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Retail Space with Two-Tenant Layout
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241 W 37th St, New York, NY 10018

Ground and basement retail space split into two units, with Space A and Space B configuration for flexible leasing.

Property Size1,221 SF
Days on Market403

Property Features for 241 W 37th St

General Information

Standard status Active
Size 1,221 SF
Property subtype RETAIL
Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: Jack Khaski · License #NY10401259981
Source: Moodyscre
Added: Jun 25, 2025 Changed: Jul 29 Last Checked: Jul 31 at 1:34PM

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 Kassin Sabbagh Realty (KSR)

Investment Insights

Based on property information with market context.

Retail space currently divided into two separate spaces, each with ground-floor and basement components. Space A (Tempo Paris) offers 2,750 SF on the ground floor plus 1,300 SF in the basement. Space B, leased to a wheelchair rental tenant, includes 1,220 SF on the ground floor and 1,221 SF in the basement.

The space is positioned in a high foot-traffic area within a prime fashion corridor. The 241 W 37th St address places the property in Manhattan’s retail market, suited for tenants seeking street-level customer traffic and additional basement space for back-of-house or storage.

With two distinct space configurations, the property can accommodate leasing needs that require separate ground and basement areas while maintaining shared building access from the street level.

Key Highlights

  • Two‑space retail layout with ground floor plus basement for each tenant area
  • Space A (Tempo Paris): 2,750 SF ground floor and 1,300 SF basement
  • Space B: 1,220 SF ground floor and 1,221 SF basement

Property Analytics

Current Use

Evil Genius Group Marketing & Advertising THE MICHAEL COLLECTION Clothing & Fashion Store Blue Whale App ... (Bike/Boat/Book/etc) Store slumdesign Marketing & Advertising Americare Health Inc. Corporate Office

Suggested Use

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

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

81,836
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
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 and basement retail space split into two units, with Space A and Space B configuration for flexible leasing.
Where is this retail space located?
The property is located at 241 W 37th St New York, NY.
What are key features of this property?
This property features: Two‑space retail layout with ground floor plus basement for each tenant area; Space A (Tempo Paris): 2,750 SF ground floor and 1,300 SF basement; Space B: 1,220 SF ground floor and 1,221 SF basement
(917) 355-0559 Call to check price and availability
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