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311 West 42nd Street, New York City, NY 10036

Large retail space at the base of luxury residential building.

Space Size722 SF - 15,854 SF
Property Size16,576 SF
Days on Market318

Property Features for 311 West 42nd Street

General Information

Standard status Active
Size 722 SF - 15,854 SF
Property subtype Retail

Building Details

Building Size 16,576 SF
Tenancy Multiple

Spaces For Lease

at 311 West 42nd Street Contact us

Space A Active

Size 15,854 SF
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Space B Active

Size 722 SF
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Listing Agency: Retail by Mona
Listed By: Brandon Singer · License #NY
Source: Crexi
Added: Nov 22, 2025 Changed: Oct 3 Last Checked: Oct 5 at 5:50PM

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 Retail by Mona

Investment Insights

Based on property information with market context.

Located on West 42nd Street between Eighth and Ninth Avenues, this retail space is situated at the base of a new 32-story luxury residential building containing 330 units. The ground floor offers 19,186 square feet with ceiling heights ranging from 20 to 23 feet. The lower level provides an additional 22,823 square feet with a 23-foot ceiling height, bringing the total space to 42,009 square feet.

Key Highlights

  • Total of 42,009 SF of space across two floors.
  • Located at the base of a new 330‑unit luxury residential building.
  • Ground floor space of 19,186 SF with 20' - 23' ceiling height.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Skin Care Clinic

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

4,714
Businesses Nearby
473k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 64% Dining 19% Shops & Services 11% Groceries 5%
Costco Wholesale Superstores
303,066 visits/mo 0.3 miles
McDonald's Dining
61,940 visits/mo 0.2 miles
Dunkin' Donuts Dining
17,346 visits/mo 0.3 miles
Key Food Groceries
17,068 visits/mo 0.2 miles
Chase Bank Shops & Services
13,539 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York City, NY

$42.29 /SF/Yr
Avg Asking Price
$12–$84 /SF/Yr
Price Range
4,259 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 - Large retail space at the base of luxury residential building.
Where is this retail space located?
The property is located at 311 West 42nd Street New York City, NY.
What are key features of this property?
This property features: Total of 42,009 SF of space across two floors.; Located at the base of a new 330‑unit luxury residential building.; Ground floor space of 19,186 SF with **20' - 23' ceiling height.**
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