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Divided Two-Space Retail Property
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241 W 37th St, New York, NY 10018

Includes ground-floor and basement areas across two separately divided spaces.

Property Size1,220 SF
Days on Market674

Property Features for 241 W 37th St

General Information

Standard status Active
Size 1,220 SF
Property subtype RETAIL
Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: Jack Khaski · License #NY10401259981
Source: Moodyscre
Added: Sep 27, 2024 Changed: Jul 31 Last Checked: Aug 1 at 12:42PM

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.

The retail space is currently divided into two separate areas. Space A, identified as Tempo Paris, includes 2,750 SF on the ground floor and 1,300 SF in the basement. Space B, occupied by a wheelchair rental tenant, includes 1,220 SF on the ground floor and 1,221 SF in the basement.

The property is located at 241 W 37th St in New York, within a fashion corridor described as having high foot traffic. The two-space configuration provides distinct ground-floor and basement areas within a retail setting.

Key Highlights

  • Two separately divided retail spaces
  • Space A includes 2,750 SF ground floor and 1,300 SF basement
  • Space B includes 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 - Includes ground-floor and basement areas across two separately divided spaces.
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 separately divided retail spaces; Space A includes 2,750 SF ground floor and 1,300 SF basement; Space B includes 1,220 SF ground floor and 1,221 SF basement
(917) 355-0559 Call to check price and availability
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