • Prime Times Square Location
  • Massive Wall of Windows offering great natural light
  • Suitable for Retail or Office Use

Property Analytics

Current Use

Carvel Grocery & Convenience Store Nail WAH Nail Salon Silk Ruug Cleanng Corporate Office Silk RuUg Care Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Butcher Clothing & Fashion Store Buffet

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
$18.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

73,599
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$70.65 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,957 SF
Avg Space Size

This space is priced 70% above the average of $70.65 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office space with large windows and private bathroom.
Where is this retail space located?
The property is located at 165 W 48th St New York, NY.
What is the lease rate?
The lease rate is $120 SF/Yr.
What are key features of this property?
This property features: Prime Times Square Location; Massive Wall of Windows offering great natural light; Suitable for Retail or Office Use
(212) 300-6412 Call to check price and availability
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