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Retail Units in Midtown Manhattan
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319 W 47th St, New York, NY

Two retail units available for rent in Midtown Manhattan.

Space Size550 SF
Lot Size0.06 Acres
Days on Market900

Property Features for 319 W 47th St

General Information

Standard status Active
Size 550 SF
Lot size 0.06 Acres
Property subtype RETAIL

Site & Location

Neighborhood Midtown Manhattan

Spaces For Lease

at 319 W 47th St
319 W 47th St $115/SF/Yr
Floor 1
Size 550 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- Two 550 +/- SF units offered @ $115 PSF - Dry uses only - Tenant is responsible for: electric, garbage & 7.5% of the taxes - Multiple rail and bus lines - Each unit has 300 SF of basement space
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Listing Agency: Triforce Commercial Real Estate
Listed By: Jason Horowitz · License ##10491207540
Source: Moodyscre
Added: May 16, 2024 Changed: Oct 31 Last Checked: Oct 30 at 4:07PM

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 Triforce Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

Two units, each approximately 550 square feet, are available for rent. The rental rate is $115 per square foot. These units are suitable for dry uses only. Each unit includes 300 square feet of basement space. The tenant is responsible for electric, garbage, and 7.5% of the taxes. The location offers access to multiple rail and bus lines.

Key Highlights

  • Two units available for purchase.
  • Priced at $115 per square foot.
  • Each unit includes 300 SF of basement space.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

FRAMEWORK ART INSTALLATION ... Interior Design HK BEST BARBERS ... Barber Shop

Suggested Use

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

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
$17.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

55,267
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,130 SF
Avg Space Size

This space is priced 142% above the average of $47.59 /SF/Yr.

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 - Two retail units available for rent in Midtown Manhattan.
Where is this retail space located?
The property is located at 319 W 47th St New York, NY.
What is the lease rate?
The lease rate is $115 SF/Yr.
What are key features of this property?
This property features: Two units available for purchase.; Priced at $115 per square foot.; Each unit includes 300 SF of basement space.
(845) 323-9177 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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