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Retail Space Near Subway Station
For Lease
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316 E 53rd St, New York, NY 10022

Located near Lexington Avenue/53rd Street Subway Station, with potential for flagpole signage.

Space Size900 SF
Days on Market174

Property Features for 316 E 53rd St

General Information

Standard status Active
Size 900 SF
Property subtype RETAIL

Amenities

flagpole sign

Spaces For Lease

at 316 E 53rd St
316 E 53rd St AVAILABLE, Now
Floor Basement
Size 900 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Surrounded by strong residential and office populations - Close proximity to Lexington Avenue/53rd Street Subway Station - Flagpole sign possible - Can be leased with fourth floor penthouse flex space
Contact us
Listing Agency: Newmark - Corporate
Listed By: Jeremy Tucker
Source: Moodyscre
Added: Apr 29 Changed: Oct 8 Last Checked: Oct 19 at 8:14AM

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 Newmark - Corporate

Rey
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Investment Insights

Based on property information with market context.

The retail space at 316 E 53rd St in New York comprises 2850 square feet. The property is surrounded by residential and office populations and sits near Lexington Avenue/53rd Street Subway Station. Flagpole signage may be possible. The space can also be leased with fourth-floor penthouse flex space, providing an option for additional commercial accommodation.

Key Highlights

  • 2850 square feet of retail space
  • Near Lexington Avenue/53rd Street Subway Station
  • Flagpole sign possible

Property Analytics

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Current Use

212 Steakhouse Restaurant Hoobio Department Store Snack NYC Family Recreation Center Flowers by Richard ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Buffet Nursing Home Clothing & Fashion Store

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

6,087
Businesses Nearby
79k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 31% Shops & Services 28% Groceries 27% Apparel 8%
Bravo Supermarkets Groceries
15,635 visits/mo 0.2 miles
Dunkin' Donuts Dining
15,098 visits/mo 0.3 miles
Chase Bank Shops & Services
13,539 visits/mo 0.2 miles
Carvel Ice Cream Dining
5,481 visits/mo 0.3 miles
Bravo Supermarkets Groceries
5,355 visits/mo 0.3 miles

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,072 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

Frequently Asked Questions

What type of property is this?
Retail space - Located near Lexington Avenue/53rd Street Subway Station, with potential for flagpole signage.
Where is this retail space located?
The property is located at 316 E 53rd St New York, NY.
What are key features of this property?
This property features: 2850 square feet of retail space; Near Lexington Avenue/53rd Street Subway Station; Flagpole sign possible
(212) 916-3371 Call to check price and availability
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